Banner (BANR) to Release Quarterly Earnings on Wednesday

Banner (NASDAQ:BANR - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 16th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $167.96 million for the quarter.

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

Banner Stock Up 1.0%

Shares of BANR stock traded up $0.67 on Wednesday, hitting $68.93. The stock had a trading volume of 191,799 shares, compared to its average volume of 217,765. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 13.54 and a beta of 0.89. The stock's 50 day moving average is $63.36 and its 200-day moving average is $64.78. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.85 and a current ratio of 0.86. Banner has a 52-week low of $47.82 and a 52-week high of $78.05.

Banner Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Tuesday, April 29th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, April 29th. This represents a $1.92 annualized dividend and a dividend yield of 2.79%. Banner's dividend payout ratio (DPR) is presently 37.72%.

Hedge Funds Weigh In On Banner

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd bought a new stake in shares of Banner in the 1st quarter worth approximately $248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Banner by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,422 shares of the financial services provider's stock worth $1,302,000 after buying an additional 891 shares during the period. Royal Bank of Canada lifted its stake in 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 buying an additional 7,828 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Banner by 48.9% during 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. Finally, AQR Capital Management LLC grew its position in shares of Banner by 19.6% during the first quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider's stock worth $1,895,000 after acquiring an additional 4,877 shares during the last quarter. 87.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BANR has been the topic of a number of research analyst reports. Janney Montgomery Scott upgraded shares of Banner from a "neutral" rating to a "buy" rating and set a $71.00 price objective on the stock in a research note on Monday, April 21st. Stephens reiterated an "overweight" rating and issued a $73.00 price target on shares of Banner in a research note on Monday, April 21st. Keefe, Bruyette & Woods lowered their price objective on Banner from $75.00 to $73.00 and set a "market perform" rating for the company 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 reiterated an "outperform" rating and issued a $65.00 price target (down from $77.00) on shares of Banner in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price 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.