Banner (NASDAQ:BANR) Posts Earnings Results, Misses Expectations By $0.02 EPS

Banner (NASDAQ:BANR) issued its quarterly earnings data on Wednesday. The financial services provider reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02), Zacks reports. Banner had a net margin of 23.55% and a return on equity of 10.80%. The firm had revenue of $172.11 million during the quarter, compared to analyst estimates of $174.54 million.

Banner Stock Performance

NASDAQ BANR opened at $68.85 on Friday. The company has a fifty day moving average price of $66.48 and a 200-day moving average price of $64.14. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 11.36 and a beta of 0.83. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.86 and a quick ratio of 0.85. Banner has a 1 year low of $57.05 and a 1 year high of $72.65.

Banner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Tuesday, August 4th will be paid a $0.52 dividend. The ex-dividend date is Tuesday, August 4th. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. Banner’s dividend payout ratio is presently 34.32%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BANR. DA Davidson restated a “neutral” rating and set a $72.00 price objective on shares of Banner in a research report on Monday, May 4th. Keefe, Bruyette & Woods raised their price target on shares of Banner from $73.00 to $75.00 and gave the stock a “market perform” rating in a report on Monday, May 18th. Weiss Ratings upgraded Banner from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. Piper Sandler raised their price target on shares of Banner from $63.00 to $67.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Finally, Benchmark initiated coverage on Banner in a research report on Wednesday, July 8th. They set a “hold” rating on the stock. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $71.00.

Key Banner News

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Banner reported second-quarter net income of $48.9 million, or $1.43 per diluted share, and net interest income rose to $153.7 million, showing the bank remained profitable and generated stronger core earnings than a year ago. Banner Corporation Reports Net Income of $48.9 Million…
• Positive Sentiment: The company declared a quarterly cash dividend of $0.52 per share, signaling continued confidence in its balance sheet and ongoing capital return to shareholders. Banner declares $0.52 dividend
• Neutral Sentiment: Management’s earnings release and related coverage suggest the quarter was generally solid, but not enough to materially change the investment case by itself. Banner posts solid Q2 results and supports dividend
• Negative Sentiment: Banner’s Q2 EPS of $1.44 missed analysts’ expectations of about $1.46 to $1.47, and revenue of $172.1 million also fell short of estimates, which likely pressured the stock. Banner Bank (NASDAQ:BANR) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings

Hedge Funds Weigh In On Banner

A number of hedge funds and other institutional investors have recently modified their holdings of BANR. Royal Bank of Canada increased its position in shares of Banner by 54.7% during the 1st quarter. Royal Bank of Canada now owns 22,128 shares of the financial services provider’s stock valued at $1,412,000 after purchasing an additional 7,828 shares during the last quarter. AQR Capital Management LLC increased its holdings in Banner by 19.6% during the first quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider’s stock worth $1,895,000 after buying an additional 4,877 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Banner by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,422 shares of the financial services provider’s stock worth $1,302,000 after acquiring an additional 891 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Banner in the first quarter worth about $248,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Banner by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,471 shares of the financial services provider’s stock valued at $7,427,000 after acquiring an additional 6,059 shares during the last quarter. Hedge funds and other institutional investors own 87.33% of the company’s stock.

About Banner

Banner Corporation, through its principal subsidiary Banner Bank, operates as a regional commercial bank headquartered in Walla Walla, Washington. Founded in 2000 as a bank holding company, Banner traces its origins to community banking roots in Eastern Washington dating back to the late 19th century. Over the past two decades, the company has grown through both organic expansion and strategic acquisitions, establishing a strong presence throughout the Pacific Northwest.

The company offers a comprehensive suite of financial products and services for individual and business clients.