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

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$58.92 -1.24 (-2.06 %)
(As of 11/21/2018 08:56 AM ET)
Previous Close$60.16
Today's Range$58.58 - $60.13
52-Week Range$52.10 - $67.11
Volume143,934 shs
Average Volume185,729 shs
Market Capitalization$1.94 billion
P/E Ratio19.71
Dividend Yield2.53%
Beta0.93
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

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:BANR
Previous Symbol
CUSIP06652V20
Phone509-527-3636

Debt

Debt-to-Equity Ratio0.34
Current Ratio0.93
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio19.71
Forward P/E Ratio14.73
P/E Growth2.15

Sales & Book Value

Annual Sales$505.82 million
Price / Sales3.77
Cash Flow$3.5818 per share
Price / Cash16.45
Book Value$39.36 per share
Price / Book1.50

Profitability

EPS (Most Recent Fiscal Year)$2.99
Net Income$60.77 million
Net Margins16.08%
Return on Equity9.74%
Return on Assets1.20%

Miscellaneous

Employees2,128
Outstanding Shares32,330,000
Market Cap$1.94 billion
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 declared a quarterly dividend on Thursday, September 27th. Investors of record on Wednesday, October 10th will be given a dividend of $0.38 per share on Friday, October 19th. This represents a $1.52 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Tuesday, October 9th. This is a boost from Banner's previous quarterly dividend of $0.35. View Banner's Dividend History.

How will Banner's stock buyback program work?

Banner announced that its board has approved a share repurchase plan on Thursday, March 29th 2018, which authorizes the company to repurchase 1,620,000 shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans 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) announced its quarterly earnings results on Wednesday, October, 24th. The financial services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $0.95 by $0.25. The financial services provider had revenue of $129.49 million for the quarter, compared to the consensus estimate of $125.29 million. Banner had a return on equity of 9.74% and a net margin of 16.08%. View Banner's Earnings History.

When is Banner's next earnings date?

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

What price target have analysts set for BANR?

5 equities research analysts have issued 1-year price targets for Banner's stock. Their forecasts range from $61.00 to $70.00. On average, they anticipate Banner's stock price to reach $65.25 in the next twelve months. This suggests a possible upside of 10.7% 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?

Press coverage about BANR stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Banner earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

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. Peter J. Conner, Exec. VP & CFO (Age 52)
  • Ms. Cynthia D. Purcell, Exec. VP of Retail Banking & Admin. of Banner Bank (Age 61)
  • Ms. Judith A. Steiner, Exec. VP & Chief Risk Officer of Banner Bank (Age 56)
  • Mr. Craig Miller, Exec. VP & Gen. Counsel (Age 66)

Who are Banner's major shareholders?

Banner's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.75%), Dimensional Fund Advisors LP (8.24%), Bank of New York Mellon Corp (2.95%), Channing Capital Management LLC (2.92%), JPMorgan Chase & Co. (2.89%) and JPMorgan Chase & Co. (2.89%). 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 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 FMR LLC, The Manufacturers Life Insurance Company , Channing Capital Management LLC, NWQ Investment Management Company LLC, William Blair Investment Management LLC, Wells Fargo & Company MN, Hsbc Holdings PLC and TIAA CREF Investment Management LLC. Company insiders that have sold Banner company stock in the last year include Cynthia D Purcell, Kenneth A Larsen, Peter Conner 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., JPMorgan Chase & Co., Man Group plc, Dimensional Fund Advisors LP, Morgan Stanley, Russell Investments Group Ltd., Chicago Equity Partners LLC and BlackRock Inc.. 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 $58.92.

How big of a company is Banner?

Banner has a market capitalization of $1.94 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.

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:  212 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  480
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 11/21/2018 by MarketBeat.com Staff

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