Banner Corporation Company Profile (NASDAQ:BANR)

About Banner Corporation (NASDAQ:BANR)

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 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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:BANR
  • CUSIP: 06652V20
  • Web:
  • Market Cap: $2.04 billion
  • Outstanding Shares: 33,280,000
Average Prices:
  • 50 Day Moving Avg: $58.66
  • 200 Day Moving Avg: $56.33
  • 52 Week Range: $43.85 - $62.24
  • Trailing P/E Ratio: 21.35
  • Foreward P/E Ratio: 18.57
  • P/E Growth: 2.18
Sales & Book Value:
  • Annual Revenue: $460.86 million
  • Price / Sales: 4.43
  • Book Value: $39.36 per share
  • Price / Book: 1.56
  • Annual Dividend: $1.00
  • Dividend Yield: 1.6%
  • Net Margins: 19.63%
  • Return on Equity: 7.50%
  • Return on Assets: 0.99%
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.91%
  • Average Volume: 159,127 shs.
  • Beta: 1.04
  • Short Ratio: 4.51

Frequently Asked Questions for Banner Corporation (NASDAQ:BANR)

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 Wednesday, September 27th. Investors of record on Tuesday, October 10th will be given a dividend of $0.25 per share on Wednesday, October 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, October 6th. View Banner Corporation's Dividend History.

How will Banner Corporation's stock buyback program work?

Banner Corporation declared that its board has authorized a stock buyback plan on Friday, April 7th 2017, which allows the company to repurchase 1,660,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Banner Corporation's earnings last quarter?

Banner Corporation (NASDAQ:BANR) posted its earnings results on Wednesday, July, 26th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.06. The business earned $122.18 million during the quarter, compared to the consensus estimate of $119.46 million. Banner Corporation had a return on equity of 7.50% and a net margin of 19.63%. View Banner Corporation's Earnings History.

When will Banner Corporation make its next earnings announcement?

Banner Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Banner Corporation.

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

4 equities research analysts have issued 12 month price objectives for Banner Corporation's shares. Their forecasts range from $46.00 to $62.00. On average, they anticipate Banner Corporation's stock price to reach $56.00 in the next twelve months. View Analyst Ratings for Banner Corporation.

Who are some of Banner Corporation's key competitors?

Who are Banner Corporation's key executives?

Banner Corporation's management team includes the folowing people:

  • Gary Sirmon, Independent Chairman of the Board
  • Mark J. Grescovich, President, Chief Executive Officer, Director
  • Lloyd W. Baker, Executive Vice President, Chief Financial Officer
  • Richard B. Barton, Chief Credit Officer, Executive Vice President, Chief Lending Officer of the Bank
  • Douglas M. Bennett, Executive Vice President - Real Estate Lending Operations
  • Peter J. Conner, Executive Vice President, Chief Financial Officer
  • Kayleen R. Kohler, Executive Vice President - Human Resources
  • Kenneth A. Larsen, Executive Vice President - Mortgage Banking
  • Craig Miller, Executive Vice President, General Counsel
  • M. Kirk Quillin, Executive Vice President - East Region, Commercial Banking

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.

What is Banner Corporation's stock price today?

One share of Banner Corporation stock can currently be purchased for approximately $61.29.

MarketBeat Community Rating for Banner Corporation (NASDAQ BANR)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  120 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  288
MarketBeat's community ratings are surveys of what our community members think about Banner Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Banner Corporation (NASDAQ:BANR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $56.00 (8.63% downside)
Consensus Price Target History for Banner Corporation (NASDAQ:BANR)
Price Target History for Banner Corporation (NASDAQ:BANR)
Analysts' Ratings History for Banner Corporation (NASDAQ:BANR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/13/2017StephensInitiated CoverageEqual -> Equal Weight$60.00LowView Rating Details
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 10/18/2015 forward)


Earnings History for Banner Corporation (NASDAQ:BANR)
Earnings by Quarter for Banner Corporation (NASDAQ:BANR)
Earnings History by Quarter for Banner Corporation (NASDAQ BANR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.75N/AView Earnings Details
7/26/2017Q2 2017$0.72$0.78$119.46 million$122.18 millionViewN/AView Earnings Details
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)


Earnings Estimates for Banner Corporation (NASDAQ:BANR)
2017 EPS Consensus Estimate: $2.99
2018 EPS Consensus Estimate: $3.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.65$0.77$0.71
Q2 20173$0.69$0.79$0.74
Q3 20173$0.75$0.80$0.77
Q4 20173$0.69$0.82$0.77
Q1 20182$0.80$0.85$0.83
Q2 20182$0.83$0.85$0.84
Q3 20182$0.78$0.87$0.83
Q4 20181$0.87$0.87$0.87
(Data provided by Zacks Investment Research)


Current Dividend Information for Banner Corporation (NASDAQ:BANR)
Next Dividend:10/18/2017
Annual Dividend:$1.00
Dividend Yield:1.63%
Payout Ratio:34.72% (Trailing 12 Months of Earnings)
31.95% (Based on This Year's Estimates)
30.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Banner Corporation (NASDAQ:BANR)

Dividend History by Quarter for Banner Corporation (NASDAQ BANR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Banner Corporation (NASDAQ:BANR)
Insider Ownership Percentage: 1.71%
Institutional Ownership Percentage: 88.46%
Insider Trades by Quarter for Banner Corporation (NASDAQ:BANR)
Institutional Ownership by Quarter for Banner Corporation (NASDAQ:BANR)
Insider Trades by Quarter for Banner Corporation (NASDAQ:BANR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/18/2017Gary SirmonDirectorSell3,335$57.49$191,729.15View SEC Filing  
9/14/2017Richard B. BartonVPSell250$56.65$14,162.50View SEC Filing  
8/31/2017Cynthia D. PurcellVPSell1,007$55.61$55,999.27View SEC Filing  
8/17/2017Gary SirmonDirectorSell3,333$55.46$184,848.18View SEC Filing  
7/18/2017Gary SirmonDirectorSell3,333$55.46$184,848.18View SEC Filing  
6/19/2017Gary SirmonDirectorSell3,333$56.77$189,214.41View SEC Filing  
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)


Headline Trends for Banner Corporation (NASDAQ:BANR)
Latest Headlines for Banner Corporation (NASDAQ:BANR)
DateHeadline logoBANR Crosses Above Average Analyst Target - October 17 at 5:09 PM logoETFs with exposure to Banner Corp. : October 17, 2017 - October 17 at 5:09 PM logoBanner Corporation (BANR) Set to Announce Quarterly Earnings on Tuesday - October 17 at 3:44 AM logoBanner Bank Completes Sale Of Utah Branches To People's Intermountain Bank - October 9 at 5:14 PM logoBanner Bank Completes Sale of Utah Branches to People’s Intermountain Bank - October 9 at 5:14 PM logoBanner Corporation (BANR) Receives Consensus Rating of "Hold" from Analysts - October 8 at 6:50 AM logo Brokerages Anticipate Banner Corporation (BANR) Will Post Quarterly Sales of $123.58 Million - October 7 at 3:24 PM logoEx-Dividend Reminder: Banner, UDR and Lincoln National - October 4 at 1:35 PM logoETFs with exposure to Banner Corp. : October 4, 2017 - October 4 at 1:35 PM logoBanner Corp. :BANR-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017 - October 3 at 4:07 PM logoBanner Corporation Plans Quarterly Dividend of $0.25 (BANR) - September 28 at 9:31 AM logoBanner Corporation Announces Quarterly Cash Dividend of $0.25 Per Share, Schedules 3Q17 Conference Call and ... - GlobeNewswire (press release) - September 28 at 8:23 AM logoBanner Corporation Announces Quarterly Cash Dividend of $0.25 Per Share, Schedules 3Q17 Conference Call and Webcast - September 28 at 12:43 AM logoBanner Corporation (BANR) Director Sells $191,729.15 in Stock - September 18 at 7:44 PM logo$0.77 Earnings Per Share Expected for Banner Corporation (BANR) This Quarter - September 16 at 8:40 AM logoBanner Corporation (BANR) VP Sells $14,162.50 in Stock - September 15 at 4:48 PM logoBanner Corp. breached its 50 day moving average in a Bullish Manner : BANR-US : September 13, 2017 - September 13 at 5:30 PM logoBanner Corporation (BANR) Receives Average Recommendation of "Hold" from Analysts - September 13 at 9:34 AM logoBanner Corporation (BANR) Now Covered by Stephens - September 13 at 8:04 AM logoThompson & Knight Celebrates 130 Years of Service - September 5 at 6:00 PM logoInsider Selling: Banner Corporation (BANR) VP Sells 1,007 Shares of Stock - September 1 at 4:40 PM logoBanner Corporation to Attend Raymond James U.S. Bank Conference - August 30 at 5:36 PM logoBanner Corporation (BANR) Expected to Announce Quarterly Sales of $123.58 Million - August 30 at 2:56 AM logoBanner Corp. breached its 50 day moving average in a Bullish Manner : BANR-US : August 28, 2017 - August 28 at 4:23 PM logoBanner Corp. – Value Analysis (NASDAQ:BANR) : August 21, 2017 - August 23 at 4:26 PM logoBanner Corp. : BANR-US: Dividend Analysis : July 10th, 2017 (record date) : By the numbers : August 22, 2017 - August 22 at 5:02 PM logoInsider Selling: Banner Corporation (BANR) Director Sells $184,848.18 in Stock - August 17 at 4:40 PM logoIHS Markit Score downgrades Banner Corp to 27 out of 100, ranking positively in two out of three available IHS Markit categories. - August 12 at 2:52 AM logoIHS Markit Score upgrades Banner Corp to 36 out of 100, ranking positively in two out of four IHS Markit categories. - August 11 at 2:46 AM logoBanner Corp. breached its 50 day moving average in a Bearish Manner : BANR-US : August 10, 2017 - August 10 at 4:41 PM logoContrasting Cape Bancorp (CBNJ) and Banner Corporation (NASDAQ:BANR) - August 10 at 12:32 AM logoSee what the IHS Markit Score report has to say about Banner Corp. - August 9 at 9:35 PM logoBanner Corporation (NASDAQ:BANR) Receives Consensus Recommendation of "Hold" from Analysts - August 1 at 8:05 AM logoDA Davidson Research Analysts Lift Earnings Estimates for Banner Corporation (BANR) - July 31 at 8:00 AM logoFIG Partners Comments on Banner Corporation's Q3 2017 Earnings (NASDAQ:BANR) - July 31 at 8:00 AM logoBanner's (BANR) CEO Mark Grescovich on Q2 2017 Results - Earnings Call Transcript - July 29 at 3:59 PM logoBanner Corporation to Attend KBW Community Bank Investor Conference - July 28 at 5:38 PM logoEdited Transcript of BANR earnings conference call or presentation 27-Jul-17 3:00pm GMT - July 28 at 2:50 AM logoPeople’s Utah Bancorp Expands Franchise by Acquiring Seven Utah Branches From Banner Bank - July 27 at 4:47 PM logoBanner Bank Agrees to Sell Utah Branches to People’s Intermountain Bank - July 27 at 4:47 PM logoInvestor Network: Banner Corporation to Host Earnings Call - July 27 at 4:47 PM logoBanner Corporation (BANR) Announces Earnings Results, Beats Estimates By $0.06 EPS - July 27 at 1:27 PM logoBanner beats Street 2Q forecasts - July 26 at 10:02 PM logoBanner Corporation Second Quarter Net Income Increases to $25.5 Million, or $0.77 per Diluted Share; Fueled by Strong Net Interest Income, Increased Deposit Fees and Mortgage Banking Revenues - July 26 at 5:00 PM logoBanner Corporation (BANR) Set to Announce Earnings on Wednesday - July 19 at 8:15 AM logoInsider Selling: Banner Corporation (BANR) Director Sells 3,333 Shares of Stock - July 18 at 4:18 PM logoETFs with exposure to Banner Corp. : July 13, 2017 - July 13 at 5:10 PM logoThe Bulls’ Banner Waves in the SPDR S&P Biotech (ETF) (XBI) - July 13 at 12:48 PM logoBanner Corporation (BANR) Given Average Rating of "Hold" by Brokerages - July 7 at 8:54 AM logoUPDATE - Banner Corporation Announces Quarterly Cash Dividend of $0.25 Per ... - June 29 at 5:29 PM



Banner Corporation (BANR) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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