Financial Services - Banks - Regional - NASDAQ - US
$ 73.52
0.15 %
$ 2.53 B
Market Cap
15.38
P/E
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; residential mortgage loans; commercial business loans; agricultural loans; and 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.[ Read More ]
The intrinsic value of one BANR stock under the base case scenario is HIDDEN Compared to the current market price of 73.5 USD, Banner Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BANR
FINANCIALS
620 M
REVENUE
227 M
OPERATING INCOME
184 M
NET INCOME
234 M
OPERATING CASH FLOW
488 K
INVESTING CASH FLOW
-438 M
FINANCING CASH FLOW
153 M
REVENUE
55.8 M
OPERATING INCOME
-77.4 M
NET INCOME
-74.2 M
OPERATING CASH FLOW
-88.8 M
INVESTING CASH FLOW
263 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Banner Corporation
| Current Assets | 254 M |
| Cash & Short-Term Investments | 254 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 15.4 B |
| Long-Term Investments | 95.4 M |
| PP&E | 176 M |
| Other Non-Current Assets | 15.1 B |
| Current Liabilities | 10.5 B |
| Accounts Payable | 0 |
| Short-Term Debt | 520 M |
| Other Current Liabilities | 9.97 B |
| Non-Current Liabilities | 14 B |
| Long-Term Debt | 208 M |
| Other Non-Current Liabilities | 13.8 B |
EFFICIENCY
Earnings Waterfall
Banner Corporation
| Revenue | 620 M |
| Cost Of Revenue | 0 |
| Gross Profit | 620 M |
| Operating Expenses | 336 M |
| Operating Income | 227 M |
| Other Expenses | 43.5 M |
| Net Income | 184 M |
RATIOS
100.00%
GROSS MARGIN
36.60%
OPERATING MARGIN
29.60%
NET MARGIN
11.11%
ROE
1.17%
ROA
7.87%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Banner Corporation
| Net Income | 184 M |
| Depreciation & Amortization | 21.6 M |
| Capital Expenditures | -14.7 M |
| Stock-Based Compensation | 9.17 M |
| Change in Working Capital | 4.1 M |
| Others | 17.6 M |
| Free Cash Flow | 243 M |
Wall Street Analysts Price Targets
Banner Corporation
Wall Street analysts predict an average 1-year price target for BANR of $61.7 , with forecasts ranging from a low of $51 to a high of $69 .
BANR Lowest Price Target
Wall Street Target
51 USD
-30.63%
BANR Average Price Target
Wall Street Target
61.7 USD
-16.12%
BANR Highest Price Target
Wall Street Target
69 USD
-6.15%
4. DIVIDEND ANALYSIS
0.81%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Banner Corporation
Sold
0-3 MONTHS
113 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
86.7 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 06, 2024
|
Sell 113 K USD
|
McLean James P.G.
Executive VP, Banner Bank |
- 1500
|
75.63 USD |
|
11 months ago
Dec 06, 2023
|
Sell 86.7 K USD
|
McLean James P.G.
Executive VP, Banner Bank |
- 1733
|
50.035 USD |
|
1 year ago
Jun 15, 2023
|
Bought 14.5 K USD
|
HERENCIA ROBERTO R
Director |
+ 313
|
46.2402 USD |
|
1 year ago
Jun 13, 2023
|
Bought 30.5 K USD
|
HERENCIA ROBERTO R
Director |
+ 667
|
45.77 USD |
|
1 year ago
May 08, 2023
|
Bought 44.8 K USD
|
Pedersen John Clarence
Director |
+ 1000
|
44.788 USD |
|
1 year ago
Apr 26, 2023
|
Bought 13.1 K USD
|
Riordan Kevin F
Director |
+ 268
|
48.92 USD |
|
2 years ago
Aug 25, 2022
|
Sell 78.1 K USD
|
McLean James P.G.
Executive VP, Banner Bank |
- 1250
|
62.5 USD |
|
2 years ago
May 02, 2022
|
Bought 32.8 K USD
|
HERENCIA ROBERTO R
director: |
+ 600
|
54.7428 USD |
|
2 years ago
May 02, 2022
|
Bought 65.7 K USD
|
HERENCIA ROBERTO R
Director |
+ 1200
|
54.7193 USD |
|
2 years ago
Mar 14, 2022
|
Sell 178 K USD
|
JOHNSON KENNETH WILLIAM
Executive VP, Banner Bank |
- 2900
|
61.5 USD |
|
2 years ago
Jan 31, 2022
|
Sell 106 K USD
|
MATSON DAVID I
Director |
- 1738.345
|
61.06 USD |
|
3 years ago
Nov 15, 2021
|
Sell 61.9 K USD
|
McLean James P.G.
Executive VP, Banner Bank |
- 1000
|
61.875 USD |
|
3 years ago
Jun 10, 2021
|
Sell 52.3 K USD
|
Conner Peter
Executive VP, Banner Bank |
- 900
|
58.1242 USD |
|
3 years ago
Mar 08, 2021
|
Sell 67.3 K USD
|
Rust Steven W
Executive VP, Banner Bank |
- 1169
|
57.595 USD |
|
3 years ago
Feb 25, 2021
|
Sell 13.8 K USD
|
Rust Steven W
Executive VP, Banner Bank |
- 257
|
53.7709 USD |
|
3 years ago
Dec 16, 2020
|
Sell 18.6 K USD
|
McLean James P.G.
Executive VP, Banner Bank |
- 400
|
46.44 USD |
|
4 years ago
Jul 31, 2020
|
Bought 5.95 K USD
|
Riordan Kevin F
Director |
+ 172
|
34.58 USD |
|
4 years ago
Mar 13, 2020
|
Bought 334 USD
|
Riordan Kevin F
Director |
+ 10
|
33.35 USD |
|
4 years ago
Mar 13, 2020
|
Bought 249 USD
|
Riordan Kevin F
Director |
+ 7
|
35.595 USD |
|
4 years ago
Mar 13, 2020
|
Bought 6.37 K USD
|
Riordan Kevin F
Director |
+ 179
|
35.585 USD |
7. News
Banner Corporation: A Solid Quarter But No Longer A Buy (Rating Downgrade)
Banner Corporation's stock has surged 49% since June 2023, outperforming the S&P 500 by 16%, but is now slightly overvalued. Q3 2024 results showed mixed outcomes: GAAP EPS exceeded expectations, while revenues fell short, suggesting a hold rating is more appropriate. Banner's low-cost deposits and high-yield adjustable loans position it well, but rapid Fed rate cuts could pose risks to commercial loans.
seekingalpha.com
- 3 weeks ago
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 Investor Relations Rob Butterfield - Chief Financial Officer Jill Rice - Chief Credit Officer Conference Call Participants Andrew Terrell - Stephens, Inc Jeff Rulis - D.A. Davidson David Feaster - Raymond James Andrew Liesch - Piper Sandler Kelly Motta - KBW Timothy Coffey - Janney Montgomery Scott Operator Good morning or good afternoon, all, welcome to the Banner Corporation Third Quarter 2024 Conference Call and Webcast.
seekingalpha.com
- 1 month ago
Compared to Estimates, Banner (BANR) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Banner (BANR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 1 month ago
Banner (BANR) Surpasses Q3 Earnings and Revenue Estimates
Banner (BANR) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.43 per share a year ago.
zacks.com
- 1 month ago
Stay Ahead of the Game With Banner (BANR) Q3 Earnings: Wall Street's Insights on Key Metrics
Evaluate the expected performance of Banner (BANR) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
- 1 month ago
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 page.
benzinga.com
- 3 months ago
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 Relations Rob Butterfield - Chief Financial Officer Jill Rice - Chief Credit Officer Conference Call Participants David Feaster - Raymond James Andrew Liesch - Piper Sandler Andrew Terrell - Stephens, Inc. Kelly Motta - KBW Operator Hello, all, and welcome to Banner Corporation's Second Quarter 2024 Conference Call and Webcast. My name is Lydia, and I'll be your operator today.
seekingalpha.com
- 3 months ago
Here's What Key Metrics Tell Us About Banner (BANR) Q2 Earnings
Although the revenue and EPS for Banner (BANR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 4 months ago
Banner (BANR) Tops Q2 Earnings and Revenue Estimates
Banner (BANR) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.32 per share a year ago.
zacks.com
- 4 months ago
What Analyst Projections for Key Metrics Reveal About Banner (BANR) Q2 Earnings
Evaluate the expected performance of Banner (BANR) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
- 4 months ago
National Vision Welcomes Mark Banner as New Chief Stores Officer
DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) is pleased to announce the appointment of Mark Banner as the company's new Chief Stores Officer, effective July 8, 2024. Banner is a mission-driven specialty retailer who joins the company after a distinguished seven-year tenure at Sleep Number. Most recently, he served as senior vice president of retail and real estate. His extensive experience encompasses leading teams in sales, sales operations, digital, promotion and.
businesswire.com
- 4 months ago
Here's Why Banner (BANR) Stock is Worth Betting on Right Now
Banner (BANR) is likely to benefit from its strategic initiatives, decent loan demand, high rates and strong liquidity. These make the stock an attractive pick for investors.
zacks.com
- 4 months ago
8. Profile Summary
Banner Corporation BANR
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.53 B
Dividend Yield
0.81%
Description
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; residential mortgage loans; commercial business loans; agricultural loans; and 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. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans, as well as small business administration loans. Further, the company provides electronic and digital banking services. As of December 31, 2021, it operated 150 branch offices and 18 loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.
Contact
10 South First Avenue, Walla Walla, WA, 99362
https://www.bannerbank.com
IPO Date
Nov. 1, 1995
Employees
1961
Officers
Mr. Scott Newman
Executive Vice President & Chief Audit Executive
Mr. Mark J. Grescovich
President, Chief Executive Officer & Director
Ms. Sherrey Luetjen
Executive Vice President, General Counsel, Ethics Officer & Secretary
Ms. Cynthia D. Purcell
Executive Vice President and Chief Strategy & Administration Officer of Banner Bank
Mr. Rich Arnold
Head of Investor Relations
Mr. James P. G. McLean
Executive Vice President & Commercial Real Estate Executive of Banner Bank
Mr. James M. Costa
Executive Vice President & Chief Risk Officer of Banner Bank
Mr. Robert G. Butterfield
Executive Vice President, Chief Financial Officer & Treasurer