Banner Corporation Company Profile (NASDAQ:BANR)

About Banner Corporation

Banner Corporation logoBanner Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its subsidiaries, Banner Bank and Islanders Bank. Banner Bank is a regional bank that offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its market areas. Islanders Bank is a community bank that offers banking services to individuals, businesses and public entities located primarily in the San Juan Islands. The Banks' primary business is that of traditional banking institutions, accepting deposits and originating loans in locations, including Washington, Oregon, California, Utah and Idaho. Banner Bank is engaged in mortgage banking operations, through the origination and sale of one to four-family residential loans. The Company's lending activities are conducted through Banner Bank and Community Financial Corporation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: BANR
  • CUSIP: 06652V20
Key Metrics:
  • Previous Close: $58.39
  • 50 Day Moving Average: $56.82
  • 200 Day Moving Average: $49.11
  • 52-Week Range: $37.14 - $59.26
  • Trailing P/E Ratio: 23.31
  • Foreward P/E Ratio: 17.64
  • P/E Growth: 2.17
  • Market Cap: $1.95B
  • Outstanding Shares: 33,193,000
  • Beta: 1.21
Profitability:
  • Net Margins: 17.98%
  • Return on Equity: 7.05%
  • Return on Assets: 0.95%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to Banner Corporation:

Analyst Ratings

Consensus Ratings for Banner Corporation (NASDAQ:BANR) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $48.67 (17.63% downside)

Analysts' Ratings History for Banner Corporation (NASDAQ:BANR)
Show:
DateFirmActionRatingPrice TargetDetails
11/4/2016FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
10/28/2016FBR & CoReiterated RatingHold$46.00View Rating Details
8/23/2016DA DavidsonReiterated RatingBuy$52.00View Rating Details
7/28/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$49.00 -> $48.00View Rating Details
2/1/2016Piper Jaffray CompaniesReiterated RatingBuy$56.00 -> $50.00View Rating Details
10/26/2015Raymond James Financial, Inc.Boost Price Target$51.00 -> $54.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Banner Corporation (NASDAQ:BANR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
10/26/2016Q3$0.73$0.74ViewN/AView Earnings Details
7/26/2016Q2$0.72$0.67ViewN/AView Earnings Details
4/25/2016Q116$0.62$0.65$92.08 million$111.00 millionViewN/AView Earnings Details
1/27/2016Q415$0.70$0.57$95.02 millionViewN/AView Earnings Details
10/21/2015Q3$0.72$0.62$57.70 million$67.40 millionViewListenView Earnings Details
7/20/2015Q215$0.65$0.64$49.35 millionViewListenView Earnings Details
4/20/2015Q115$0.64$0.68$47.60 million$59.70 millionViewN/AView Earnings Details
1/21/2015Q414$0.63$0.63$46.80 million$58.90 millionViewN/AView Earnings Details
10/22/2014Q3$0.61$0.76ViewN/AView Earnings Details
7/23/2014Q214$0.62$0.88$43.57 million$54.40 millionViewN/AView Earnings Details
4/21/2014$0.53$0.54ViewN/AView Earnings Details
1/22/2014Q4$0.66$0.69ViewN/AView Earnings Details
10/23/2013Q313$0.60$0.60$42.67 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.58$0.60ViewN/AView Earnings Details
1/23/2013Q4 2012$0.63$0.69$42.15 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Banner Corporation (NASDAQ:BANR)
Current Year EPS Consensus Estimate: $3.00 EPS
Next Year EPS Consensus Estimate: $3.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.58$0.78$0.69
Q2 20166$0.69$0.83$0.75
Q3 20163$0.70$0.80$0.75
Q4 20163$0.70$0.76$0.74
Q1 20173$0.65$0.77$0.71
Q2 20173$0.69$0.79$0.76
Q3 20173$0.70$0.82$0.77
Q4 20173$0.71$0.85$0.78
Q1 20182$0.80$0.84$0.82
Q2 20182$0.83$0.89$0.86
Q3 20182$0.78$0.90$0.84
Q4 20181$0.92$0.92$0.92
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Banner Corporation (NASDAQ:BANR)
Annual Dividend:$0.92
Dividend Yield:1.56%
Payout Ratio:36.51% (Based on Trailing 12 Months of Earnings)
30.67% (Based on Current Year Consensus EPS Estimate)
27.46% (Based on Next Year Consensus EPS Estimate)

Dividend History for Banner Corporation (NASDAQ:BANR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/19/2016quarterly$0.231.7%1/5/20171/9/20171/18/2017
9/28/2016Quarterly$0.232.11%10/5/201610/10/201610/19/2016
6/30/2016quarterly$0.211.97%7/7/20167/11/20167/20/2016
3/31/2016quarterly$0.212%4/7/20164/11/20164/20/2016
12/17/2015quarterly$0.181.54%12/31/20151/5/20161/14/2016
9/24/2015quarterly$0.181.56%10/1/201510/5/201510/15/2015
6/25/2015quarterly$0.181.47%7/6/20157/8/20157/15/2015
3/26/2015quarterly$0.181.58%4/1/20154/6/20154/15/2015
12/18/2014quarterly$0.181.68%12/30/20141/2/20151/13/2015
9/24/2014quarterly$0.181.87%10/2/201410/6/201410/15/2014
6/25/2014quarterly$0.181.82%7/2/20147/7/20147/15/2014
3/26/2014quarterly$0.181.77%4/3/20144/7/20144/15/2014
12/18/2013quarterly$0.151.4%12/31/20131/3/20141/13/2014
9/26/2013quarterly$0.151.59%10/3/201310/7/201310/16/2013
6/26/2013quarterly$0.121.42%7/2/20137/5/20137/15/2013
3/27/2013quarterly$0.121.51%4/3/20134/5/20134/15/2013
12/19/2012quarterly$0.010.13%1/2/20131/4/20131/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Banner Corporation (NASDAQ:BANR)
Insider Ownership Percentage: 1.98%
Institutional Ownership Percentage: 82.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017Cynthia D. PurcellVPSell165$58.16$9,596.40View SEC Filing  
2/1/2017Richard B. BartonVPSell2,429$56.32$136,801.28View SEC Filing  
1/30/2017D Michael JonesDirectorSell10,000$55.92$559,200.00View SEC Filing  
1/30/2017Keith A WesternVPSell8,000$56.17$449,360.00View SEC Filing  
12/15/2016Peter ConnerVPSell15,000$53.11$796,650.00View SEC Filing  
12/14/2016Steven W. RustVPSell400$52.67$21,068.00View SEC Filing  
12/12/2016Cynthia D. PurcellVPSell285$52.73$15,028.05View SEC Filing  
12/8/2016Steven W. RustVPSell403$53.35$21,500.05View SEC Filing  
12/6/2016David I MatsonDirectorSell2,322$53.00$123,066.00View SEC Filing  
12/6/2016Douglas M. BennettVPSell2,233$52.94$118,215.02View SEC Filing  
11/28/2016Keith A WesternVPSell8,000$51.94$415,520.00View SEC Filing  
11/18/2016Spencer C FleischerDirectorSell720,000$48.32$34,790,400.00View SEC Filing  
11/11/2016Kenneth A. LarsenInsiderSell848$47.07$39,915.36View SEC Filing  
11/4/2016Spencer C FleischerDirectorSell905,000$43.24$39,132,200.00View SEC Filing  
9/15/2016Cynthia D. PurcellInsiderSell400$43.25$17,300.00View SEC Filing  
9/1/2016Steven W. RustVPSell401$43.60$17,483.60View SEC Filing  
5/5/2016Douglas M BennettVPSell1,386$41.78$57,907.08View SEC Filing  
3/8/2016Steven W RustVPSell304$42.02$12,774.08View SEC Filing  
12/2/2015Robert D AdamsDirectorSell1,137$52.08$59,214.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Banner Corporation (NASDAQ:BANR)
DateHeadline
realistinvestor.com logoThe Growth Forecast For Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.realistinvestor.com - February 12 at 3:48 PM
finance.yahoo.com logoBanner Corporation to Attend KBW Winter Financial Services Symposium (NASDAQ:BANR)
finance.yahoo.com - February 6 at 3:51 PM
capitalcube.com logoBanner Corp. breached its 50 day moving average in a Bearish Manner : BANR-US : February 3, 2017 (NASDAQ:BANR)
www.capitalcube.com - February 3 at 3:57 PM
News IconExecutive VP, Banner Bank of Banner Corporation (NASDAQ:BANR), Barton Richard B, sells 2,429 shares worth $136,801 (NASDAQ:BANR)
empowerednews.net - February 2 at 1:59 AM
seekingalpha.com logoBanner Corporation (BANR) Presents at FIG Partners 8th Annual West Coast CEO Forum 2017-Slideshow (NASDAQ:BANR)
seekingalpha.com - February 2 at 1:59 AM
finance.yahoo.com logoBanner Corporation to Present at FIG Partners West Coast Bank CEO Forum (NASDAQ:BANR)
finance.yahoo.com - January 31 at 4:03 PM
finance.yahoo.com logoBanner Corporation to Present at FIG Partners West Coast Bank CEO Forum (NASDAQ:BANR)
finance.yahoo.com - January 31 at 4:03 PM
capitalcube.com logoBanner Corp. :BANR-US: Earnings Analysis: 2016 By the Numbers : January 27, 2017 (NASDAQ:BANR)
www.capitalcube.com - January 27 at 5:02 PM
finance.yahoo.com logoEdited Transcript of BANR earnings conference call or presentation 26-Jan-17 4:00pm GMT (NASDAQ:BANR)
finance.yahoo.com - January 27 at 2:23 AM
seekingalpha.com logoBanner's (BANR) CEO Mark Grescovich on Q4 2016 Results - Earnings Call Transcript (NASDAQ:BANR)
seekingalpha.com - January 26 at 4:17 PM
marketexclusive.com logoBanner Corporation (NASDAQ:BANR) Files An 8-K Results of Operations and Financial Condition (NASDAQ:BANR)
marketexclusive.com - January 26 at 4:17 PM
biz.yahoo.com logoBANNER CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:BANR)
us.rd.yahoo.com - January 25 at 9:01 PM
sg.finance.yahoo.com logoBanner misses 4Q profit forecasts (NASDAQ:BANR)
sg.finance.yahoo.com - January 25 at 9:01 PM
nasdaq.com logoStrs Ohio Buys Hess Corp, Xilinx Inc, Royal Bank of Canada, Sells Equifax Inc, PPG Industries ... (NASDAQ:BANR)
www.nasdaq.com - January 25 at 4:01 PM
biz.yahoo.com logoQ4 2016 Banner Corp Earnings Release - After Market Close (NASDAQ:BANR)
biz.yahoo.com - January 25 at 4:01 PM
finance.yahoo.com logoBanner Corporation Earns $85.4 Million, or $2.52 per Diluted Share in 2016; Net Income Totaled $22.8 Million, or $0.69 per Diluted Share, in the Fourth Quarter of 2016; Highlighted by Continued Revenue Growth and an Expanded Net Interest Ma (NASDAQ:BANR)
finance.yahoo.com - January 25 at 4:01 PM
realistinvestor.com logoBanner Corporation (NASDAQ:BANR) Analysts Rating At 2 (NASDAQ:BANR)
www.realistinvestor.com - January 22 at 4:29 AM
marketexclusive.com logoBanner Corporation (NASDAQ:BANR) Files An 8-K Regulation FD Disclosure (NASDAQ:BANR)
marketexclusive.com - January 10 at 3:53 PM
biz.yahoo.com logoBANNER CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:BANR)
biz.yahoo.com - January 9 at 4:56 PM
realistinvestor.com logoThe Growth Predict For Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.realistinvestor.com - January 7 at 9:23 PM
News IconAmazon deploys many more orange troops at warehouses - The Seattle Times (NASDAQ:BANR)
www.seattletimes.com - December 30 at 6:43 PM
seekingalpha.com logoA Regional Bank For The Income Investor's Portfolio (NASDAQ:BANR)
seekingalpha.com - December 27 at 9:34 AM
4-traders.com logoBanner Corporation (NASDAQ:BANR) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (NASDAQ:BANR)
www.4-traders.com - December 20 at 9:12 PM
biz.yahoo.com logoBANNER CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements (NASDAQ:BANR)
biz.yahoo.com - December 20 at 9:12 PM
realistinvestor.com logoAnalysts Rating Of Banner Corporation (NASDAQ:BANR) At 2 (NASDAQ:BANR)
www.realistinvestor.com - December 18 at 3:46 PM
publicnow.com logoBanner Corporation Declares Quarterly Cash Dividend of $0.23 Per Share, Schedules 4Q16 Conference Call and Webcast (NASDAQ:BANR)
www.publicnow.com - December 16 at 3:57 PM
News IconInsiders Worth Watching: The Executive VP – Banner Bank of Banner Corporation (NASDAQ:BANR), Steven Rust Unloaded 400 Shares (NASDAQ:BANR)
www.whatsonthorold.com - December 15 at 3:39 PM
News IconExecutive VP, Banner Bank of Banner Corporation (NASDAQ:BANR), Rust Steven W, sells 400 shares worth $21,069 (NASDAQ:BANR)
empowerednews.net - December 14 at 9:37 PM
News IconInsider Worth Mentioning: Is Banner Corporation (NASDAQ:BANR) Stock a Sell after Cynthia Purcell’s Insider Deal? (NASDAQ:BANR)
www.whatsonthorold.com - December 14 at 1:51 AM
realistinvestor.com logoThe Growth Forecast For:Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.realistinvestor.com - December 12 at 3:59 PM
realistinvestor.com logoThe Growth Forecast For:Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.realistinvestor.com - December 12 at 3:59 PM
capitalcube.com logoETFs with exposure to Banner Corp. : December 8, 2016 (NASDAQ:BANR)
www.capitalcube.com - December 8 at 4:35 PM
News IconInsider Filing: What after Douglas Bennett’s Insider Unload of Banner Corporation (NASDAQ:BANR) Stock? (NASDAQ:BANR)
www.whatsonthorold.com - December 8 at 2:27 AM
News IconNotable Insider Reporting: David Matson Unloaded 2,322 Shares of Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.whatsonthorold.com - December 6 at 4:02 PM
biz.yahoo.com logoBANNER CORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:BANR)
biz.yahoo.com - December 6 at 12:28 PM
News IconHere is What Hedge Funds Think About Banner Corporation (BANR) (NASDAQ:BANR)
feedproxy.google.com - December 5 at 9:22 AM
News IconInsider Trade: Spencer Fleischer Sold 720,000 Shares of Banner Corporation (NASDAQ:BANR) (NASDAQ:BANR)
www.whatsonthorold.com - November 23 at 12:37 PM
stocksdaily.net logoBanner Corporation (NASDAQ:BANR) Held $296.051 In Cash And Short-Term ... (NASDAQ:BANR)
www.stocksdaily.net - November 21 at 3:40 PM
capitalcube.com logoBanner Corp. :BANR-US: Earnings Analysis: Q3, 2016 By the Numbers : November 16, 2016 (NASDAQ:BANR)
www.capitalcube.com - November 16 at 1:06 PM
News IconExecutive Vice President of Banner Corporation (NASDAQ:BANR), Larsen Kenneth A, sells 848 shares worth $39,915 (NASDAQ:BANR)
empowerednews.net - November 14 at 9:28 PM
capitalcube.com logoETF’s with exposure to Banner Corp. : November 9, 2016 (NASDAQ:BANR)
www.capitalcube.com - November 9 at 3:52 PM
stocksdaily.net logo$296.051 Is What Banner Corporation (NASDAQ:BANR) Held In Cash And Short-Term Investments (NASDAQ:BANR)
www.stocksdaily.net - November 8 at 1:59 PM
capitalcube.com logoBanner Corp. breached its 50 day moving average in a Bullish Manner : BANR-US : November 8, 2016 (NASDAQ:BANR)
www.capitalcube.com - November 8 at 1:59 PM
News IconRating Watching: Banner (NASDAQ:BANR) Hit With Downgrade by FIG Partners, Is This a Concern? (NASDAQ:BANR)
www.whatsonthorold.com - November 6 at 8:32 AM
seekingalpha.com logoBanner Corporation (BANR) Presents at Piper Jaffray West Coast Bank Symposium - Slideshow (NASDAQ:BANR)
seekingalpha.com - November 4 at 9:05 PM
finance.yahoo.com logoBanner downgraded by FIG Partners (NASDAQ:BANR)
finance.yahoo.com - November 4 at 2:08 PM
finance.yahoo.com logoBanner Corporation to Attend Piper Jaffray West Coast Bank Symposium (NASDAQ:BANR)
finance.yahoo.com - October 31 at 9:45 AM
realistinvestor.com logoBanner Corporation (NASDAQ:BANR) Rating Score At 1.6 (NASDAQ:BANR)
www.realistinvestor.com - October 30 at 3:45 PM
finance.yahoo.com logoEdited Transcript of BANR earnings conference call or presentation 27-Oct-16 3:00pm GMT (NASDAQ:BANR)
finance.yahoo.com - October 28 at 12:53 PM
seekingalpha.com logoBanner's (BANR) CEO Mark Grescovich on Q3 2016 Results - Earnings Call Transcript (NASDAQ:BANR)
seekingalpha.com - October 27 at 9:18 PM

Social

What is Banner Corporation's stock symbol?

Banner Corporation trades on the NASDAQ under the ticker symbol "BANR."

How often does Banner Corporation pay dividends? What is the dividend yield for Banner Corporation?

Banner Corporation declared a quarterly dividend on Monday, December 19th. Stockholders of record on Monday, January 9th will be paid a dividend of $0.23 per share on Wednesday, January 18th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, January 5th.

Where is Banner Corporation's stock going? Where will Banner Corporation's stock price be in 2017?

4 analysts have issued 12 month price targets for Banner Corporation's shares. Their forecasts range from $46.00 to $52.00. On average, they anticipate Banner Corporation's stock price to reach $48.67 in the next year.

When will Banner Corporation announce their earnings?

Banner Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Banner Corporation stock?

Banner Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.94%), FMR LLC (4.86%), State Street Corp (2.93%), Basswood Capital Management L.L.C. (1.20%), William Blair Investment Management LLC (1.16%) and NWQ Investment Management Company LLC (0.98%). Company insiders that own Banner Corporation stock include Cynthia D Purcell, D Michael Jones, David I Matson, Douglas M Bennett, Keith A Western, Kenneth A Larsen, Peter Conner, Richard B Barton, Robert D Adams, Spencer C Fleischer and Steven W Rust.

Who sold Banner Corporation stock? Who is selling Banner Corporation stock?

Banner Corporation's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Basswood Capital Management L.L.C., Endeavour Capital Advisors Inc., Dynamic Technology Lab Private Ltd, Guggenheim Capital LLC, Zebra Capital Management LLC, AlphaOne Investment Services LLC and Baird Financial Group Inc.. Company insiders that have sold Banner Corporation stock in the last year include Cynthia D Purcell, D Michael Jones, David I Matson, Douglas M Bennett, Keith A Western, Kenneth A Larsen, Peter Conner, Richard B Barton, Spencer C Fleischer and Steven W Rust.

Who bought Banner Corporation stock? Who is buying Banner Corporation stock?

Banner Corporation's stock was acquired by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, State Street Corp, Dimensional Fund Advisors LP, Maltese Capital Management LLC, Two Sigma Investments LP, FMR LLC, Russell Investments Group Ltd. and Forest Hill Capital LLC.

How do I buy Banner Corporation stock?

Shares of Banner Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Banner Corporation stock cost?

One share of Banner Corporation stock can currently be purchased for approximately $59.08.

Banner Corporation (NASDAQ:BANR) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Banner Corporation (NASDAQ:BANR)

Earnings History Chart

Earnings by Quarter for Banner Corporation (NASDAQ:BANR)

Dividend History Chart

Dividend Payments by Quarter for Banner Corporation (NASDAQ:BANR)

Last Updated on 2/22/2017 by MarketBeat.com Staff