Banner (BANR) Expected to Announce Earnings on Wednesday

Banner (NASDAQ:BANR - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $159.72 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Banner (NASDAQ:BANR - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.22 by $0.11. Banner had a return on equity of 10.03% and a net margin of 20.28%. On average, analysts expect Banner to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Banner Stock Performance

Shares of BANR stock traded down $0.28 during trading hours on Friday, reaching $56.51. The company had a trading volume of 207,704 shares, compared to its average volume of 210,737. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.86. The business has a fifty day moving average price of $64.78 and a 200-day moving average price of $67.12. Banner has a one year low of $42.00 and a one year high of $78.05. The firm has a market cap of $1.95 billion, a PE ratio of 11.58 and a beta of 0.94.

Banner Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Tuesday, February 4th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date was Tuesday, February 4th. Banner's dividend payout ratio (DPR) is presently 39.34%.

Analyst Ratings Changes

Several analysts recently commented on BANR shares. Stephens reaffirmed an "overweight" rating and issued a $82.00 price objective on shares of Banner in a report on Thursday, January 23rd. DA Davidson boosted their price target on Banner from $73.00 to $76.00 and gave the company a "neutral" rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Banner presently has an average rating of "Hold" and an average price target of $74.20.

About Banner

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.