BANR - Banner Corp Stock Price, Fair Value and News

45.24USD-0.91 (-1.97%)Delayed as of 25 Apr 2024, 11:03 am ET

Market Summary

USD45.24-0.91

Delayedas of 25 Apr 2024, 11:03 am

-1.97%

BANR Stock Price

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BANR RSI Chart

BANR Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

8.63

Price/Sales (Trailing)

2.74

Price/Free Cashflow

6.54

BANR Price/Sales (Trailing)

BANR Profitability

Return on Equity

11.11%

Return on Assets

1.17%

Free Cashflow Yield

15.3%

BANR Fundamentals

BANR Revenue

Revenue (TTM)

577.9M

BANR Earnings

Earnings (TTM)

183.6M

Earnings Growth (Yr)

-21.62%

Earnings Growth (Qtr)

-7.04%

Breaking Down BANR Revenue

52 Week Range

40.6951.00

(Low)(High)

Last 7 days

7.0%

Last 30 days

0.7%

Last 90 days

-4.2%

Trailing 12 Months

-4.4%

How does BANR drawdown profile look like?

BANR Financial Health

BANR Investor Care

Dividend Yield

4.16%

Dividend/Share (TTM)

1.92

Shares Dilution (1Y)

0.45%

Diluted EPS (TTM)

5.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	577.9M
2022	0	0	456.6M	467.5M
2021	429.4M	434.8M	440.3M	445.7M
2020	407.6M	413.0M	418.5M	423.9M
2018	0	380.0M	0	0
2017	0	0	0	0
2016	0	0	0	0
2015	0	0	177.5M	0
2013	171.9M	169.7M	167.7M	167.2M
2012	182.0M	179.6M	177.9M	174.7M
2011	199.8M	194.2M	188.6M	184.4M
2010	0	217.3M	211.5M	205.8M
2009	0	0	0	223.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Banner Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	costa james m	sold (taxes)	-14,393	46.58	-309	executive vp, banner bank
Apr 03, 2024	larsen kenneth a	sold (taxes)	-4,797	46.58	-103	executive vp, banner bank
Apr 03, 2024	reed james t jr	sold (taxes)	-5,496	46.58	-118	executive vp, banner bank
Apr 03, 2024	brown janet m	sold (taxes)	-7,080	46.58	-152	executive vp, banner bank
Apr 03, 2024	rice jill m	sold (taxes)	-6,614	46.58	-142	executive vp, banner bank
Apr 03, 2024	kohler kayleen r	sold (taxes)	-8,151	46.58	-175	executive vp, banner bank
Apr 03, 2024	purcell cynthia d	sold (taxes)	-19,144	46.58	-411	executive vp, banner bank
Apr 03, 2024	butterfield robert	sold (taxes)	-8,803	46.58	-189	executive vp
Apr 03, 2024	conner peter	sold (taxes)	-13,275	46.58	-285	exec consultant, banner bank
Apr 03, 2024	harrison karen	sold (taxes)	-7,359	46.58	-158	executive vp, banner bank

Which funds bought or sold BANR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	WESBANCO BANK INC	new	-	1,064,110	1,064,110	0.04%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-13.79	-706	2,400	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-14.71	-159,000	516,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.16	-105,232	816,000	0.02%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	3.46	-62,884	801,360	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	199,575	956,100	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-10.37	-191,064	780,004	-%
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	unchanged	-	-192,860	1,664,980	0.80%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.97	-127,000	1,004,000	0.01%
Apr 19, 2024	Tradewinds Capital Management, LLC	unchanged	-	-38,876	335,616	0.09%

Are Funds Buying or Selling BANR?

Are funds buying BANR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BANR

No. of Funds

Unveiling Banner Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.19%	4,187,837	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.6%	2,257,929	SC 13G/A
Jan 24, 2024	state street corp	5.18%	1,779,867	SC 13G
Jan 23, 2024	blackrock inc.	14.4%	4,951,813	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.9%	2,342,715	SC 13G/A
Feb 09, 2023	vanguard group inc	11.85%	4,053,060	SC 13G/A
Jan 26, 2023	blackrock inc.	14.3%	4,887,742	SC 13G/A
Jan 20, 2023	blackrock inc.	14.3%	4,887,742	SC 13G
Feb 09, 2022	vanguard group inc	11.04%	3,782,997	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	6.7%	2,280,961	SC 13G/A

Recent SEC filings of Banner Corp

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	8-K	Current Report
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading

Peers (Alternatives to Banner Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

Banner Corp News

Latest updates

Banner Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2022Q4	2022Q3	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2018Q2	2018Q1	2017Q2	2017Q1	2016Q4	2016Q3	2016Q2	2016Q1	2015Q4	2015Q3
Revenue	-100.0%	-	129	117	105	116	113	109	111	114	116	119	100	94.00	95.00	91.00	91.00	90.00	80.00	71.00	61.00	52.00
Interest Expenses	-13.0%	138	159	146	122	130	128	118	121	121	120	119	105	99.00	-	-	-	-	-	-	-	-
Income Taxes	-11.2%	11.00	12.00	12.00	10.00	12.00	13.00	11.00	10.00	7.00	5.00	5.00	9.00	8.00	-	-	-	-	-	-	-	-
Net Income	-21.6%	43.00	54.00	49.00	50.00	50.00	54.00	47.00	39.00	37.00	24.00	17.00	32.00	29.00	-	-	-	-	-	-	-	-
Net Income Margin	-72.8%	0.32*	1.17*	1.14*	1.20*	1.14*	1.06*	0.87*	0.69*	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.4%	65.00	78.00	37.00	-32.28	9.00	-5.62	320	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.0%	15,670	15,508	15,585	15,534	15,833	16,361	16,385	16,776	16,805	16,638	16,182	16,120	15,032	14,642	14,406	12,781	12,604	12,098	11,847	11,740	11,871
Cash Equivalents	1.1%	254	252	281	243	243	822	1,171	1,988	2,134	2,201	1,468	1,650	1,234	706	420	295	308	324	247	262	272
Net PPE	-3.1%	132	137	135	136	139	141	141	143	149	152	156	161	165	172	173	175	178	171	171	171	172
Goodwill	0%	373	373	373	373	373	373	373	373	373	373	373	373	373	373	373	373	373	339	339	339	339
Liabilities	0.2%	14,018	13,987	14,042	14,002	14,377	14,952	14,899	15,212	15,115	14,971	14,513	14,501	13,365	12,996	12,781	11,179	11,010	10,567	10,326	10,229	10,393
Shareholder's Equity	8.7%	1,653	1,521	1,543	1,532	1,456	1,409	1,486	1,564	1,690	1,667	1,669	1,619	1,666	1,647	1,625	1,602	1,594	1,531	1,521	1,511	1,479
Retained Earnings	4.2%	642	616	587	564	525	486	452	420	391	355	320	280	247	223	201	178	187	204	178	153	134
Shares Outstanding	-0.1%	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	35.00	35.00	35.00	35.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,479	-	-	-	1,903	-	-	-	-	-	-	-	1,848	-	-	-	1,874	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-5.5%	68.00	72.00	43.00	75.00	81.00	42.00	65.00	51.00	-28.14	10.00	-2.76	322	-12.78	122	-36.83	53.00	81.00	-19.50	-76.77	165	-55.68
Share Based Compensation	-0.3%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	2.00	2.00	2.00	2.00	2.00	1.00	2.00
Cashflow From Investing	-215.1%	-80.73	-25.62	-10.53	309	-79.01	-396	-690	-278	-195	266	-256	-829	196	-32.26	-1,427	-190	-115	-98.64	13.00	59.00	-194
Cashflow From Financing	121.0%	16.00	-75.60	6.00	-383	-580	6.00	-191	82.00	157	457	77.00	923	345	195	1,589	126	18.00	196	49.00	-233	273
Dividend Payments	0.0%	17.00	16.00	17.00	17.00	15.00	15.00	16.00	15.00	14.00	14.00	15.00	15.00	14.00	14.00	15.00	51.00	14.00	14.00	15.00	13.00	12.00
Buy Backs	-	-	-	-	-	-	-	11.00	-	-	17.00	15.00	25.00	-	-	-	32.00	-	22.00	32.00	-	19.00

BANR Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST INCOME:
Loans receivable	$ 577,891,000	$ 450,916,000	$ 445,731,000
Mortgage-backed securities	72,352,000	67,585,000	45,723,000
Securities and cash equivalents	51,329,000	54,068,000	29,046,000
Total interest income	701,572,000	572,569,000	520,500,000
INTEREST EXPENSE:
Deposits	100,126,000	10,124,000	11,770,000
FHLB advances	10,524,000	489,000	2,592,000
Other borrowings	3,376,000	377,000	467,000
Subordinated debt	11,541,000	8,400,000	8,780,000
Total interest expense	125,567,000	19,390,000	23,609,000
Net interest income	576,005,000	553,179,000	496,891,000
Financing Receivable, Credit Loss, Expense (Reversal)	10,789,000	10,364,000	(33,388,000)
Interest Income (Expense), after Provision for Loan Loss, Total	565,216,000	542,815,000	530,279,000
NON-INTEREST INCOME
Deposit fees and other service charges	41,638,000	44,459,000	39,495,000
Mortgage banking operations	11,817,000	10,834,000	33,948,000
Bank Owned Life Insurance Income	9,245,000	7,794,000	5,000,000
Miscellaneous	5,169,000	6,805,000	12,875,000
Other operating income	67,869,000	69,892,000	91,318,000
Net (loss) gain on sale of securities	(19,242,000)	(3,248,000)	482,000
Net change in valuation of financial instruments carried at fair value	(4,218,000)	807,000	4,616,000
Gain on sale of branches, including related deposits	0	7,804,000	0
Total non-interest income	44,409,000	75,255,000	96,416,000
NON-INTEREST EXPENSE:
Salary and employee benefits	244,563,000	242,266,000	244,351,000
Less capitalized loan origination costs	(16,257,000)	(24,313,000)	(34,401,000)
Occupancy and equipment	47,886,000	52,018,000	52,850,000
Information and computer data services	28,445,000	25,986,000	24,356,000
Payment and card processing services	20,547,000	21,195,000	20,544,000
Professional and legal expenses	9,830,000	14,005,000	22,274,000
Advertising and marketing	4,794,000	3,959,000	6,036,000
Deposit insurance	10,529,000	6,649,000	5,583,000
State and municipal business and use taxes	5,260,000	4,693,000	4,343,000
Real estate operations, net	(538,000)	(104,000)	(22,000)
Amortization of core deposit intangibles	3,756,000	5,279,000	6,571,000
Loss on extinguishment of debt	0	793,000	2,284,000
Miscellaneous	23,723,000	24,869,000	24,236,000
Total other operating expense, before acquisition related costs	382,538,000	377,295,000	379,005,000
COVID-19 expenses	0	0	436,000
Merger and acquisition - related expenses	0	0	660,000
Total non-interest expense	382,538,000	377,295,000	380,101,000
Income before provision for income taxes	227,087,000	240,775,000	246,594,000
PROVISION FOR INCOME TAXES	43,463,000	45,397,000	45,546,000
NET INCOME	$ 183,624,000	$ 195,378,000	$ 201,048,000
Earnings per common share:
Basic (in dollars per share)	$ 5.35	$ 5.70	$ 5.81
Diluted (in dollars per share)	5.33	5.67	5.76
Cumulative dividends declared per common share (in dollars per share)	$ 1.92	$ 1.76	$ 1.64
Weighted average number of common shares outstanding:
Basic	34,344,142	34,264,322	34,610,056
Diluted	34,450,412	34,459,922	34,919,188

About Banner Corp

Banner Corporation operates as the bank holding company for Banner Bank that provide 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 estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; one- to four-family residential real estate lending; commercial business loans; agricultural loans; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and small business administration loans. In addition, it provides electronic and digital banking services. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

CEO	Mr. Mark J. Grescovich
WEBSITE	bannerbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	1931

Banner Corp Frequently Asked Questions

What is the ticker symbol for Banner Corp? What does BANR stand for in stocks?

BANR is the stock ticker symbol of Banner Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Banner Corp (BANR)?

As of Wed Apr 24 2024, market cap of Banner Corp is 1.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BANR stock?

You can check BANR's fair value in chart for subscribers.

What is the fair value of BANR stock?

You can check BANR's fair value in chart for subscribers. The fair value of Banner Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Banner Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BANR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Banner Corp a good stock to buy?

The fair value guage provides a quick view whether BANR is over valued or under valued. Whether Banner Corp is cheap or expensive depends on the assumptions which impact Banner Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BANR.

What is Banner Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, BANR's PE ratio (Price to Earnings) is 8.63 and Price to Sales (PS) ratio is 2.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BANR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Banner Corp's stock?

In the past 10 years, Banner Corp has provided 0.042 (multiply by 100 for percentage) rate of return.