Banner (BANR) to Release Earnings on Wednesday

Banner (NASDAQ:BANR - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Wednesday, July 16th. Analysts expect Banner to post earnings of $1.35 per share and revenue of $167.96 million for the quarter.

Banner (NASDAQ:BANR - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.29 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.06. The firm had revenue of $159.88 million during the quarter, compared to the consensus estimate of $159.72 million. Banner had a return on equity of 9.95% and a net margin of 20.77%. During the same period in the prior year, the business earned $1.22 EPS. On average, analysts expect Banner to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Banner Price Performance

BANR stock traded up $0.29 during trading on Thursday, hitting $69.22. The company had a trading volume of 71,074 shares, compared to its average volume of 217,478. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 13.60 and a beta of 0.89. The business has a 50 day moving average of $63.52 and a 200 day moving average of $64.81. Banner has a fifty-two week low of $48.88 and a fifty-two week high of $78.05. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.24.

Banner Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Tuesday, April 29th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend was Tuesday, April 29th. Banner's payout ratio is currently 37.72%.

Hedge Funds Weigh In On Banner

A number of large investors have recently made changes to their positions in BANR. Jane Street Group LLC grew its stake in shares of Banner by 582.8% in the 1st quarter. Jane Street Group LLC now owns 40,982 shares of the financial services provider's stock valued at $2,613,000 after buying an additional 34,980 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Banner by 48.9% in the first quarter. Intech Investment Management LLC now owns 24,505 shares of the financial services provider's stock valued at $1,563,000 after acquiring an additional 8,050 shares during the period. Royal Bank of Canada raised its stake in shares of Banner by 54.7% in the first quarter. Royal Bank of Canada now owns 22,128 shares of the financial services provider's stock valued at $1,412,000 after purchasing an additional 7,828 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Banner by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,471 shares of the financial services provider's stock valued at $7,427,000 after purchasing an additional 6,059 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Banner by 19.6% in the first quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider's stock valued at $1,895,000 after purchasing an additional 4,877 shares in the last quarter. Institutional investors and hedge funds own 87.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BANR. Stephens reissued an "overweight" rating and issued a $73.00 price target on shares of Banner in a report on Monday, April 21st. Keefe, Bruyette & Woods cut their price objective on Banner from $75.00 to $73.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. Janney Montgomery Scott upgraded Banner from a "neutral" rating to a "buy" rating and set a $71.00 price objective on the stock in a report on Monday, April 21st. Wall Street Zen downgraded Banner from a "hold" rating to a "sell" rating in a report on Thursday, May 29th. Finally, Raymond James Financial restated an "outperform" rating and set a $65.00 price objective (down previously from $77.00) on shares of Banner in a report on Monday, April 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $70.83.

Banner Company Profile

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.