NASDAQ:BANR - Banner Stock Price, News, & Analysis

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$58.28 +0.60 (+1.04 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$57.68
Today's Range$57.33 - $58.56
52-Week Range$48.50 - $67.11
Volume79,106 shs
Average Volume216,963 shs
Market Capitalization$2.05 billion
P/E Ratio14.25
Dividend Yield2.64%
Beta0.8
Banner 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 N/A
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$4.8852 per share
Book Value$45.49 per share

Profitability

Net Income$136.51 million

Miscellaneous

Employees2,128
Market Cap$2.05 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

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 Wednesday, December 19th. Shareholders of record on Wednesday, January 9th will be paid a dividend of $0.38 per share on Friday, January 18th. This represents a $1.52 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Tuesday, January 8th. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner announced that its Board of Directors has initiated a share buyback program on Thursday, March 29th 2018, which permits the company to repurchase 1,620,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were Banner's earnings last quarter?

Banner Co. (NASDAQ:BANR) issued its earnings results on Wednesday, January, 23rd. The financial services provider reported $1.09 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.04 by $0.05. The financial services provider had revenue of $139.16 million for the quarter, compared to the consensus estimate of $134.25 million. Banner had a return on equity of 10.43% and a net margin of 24.90%. View Banner's Earnings History.

When is Banner's next earnings date?

Banner is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 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 $70.00. On average, they expect Banner's share price to reach $62.25 in the next twelve months. This suggests a possible upside of 6.8% 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banner.

Has Banner been receiving favorable news coverage?

Media stories about BANR stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing 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 1.1 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Banner's key competitors?

What other stocks do shareholders of Banner own?

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 (Age 53)
  • Ms. Cynthia D. Purcell, Exec. VP of Retail Banking & Admin. of Banner Bank (Age 62)
  • Ms. Judith A. Steiner, Exec. VP & Chief Risk Officer of Banner Bank (Age 57)
  • Mr. Kenneth W. Johnson, Exec. VP of Operations (Age 57)

Who are Banner's major shareholders?

Banner's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.68%), Dimensional Fund Advisors LP (8.10%), Bank of New York Mellon Corp (2.83%), FMR LLC (2.65%), Channing Capital Management LLC (2.53%) and Nuveen Asset Management LLC (2.40%). Company insiders that own Banner stock include Brent A Orrico, Cheryl R Bishop, Cynthia D Purcell, Douglas M Bennett, Gary Sirmon, John R Layman, Kenneth A Larsen, Peter Conner, Richard B Barton, Robert D Adams 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 Nuveen Asset Management LLC, Channing Capital Management LLC, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Barclays PLC, First Trust Advisors LP, Hsbc Holdings PLC and Millennium Management LLC. Company insiders that have sold Banner company stock in the last year include Brent A Orrico, Cheryl R Bishop, 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, Stifel Financial Corp, FMR LLC, Acadian Asset Management LLC, WINTON GROUP Ltd, Nordea Investment Management AB, Peregrine Capital Management LLC and Congress Asset Management Co. MA. 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 $58.28.

How big of a company is Banner?

Banner has a market capitalization of $2.05 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 2,128 workers across the globe.

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:  224 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  509
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 3/18/2019 by MarketBeat.com Staff

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