Banner (BANR) Stock Price, News & Analysis

Company Overview

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 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 comprising debit cards and ATMs, internet banking, remote deposit, and mobile banking services. The company was founded in 1890 and is based in Walla Walla, Washington.

Key Stats

• Today's Range: $68.53 to $70.99
• 50-Day Range: $64.87 to $75.52
• 52-Week Range: $42.00 to $78.05
• Volume: 149,808 shs
• Average Volume: 228,723 shs
• Market Capitalization: $2.44 billion
• P/E Ratio: 14.51
• Dividend Yield: 2.71%
• Price Target: $74.20
• Consensus Rating: Moderate Buy

Banner Stock Analysis - MarketRank™

Banner scored higher than 39% of companies evaluated by MarketBeat, and ranked 728th out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Banner has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Banner has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.45%

Earnings Growth

Earnings for Banner are expected to grow by 4.45% in the coming year, from $5.17 to $5.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Banner is 14.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Banner is 14.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.75.

Price to Book Value per Share Ratio

Banner has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.06% of the float of Banner has been sold short.

Short Interest Ratio / Days to Cover

Banner has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Banner has recently increased by 1.98%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Banner pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Banner does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Banner is 39.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Banner will have a dividend payout ratio of 35.56% next year. This indicates that Banner will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.06% of the float of Banner has been sold short.

Short Interest Ratio / Days to Cover

Banner has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Banner has recently increased by 1.98%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.53

News Sentiment

Banner has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Banner this week, compared to 6 articles on an average week.

MarketBeat Follows

Only 1 people have added Banner to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Banner insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $113,445.00 in company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Banner is held by insiders.

Percentage Held by Institutions

87.33% of the stock of Banner is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BANR Stock Analysis - Frequently Asked Questions

How have BANR shares performed this year?

Banner's stock was trading at $66.77 on January 1st, 2025. Since then, BANR stock has increased by 6.0% and is now trading at $70.79.
View the best growth stocks for 2025 here.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) announced its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.11. Banner had a trailing twelve-month return on equity of 10.03% and a net margin of 20.28%.

Who are Banner's major shareholders?

Banner's top institutional investors include Bank of New York Mellon Corp (1.03%), abrdn plc (0.93%), Allspring Global Investments Holdings LLC (0.50%) and Principal Financial Group Inc. (0.48%). Insiders that own company stock include James PG Mclean, Kevin F Riordan, John Clarence Pedersen and Kenneth William Johnson.
View institutional ownership trends.

How do I buy shares of Banner?

Shares of BANR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Banner own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Banner investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 11/15 Dividend: 11/05/2024
• Dividend Payable: 11/15/2024
• Last Earnings: 1/22/2025
• Today: 2/04/2025
• Ex-Dividend for 2/14 Dividend: 2/04/2025
• Dividend Payable: 2/14/2025
• Next Earnings (Estimated): 4/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:BANR
• CUSIP: 06652V20
• CIK: 946673
• Web: www.bannerbank.com
• Phone: (509) 527-3636
• Fax: 509-526-8898
• Employees: 1,966
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $74.20
• High Stock Price Target: $82.00
• Low Stock Price Target: $65.00
• Potential Upside/Downside: +4.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.88
• Trailing P/E Ratio: 14.51
• Forward P/E Ratio: 13.69
• P/E Growth: N/A
• Net Income: $168.90 million
• Net Margins: 20.28%
• Pretax Margin: 25.15%
• Return on Equity: 10.03%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 0.86
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $832.99 million
• Price / Sales: 2.93
• Cash Flow: $5.12 per share
• Price / Cash Flow: 13.82
• Book Value: $51.49 per share
• Price / Book: 1.37

Miscellaneous

• Outstanding Shares: 34,460,000
• Free Float: 33,908,000
• Market Cap: $2.44 billion
• Optionable: Optionable
• Beta: 1.09