Banner (NASDAQ:BANR) Price Target Raised to $76.00

Banner (NASDAQ:BANR) had its price target lifted by DA Davidson from $74.00 to $76.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

A number of other analysts have also commented on the company. Wall Street Zen lowered Banner from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Banner in a report on Monday, September 14th. Piper Sandler dropped their target price on Banner from $74.00 to $71.00 and set a “neutral” rating on the stock in a research report on Thursday, October 1st. Keefe, Bruyette & Woods boosted their target price on Banner from $75.00 to $78.00 and gave the company a “market perform” rating in a research note on Monday, July 27th. Finally, Benchmark began coverage on Banner in a research note on Wednesday, July 8th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Banner currently has an average rating of “Hold” and a consensus price target of $75.00.

Banner Stock Performance

Shares of NASDAQ:BANR opened at $70.28 on Friday. Banner has a 12 month low of $57.05 and a 12 month high of $74.84. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.09. The company’s fifty day simple moving average is $69.37 and its 200 day simple moving average is $67.75. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 11.95 and a beta of 0.83.

Banner (NASDAQ:BANR) last announced its earnings results on Wednesday, October 21st. The financial services provider reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.10. The firm had revenue of $179.07 million during the quarter, compared to analyst estimates of $184.24 million. Banner had a net margin of 22.81% and a return on equity of 10.44%. As a group, research analysts forecast that Banner will post 6.12 EPS for the current fiscal year.

Banner Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Thursday, November 5th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, November 5th. Banner’s payout ratio is presently 35.37%.

Institutional Investors Weigh In On Banner

Several institutional investors and hedge funds have recently added to or reduced their stakes in BANR. Nykredit A S bought a new position in shares of Banner in the 2nd quarter valued at about $28,000. Financial Life Planners acquired a new stake in shares of Banner in the first quarter valued at about $30,000. Public Employees Retirement System of Ohio bought a new stake in Banner during the second quarter worth about $36,000. Versant Capital Management Inc raised its holdings in Banner by 31.5% during the second quarter. Versant Capital Management Inc now owns 714 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 171 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in Banner by 342.4% during the second quarter. Allworth Financial LP now owns 845 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 654 shares in the last quarter. 87.33% of the stock is owned by institutional investors.

Key Banner News

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Management expects mid-single-digit loan growth into 2027, supporting a constructive outlook for net interest income and balance-sheet expansion. Banner expects mid-single-digit loan growth into 2027 while targeting 40% Bank of the Pacific cost synergies by mid-2027
• Positive Sentiment: Banner is targeting realization of approximately 40% of Bank of the Pacific cost synergies by mid-2027. Investors may view the merger as a source of future efficiency gains and earnings support, although integration remains an execution item. Banner Corp Earnings Call Shows Steady Core Strength
• Positive Sentiment: The company declared a quarterly dividend of $0.52 per share, or $2.08 annualized, representing a yield of roughly 3%. The payout reinforces BANR’s income appeal.
• Neutral Sentiment: Third-quarter net income was reported at approximately $47.7 million. Adjusted earnings of $1.51 per share exceeded some consensus estimates, though other services—including Zacks—showed a small estimate miss, making the earnings signal mixed. Banner Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
• Negative Sentiment: Quarterly revenue of about $179.1 million fell short of the roughly $184.2 million analyst expectation, limiting the upside from the earnings beat and highlighting continued pressure on revenue generation. Banner Bank reports sales below analyst estimates in Q3 2026 earnings

Banner Company Profile

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.