Banner CorpBANR
BANR
About: Banner Corp is a bank holding company. It wholly owns one subsidiary bank, Banner Bank. The Bank's primary business is that of traditional banking institutions, accepting deposits and originating loans in locations surrounding its offices in Washington, Oregon, California, Idaho and Utah. Banner Bank also actively participates in the secondary loan markets, engaging in mortgage banking operations largely through the origination and sale of one to four family residential loans.
Employees: 1,935
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
3% more funds holding
Funds holding: 210 [Q4 2024] → 216 (+6) [Q1 2025]
1.06% less ownership
Funds ownership: 92.32% [Q4 2024] → 91.26% (-1.06%) [Q1 2025]
6% less capital invested
Capital invested by funds: $2.12B [Q4 2024] → $2.01B (-$119M) [Q1 2025]
13% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 79
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $13K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
6%
upside
Avg. target
$70
14%
upside
High target
$73
19%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Stephens & Co. Andrew Terrell | 19%upside $73 | Overweight Reiterated | 21 Apr 2025 |
Raymond James David Feaster | 6%upside $65 | Outperform Reiterated | 21 Apr 2025 |
Keefe, Bruyette & Woods Kelly Motta | 19%upside $73 | Market Perform Maintained | 21 Apr 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Banner Corporation: The Upside Isn't Over Yet
Banner Corporation's asset quality remains high, supporting a continued soft 'buy' rating despite mixed income statement results and a slightly elevated valuation. Deposit growth has resumed, brokered deposits are minimal, and the loan portfolio is well-diversified with limited office real estate exposure. Balance sheet improvements include rising cash, declining debt, and a shift away from securities, while net interest income and non-interest income are showing recent improvement.
Neutral
Seeking Alpha
1 month ago
Banner Corporation (BANR) Q1 2025 Earnings Conference Call Transcript
Banner Corporation (NASDAQ:BANR ) Q1 2025 Earnings Conference Call April 17, 2025 11:00 AM ET Company Participants Mark Grescovich - President and CEO Rich Arnold - Head of IR Jill Rice - Chief Credit Officer Rob Butterfield - CFO Conference Call Participants Jeff Rulis - D.A. Davidson David Feaster - Raymond James Andrew Liesch - Piper Sandler Andrew Terrell - Stephens, Inc. Kelly Motta - KBW Tim Coffey - Janney Operator Hello, everyone, and welcome to the Banner Corporation's First Quarter 2025 Conference Call and Webcast.
Neutral
Zacks Investment Research
1 month ago
Banner (BANR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Banner (BANR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Banner (BANR) Q1 Earnings and Revenues Surpass Estimates
Banner (BANR) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.22 per share a year ago.
Neutral
Business Wire
1 month ago
Banner Corporation Reports Net Income of $45.1 Million, or $1.30 Per Diluted Share, for First Quarter 2025; 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 $45.1 million, or $1.30 per diluted share, for the first quarter of 2025, compared to $46.4 million, or $1.34 per diluted share, for the preceding quarter and $37.6 million, or $1.09 per diluted share, for the first quarter of 2024. Net interest income was $141.1 million in the first quarter of 2025, compared to $140.5 million in the preceding quarte.
Positive
Zacks Investment Research
2 months ago
Gear Up for Banner (BANR) Q1 Earnings: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Banner (BANR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Neutral
Business Wire
2 months ago
Banner Corporation Announces First Quarter 2025 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 closes on Wednesday, April 16, 2025. Management will host a conference call on Thursday, April 17, 2025, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet. Interested investors may listen to the call live at www.bannerbank.com. Investment pro.
Neutral
Business Wire
2 months ago
J.D. Power Ranks Banner Bank Highest in the Northwest for Retail Customer Satisfaction
WALLA WALLA, Wash.--(BUSINESS WIRE)--The Banner Bank leadership team is pleased to announce the Bank ranked highest in the Northwest region for customer satisfaction in the just-released J.D. Power U.S. Retail Banking Satisfaction Study. This is the fifth time* in the past decade Banner Bank has earned this recognition. “It is an incredible honor to receive this recognition by J.D. Power because it is based on the opinions of our clients,” said Mark Grescovich, President & CEO of Banner Ban.
Positive
Zacks Investment Research
2 months ago
Banner (BANR) Upgraded to Strong Buy: What Does It Mean for the Stock?
Banner (BANR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Zacks Investment Research
2 months ago
Zacks Industry Outlook Banner, Berkshire Hills Bancorp and Heritage Financial
Banner, Berkshire Hills Bancorp and Heritage Financial have been highlighted in this Industry Outlook article.
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