Banner (BANR) Projected to Post Quarterly Earnings on Wednesday

by · The Markets Daily

Banner (NASDAQ:BANR – Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 16th. Analysts expect Banner to post earnings of $1.35 per share and revenue of $167.96 million for the quarter.

Banner (NASDAQ:BANR – Get Free Report) last issued its earnings results on Wednesday, April 16th. The financial services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.06. The firm had revenue of $159.88 million for the quarter, compared to analysts’ expectations of $159.72 million. Banner had a net margin of 20.77% and a return on equity of 9.95%. During the same quarter last year, the company earned $1.22 earnings per share. On average, analysts expect Banner to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Banner Stock Up 1.0%

Shares of NASDAQ:BANR opened at $69.40 on Tuesday. The firm’s 50 day moving average price is $63.90 and its 200 day moving average price is $64.81. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 13.63 and a beta of 0.89. Banner has a fifty-two week low of $51.14 and a fifty-two week high of $78.05. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.24.

Banner Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Tuesday, April 29th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Tuesday, April 29th. Banner’s dividend payout ratio (DPR) is presently 37.72%.

Institutional Trading of Banner

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC grew its holdings in Banner by 582.8% during the 1st quarter. Jane Street Group LLC now owns 40,982 shares of the financial services provider’s stock valued at $2,613,000 after buying an additional 34,980 shares during the last quarter. Intech Investment Management LLC grew its holdings in Banner by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 24,505 shares of the financial services provider’s stock valued at $1,563,000 after buying an additional 8,050 shares during the last quarter. Royal Bank of Canada grew its holdings in 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 buying an additional 7,828 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Banner by 5.5% during 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 worth $7,427,000 after acquiring an additional 6,059 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position 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 acquiring an additional 4,877 shares during the last quarter. Institutional investors and hedge funds own 87.33% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on BANR shares. Raymond James Financial reissued an “outperform” rating and issued a $65.00 target price (down from $77.00) on shares of Banner in a report on Monday, April 21st. Stephens reaffirmed an “overweight” rating and set a $73.00 price target on shares of Banner in a research report on Monday, April 21st. Wall Street Zen lowered Banner from a “hold” rating to a “sell” rating in a research report on Thursday, May 29th. Janney Montgomery Scott raised Banner from a “neutral” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Monday, April 21st. Finally, Keefe, Bruyette & Woods cut their price target on Banner from $75.00 to $73.00 and set a “market perform” rating on the stock in a research report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.83.

Read Our Latest Analysis on Banner

About Banner

(Get Free Report)

Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans.

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