Banner (NASDAQ:BANR) Announces Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Banner (NASDAQ:BANR) released its quarterly earnings data on Wednesday. The financial services provider reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.10, Zacks reports. The firm had revenue of $179.07 million for the quarter, compared to analyst estimates of $184.24 million. Banner had a net margin of 22.81% and a return on equity of 10.65%.

Banner Stock Up 3.0%

Shares of BANR opened at $70.10 on Friday. The stock has a market capitalization of $2.38 billion, a PE ratio of 11.57 and a beta of 0.83. Banner has a 1 year low of $57.05 and a 1 year high of $74.84. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.88 and a current ratio of 0.88. The company’s 50-day simple moving average is $69.44 and its 200-day simple moving average is $67.69.

Banner Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, November 5th. Banner’s dividend payout ratio is currently 34.32%.

Trending Headlines about Banner

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Banner reported third-quarter 2026 earnings of approximately $1.51 per share, ahead of the consensus estimate cited by several outlets. Net income was about $47.7 million, while profitability remained solid with a reported net margin of 23.55% and return on equity of 10.72%. Banner Corporation Reports Third-Quarter Earnings
• Positive Sentiment: Management expects mid-single-digit loan growth into 2027, suggesting continued balance-sheet expansion and potential support for future revenue. Banner Loan Growth and Synergy Outlook
• Positive Sentiment: The company is targeting achievement of 40% of planned Bank of the Pacific merger cost synergies by mid-2027. Delivering those savings could improve efficiency and earnings as integration progresses. Banner 2026 Third-Quarter Presentation
• Positive Sentiment: Banner declared a quarterly dividend of $0.52 per share, or $2.08 annualized, representing an approximately 3.0% yield and reinforcing its income appeal. The stock goes ex-dividend on November 5.
• Neutral Sentiment: Revenue of $179.1 million was below the roughly $184.2 million consensus estimate. Earnings expectations varied by data provider: some reported a beat versus $1.41 per share, while Zacks characterized the result as a miss versus $1.54. Banner Third-Quarter Results
• Negative Sentiment: Reported earnings were slightly below the year-ago level in some presentations, and merger-related expansion and integration costs remain a near-term drag until the promised synergies are realized. Banner Third-Quarter Earnings Merger Analysis

Analyst Ratings Changes

Several equities research analysts have commented on the company. Wall Street Zen lowered Banner from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods boosted their price objective on Banner from $75.00 to $78.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. DA Davidson upped their target price on Banner from $72.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Banner in a report on Monday, September 14th. Finally, Benchmark started coverage on shares of Banner in a report on Wednesday, July 8th. They issued a “hold” rating for the company. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $75.00.

About Banner

Banner Corporation (NASDAQ: BANR) is a bank holding company headquartered in Walla Walla, Washington. Through its principal subsidiary, Banner Bank, the company provides banking and financial services to individuals, families, businesses and communities in the Pacific Northwest.

Banner Bank offers deposit products, residential and commercial real estate lending, construction and land development loans, commercial and industrial financing, agricultural loans, consumer loans and home equity products.