Banner Corp Price Target Cut to $71.00/Share From $74.00 by Piper Sandler
Piper Sandler has reduced its price target for Banner Corp (NASDAQ: BANR) to $71.00 per share, down from the previous target of $74.00. This adjustment maintains a "Neutral" rating on the company's stock. The change reflects a revised outlook from the analyst firm for Banner Corp.
Banner Corporation (BANR) Stock Price, News, Quote & History
This page provides a comprehensive overview of Banner Corporation (BANR), including its stock price, news, quotes, and historical data. It details the company's financial performance, analyst insights, and key statistics, serving as a hub for investors and those interested in BANR. The content also includes a company overview, recent news, and performance metrics compared to the S&P 500.
Banner (NASDAQ:BANR) Shares Pass Above 200-Day Moving Average - Here's Why
Banner Corporation (NASDAQ: BANR) shares have risen above their 200-day moving average, trading at $70.73 against a $66.32 average. The company holds a "Moderate Buy" consensus rating from analysts with a target price of $74.50, despite mixed recent ratings and a slight miss on its last quarterly earnings. Banner also maintains a quarterly dividend of $0.52, offering a 2.9% annual yield.
Banner Corp (NASDAQ: BANR) EVP sells shares back at $71.92
James P.G. McLean, Executive Vice President of Banner Bank, disposed of 1,070 shares of Banner Corp (BANR) common stock back to the issuer on September 14, 2026, at a price of $71.92 per share. Following this transaction, McLean directly holds 21,323 shares. This disposition was not made pursuant to a Rule 10b5-1 trading plan.
Banner Corp (NASDAQ: BANR) officer plans Rule 144 sale of vested shares
An officer of Banner Corp (BANR), James P.G. McLean, intends to sell 1,070 shares of common stock under Rule 144. These shares, with an aggregate market value of $76,954.40, come from restricted stock vesting awards that matured in March and April 2026. The proposed sale date is September 14, 2026, and will be executed through Fidelity Brokerage Services LLC.
Banner (BANR) Stock Gets Fair Value Bump After Analysts Fold In Pacific Financial
Banner (BANR) has received an updated fair value price target of US$76.67, up from US$73.67, due to analysts incorporating the Pacific Financial acquisition and raising outer-year EPS estimates. This adjustment reflects bullish sentiments from firms like Piper Sandler, DA Davidson, and Keefe Bruyette, while also acknowledging potential headwinds such as moderating net interest margin expansion and broader skepticism towards bank mergers. The new valuation also considers changes in revenue growth, net profit margin, and future P/E.
Banner (BANR) Looks Modestly Undervalued, Is The Recent Pullback A Buying Chance?
Banner (BANR) appears modestly undervalued with a fair value of $76.67 against its current $72.13 share price, according to analysts. Despite recent fluctuations, the company has shown strong long-term momentum. However, potential risks like weakening commercial real estate credit or persistent high-cost funding could impact net interest margins.
Banner Corp (NASDAQ: BANR) EVP sells 1,314 shares at $70.27
Karen Harrison, Executive Vice President of Banner Bank, a subsidiary of Banner Corp (BANR), disposed of 1,314 shares of company stock on September 10, 2026, at a price of $70.2706 per share. This transaction, classified as a disposition to the issuer, reduced her direct holdings to 12,324 shares. The sale was not conducted under a Rule 10b5-1 trading plan.
Banner Corp Executive VP Karen Harrison Sells 1,314 Shares of Common Stock
Karen Harrison, Executive Vice President of Banner Bank, sold 1,314 shares of Banner Corp (NASDAQ:BANR) common stock on September 10, 2026, at a price of $70.2706 per share. After the transaction, Harrison directly holds 12,324 shares of the company's common stock. The sale was disclosed in a Form 4 filing with the SEC, signed by her attorney-in-fact.
Officer at Banner Corp (NASDAQ: BANR) plans $92K stock sale
An officer at Banner Corp (NASDAQ: BANR), Karen Harrison, has filed a Form 144 notice to sell 1,314 shares of common stock, valued at approximately $92,335.66. These shares were acquired through restricted stock vesting on various dates between 2025 and 2026, and the sale is planned for September 10, 2026, on NASDAQ. Fidelity Brokerage Services LLC will execute the sale.
Banner Corporation (NASDAQ:BANR) Given Average Rating of "Hold" by Brokerages
Banner Corporation (NASDAQ:BANR) has received an average "Hold" rating from analysts, with four out of six recommending a hold and two a buy. The average 12-month price target is $72.75, slightly above its current trading price of $70.82. The company recently reported quarterly earnings that missed consensus estimates for both EPS and revenue, but it paid a quarterly dividend of $0.52 per share.
Banner (NASDAQ:BANR) Stock Crosses Above 200 Day Moving Average - Time to Sell?
Banner Corporation's (NASDAQ:BANR) stock recently surpassed its 200-day moving average, trading at $70.82 against an average of $65.90. Despite this, analysts largely maintain a "Hold" rating with an average target price of $72.75. The company's recent quarterly earnings slightly missed expectations, though it continues to pay a quarterly dividend of $0.52 per share.
Banner Corp | 144: Notice of proposed sale of securities pursuant to Rule 144
This document serves as a notice of the proposed sale of securities by Banner Corp, conducted pursuant to Rule 144. Further details about the sale and the securities involved would be contained within the document itself.
Wellington Management Group LLP Sells 119,190 Shares of Banner Corporation $BANR
Wellington Management Group LLP has reduced its stake in Banner Corporation (NASDAQ:BANR) by 11.7%, selling 119,190 shares but still retaining over 900,000 shares valued at approximately $60 million. Institutional investors collectively own 87.33% of BANR, which currently holds a consensus "Hold" rating from analysts with an average price target of $72.75. The company recently reported quarterly EPS of $1.44 and revenue of $172.11 million, both slightly below analyst estimates, and maintains a quarterly dividend of $0.52.
Banner Bank closes on purchase of western WA financial institution
Walla Walla-based Banner Bank has completed its acquisition of Pacific Financial Corporation, the holding company for Aberdeen-based Bank of the Pacific, in an all-stock transaction. This merger expands Banner Bank's presence in Western Washington and Oregon, adding 18 new branches and increasing its total assets to approximately $18 billion. The deal was valued at about $177 million, with Pacific Financial shareholders receiving 0.2633 shares of Banner common stock for each of their shares.
Banner completes $177m acquisition of Pacific Financial
Banner Corporation has finalized its acquisition of Pacific Financial Corporation for approximately $177 million. Pacific Financial shareholders will receive 0.2633 Banner common shares for each of their shares, resulting in Pacific Financial investors holding about 7% of the combined entity. This merger expands Banner's presence in Western Washington and Western Oregon, with system integration and renaming expected to conclude in November 2026.
Banner Corporation completed the acquisition of Pacific Financial Corporation from a group of shareholders.
Banner Corporation has finalized its acquisition of Pacific Financial Corporation from a group of shareholders, a deal valued at approximately $180 million. Pacific Financial shareholders received 0.2633 shares of Banner common stock for each of their shares, resulting in them owning about 7% of the combined company. The merger is expected to be immediately accretive to Banner's 2027 earnings per share, excluding one-time transaction expenses.
Banner Corporation completes acquisition of Pacific Financial Corporation
Banner Corporation has announced the completion of its acquisition of Pacific Financial Corporation and its subsidiary, Bank of the Pacific, effective September 1, 2026. This merger expands Banner's presence in Western Washington and Oregon markets, integrating Bank of the Pacific's branches and assets into Banner Bank. Former Bank of the Pacific CEO, Denise Portmann, will join the Banner executive team to assist with integration.
Bank of New York Mellon Corp Makes New Investment in Banner Corporation $BANR
Bank of New York Mellon Corp has acquired a new stake of 308,674 shares in Banner Corporation, valued at approximately $20.5 million, representing about 0.91% of the company. Other institutional investors like Royal Bank of Canada and AQR Capital Management also adjusted their holdings. Analyst sentiment is mixed, with a consensus "Hold" rating, while Banner's recent quarterly earnings slightly missed expectations but it continues to pay a quarterly dividend.
Press Release: Banner Corporation Completes Acquisition of Pacific Financial Corporation
Banner Corporation (NASDAQ: BANR) announced the successful completion of its acquisition of Pacific Financial Corporation (NASDAQ: PFIN) and its wholly-owned subsidiary, Bank of the Pacific. This merger, effective September 1, 2026, results in a combined organization with approximately $18 billion in assets, $14 billion in loans, and $15 billion in deposits. The acquisition expands Banner's presence in the Pacific Northwest and is expected to be immediately accretive to earnings per share, excluding one-time merger costs.
Sponsor Spotlight: Banner Bank
Banner Bank has significantly expanded its sponsorship with Eastern Oregon University (EOU) by investing $100,000 over 10 years, leading to the debut of the Banner Bank Track. This partnership is described as mutually beneficial, reflecting Banner Bank's core value of community engagement and support for rural areas in Eastern Oregon. The bank, headquartered in the Pacific Northwest for 130 years, aims to help the region thrive through such collaborations.
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.
