YOLFTbeta
Banner Corporation

Banner Corporation

BANR · NASDAQ · Financial Services / Banks - Regional

69.29USD+0.15 (+0.22%)

Price History

Full chart

Market Stats

Previous Close69.14
Open69.46
Day Range68.57 – 69.46
52-Week Range56.18 – 74.84
Volume179.10K
Market Cap2.35B
P/E (TTM)11.39
Forward P/E12.39
EPS6.06
Dividend Yield2.97%
Beta0.82
50-Day Avg70.84
200-Day Avg65.73

About

Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, 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 loans; one- to four-family residential real estate lending; construction, land, and land development loans; commercial business loans; agricultural mortgage and business loans; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and loan solicitation and processing services. In addition, it provides electronic and digital banking services comprising debit cards and ATM programs, internet banking, remote deposit capture, and mobile banking services. The company was founded in 1890 and is based in Walla Walla, Washington.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Mark J. Grescovich
  • Employees1.89K
  • Headquarters10 South First Avenue, Walla Walla, WA, United States, 99362, USA
  • Websitehttps://www.bannerbank.com

Leadership

  • Mr. Mark J. GrescovichPresident, CEO & Director · b. 1964
  • Mr. Robert G. ButterfieldExecutive VP, CFO & Treasurer · b. 1969
  • Ms. Cynthia D. PurcellExecutive VP and Chief Strategy & Administration Officer of Banner Bank · b. 1957
  • Mr. James M. CostaExecutive VP & COO of Banner Bank · b. 1969
  • Mr. Mark Charles BorreccoEVP & Chief Banking Officer · b. 1972
  • Ms. Janet M. BrownExecutive VP & Chief Information Officer · b. 1968
  • Mr. Rich ArnoldHead of Investor Relations
  • Ms. Sherrey L. LuetjenExecutive VP, General Counsel, Ethics Officer & Secretary · b. 1972
  • Ms. Kayleen R. KohlerExecutive Vice President of Human Resources · b. 1973
  • Ms. Jill M. RiceExecutive VP & Chief Credit Officer · b. 1966

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue43.10M70.40M89.90M119.80M53.30M167.55M171.13M160.15M160.02M173.20M200.70M263.59M333.89M312.79M282.57M247.23M231.68M215.86M222.78M236.84M314.67M472.24M488.34M550.15M619.57M636.51M630.77M643.14M741.69M827.33M819.49M
Growth (%)-+63.34%+27.70%+33.26%-55.51%+214.35%+2.14%-6.41%-0.08%+8.23%+15.88%+31.33%+26.67%-6.32%-9.66%-12.51%-6.29%-6.83%+3.20%+6.31%+32.86%+50.07%+3.41%+12.66%+12.62%+2.74%-0.90%+1.96%+15.32%+11.55%-0.95%
Cost of Revenue23.80M37.80M48.30M63.20M53.20M92.46M99.90M86.97M67.15M65.56M86.28M121.61M151.59M187.84M201.80M130.31M67.99M32.51M13.00M10.79M12.15M22.44M27.25M41.16M66.77M105.72M-9.78M29.75M136.36M231.97M171.78M
Gross Profit19.30M32.60M41.60M56.60M53.30M75.09M71.23M73.18M92.87M107.64M114.42M141.98M182.30M124.94M80.77M116.92M163.69M183.35M209.78M226.05M302.52M449.80M461.09M508.99M552.80M530.79M640.55M613.38M605.34M595.36M647.71M
Gross Margin44.78%46.31%46.27%47.25%100.00%44.82%41.62%45.70%58.04%62.15%57.01%53.86%54.60%39.94%28.59%47.29%70.65%84.94%94.17%95.44%96.14%95.25%94.42%92.52%89.22%83.39%101.55%95.37%81.62%71.96%79.04%
Operating Expense10.40M19.40M21.10M31.90M32.40M46.50M59.64M60.45M69.88M79.71M97.55M94.38M127.49M260.02M143.59M160.80M158.23M143.25M139.38M144.93M234.55M320.16M309.83M343.88M369.67M388.34M393.96M372.61M378.25M385.88M406.35M
Operating Income8.90M13.20M20.50M24.70M20.90M28.59M11.59M12.74M23.00M27.93M16.88M47.60M54.81M-135.08M-62.82M-43.88M5.46M40.10M70.40M81.12M67.97M129.64M151.26M165.11M183.13M142.45M246.59M240.78M227.09M209.49M241.35M
Operating Margin20.65%18.75%22.80%20.62%39.21%17.06%6.77%7.95%14.37%16.12%8.41%18.06%16.42%-43.19%-22.23%-17.75%2.36%18.58%31.60%34.25%21.60%27.45%30.97%30.01%29.56%22.38%39.09%37.44%30.62%25.32%29.45%
EBITDA9.60M14.90M24.10M31.50M79.90M35.86M18.98M16.54M30.88M32.44M21.82M53.68M63.05M-121.72M-50.40M-32.22M16.33M49.98M79.80M91.18M81.09M150.16M172.21M186.39M208.25M168.31M270.51M262.99M248.72M230.19M252.56M
EBITDA Margin22.27%21.16%26.81%26.29%149.91%21.40%11.09%10.33%19.30%18.73%10.87%20.36%18.88%-38.92%-17.83%-13.03%7.05%23.15%35.82%38.50%25.77%31.80%35.26%33.88%33.61%26.44%42.89%40.89%33.53%27.82%30.82%
Net Income6.30M9.30M13.10M15.40M12.90M18.35M7.45M9.26M16.11M19.34M11.98M31.54M36.92M-127.99M-35.76M-61.90M5.46M64.88M46.21M54.07M45.22M85.39M60.78M136.51M146.28M115.93M201.05M195.38M183.62M168.90M195.38M
Net Income Margin14.62%13.21%14.57%12.85%24.20%10.95%4.35%5.78%10.07%11.17%5.97%11.97%11.06%-40.92%-12.66%-25.04%2.36%30.06%20.74%22.83%14.37%18.08%12.45%24.81%23.61%18.21%31.87%30.38%24.76%20.41%23.84%
R&D----------------00000000-------
R&D as % of Total Revenue----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense23.30M36.40M46.70M60.40M089.59M85.94M65.97M59.85M59.91M81.38M116.11M145.69M125.34M92.80M60.31M32.99M19.51M13.00M10.79M12.15M16.41M19.25M32.66M56.77M37.84M23.61M19.39M125.57M224.39M217.04M
Interest Expense % of Total Revenue54.06%51.70%51.95%50.42%0.00%53.47%50.22%41.19%37.40%34.59%40.55%44.05%43.63%40.07%32.84%24.40%14.24%9.04%5.83%4.56%3.86%3.47%3.94%5.94%9.16%5.95%3.74%3.01%16.93%27.12%26.48%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets743.20M1.01B1.15B1.63B1.82B1.98B2.09B2.26B2.64B2.90B3.04B3.50B4.49B4.58B4.72B4.41B4.26B4.27B4.39B4.72B9.80B9.79B9.76B11.87B12.60B15.03B16.80B15.83B15.67B16.20B16.35B
Total Liabilities589.10M859.00M1.00B1.45B1.64B1.79B1.89B2.07B2.43B2.68B2.82B3.25B4.05B4.15B4.32B3.89B3.72B3.76B3.85B110.25M225.86M149.42M98.91M654.28M569.30M424.52M328.13M279.01M14.02B14.43B14.41B
Total Equity154.10M148.60M150.20M183.60M179.17M193.79M192.34M190.38M202.80M215.22M221.66M250.23M437.85M433.35M405.13M511.47M532.45M506.92M538.97M4.61B9.57B9.64B9.66B11.22B12.03B14.61B16.48B15.55B1.65B1.77B1.95B
Cash9.00M24.50M42.50M72.50M44.77M67.36M67.73M132.91M77.30M51.77M116.45M73.39M98.43M102.75M323.00M361.65M132.44M181.30M137.35M126.07M261.92M247.72M261.20M272.20M307.74M1.23B2.13B243.06M254.46M501.86M182.77M
Total Debt199.10M293.70M389.20M486.70M548.18M581.64M578.70M506.94M738.70M723.84M459.82M404.33M372.04M318.42M591.16M267.76M212.65M160.00M184.23M264.37M391.73M461.25M290.43M892.08M656.25M602.56M811.75M703.77M713.80M606.48M372.62M
Net Debt190.10M269.20M346.70M414.20M503.41M514.28M510.97M374.04M661.40M672.08M343.37M330.94M273.61M215.67M268.15M-93.89M80.21M-21.30M46.88M-15.82M-36.06M-98.30M-162.29M382.08M261.57M-809.66M-1.81B35.95M459.34M104.63M189.85M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.20M12.40M7.50M22.40M24.80M24.63M-16.83M41.41M33.58M35.47M19.72M43.74M90.97M-2.89M75.11M114.52M101.31M81.42M95.37M98.07M16.22M-75.82M346.70M30.77M148.87M125.39M301.58M238.05M257.20M293.19M257.46M
Investing Cash Flow-247.00M-114.00M-116.50M-192.60M--141.47M-69.73M-98.54M-449.03M-297.85M-84.12M-499.59M-279.09M-267.88M-59.83M176.05M-171.21M52.48M-206.42M-164.07M15.06M146.45M-393.29M-976.22M-143.11M-1.45B-1.02B-1.44B191.93M-371.17M-224.74M
Financing Cash Flow241.30M117.00M127.00M200.20M136.90M139.43M86.93M122.32M359.84M236.84M129.08M412.79M213.16M275.09M204.98M-251.93M-159.32M-85.03M67.11M54.72M104.57M-84.83M60.07M956.44M29.78M2.26B1.61B-684.73M-437.73M325.38M-111.94M
Capital Expenditure1.30M1.50M2.00M3.10M1.90M3.89M3.62M5.45M5.29M20.45M16.05M13.43M27.40M10.19M8.87M2.17M3.59M5.61M8.21M5.93M12.07M16.24M12.24M23.09M24.70M12.80M10.49M14.72M14.65M13.75M9.51M
Free Cash Flow7.90M10.90M5.50M19.30M22.90M20.75M-20.45M35.95M28.30M15.03M3.67M30.32M63.58M-13.09M66.24M112.35M97.73M75.80M87.16M92.13M4.14M-92.06M334.46M7.68M124.17M112.58M291.08M223.33M242.55M279.44M247.95M
Dividends Paid500.00K1.90M2.60M3.60M3.70M5.55M6.28M6.48M6.49M7.11M7.85M8.55M10.60M10.39M7.50M8.87M8.83M6.47M7.80M13.46M17.17M28.28M65.76M59.28M56.07M94.08M57.62M61.08M66.77M66.73M67.53M
FCF to OCF85.87%87.90%73.33%86.16%92.34%84.22%121.48%86.83%84.26%42.36%18.63%69.31%69.89%452.49%88.20%98.11%96.46%93.11%91.39%93.95%25.56%121.42%96.47%24.96%83.41%89.79%96.52%93.81%94.30%95.31%96.30%
Dividend Paid to FCF6.33%17.43%47.27%18.65%16.16%26.77%-30.73%18.02%22.92%47.34%213.50%28.21%16.67%-79.37%11.32%7.89%9.03%8.54%8.95%14.61%414.23%-30.72%19.66%771.77%45.16%83.56%19.80%27.35%27.53%23.88%27.23%

Earnings

Report DateApr 23, 1996Jul 26, 1996Oct 25, 1996Jan 24, 1997Apr 22, 1997Jul 18, 1997Oct 17, 1997Jan 16, 1998Apr 21, 1998Jul 24, 1998Oct 22, 1998Jan 26, 1999Apr 23, 1999Jul 23, 1999Oct 22, 1999Jan 21, 2000Apr 20, 2000Jul 21, 2000Oct 20, 2000Jan 26, 2001Apr 20, 2001Jul 27, 2001Oct 26, 2001Jan 25, 2002Apr 19, 2002Jul 24, 2002Oct 22, 2002Feb 5, 2003Apr 24, 2003Jul 23, 2003Oct 24, 2003Jan 27, 2004Apr 22, 2004Jul 28, 2004Oct 22, 2004Jan 26, 2005Apr 28, 2005Jul 28, 2005Oct 27, 2005Jan 26, 2006Apr 25, 2006Jul 26, 2006Oct 25, 2006Jan 24, 2007May 1, 2007Jul 25, 2007Oct 25, 2007Jan 22, 2008Apr 30, 2008Jul 28, 2008Oct 29, 2008Jan 28, 2009Apr 29, 2009Jul 29, 2009Oct 20, 2009Jan 27, 2010Apr 21, 2010Jul 21, 2010Oct 20, 2010Jan 26, 2011Apr 27, 2011Jul 21, 2011Oct 19, 2011Jan 25, 2012Apr 23, 2012Jul 25, 2012Oct 24, 2012Jan 23, 2013Apr 22, 2013Jul 24, 2013Oct 23, 2013Jan 22, 2014Apr 21, 2014Jul 23, 2014Oct 22, 2014Jan 21, 2015Apr 20, 2015Jul 20, 2015Oct 21, 2015Jan 27, 2016Apr 25, 2016Jul 26, 2016Oct 26, 2016Jan 25, 2017Apr 24, 2017Jul 26, 2017Oct 25, 2017Jan 24, 2018Apr 23, 2018Jul 25, 2018Oct 24, 2018Jan 23, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 23, 2020Apr 27, 2020Jul 22, 2020Oct 21, 2020Jan 21, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 20, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 19, 2023Apr 19, 2023Jul 19, 2023Oct 18, 2023Jan 18, 2024Apr 17, 2024Jul 17, 2024Oct 16, 2024Jan 22, 2025Apr 16, 2025Jul 16, 2025Oct 15, 2025Jan 21, 2026Apr 22, 2026Jul 22, 2026Oct 21, 2026
EPS Estimate1.331.361.481.531.821.881.942.041.992.052.172.302.292.372.432.482.622.693.012.802.832.731.472.662.772.102.750.251.682.212.592.712.802.922.823.123.102.873.06-1.963.504.034.204.274.554.224.083.742.321.10-0.41-0.52-5.48-5.84-6.47-3.25-3.84-2.50-2.16-1.32-1.15-0.49-0.140.080.180.260.380.570.570.580.600.640.540.540.630.640.640.690.720.720.620.730.730.740.700.730.790.730.760.860.971.061.051.051.051.020.760.350.830.971.071.121.181.181.101.231.401.591.581.551.351.301.131.141.171.201.221.311.401.451.371.471.54
EPS Actual1.271.391.451.851.791.971.971.972.082.142.292.292.352.352.482.742.672.742.802.942.802.731.472.732.382.102.10-0.982.172.592.592.732.662.733.083.152.732.943.29-1.753.923.434.554.554.343.923.572.661.68-1.19-0.42-7.07-4.55-7.28-3.08-1.89-1.12-1.96-2.80-0.91-0.630.010.240.180.400.580.790.670.610.610.610.710.550.620.700.740.650.740.780.660.650.680.740.720.730.780.760.710.811.001.191.090.991.151.161.070.600.671.041.081.331.561.571.471.331.251.421.681.791.321.431.341.221.171.301.331.291.351.521.551.591.44-
Surprise-4.51%2.21%-2.03%20.91%-1.65%4.79%1.55%-3.43%4.52%4.39%5.53%-0.43%2.62%-0.84%2.06%10.48%1.91%1.86%-6.98%5.00%-1.06%0.00%0.00%2.63%-14.08%0.00%-23.64%-492.00%29.17%17.19%0.00%0.74%-5.00%-6.51%9.22%0.96%-11.94%2.44%7.52%10.71%12.00%-14.89%8.33%6.56%-4.62%-7.11%-12.50%-28.88%-27.59%-208.18%-2.44%-1259.62%16.97%-24.66%52.40%41.85%70.83%21.60%-29.63%31.06%45.22%102.04%271.43%125.00%122.22%123.08%107.89%17.54%7.02%5.17%1.67%10.94%1.85%14.81%11.11%15.63%1.56%7.25%8.33%-8.33%4.84%-6.85%1.37%-2.70%4.29%6.85%-3.80%-2.74%6.58%16.28%22.68%2.83%-5.71%9.52%10.48%4.90%-21.05%91.43%25.30%11.34%24.30%39.29%33.05%24.58%20.91%1.63%1.43%5.66%13.29%-14.84%5.93%3.08%7.96%2.63%11.11%10.83%5.74%3.05%8.57%6.90%16.06%-2.04%-
Timing-----Pre-marketPre-marketPre-marketPre-market---------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap2.35B
Enterprise Value2.47B
Trailing P/E11.39
Forward P/E12.39
PEG Ratio1.83
Price / Sales3.49
Price / Book1.26
EPS6.06
Book Value58.83
Revenue (TTM)671.55M
Gross Profit (TTM)671.55M
Profit Margin31.03%
Operating Margin37.70%
Return on Equity10.78%
Return on Assets1.26%
Shares Outstanding33.98M
Shares Float33.17M
Beta0.82
Dividend Yield2.97%
Dividend Rate2.04
Payout Ratio33.44%

Analyst Ratings

Buy
Based on 5 analystsTarget 76.67
  • Strong Buy
    2
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
88.08%
Insiders
1.70%
Retail / Other
10.22%

Top Institutional Holders

  • BlackRock Inc
    5.00M14.66%
  • Vanguard Portfolio Management, LLC
    2.27M6.64%
  • Dimensional Fund Advisors, Inc.
    2.21M6.48%
  • State Street Corp
    1.87M5.48%
  • Vanguard Capital Management, LLC
    1.52M4.47%
  • Charles Schwab Investment Management Inc
    1.22M3.57%
  • Manufacturers Life Insurance Co
    905.45K2.66%
  • Wellington Management Company LLP
    903.28K2.65%
  • Geode Capital Management, LLC
    862.33K2.53%
  • American Century Companies Inc
    862.09K2.53%
  • UBS Group AG
    795.05K2.33%
  • Nuveen, LLC
    719.51K2.11%
  • Victory Capital Management Inc.
    662.76K1.94%
  • Millennium Management LLC
    500.75K1.47%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.07M6.07%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.03M3.02%
  • Schwab US Dividend Equity ETF™
    927.38K2.72%
  • iShares Russell 2000 ETF
    844.85K2.48%
  • Avantis US Small Cap Value ETF
    811.10K2.38%
  • Vanguard Small Cap Index
    741.98K2.18%

Dividends

20264×
0.52Nov 5, 20260.52Aug 4, 20260.52May 5, 20260.50Feb 3, 2026
20254×
0.50Nov 4, 20250.48Aug 5, 20250.48Apr 29, 20250.48Feb 4, 2025
20244×
0.48Nov 5, 20240.48Aug 6, 20240.48Apr 29, 20240.48Feb 6, 2024
20234×
0.48Nov 2, 20230.48Jul 31, 20230.48May 1, 20230.48Feb 1, 2023
20224×
0.44Oct 28, 20220.44Aug 1, 20220.44May 2, 20220.44Feb 2, 2022
20214×
0.41Nov 1, 20210.41Aug 2, 20210.41May 4, 20210.41Feb 3, 2021

Stock Splits

  • Jun 1, 20111:7
  • Oct 27, 200011:10
  • Aug 6, 199811:10