Banner Company Profile (NASDAQ:BANR)

About Banner (NASDAQ:BANR)

Banner 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 Washington-chartered commercial bank. Banner Bank is a regional bank, which offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its primary market areas. Banner Bank is also an active participant in the secondary market, engaging in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. Islanders Bank is also a Washington-chartered commercial bank. Islanders Bank is a community bank, which offers similar 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:BANR
  • CUSIP: 06652V20
  • Web: www.banrbank.com
Capitalization:
  • Market Cap: $1.81 billion
  • Outstanding Shares: 33,285,000
Average Prices:
  • 50 Day Moving Avg: $55.01
  • 200 Day Moving Avg: $55.12
  • 52 Week Range: $38.77 - $60.97
P/E:
  • Trailing P/E Ratio: 19.99
  • Foreward P/E Ratio: 16.47
  • P/E Growth: 2.04
Sales & Book Value:
  • Annual Revenue: $454.87 million
  • Price / Sales: 3.98
  • Book Value: $39.92 per share
  • Price / Book: 1.36
Dividend:
  • Annual Dividend: $0.92
  • Dividend Yield: 1.8%
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%
Misc:
  • Average Volume: 124,072 shs.
  • Beta: 1.21
  • Short Ratio: 6.42
 

Frequently Asked Questions for Banner (NASDAQ:BANR)

What is Banner's stock symbol?

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

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

Banner declared a quarterly dividend on Thursday, March 30th. Investors of record on Monday, April 10th will be paid a dividend of $0.25 per share on Wednesday, April 19th. This represents a $1.00 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Thursday, April 6th. This is an increase from Banner's previous quarterly dividend of $0.23. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner declared that its Board of Directors has approved a stock buyback plan on Friday, April 7th 2017, which allows the company to repurchase 1,660,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) announced its quarterly earnings results on Tuesday, July, 26th. The company reported $0.67 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.05. The firm earned $113.69 million during the quarter, compared to analysts' expectations of $111.13 million. Banner had a net margin of 17.98% and a return on equity of 7.05%. View Banner's Earnings History.

When will Banner make its next earnings announcement?

Banner is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Banner.

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

5 analysts have issued twelve-month price objectives for Banner's shares. Their forecasts range from $46.00 to $62.00. On average, they expect Banner's share price to reach $52.00 in the next year. View Analyst Ratings for Banner.

Who are some of Banner's key competitors?

Who owns Banner stock?

Banner's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.17%), Vanguard Group Inc. (8.24%), Bank of New York Mellon Corp (6.87%), FMR LLC (6.57%), Dimensional Fund Advisors LP (5.43%) and Goldman Sachs Group Inc. (4.69%). Company insiders that own Banner stock include Cynthia D Purcell, D Michael Jones, David I Matson, Douglas M Bennett, Gary Sirmon, Jesse G Foster, John R Layman, Keith A Western, Kenneth A Larsen, Peter Conner, Richard B Barton, Robert D Adams, Spencer C Fleischer and Steven W Rust. View Institutional Ownership Trends for Banner.

Who sold Banner stock? Who is selling Banner stock?

Banner's stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, JPMorgan Chase & Co., Cornerstone Capital Management Holdings LLC., Cambiar Investors LLC, Morgan Stanley, IronBridge Capital Management LP, United Services Automobile Association and Prudential Financial Inc.. Company insiders that have sold Banner stock in the last year include Cynthia D Purcell, D Michael Jones, David I Matson, Douglas M Bennett, Gary Sirmon, Jesse G Foster, John R Layman, Keith A Western, Kenneth A Larsen, Peter Conner, Richard B Barton, Robert D Adams, Spencer C Fleischer and Steven W Rust. View Insider Buying and Selling for Banner.

Who bought Banner stock? Who is buying Banner stock?

Banner's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Vanguard Group Inc., Boston Partners, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Cortina Asset Management LLC and Eagle Boston Investment Management Inc.. View Insider Buying and Selling for Banner.

How do I buy Banner stock?

Shares of Banner 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 stock cost?

One share of Banner stock can currently be purchased for approximately $54.36.

Analyst Ratings

Consensus Ratings for Banner (NASDAQ:BANR) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $52.00 (4.34% downside)

Analysts' Ratings History for Banner (NASDAQ:BANR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/17/2017Piper Jaffray CompaniesLower Price TargetOverweight$64.00 -> $62.00MediumView Rating Details
11/4/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
10/28/2016FBR & CoReiterated RatingHold$46.00N/AView Rating Details
8/23/2016DA DavidsonReiterated RatingBuy$52.00N/AView Rating Details
7/28/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$49.00 -> $48.00N/AView Rating Details
10/26/2015Raymond James Financial, Inc.Boost Price Target$51.00 -> $54.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Banner (NASDAQ:BANR)
Earnings by Quarter for Banner (NASDAQ:BANR)
Earnings History by Quarter for Banner (NASDAQ:BANR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
1/25/2017Q4 2016$0.73$0.71$116.59 million$116.63 millionViewN/AView Earnings Details
10/26/2016Q3$0.73$0.74$115.30 million$117.22 millionViewN/AView Earnings Details
7/26/2016Q2$0.72$0.67$111.13 million$113.69 millionViewN/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$113.92 million$112.01 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$62.18 million$67.60 millionViewListenView Earnings Details
4/20/2015Q115$0.66$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$0.76$55.82 million$60.41 millionViewN/AView Earnings Details
7/23/2014Q214$0.64$0.65$43.57 million$54.40 millionViewN/AView Earnings Details
4/21/2014Q1 2014$0.53$0.54$50.08 million$51.20 millionViewN/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 (NASDAQ:BANR)
2017 EPS Consensus Estimate: $2.98
2018 EPS Consensus Estimate: $3.38
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.65$0.77$0.71
Q2 20173$0.69$0.79$0.74
Q3 20173$0.70$0.80$0.76
Q4 20173$0.69$0.82$0.77
Q1 20182$0.80$0.84$0.82
Q2 20182$0.83$0.85$0.84
Q3 20182$0.78$0.87$0.83
Q4 20181$0.89$0.89$0.89
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Banner (NASDAQ:BANR)
Most Recent Dividend:4/19/2017
Annual Dividend:$0.92
Dividend Yield:1.69%
Payout Ratio:36.51% (Trailing 12 Months of Earnings)
30.98% (Based on This Year's Estimates)
27.88% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Banner (NASDAQ:BANR)

Dividend History by Quarter for Banner (NASDAQ:BANR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/30/2017quarterly$0.251.78%4/6/20174/10/20174/19/2017
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 and Institutional Ownership History for Banner (NASDAQ:BANR)
Insider Ownership Percentage: 1.98%
Institutional Ownership Percentage: 82.51%
Insider Trades by Quarter for Banner (NASDAQ:BANR)
Institutional Ownership by Quarter for Banner (NASDAQ:BANR)
Insider Trades by Quarter for Banner (NASDAQ:BANR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Robert D. AdamsDirectorSell339$54.24$18,387.36View SEC Filing  
4/27/2017Douglas M. BennettVPSell889$57.00$50,673.00View SEC Filing  
4/27/2017John R. LaymanDirectorSell1,800$57.11$102,798.00View SEC Filing  
4/20/2017Gary SirmonDirectorSell3,333$55.00$183,315.00View SEC Filing  
3/16/2017D Michael JonesDirectorSell1,418$58.04$82,300.72View SEC Filing  
3/15/2017D Michael JonesDirectorSell1,399$57.58$80,554.42View SEC Filing  
2/27/2017Jesse G. FosterDirectorSell3,000$59.08$177,240.00View SEC Filing  
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

Headline Trends for Banner (NASDAQ:BANR)
Latest Headlines for Banner (NASDAQ:BANR)
Source:
DateHeadline
americanbankingnews.com logoBanner Co. (BANR) Director Sells $18,387.36 in Stock
www.americanbankingnews.com - May 25 at 4:44 PM
finance.yahoo.com logoSBA Names Banner Bank Regional Lender of the Year in Washington; Star Performer in Oregon
finance.yahoo.com - May 17 at 8:48 PM
americanbankingnews.com logoBanner Co. (BANR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 16 at 9:46 AM
finance.yahoo.com logoBanner Corporation to Attend Piper Jaffray Financial Institutions Conference
finance.yahoo.com - May 15 at 4:18 PM
finance.yahoo.com logoBanner Bank Promotes McLean to Executive Vice President of Commercial Real Estate Lending Division
finance.yahoo.com - May 10 at 9:05 PM
finance.yahoo.com logoBanner Corp. breached its 50 day moving average in a Bearish Manner : BANR-US : May 10, 2017
finance.yahoo.com - May 10 at 8:53 AM
finance.yahoo.com logoBanner Corporation to Attend the D.A. Davidson Financial Institutions Conference
finance.yahoo.com - May 8 at 10:40 AM
americanbankingnews.com logoBanner Co. (BANR) Expected to Post Quarterly Sales of $119.46 Million
www.americanbankingnews.com - May 7 at 7:48 AM
americanbankingnews.com logoZacks: Analysts Expect Banner Co. (BANR) Will Announce Earnings of $0.73 Per Share
www.americanbankingnews.com - May 5 at 10:21 PM
News IconInside the 'ethical luxury brand' supplying high-end hotels with soap made by the blind and disabled
www.businessinsider.com - May 3 at 12:33 PM
finance.yahoo.com logoJ.D. Power Ranks Banner Bank Highest in the Northwest for Client Satisfaction
finance.yahoo.com - May 3 at 12:33 PM
americanbankingnews.com logoBanner (BANR) Earning Somewhat Critical Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 9:52 AM
marketwatch.com logoThe Margin: Watch 18,000 Canadian hockey fans sing ‘The Star-Spangled Banner’
www.marketwatch.com - April 30 at 9:25 PM
americanbankingnews.com logoBanner (BANR) Getting Somewhat Negative News Coverage, Study Shows
www.americanbankingnews.com - April 30 at 1:33 PM
americanbankingnews.com logoFY2017 EPS Estimates for Banner Co. (BANR) Increased by Analyst
www.americanbankingnews.com - April 28 at 5:22 PM
americanbankingnews.com logoBanner Co. (BANR) VP Douglas M. Bennett Sells 889 Shares
www.americanbankingnews.com - April 28 at 3:24 PM
americanbankingnews.com logoInsider Selling: Banner Co. (BANR) Director Sells 1,800 Shares of Stock
www.americanbankingnews.com - April 28 at 3:22 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Banner Co. (BANR) Reduced by FIG Partners
www.americanbankingnews.com - April 28 at 1:58 PM
americanbankingnews.com logoZacks Investment Research Downgrades Banner Co. (BANR) to Hold
www.americanbankingnews.com - April 27 at 10:10 PM
americanbankingnews.com logoBanner (BANR) Earns News Sentiment Rating of 0.03
www.americanbankingnews.com - April 27 at 4:45 PM
finance.yahoo.com logoEdited Transcript of BANR earnings conference call or presentation 25-Apr-17 3:00pm GMT
finance.yahoo.com - April 27 at 4:13 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Banner Co. (BANR) Lowered by Analyst
www.americanbankingnews.com - April 27 at 3:00 PM
americanbankingnews.com logoFIG Partners Comments on Banner Co.'s Q2 2017 Earnings (BANR)
www.americanbankingnews.com - April 27 at 9:52 AM
seekingalpha.com logoBanner Corporation - The Dividend Raises Keep Coming
seekingalpha.com - April 26 at 9:10 PM
finance.yahoo.com logoBanner Corp. breached its 50 day moving average in a Bullish Manner : BANR-US : April 26, 2017
finance.yahoo.com - April 26 at 11:26 AM
finance.yahoo.com logoBanner Corporation Announces Results of Annual Meeting, Shareholders Approve All Proposals and Confirm All Nominated Directors to Board
finance.yahoo.com - April 26 at 11:26 AM
finance.yahoo.com logoBanner Corporation First Quarter Net Income Increases to $23.8 Million, or $0.72 per Diluted Share; Total Assets Surpass $10 Billion
finance.yahoo.com - April 25 at 12:41 PM
finance.yahoo.com logoBanner tops 1Q profit forecasts
finance.yahoo.com - April 25 at 12:41 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Affect Banner (BANR) Share Price
www.americanbankingnews.com - April 24 at 6:04 PM
bloomberg.com logoMiami Lures Another Brazil Bank as Amnesty Unlocks Hidden Wealth
www.bloomberg.com - April 24 at 10:17 AM
americanbankingnews.com logoBanner Co. (BANR) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 21 at 10:00 PM
americanbankingnews.com logoGary Sirmon Sells 3,333 Shares of Banner Co. (BANR) Stock
www.americanbankingnews.com - April 21 at 9:02 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Banner (BANR) Stock Price
www.americanbankingnews.com - April 21 at 11:43 AM
americanbankingnews.com logoBanner Co. (BANR) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 21 at 9:53 AM
americanbankingnews.com logoBanner (BANR) Earning Somewhat Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 17 at 4:08 PM
americanbankingnews.com logoBanner Co. (BANR) Short Interest Update
www.americanbankingnews.com - April 17 at 12:34 PM
americanbankingnews.com logoBanner Co. (BANR) Rating Reiterated by Piper Jaffray Companies
www.americanbankingnews.com - April 17 at 11:48 AM
americanbankingnews.com logoBanner Co. (BANR) Expected to Announce Quarterly Sales of $118.39 Million
www.americanbankingnews.com - April 16 at 7:44 AM
americanbankingnews.com logo Analysts Expect Banner Co. (BANR) Will Post Earnings of $0.71 Per Share
www.americanbankingnews.com - April 14 at 10:16 PM
finance.yahoo.com logoBanner Corp. : BANR-US: Dividend Analysis : April 10th, 2017 (record date) : By the numbers : April 14, 2017
finance.yahoo.com - April 14 at 4:29 PM
americanbankingnews.com logoBanner (BANR) Earning Somewhat Critical Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 13 at 10:50 AM
americanbankingnews.com logoShare Repurchase Plan Declared by Banner (BANR)
www.americanbankingnews.com - April 7 at 4:39 PM
americanbankingnews.com logoBanner Co. (BANR) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - April 5 at 9:13 PM
biz.yahoo.com logoBANNER CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 3 at 4:12 PM
streetinsider.com logoBanner Corp. (BANR) Renews 5% Buyback Authorization
www.streetinsider.com - April 1 at 3:51 PM
us.rd.yahoo.com logo9:04 am Banner renews its authorization to repurchase up to 5% of its common stock, or 1,658,245 shares
us.rd.yahoo.com - March 31 at 8:57 PM
globenewswire.com logoBanner Corporation Renews Stock Repurchase Program
globenewswire.com - March 31 at 3:55 PM
americanbankingnews.com logoBanner Co. (BANR) Declares Quarterly Dividend of $0.25
www.americanbankingnews.com - March 30 at 6:07 PM
finance.yahoo.com logoBanner Corporation Increases Quarterly Cash Dividend by 9% to $0.25 Per Share, Schedules 1Q17 Conference Call and Webcast
finance.yahoo.com - March 29 at 12:43 PM
finance.yahoo.com logo9:01 am Banner increases quarterly dividend to $0.25/share from $0.23/share
finance.yahoo.com - March 29 at 12:43 PM

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Chart

Banner (BANR) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff