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NASDAQ:BANR

Banner (BANR) Stock Price, News & Analysis

$45.94
-0.29 (-0.63%)
(As of 05/22/2024 ET)
Today's Range
$45.65
$46.20
50-Day Range
$42.97
$48.00
52-Week Range
$39.31
$55.66
Volume
201,027 shs
Average Volume
186,529 shs
Market Capitalization
$1.58 billion
P/E Ratio
9.55
Dividend Yield
4.18%
Price Target
$51.20

Banner MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
11.4% Upside
$51.20 Price Target
Short Interest
Healthy
2.14% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Banner in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.08%
From $4.72 to $4.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Finance Sector

420th out of 821 stocks

State Commercial Banks Industry

104th out of 165 stocks

BANR stock logo

About Banner Stock (NASDAQ:BANR)

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. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; one- to four-family residential real estate lending; commercial business loans; agricultural loans; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and small business administration loans. In addition, it provides electronic and digital banking services comprising debit cards and ATMs, internet banking, remote deposit, and mobile banking services. The company was founded in 1890 and is based in Walla Walla, Washington.

BANR Stock Price History

BANR Stock News Headlines

StockNews.com Upgrades Banner (NASDAQ:BANR) to "Hold"
See More Headlines
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Company Calendar

Last Earnings
4/17/2024
Ex-Dividend for 5/10 Dividend
4/29/2024
Dividend Payable
5/10/2024
Today
5/22/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:BANR
CUSIP
06652V20
Employees
1,966
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$51.20
High Stock Price Target
$54.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$183.62 million
Pretax Margin
26.76%

Debt

Sales & Book Value

Annual Sales
$745.98 million
Cash Flow
$6.52 per share
Book Value
$48.32 per share

Miscellaneous

Free Float
33,899,000
Market Cap
$1.58 billion
Optionable
Optionable
Beta
1.04

Social Links

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Key Executives

  • Mr. Mark J. Grescovich (Age 60)
    President, CEO & Director
    Comp: $1.86M
  • Mr. Robert G. Butterfield (Age 55)
    Executive VP, CFO & Treasurer
    Comp: $1.77M
  • Ms. Cynthia D. Purcell (Age 67)
    Executive VP and Chief Strategy & Administration Officer of Banner Bank
    Comp: $744k
  • Mr. James P. G. McLeanMr. James P. G. McLean (Age 59)
    Executive VP & Commercial Real Estate Executive of Banner Bank
    Comp: $561.72k
  • Mr. James M. Costa (Age 55)
    Executive VP & Chief Risk Officer of Banner Bank
    Comp: $629.27k
  • Mr. Rich Arnold
    Head of Investor Relations
  • Ms. Sherrey Luetjen (Age 52)
    Executive VP, General Counsel, Ethics Officer & Secretary

BANR Stock Analysis - Frequently Asked Questions

Should I buy or sell Banner stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banner in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BANR shares.
View BANR analyst ratings
or view top-rated stocks.

What is Banner's stock price target for 2024?

5 Wall Street research analysts have issued 12 month target prices for Banner's shares. Their BANR share price targets range from $47.00 to $54.00. On average, they expect the company's stock price to reach $51.20 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for BANR
or view top-rated stocks among Wall Street analysts.

How have BANR shares performed in 2024?

Banner's stock was trading at $53.56 at the beginning of 2024. Since then, BANR stock has decreased by 14.2% and is now trading at $45.94.
View the best growth stocks for 2024 here
.

When is Banner's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our BANR earnings forecast
.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) posted its quarterly earnings data on Wednesday, April, 17th. The financial services provider reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. The financial services provider earned $144.55 million during the quarter, compared to analysts' expectations of $150.67 million. Banner had a trailing twelve-month return on equity of 11.47% and a net margin of 21.62%.

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

Banner declared a quarterly dividend on Wednesday, April 17th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.48 per share on Friday, May 10th. This represents a $1.92 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Monday, April 29th.
Read our dividend analysis for BANR
.

Is Banner a good dividend stock?

Banner (NASDAQ:BANR) pays an annual dividend of $1.92 per share and currently has a dividend yield of 4.17%. BANR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BANR will have a dividend payout ratio of 38.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BANR.

What ETFs hold Banner's stock?

ETFs with the largest weight of Banner (NASDAQ:BANR) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME) and Nuveen Small Cap Select ETF (NSCS).First Trust NASDAQ ABA Community Bank Index Fund (QABA).

What other stocks do shareholders of Banner own?
Who are Banner's major shareholders?

Banner's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.15%), Westwood Holdings Group Inc. (2.08%), Stieven Capital Advisors L.P. (0.57%), Principal Financial Group Inc. (0.52%), Nordea Investment Management AB (0.47%) and Mutual of America Capital Management LLC (0.45%). Insiders that own company stock include David I Matson, James PG Mclean, John Clarence Pedersen, Kenneth William Johnson, Kevin F Riordan, Peter Conner and Roberto R Herencia.
View institutional ownership trends
.

How do I buy shares of Banner?

Shares of BANR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BANR) was last updated on 5/23/2024 by MarketBeat.com Staff

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