NASDAQ:BANR - Banner Stock Price, News & Analysis

$57.36
-0.81 (-1.39 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$57.21
Now: $57.36
$58.15
50-Day Range
$52.27
MA: $55.11
$59.88
52-Week Range
$48.50
Now: $57.36
$65.80
Volume203,250 shs
Average Volume181,012 shs
Market Capitalization$1.98 billion
P/E Ratio14.02
Dividend Yield2.82%
Beta0.84
Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank that 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$544.70 million
Cash Flow$4.80 per share
Book Value$45.74 per share

Profitability

Net Income$136.51 million

Miscellaneous

Employees2,187
Market Cap$1.98 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, June 26th. Investors of record on Tuesday, July 9th will be paid a dividend of $0.41 per share on Thursday, July 18th. This represents a $1.64 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend is Monday, July 8th. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner declared that its board has initiated a share buyback program 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) released its quarterly earnings data on Wednesday, July, 24th. The financial services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $1.05 by $0.09. The financial services provider earned $137.37 million during the quarter, compared to analyst estimates of $137.47 million. Banner had a net margin of 25.14% and a return on equity of 10.43%. View Banner's Earnings History.

When is Banner's next earnings date?

Banner is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Banner.

What price target have analysts set for BANR?

5 analysts have issued 1-year price objectives for Banner's shares. Their forecasts range from $56.00 to $62.00. On average, they anticipate Banner's stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Banner.

What is the consensus analysts' recommendation for Banner?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banner in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Banner.

What are Wall Street analysts saying about Banner stock?

Here are some recent quotes from research analysts about Banner stock:
  • 1. According to Zacks Investment Research, "Banner Corporation is a bank holding company operating two commercial banks in five Western states through a network of branches offering a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. " (9/9/2019)
  • 2. Stephens analysts commented, "We are EW. KEY POINTS: M&A Announcement. BANR announced the acquisition of AltaPacific Bancorp ($436 mil. assets) for 1.68x TBV. AltaPacific hosts an impressive 41% NIB deposit base (<0% deposit beta cycle-to-date), is expected to generate ~1.8% in 2020/2021 EPS accretion with a <3 year earn-back, inclusive of a 45% cost save assumption. Positives. Fees were strong at $22.8 mil. (vs. our $19.5 mil. and Street's $19.6 mil.). Core NIM of 4.31% beat our 4.30%, as deposit cost pressure was muted (+2 bps vs. our +4 bps) and core loan yields expanded 2 bps (vs. our flat). LLP beat drove $0.02 vs. Street. Negatives. HFI loan growth of 2.5% LQA was below our 8.8%, as HFS balances increased +272% q/q. NII of $116.7 mil. was a modest miss vs. our $117.0 mil. and Street's $117.2 mil., with core NII of $114.8 mil. (vs. our $115.3 mil.)."" (7/25/2019)

Has Banner been receiving favorable news coverage?

Headlines about BANR stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Banner earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Banner.

Who are some of Banner's key competitors?

What other stocks do shareholders of Banner own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banner investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Graham (GHM), ALJ Regional (ALJJ) and Allergan (AGN).

Who are Banner's key executives?

Banner's management team includes the folowing people:
  • Mr. Mark J. Grescovich, Pres, CEO & Director (Age 55)
  • Mr. Peter J. Conner, Exec. VP, CFO & Treasurer (Age 53)
  • Ms. Cynthia D. Purcell, Exec. VP of Retail Banking & Admin. of Banner Bank (Age 62)
  • Mr. Richard B. Barton, Exec. VP & Chief Credit Officer of Banner Bank (Age 76)
  • Mr. Keith A. Western, Exec. VP of Commercial Banking of South (Age 63)

Who are Banner's major shareholders?

Banner's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.15%), BlackRock Inc. (15.15%), Vanguard Group Inc. (9.87%), Nuveen Asset Management LLC (2.81%), Bank of New York Mellon Corp (2.56%) and Citadel Advisors LLC (1.72%). Company insiders that own Banner stock include Brent A Orrico, Cheryl R Bishop, Cynthia D Purcell, Gary Sirmon, John R Layman, Kenneth A Larsen, Kevin F Riordan, Peter Conner and Steven W Rust. View Institutional Ownership Trends for Banner.

Which major investors are selling Banner stock?

BANR stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Phocas Financial Corp., Phocas Financial Corp., Man Group plc, Bessemer Group Inc., Renaissance Technologies LLC, Russell Investments Group Ltd. and Rice Hall James & Associates LLC. Company insiders that have sold Banner company stock in the last year include Brent A Orrico, Cheryl R Bishop, Cynthia D Purcell, John R Layman, Peter Conner and Steven W Rust. View Insider Buying and Selling for Banner.

Which major investors are buying Banner stock?

BANR stock was purchased by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, BlackRock Inc., BlackRock Inc., UBS Group AG, Nuveen Asset Management LLC, Morgan Stanley, Wells Fargo & Company MN and Northern Trust Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Banner's stock price today?

One share of BANR stock can currently be purchased for approximately $57.36.

How big of a company is Banner?

Banner has a market capitalization of $1.98 billion and generates $544.70 million in revenue each year. The financial services provider earns $136.51 million in net income (profit) each year or $4.09 on an earnings per share basis. Banner employs 2,187 workers across the globe.View Additional Information About Banner.

What is Banner's official website?

The official website for Banner is http://www.bannerbank.com/.

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 (NASDAQ BANR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  584
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 9/16/2019 by MarketBeat.com Staff

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