Banner (BANR) Projected to Post Quarterly Earnings on Wednesday

Banner (NASDAQ:BANR - Get Free Report) is expected to be issuing 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 quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.29 earnings per share (EPS) 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 analyst estimates 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 previous year, the company 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 Stock Down 0.0%

Shares of Banner stock traded down $0.02 during trading on Friday, hitting $68.68. 240,740 shares of the stock traded hands, compared to its average volume of 218,428. The stock has a market cap of $2.37 billion, a P/E ratio of 13.49 and a beta of 0.89. 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 twelve month low of $51.14 and a twelve month high of $78.05. The company has a fifty day moving average price of $63.75 and a two-hundred day moving average price of $64.83.

Banner Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Tuesday, April 29th were issued a $0.48 dividend. The ex-dividend date was Tuesday, April 29th. This represents a $1.92 annualized dividend and a yield of 2.80%. Banner's dividend payout ratio (DPR) is currently 37.72%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BANR. Dynamic Technology Lab Private Ltd acquired a new position in Banner in the 1st quarter valued at $248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Banner by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,422 shares of the financial services provider's stock valued at $1,302,000 after acquiring an additional 891 shares during the period. Royal Bank of Canada lifted its position in shares of Banner by 54.7% during the 1st quarter. Royal Bank of Canada now owns 22,128 shares of the financial services provider's stock worth $1,412,000 after buying an additional 7,828 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Banner by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 24,505 shares of the financial services provider's stock worth $1,563,000 after buying an additional 8,050 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Banner by 19.6% during the 1st quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider's stock worth $1,895,000 after buying an additional 4,877 shares during the last quarter. 87.33% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BANR shares. Wall Street Zen lowered Banner from a "hold" rating to a "sell" rating in a report on Thursday, May 29th. Keefe, Bruyette & Woods cut their price target on Banner from $75.00 to $73.00 and set a "market perform" rating for the company 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 research report on Monday, April 21st. Raymond James Financial restated an "outperform" rating and set a $65.00 price objective (down from $77.00) on shares of Banner in a research report on Monday, April 21st. Finally, Stephens reiterated an "overweight" rating and issued a $73.00 price target on shares of Banner in a research 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 company. Based on data from MarketBeat, Banner currently has a consensus rating of "Hold" and a consensus target price of $70.83.

About Banner

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.