Banner (NASDAQ:BANR) Reaches New 1-Year High - What's Next?
Banner Corporation (NASDAQ:BANR) recently hit a new 52-week high of $74.31, trading near $74 despite analyst caution. The stock is above its 50-day and 200-day moving averages, holding an overall "Hold" rating with an average price target of $72.75. Despite missing quarterly EPS and revenue estimates, Banner maintains a quarterly dividend of $0.52 per share, offering a 2.8% yield.
Banner to close Pacific Financial merger after Fed waives application, closing anticipated Sept. 1
Banner Corporation (BANR) is set to close its merger with Pacific Financial on September 1, 2026, after receiving non-objection from the Federal Reserve to waive the merger application requirement. All necessary regulatory approvals have been secured, and the closing is subject to customary conditions. This merger will combine Pacific Financial into Banner, as agreed upon in April 2026.
Regulators give Banner (BANR) all‑clear on Pacific Financial deal
Banner Corporation has received all necessary regulatory approvals, including a non-objection from the Federal Reserve, for its merger with Pacific Financial Corporation. The companies anticipate closing the merger on September 1, 2026, subject to customary closing conditions. This acquisition will add Pacific Financial's $1.26 billion in assets and regional branch network to Banner's $16.59 billion asset base, expanding its operations in four Western states.
Banner Corporation (NASDAQ:BANR) Given Consensus Recommendation of "Hold" by Brokerages
Banner Corporation (NASDAQ:BANR) has received a consensus "Hold" rating from six research firms, with an average 12-month target price of $72.75. Recent analyst reports show mixed ratings, including "hold" from Benchmark and Piper Sandler, a downgrade to "sell" by Wall Street Zen, and an upgrade to "buy" by Weiss Ratings. Institutional investors have significantly increased their holdings in BANR, while the company recently reported Q2 earnings of $1.44 EPS, missing estimates, and announced a quarterly dividend of $0.52 per share.
Banner Corporation Secures Regulatory and Shareholder Approvals for Pacific Financial Merger
Banner Corporation has secured regulatory approvals from Washington State and the FDIC, along with shareholder approval from Pacific Financial Corporation, for their proposed merger. The merger is anticipated to close in the third quarter of 2026, pending final authorization from the Federal Reserve. This marks a significant step forward in the transaction, which will see Pacific Financial merge into Banner Corporation.
Banner Corp, Pacific Financial merger clears FDIC and Washington approval; shareholders approve
Banner Corp (BANR) announced that its merger with Pacific Financial has received approvals from the Washington State Division of Banks and the FDIC. Additionally, Pacific Financial shareholders have approved the Merger Agreement. The companies anticipate closing the merger in Q3 2026, contingent on remaining regulatory approvals and other closing conditions.
Banner Corporation (BANR) gains key approvals for Pacific Financial merger
Banner Corporation has received key regulatory and shareholder approvals for its merger with Pacific Financial Corporation. The Washington State Department of Financial Institutions and the FDIC have approved the merger, with Federal Reserve approval still pending. Pacific Financial shareholders also voted to approve the merger, which is expected to close in the third quarter of 2026.
Banner Corporation stock hits 52-week high at 72.66 USD
Banner Corporation's stock reached a 52-week high of $72.66, demonstrating a strong year-to-date return of 16.7% and a 12-month appreciation of 11.69%. InvestingPro analysis suggests the stock is undervalued, and the company has consistently paid dividends for 32 years with a 2.91% yield. This comes despite slightly missing Wall Street's Q2 2026 earnings expectations, though the company reported higher profit and revenue year-over-year.
Banner Corporation (BANR) Stock Forecasts
Argus has raised its target price for Banner Corporation (BANR) to $79.00, while its current stock price stands at $71.41. Banner Corporation operates as a bank holding company, with its primary subsidiary being Banner Bank. The report suggests upgrading for access to premium research reports and detailed company profiles.
Forbes Names Banner Bank the #1 Bank in California
Forbes has ranked Banner Bank as the number one bank in California on its 2026 list of America's Best-In-State Banks, recognizing its excellence in trust, service, financial advice, digital tools, and overall satisfaction based on client feedback and independent research. This achievement is particularly notable as Banner Bank only began serving California clients about a decade ago. The bank also earned a spot on Forbes' "100 Best Banks in America" list for the tenth consecutive year.
Forbes Names Banner Bank the #1 Bank in California
Forbes has recognized Banner Bank as the number one bank in California on its 2026 list of America's Best-In-State Banks. This ranking is based significantly on client feedback regarding trust, service, financial advice, and digital tools, alongside an analysis of publicly available reviews. Banner Bank's CEO, Mark Grescovich, expressed delight at the recognition, highlighting the bank's commitment to outstanding service in California, a market they entered just over a decade ago.
Public Employees Retirement System of Ohio Sells 41,627 Shares of Banner Corporation $BANR
The Public Employees Retirement System of Ohio significantly reduced its stake in Banner Corporation (NASDAQ:BANR) by 98.8%, selling 41,627 shares and retaining only 519 shares. This comes as other institutional investors like UBS Group AG, DePrince Race & Zollo Inc., Goldman Sachs Group Inc., and Two Sigma Investments LP increased their holdings in Banner. Despite a slight miss on quarterly earnings, Banner announced a quarterly dividend of $0.52, and analysts maintain a consensus "Hold" rating with an average price target of $72.75.
Banner Corp (BANR) Stock News Today
This page provides news and analysis for Banner Corp (BANR) stock. It includes current stock quotes, market capitalization, P/E ratio, and highlights that more news is coming soon. The primary purpose of the page is to serve as a hub for updates regarding BANR.
Banner Corporation (NASDAQ:BANR) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Banner Corporation reported second-quarter earnings with revenues matching forecasts but EPS slightly missing expectations. Despite this, analysts have largely maintained their forecasts for 2026, anticipating revenue of US$723.4m and EPS of US$5.93, with no significant changes to their price target of US$76.50. The company is expected to see accelerated revenue growth of 16% annually through 2026, outperforming the industry's projected 7.8% growth.
Banner Corporation (NASDAQ:BANR) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Banner Corporation recently reported its second-quarter earnings, exceeding revenue and earnings per share expectations. Analysts have reacted by slightly increasing price targets, suggesting a modest positive sentiment, though their overall outlook for future earnings remains conservative compared to the company's past performance. The company's valuation metrics show it trading at a P/E ratio of 8.9x, indicating potential undervaluation relative to the US banking industry average.
Banner (BANR) Stock Slips As Cost Creep Clouds Margin Strength
Banner (BANR) stock experienced a 1.6% slip following its Q2 earnings report, primarily due to investor concerns over rising costs despite underlying growth. While net interest margin remained strong at 4.13% and loans increased to US$12 billion, the cost-to-income ratio climbed to 61.3%, and earnings per share eased to US$1.44. This indicates that while the core banking operations appear resilient, higher operational costs and a shift in funding mix are weighing on investor sentiment.
First Trust Advisors LP Buys 28,987 Shares of Banner Corporation $BANR
First Trust Advisors LP significantly increased its stake in Banner Corporation (NASDAQ:BANR) by 71.9% in the first quarter, purchasing 28,987 additional shares to own a total of 69,297 shares valued at approximately $4.2 million. Other institutional investors also adjusted their positions in Banner, which currently trades near its 12-month high with a market capitalization of $2.44 billion. Despite missing analysts' earnings and revenue estimates for the last quarter, the company declared a quarterly dividend of $0.52 per share and maintains a consensus "Hold" rating from analysts with an average price target of $72.75.
BANNER CORP Q2 2026: Revenue $171.96M, EPS $1.43— 10-Q Summary
BANNER CORP (BANR) reported its Q2 2026 results, showing revenue of $171.96 million and diluted EPS of $1.43, representing year-over-year increases of 6.0% and 9.2%, respectively. The financial growth was primarily driven by higher net interest income and loan growth. The company also announced a definitive all-stock merger agreement to acquire Pacific Financial, expected to close in Q3 2026.
Banner Corp.: Board Authorizes Repurchase of Up to 1.7M Shares of Common Stock >BANR
Banner Corporation's Board of Directors has authorized a share repurchase program, allowing the company to buy back up to 1.7 million shares of its common stock. This program replaces the previous authorization and is part of Banner's capital management strategy to enhance shareholder value.
Banner Corp authorizes repurchase of up to 1.7 million shares, about 5% of outstanding stock
Banner Corp has authorized a stock repurchase program for up to 1.7 million common shares, representing approximately 5% of its outstanding stock. The buybacks will occur in open-market purchases, with timing and pace dependent on market conditions and corporate considerations. This announcement is based on original content published by Banner Corporation via EDGAR.
Banner board authorizes buyback of up to 5% of its stock
Banner Corporation (NASDAQ: BANR) announced that its Board of Directors has authorized the repurchase of up to 1.7 million shares of the company’s common stock, representing approximately 5% of its outstanding shares. President and CEO Mark J. Grescovich stated that the buyback reflects confidence in the stock's value and aims to build long-term shareholder value. Repurchases will be made in open market transactions, with timing dependent on market conditions and other corporate considerations.
Banner Corp authorizes repurchase of up to 1.7 million shares, about 5% of outstanding stock
Banner Corporation has authorized a stock repurchase program for up to 1.7 million common shares, representing about 5% of its outstanding stock. The buybacks will be executed in open-market purchases, with the timing and pace dependent on market conditions and other corporate considerations. This news brief was generated by AI based on original content filed by Banner Corporation via EDGAR.
Banner Corporation (NASDAQ: BANR) authorizes 1.7M-share stock repurchase
Banner Corporation (NASDAQ: BANR) has announced that its Board of Directors authorized a stock repurchase program for up to 1.7 million shares of common stock, representing approximately 5% of its outstanding common stock. The buyback will occur through open market purchases, with timing dependent on market conditions. President and CEO Mark J. Grescovich believes this reflects an attractive value proposition and a sound way to build long-term shareholder value.
Banner Corp (BANR) EVP relinquishes shares to cover tax on stock vesting
Banner Corp Executive VP James M. Costa relinquished 386 shares of common stock on July 31, 2026, to cover tax obligations stemming from the vesting of 1,548 restricted shares. The shares were valued at $69.87 each. Following this transaction, Costa directly holds 42,467 shares of Banner Corp common stock.
Banner Corp (BANR) EVP relinquishes shares to pay taxes on restricted stock vesting
Scott S. Newman, Executive VP of Banner Bank (BANR), relinquished 69 shares of common stock on July 31, 2026, to cover tax obligations from the vesting of 280 restricted shares. The shares were valued at $69.87 each. Following this transaction, Newman directly holds 6,938 shares of Banner Corp common stock.
Banner Corp authorizes repurchase of up to 1.7 million shares, about 5% of outstanding stock
Banner Corp has authorized a stock repurchase program for up to 1.7 million common shares, representing approximately 5% of its outstanding stock. The buybacks will be executed in open-market purchases, with the pace and timing dependent on market conditions and other corporate considerations. This news brief was generated by AI using content originally published by Banner Corporation via the SEC's EDGAR system.
Banner Corp To Go Ex-Dividend On August 4th, 2026 With 0.52 USD Dividend Per Share
Banner Corp (NASDAQ: BANR) is scheduled to go ex-dividend on August 4th, 2026. Shareholders will receive a dividend of $0.52 per share. Investors need to own shares before the ex-dividend date to be eligible for the payment.
Banner Corp (BANR) Financial Health: Profitability & Balance Sheet Analysis
This article provides an analysis of Banner Corp's (BANR) financial health, ranking it 119 out of 395 in the Banking Services industry with a score of 8.47. The company demonstrates stable financial status and high operating efficiency, with recent quarterly revenue increasing by 5.10% and net profit by 7.45% year-over-year. The report details specific scores for financial quality, operational efficiency, growth potential, and shareholder returns.
ETFs Investing in Banner Corporation Stocks
This article provides a list of Exchange Traded Funds (ETFs) that hold Banner Corporation (BANR) stocks. The list, sorted by market value, details each ETF's symbol, market value, weight of BANR stock, issuer, management style, focus, expense ratio, assets under management (AUM), price, change, relative volume, and 3-year NAV total return. The information aims to help investors identify ETFs with exposure to Banner Corporation, making investment in the stock more accessible with potentially lower risk.
5 Revealing Analyst Questions From Banner Bank’s Q2 Earnings Call
Banner Bank's Q2 earnings call revealed cautious sentiment following an adjusted profit miss despite meeting revenue expectations. Analysts questioned loan yield outlook, deposit costs, loan growth sustainability, capital priorities, and M&A appetite. Management provided insights into stable credit quality, rising loan yields, increasing CD pricing competition, and their opportunistic approach to future acquisitions.
Bank of New York Mellon Corp Reduces Stock Position in Banner Corporation $BANR
Bank of New York Mellon Corp has reduced its stock position in Banner Corporation (NASDAQ:BANR) by 5.0% in the first quarter of 2026. Despite this, other institutional investors have increased their holdings, and the stock currently holds a consensus "Hold" rating from analysts with an average target price of $72.75. Banner Corporation recently reported earnings per share that missed analyst estimates and declared a quarterly dividend of $0.52 per share.
KBW Maintains Banner Corp(BANR.US) With Hold Rating, Raises Target Price to $78
KBW has reiterated its Hold rating on Banner Corp (BANR.US) and increased its target price to $78. This indicates the firm's continued neutral stance on the stock while acknowledging improved prospects or valuation.
5 Revealing Analyst Questions From Banner Bank’s Q2 Earnings Call
Banner Bank's Q2 results, despite mixed market reception, revealed key insights during the analyst Q&A. Analysts probed loan yields, deposit costs, loan growth sustainability, capital allocation, and M&A strategies. Management emphasized strong pipelines, stable credit quality, and strategic acquisitions, while also acknowledging elevated noninterest expenses and increasing CD pricing competition.
BANR|Banner Corp|Price:70.545|Chg%:+0.315
This article provides a detailed profile of Banner Corporation (BANR), a bank holding company operating Banner Bank. It outlines the company's background, business scope, financial data including market capitalization and P/E ratio, and lists key executives with their shareholdings and changes. The report also highlights institutional ownership data for BANR.
Banner Corp (BANR) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
The article provides a revenue breakdown for Banner Corp (BANR), noting that relevant data regarding business segments, regional revenue, and profit contribution have not yet been disclosed by the company. It presents the stock's current market information, including its price, market cap, and P/E ratio, while indicating that specific detailed financial segment data is unavailable.
Dimensional Fund Advisors LP Increases Stock Position in Banner Corporation $BANR
Dimensional Fund Advisors LP has increased its holdings in Banner Corporation (NASDAQ:BANR) by 0.8%, adding 18,077 shares and now owning approximately 6.43% of the company. Other institutional investors have also adjusted their positions, with hedge funds and institutions now holding 87.33% of the stock. Despite missing quarterly earnings and revenue estimates, Banner has declared a quarterly dividend of $0.52 per share, and analysts maintain a "Hold" rating with an average price target of $72.75.
Banner Corporation $BANR Shares Bought by Entropy Technologies LP
Entropy Technologies LP significantly increased its stake in Banner Corporation ($BANR) by over 400% in the first quarter, now holding 23,054 shares valued at $1.4 million. Despite increased institutional ownership, Banner's recent earnings and revenue missed analyst estimates, though analysts maintain a "Hold" rating with an average price target of $72.75. The company also declared a quarterly dividend of $0.52 per share, yielding 3.0% annually.
KBW Maintains Banner Corp(BANR.US) With Hold Rating, Raises Target Price to $78
KBW has reiterated its Hold rating for Banner Corp (BANR.US) and increased the target price to $78. This indicates the firm's continued neutral stance on the stock while acknowledging improved valuation prospects.
Banner Corp Is Maintained at Market Perform by Keefe, Bruyette & Woods
Keefe, Bruyette & Woods has maintained its Market Perform rating for Banner Corp (NASDAQ:BANR). This rating indicates the firm's view that the stock is expected to perform in line with the overall market.
D.A. Davidson Maintains Banner Corp(BANR.US) With Hold Rating, Raises Target Price to $76
D.A. Davidson has reiterated its Hold rating for Banner Corp (BANR.US) while increasing the target price from $73 to $76. This adjustment suggests a continued neutral outlook but with a slightly higher valuation expectation for the company's stock.
Banner Bank Number of Employees 2026 | Employee Count & Headcount Data
As of March 2026, Banner Bank has approximately 1,901 total employees worldwide, representing a 1.5% decline since 2023. The company is actively hiring, with 138 job postings in 2026, a 21.7% increase from 2025. The majority of employees are based in the United States, and the average salary is $93,910, with Finance and Operations being the largest department.
North Reef Capital Management LP Takes $11.86 Million Position in Banner Corporation $BANR
North Reef Capital Management LP acquired 195,449 shares of Banner Corporation (NASDAQ:BANR) worth approximately $11.86 million in the first quarter, representing about 0.58% ownership. This move highlights continued institutional interest, with 87.33% of Banner's stock held by hedge funds and institutions despite the company missing analyst estimates for its latest quarter. Analysts currently maintain a "Hold" rating on Banner, which recently affirmed a $0.52 quarterly dividend.
Banner Corp. (BANR) Q1 2024 Earnings Report - Results, Call & Slides
Banner Corp. (BANR) released its Q1 2024 earnings report, showing an actual EPS of $1.09, which missed the consensus of $1.13 by $0.04. However, the company's actual revenue of $197.39 million beat the expected revenue of $151.04 million by $46.35 million, representing an 11.66% year-over-year growth. The earnings announcement took place on April 17, 2024, after market close, with an earnings call held on the same day.
Banner Corp. (BANR) Q4 2024 Earnings Report - Results, Call & Slides
Banner Corp. (BANR) has reported its Q4 2024 earnings, beating both EPS and revenue expectations. The company recorded an actual EPS of $1.34 against a consensus of $1.21, and actual revenue of $215.42 million, surpassing the expected $156.09 million. The report includes details on the earnings call, upcoming earnings dates, and historical financial performance.
Banner Corporation (NASDAQ:BANR) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Banner Corporation's shares fell 4.9% after its second-quarter earnings report, despite revenues aligning with analyst predictions. However, statutory earnings per share missed estimates by 2.4%. Analysts have slightly downgraded their EPS forecasts for 2026, though the consensus price target remains unchanged, and the company is still expected to outpace industry revenue growth.
Banner Bank (NASDAQ:BANR) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
Banner Bank (NASDAQ:BANR) reported Q2 CY2026 earnings with sales of $172 million, falling short of analyst estimates and representing a 3.4% year-on-year increase. The company's non-GAAP profit per share of $1.44 also missed consensus estimates by 2%. Despite the mixed results, Banner Bank highlighted the continued strength of its "super community bank model" focusing on client relationships and a moderate risk profile.
Q2 2026 Banner Corp Earnings Call Transcript
Banner Corp (NAS:BANR) reported strong Q2 2026 earnings, with a net profit of $48.9 million ($1.43 per diluted share) and core earnings of $64.4 million, reflecting a 6% year-over-year revenue increase. The company saw significant loan originations, particularly in commercial and construction sectors, and maintained a robust core deposit base. Challenges included an increase in nonperforming assets from a single project, a decrease in noninterest income, and higher noninterest expenses.
Press Release: Banner Corporation Reports Net Income of $48.9 Million, or $1.43 Per Diluted Share, for Second Quarter 2026; Declares Quarterly Cash Dividend of $0.52 Per Share
Banner Corporation reported net income of $48.9 million, or $1.43 per diluted share, for the second quarter of 2026. This reflects a decrease from $52.7 million or $1.53 per diluted share in the prior quarter and $60.5 million or $1.76 per diluted share in the second quarter of 2025. The company also declared a quarterly cash dividend of $0.52 per share payable in August 2026.
Transcript: Banner Q2 2026 Earnings Conference Call
Banner Corporation reported a net profit of $48.9 million ($1.43 per diluted share) for Q2 2026, up from $1.31 per share in the prior year, with core earnings reaching $64.4 million. The company experienced strong loan growth (up 45% quarter-over-quarter) across commercial, construction, and consumer segments, maintaining a solid net interest margin and an 87% loan-to-deposit ratio. Banner anticipates continued loan growth and stable deposit costs, with a slight margin expansion in Q3, and is on track to close the Bank of the Pacific acquisition in Q3, which will further bolster its core deposit base.
Earnings Flash (BANR) Banner Corporation Reports Q2 Revenue $172.0M, Vs. FactSet Est of $174.5M
Banner Corporation (BANR) reported its Q2 revenue at $172.0 million, falling short of the FactSet estimate of $174.5 million. This earnings flash provides the key financial result for the quarter.
