Banner Corporation (BANR)

NASDAQ: BANR · Real-Time Price · USD
65.50
+0.84 (1.30%)
Oct 22, 2024, 4:00 PM EDT - Market closed
1.30%
Market Cap 2.26B
Revenue (ttm) 593.39M
Net Income (ttm) 165.13M
Shares Out 34.46M
EPS (ttm) 4.78
PE Ratio 13.70
Forward PE 13.64
Dividend $1.92 (2.93%)
Ex-Dividend Date Nov 5, 2024
Volume 202,396
Open 64.75
Previous Close 64.66
Day's Range 64.30 - 65.50
52-Week Range 39.31 - 68.11
Beta 1.03
Analysts Buy
Price Target 61.20 (-6.56%)
Earnings Date Oct 16, 2024

About BANR

Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real esta... [Read more]

Sector Financials
IPO Date Aug 24, 1995
Employees 1,966
Stock Exchange NASDAQ
Ticker Symbol BANR
Full Company Profile

Financial Performance

In 2023, Banner's revenue was $609.63 million, a decrease of -1.37% compared to the previous year's $618.07 million. Earnings were $183.62 million, a decrease of -6.02%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BANR stock is "Buy." The 12-month stock price forecast is $61.2, which is a decrease of -6.56% from the latest price.

Price Target
$61.2
(-6.56% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Banner Corporation (BANR) Q3 2024 Earnings Call Transcript

Banner Corporation (NASDAQ:BANR) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Inves...

5 days ago - Seeking Alpha

Banner Corporation Reports Net Income of $45.2 Million, or $1.30 Per Diluted Share, for Third Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.2 million, or $1.30 per diluted share, for the th...

6 days ago - Business Wire

Banner Corporation Announces Third Quarter 2024 Conference Call and Webcast

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market clo...

22 days ago - Business Wire

Banner Corporation Announces Stock Repurchase Program

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Company”), the parent company of Banner Bank, today announced that its Board of Directors has authorized the repurchase of up t...

3 months ago - Business Wire

This Sealed Air Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...

Other symbols: SEECHUYCTASWNS
3 months ago - Benzinga

Banner Corporation (BANR) Q2 2024 Earnings Call Transcript

Banner Corporation (NASDAQ:BANR) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants Mark Grescovich - President and Chief Executive Officer Rich Arnold - Head of Investor...

3 months ago - Seeking Alpha

Banner Corporation Reports Net Income of $39.8 Million, or $1.15 Per Diluted Share, for Second Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $39.8 million, or $1.15 per diluted share, for the se...

3 months ago - Business Wire

KBRA Affirms Ratings for Banner Corporation

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that Kroll Bond Rating Agency, LLC (KBRA) affirmed the senior unse...

3 months ago - Business Wire

Banner Corporation Announces Second Quarter 2024 Conference Call and Webcast

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its second quarter results after the market cl...

4 months ago - Business Wire

Chief Audit Executive Garcia to Retire; Newman Hired as Replacement

WALLA WALLA, Wash.--(BUSINESS WIRE)--Jim Garcia, EVP and Chief Audit Executive, will retire July 15, 2024 and Scott Newman has been hired as the next Chief Audit Executive.

4 months ago - Business Wire

Banner Again Named One of the 100 Best Banks in America

WALLA WALLA, Wash.--(BUSINESS WIRE)--Forbes has named Banner Bank one of the 100 Best Banks in America for the eighth consecutive year. “Being ranked among the top 100 banks in America for eight strai...

4 months ago - Business Wire

Chief Risk Officer Jim Costa Promoted to Expanded Role Including Chief Operating Officer

WALLA WALLA, Wash.--(BUSINESS WIRE)--The Banner Bank executive leadership team is pleased to announce Executive Vice President Jim Costa has been promoted to Chief Operating Officer in addition to his...

5 months ago - Business Wire

Banner Corporation Announces Results of Annual Meeting, Shareholders Approve All Proposals and Confirm All Nominated Directors to Board

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR), (“Banner” or the “Company”), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-...

5 months ago - Business Wire

Banner Corporation (BANR) Q1 2024 Earnings Call Transcript

Banner Corporation (NASDAQ:BANR) Q1 2024 Earnings Call Transcript April 18, 2024 11:00 AM ET Company Participants Mark Grescovich - President and CEO Rich Arnold - Head of IR Jill Rice - CCO Rob Butt...

6 months ago - Seeking Alpha

Banner Corporation Reports Net Income of $37.6 Million, or $1.09 Per Diluted Share, for First Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $37.6 million, or $1.09 per diluted share, for the fir...

6 months ago - Business Wire

Newsweek Again Names Banner Bank One of the Most Trustworthy Companies in America

WALLA WALLA, Wash.--(BUSINESS WIRE)--Newsweek has selected Banner Bank as one of America's Most Trustworthy Companies 2024, ranking Banner 3rd among the 27 banks and credit unions that made the cut. T...

6 months ago - Business Wire

Banner Corporation Announces First Quarter 2024 Conference Call and Webcast

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ:BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market clos...

7 months ago - Business Wire

Banner Corporation (BANR) Q4 2023 Earnings Call Transcript

Banner Corporation (BANR) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Banner Corporation Reports Net Income of $42.6 Million, or $1.24 Per Diluted Share, for 4th Quarter 2023; Earns $183.6 Million in Net Income, or $5.33 Per Diluted Share, for the Full Year of 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $42.6 million, or $1.24 per diluted share, for the fo...

9 months ago - Business Wire

Banner Corporation Announces Fourth Quarter 2023 Conference Call and Webcast

WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter result...

10 months ago - GlobeNewsWire

Banner Corporation (BANR) Q3 2023 Earnings Call Transcript

Banner Corporation (BANR) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

WALLA WALLA, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.9 million, or $1.33 per dilu...

1 year ago - GlobeNewsWire

Banner Corporation Announces Third Quarter 2023 Conference Call and Webcast

WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter result...

1 year ago - GlobeNewsWire

Banner Corp.: A Cheap Bank That's Not Without Its Shortcomings

Banner Corp is a potential investment opportunity after the banking collapse, with signs of resilience and a cheap valuation. The company operates branch offices and loan production offices primarily ...

1 year ago - Seeking Alpha

KBRA Releases Surveillance Report for Banner Corporation

NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Walla Walla, ...

1 year ago - Business Wire