NASDAQ:BANR - Banner Stock Price, Price Target & More

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$60.65 -0.07 (-0.12 %)
(As of 06/19/2018 09:55 AM ET)
Previous Close$60.74
Today's Range$60.65 - $60.74
52-Week Range$52.20 - $62.98
Volume131 shs
Average Volume191,552 shs
Market Capitalization$1.95 billion
P/E Ratio20.31
Dividend Yield2.32%
Beta0.97
Banner logoBanner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, 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; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2017, the company operated 178 branch offices, including 175 Banner Bank branches and 3 Islanders Bank branches located in Washington, Oregon, California, and Idaho. It also operates 13 Banner Bank loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:BANR
CUSIP06652V20
Phone509-527-3636

Debt

Debt-to-Equity Ratio0.32
Current Ratio0.92
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio20.31
Forward P/E Ratio17.18
P/E Growth1.71

Sales & Book Value

Annual Sales$505.82 million
Price / Sales3.88
Cash Flow$3.6802 per share
Price / Cash16.48
Book Value$38.89 per share
Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$2.99
Net Income$60.77 million
Net Margins12.85%
Return on Equity8.00%
Return on Assets1.01%

Miscellaneous

Employees2,128
Outstanding Shares32,330,000

Banner (NASDAQ:BANR) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, March 29th. Investors of record on Tuesday, April 10th will be given a dividend of $0.35 per share on Thursday, April 19th. This represents a $1.40 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Monday, April 9th. This is a positive change from Banner's previous quarterly dividend of $0.25. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner announced that its Board of Directors has initiated a stock buyback plan on Thursday, March 29th 2018, which allows the company to repurchase 1,620,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) posted its earnings results on Monday, April, 23rd. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.73 by $0.08. The financial services provider earned $118.74 million during the quarter, compared to analysts' expectations of $118.23 million. Banner had a net margin of 12.85% and a return on equity of 8.00%. View Banner's Earnings History.

When is Banner's next earnings date?

Banner is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Banner.

What price target have analysts set for BANR?

5 Wall Street analysts have issued 1-year target prices for Banner's stock. Their forecasts range from $58.00 to $60.00. On average, they anticipate Banner's share price to reach $58.6667 in the next year. View Analyst Ratings for Banner.

Who are some of Banner's key competitors?

Who are Banner's key executives?

Banner's management team includes the folowing people:
  • Mr. Mark J. Grescovich, Pres, CEO & Director (Age 54)
  • Mr. Lloyd W. Baker, Exec. VP & CFO (Age 70)
  • Ms. Cynthia D. Purcell, Exec. VP of Retail Banking & Admin. - Banner Bank (Age 61)
  • Mr. Keith A. Western, Exec. VP of California & Southern Oregon Commercial Banking - Banner Bank (Age 62)
  • Mr. Richard B. Barton, Exec. VP & Chief Credit Officer of Banner Bank (Age 75)

Has Banner been receiving favorable news coverage?

Press coverage about BANR stock has trended positive on Tuesday, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Banner earned a daily sentiment score of 0.48 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 45.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Banner's major shareholders?

Banner's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.83%), Dimensional Fund Advisors LP (7.29%), BANK OF NEW YORK MELLON CORP (3.73%), Nuveen Asset Management LLC (2.58%), Victory Capital Management Inc. (1.79%) and JPMorgan Chase & Co. (1.70%). 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.

Which institutional investors are selling Banner stock?

BANR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., RMB Capital Management LLC, PNC Financial Services Group Inc., Citadel Advisors LLC, Victory Capital Management Inc., Millennium Management LLC, BNP Paribas Arbitrage SA and Hennessy Advisors Inc.. Company insiders that have sold Banner company stock in the last year include Cynthia D Purcell, Gary Sirmon, Kenneth A Larsen, Richard B Barton and Steven W Rust. View Insider Buying and Selling for Banner.

Which institutional investors are buying Banner stock?

BANR stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Dimensional Fund Advisors LP, Russell Investments Group Ltd., The Manufacturers Life Insurance Company , Jacobs Asset Management LLC, FSI Group LLC, Nuveen Asset Management LLC and Hsbc Holdings PLC. View Insider Buying and Selling for Banner.

How do I buy shares of Banner?

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

What is Banner's stock price today?

One share of BANR stock can currently be purchased for approximately $60.72.

How big of a company is Banner?

Banner has a market capitalization of $1.95 billion and generates $505.82 million in revenue each year. The financial services provider earns $60.77 million in net income (profit) each year or $2.99 on an earnings per share basis. Banner employs 2,128 workers across the globe.

How can I contact Banner?

Banner's mailing address is 10 S FIRST AVENUE, WALLA WALLA WA, 99362. The financial services provider can be reached via phone at 509-527-3636 or via email at [email protected]


MarketBeat Community Rating for Banner (BANR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  423
MarketBeat's community ratings are surveys of what our community members think about Banner and other stocks. Vote "Outperform" if you believe BANR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BANR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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