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BANR logoBanner Corporation(BANR)Earnings, Financials & Key Ratios

BANR•NASDAQ•Banking & Credit
$64.98
$2.2B mkt cap·11.5× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommunity and retail regional banks
AboutBanner Corporation operates as the bank holding company for Banner Bank that provide 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. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans, as well as small business administration loans. Further, the company provides electronic and digital banking services. As of December 31, 2021, it operated 150 branch offices and 18 loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.Show more
  • Net Interest Income$588M+8.5%
  • Total Revenue$819M-0.9%
  • Net Income$195M+15.7%
  • Return on Equity10.5%+6.6%
  • Net Interest Margin3.59%+7.5%
  • Efficiency Ratio49.59%+6.3%
  • ROA1.2%+13.2%
  • Equity / Assets11.9%+8.7%
  • Book Value per Share56.56+10.4%
  • Tangible BV/Share45.68+13.1%
  • Debt/Equity0.19-44.0%
Technical→

BANR Key Insights

Banner Corporation (BANR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong NIM of 3.6%
  • ✓Efficient operations: 49.6% efficiency ratio
  • ✓Well capitalized: 11.9% equity/assets
  • ✓Healthy dividend yield of 3.0%
  • ✓Trading at only 1.1x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

BANR Price & Volume

Banner Corporation (BANR) stock price & volume — 10-year historical chart

Loading chart...

BANR Growth Metrics

Banner Corporation (BANR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.04%
5 Years5.18%
3 Years8.41%
TTM-

Profit CAGR

10 Years15.76%
5 Years11%
3 Years0%
TTM15.68%

EPS CAGR

10 Years11.55%
5 Years11.59%
3 Years-0.18%
TTM15.57%

Return on Capital

10 Years9.64%
5 Years10.69%
3 Years9.73%
Last Year10.12%

BANR Recent Earnings

Banner Corporation (BANR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 22, 2026
EPS
$1.59
Est $1.38
+15.2%
Revenue
$169M
Est $170M
-0.4%
Q1 2026
Jan 21, 2026
EPS
$1.55
Est $1.46
+6.2%
Revenue
$172M
Est $173M
-0.5%
Q4 2025
Oct 15, 2025
EPS
$1.52
Est $1.40
+8.6%
Revenue
$171M
Est $172M
-0.5%
Q3 2025
Jul 16, 2025
EPS
$1.35
Est $1.32
+2.3%
Revenue
$162M
Est $172M
-5.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$1.59vs $1.38+15.2%
$169Mvs $170M-0.4%
Q1 2026Jan 21, 2026
$1.55vs $1.46+6.2%
$172Mvs $173M-0.5%
Q4 2025Oct 15, 2025
$1.52vs $1.40+8.6%
$171Mvs $172M-0.5%
Q3 2025Jul 16, 2025
$1.35vs $1.32+2.3%
$162Mvs $172M-5.5%
Based on last 12 quarters of dataView full earnings history →

BANR Peer Comparison

Banner Corporation (BANR) competitors in Community and retail regional banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
COLB logoCOLBColumbia Banking System, Inc.Direct Competitor7.07B29.7112.928.35%17.11%8.39%9.98%0.51
WAFD logoWAFDWaFd, Inc.Direct Competitor2.71B35.5113.50-1.58%16.03%8.02%7.67%0.60
HFWA logoHFWAHeritage Financial CorporationDirect Competitor935.61M27.5214.045.92%20.1%7.51%9.16%0.05
NWBI logoNWBINorthwest Bancshares, Inc.Direct Competitor2.05B14.0315.2516.3%14.37%7.18%6.91%0.24
GBCI logoGBCIGlacier Bancorp, Inc.Direct Competitor6.33B48.6724.4614.48%16.77%6.53%5.49%0.69
CVBF logoCVBFCVB Financial Corp.Direct Competitor2.79B20.5413.51-2.33%32.53%9.25%7.79%0.43
BOKF logoBOKFBOK Financial CorporationProduct Competitor10.38B134.7616.5610.4%15.57%8.91%13.78%0.80
WTFC logoWTFCWintrust Financial CorporationProduct Competitor10.08B150.4613.026.66%19.48%11.35%9.03%0.62

Compare BANR vs Peers

Banner Corporation (BANR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs COLB

Most directly comparable listed peer for BANR.

Scale Benchmark

vs ICE

Larger-name benchmark to compare BANR against a more recognizable public peer.

Peer Set

Compare Top 5

vs COLB, WAFD, HFWA, NWBI

BANR Income Statement

Banner Corporation (BANR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income393.03M430.99M468.92M481.3M496.89M553.18M576M541.72M587.92M
NII Growth %4.79%9.66%8.8%2.64%3.24%11.33%4.13%-5.95%8.53%
Net Interest Margin %4.03%3.63%3.72%3.2%2.96%3.49%3.68%3.34%3.59%
Interest Income412.28M463.65M525.69M519.15M520.5M572.57M701.57M766.1M804.95M
Interest Expense19.25M32.66M56.77M37.84M23.61M19.39M125.57M224.39M217.04M
Loan Loss Provision8M8.5M10M67.88M-33.39M10.36M10.79M7.58M-45.26M
Non-Interest Income76.06M86.51M93.88M117.37M110.27M70.57M40.12M61.23M14.54M
Non-Interest Income %15.58%15.72%15.15%18.44%17.48%10.97%5.41%7.4%1.77%
Total Revenue
488.34M▲ 0%
550.15M▲ 12.7%
619.57M▲ 12.6%
636.51M▲ 2.7%
630.77M▼ 0.9%
643.14M▲ 2.0%
741.69M▲ 15.3%
827.33M▲ 11.5%
819.49M▼ 0.9%
Revenue Growth %3.41%12.66%12.62%2.74%-0.9%1.96%15.32%11.55%-0.95%
Non-Interest Expense309.83M343.88M369.67M388.34M393.96M372.61M378.25M385.88M406.35M
Efficiency Ratio63.45%62.51%59.67%61.01%62.46%57.94%51%46.64%49.59%
Operating Income
151.26M▲ 0%
165.11M▲ 9.2%
183.13M▲ 10.9%
142.45M▼ 22.2%
246.59M▲ 73.1%
240.78M▼ 2.4%
227.09M▼ 5.7%
209.49M▼ 7.8%
241.35M▲ 15.2%
Operating Margin %30.97%30.01%29.56%22.38%39.09%37.44%30.62%25.32%29.45%
Operating Income Growth %16.68%9.15%10.92%-22.21%73.11%-2.36%-5.68%-7.75%15.21%
Pretax Income
151.26M▲ 0%
165.11M▲ 9.2%
183.13M▲ 10.9%
142.45M▼ 22.2%
246.59M▲ 73.1%
240.78M▼ 2.4%
227.09M▼ 5.7%
209.49M▼ 7.8%
238.91M▲ 14.0%
Pretax Margin %30.97%30.01%29.56%22.38%39.09%37.44%30.62%25.32%29.15%
Income Tax90.49M28.59M36.85M26.52M45.55M45.4M43.46M40.59M43.53M
Effective Tax Rate %59.82%17.32%20.12%18.62%18.47%18.85%19.14%19.37%18.22%
Net Income
60.78M▲ 0%
136.51M▲ 124.6%
146.28M▲ 7.2%
115.93M▼ 20.7%
201.05M▲ 73.4%
195.38M▼ 2.8%
183.62M▼ 6.0%
168.9M▼ 8.0%
195.38M▲ 15.7%
Net Margin %12.45%24.81%23.61%18.21%31.87%30.38%24.76%20.41%23.84%
Net Income Growth %-28.82%124.62%7.15%-20.75%73.42%-2.82%-6.02%-8.02%15.68%
Net Income (Continuing)60.78M136.51M146.28M115.93M201.05M195.38M183.62M168.9M195.38M
EPS (Diluted)
1.84▲ 0%
4.15▲ 125.5%
4.18▲ 0.7%
3.26▼ 22.0%
5.76▲ 76.7%
5.67▼ 1.6%
5.33▼ 6.0%
4.88▼ 8.4%
5.64▲ 15.6%
EPS Growth %-26.98%125.54%0.72%-22.01%76.69%-1.56%-6%-8.44%15.57%
EPS (Basic)1.854.164.203.295.815.705.354.905.67
Diluted Shares Outstanding32.99M32.89M34.97M35.53M34.92M34.46M34.45M34.63M34.41M

BANR Balance Sheet

Banner Corporation (BANR) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments1.18B1.91B1.86B3.56B5.77B3.03B254.46M525.14M225.67M
Cash & Due from Banks261.2M272.2M307.74M1.23B2.13B243.06M254.46M501.86M182.77M
Short Term Investments919.49M1.64B1.55B2.32B3.64B2.79B023.29M42.9M
Total Investments8.73B10.63B11.2B12.69B13.21B13.97B14.1B14.34B14.5B
Investments Growth %0.51%21.75%5.39%13.29%4.08%5.75%0.97%1.65%1.11%
Long-Term Investments7.81B8.99B9.65B10.37B9.57B11.18B14.1B14.31B14.45B
Accounts Receivables31.26M38.59M37.96M46.62M42.92M57.28M63.1M60.88M60.52M
Goodwill & Intangibles265.31M372.08M402.28M394.55M387.98M382.56M378.81M376.18M374.61M
Goodwill242.66M339.15M373.12M373.12M373.12M373.12M373.12M373.12M373.12M
Intangible Assets22.66M32.92M29.16M21.43M14.86M9.44M5.68M3.06M1.49M
PP&E (Net)154.81M171.81M178.01M219.92M204.02M188.04M175.96M164.59M144.26M
Other Assets248.86M312.04M415.51M378.81M755.46M815.62M539.88M610.44M1.1B
Total Current Assets1.21B1.95B1.9B3.6B5.82B3.09B317.56M586.03M286.2M
Total Non-Current Assets8.55B9.92B10.71B11.43B10.99B12.74B15.35B15.61B16.07B
Total Assets
9.76B▲ 0%
11.87B▲ 21.6%
12.6B▲ 6.2%
15.03B▲ 19.3%
16.8B▲ 11.8%
15.83B▼ 5.8%
15.67B▼ 1.0%
16.2B▲ 3.4%
16.35B▲ 1.0%
Asset Growth %-0.31%21.59%6.17%19.26%11.8%-5.78%-1.03%3.38%0.95%
Return on Assets (ROA)0.62%1.26%1.2%0.84%1.26%1.2%1.17%1.06%1.2%
Accounts Payable000000000
Total Debt194.77M773.27M687.78M609.3M592.63M511.81M713.8M606.48M372.62M
Net Debt-66.43M501.08M380.04M-624.88M-1.54B268.75M459.34M104.63M189.85M
Long-Term Debt98.91M654.28M569.3M365.18M268.38M223.8M482.26M437.75M229.15M
Short-Term Debt95.86M119M118.47M184.78M264.49M232.8M182.88M125.26M107.72M
Other Liabilities41.04M40.34M45.69M45.46M46.68M44.29M274.4M304.83M0
Total Current Liabilities8.35B9.7B10.4B12.9B14.74B14.05B13.21B13.64B14.14B
Total Non-Current Liabilities139.95M694.62M614.99M469.98M374.82M323.3M805.33M786.06M264.91M
Total Liabilities8.49B10.39B11.01B13.37B15.11B14.38B14.02B14.43B14.41B
Total Equity
1.27B▲ 0%
1.48B▲ 16.2%
1.59B▲ 7.8%
1.67B▲ 4.5%
1.69B▲ 1.4%
1.46B▼ 13.8%
1.65B▲ 13.5%
1.77B▲ 7.4%
1.95B▲ 9.7%
Equity Growth %-2.53%16.18%7.81%4.53%1.44%-13.84%13.48%7.36%9.69%
Equity / Assets (Capital Ratio)13.03%12.46%12.65%11.09%10.06%9.2%10.55%10.95%11.9%
Return on Equity (ROE)4.71%9.92%9.52%7.11%11.98%12.42%11.81%9.86%10.5%
Book Value per Share38.5844.9545.5946.9048.4142.2647.9751.2456.56
Tangible BV per Share30.5433.6434.0835.7937.3031.1636.9840.3845.68
Common Stock1.19B1.34B1.37B1.35B1.3B1.29B1.3B1.31B1.28B
Additional Paid-in Capital000000000
Retained Earnings90.53M134.06M186.84M247.32M390.76M525.24M642.17M744.09M871.8M
Accumulated OCI-5.04M7.1M33.26M69.07M184K-362.77M-289.13M-277.27M-208.01M
Treasury Stock000000000
Preferred Stock000000000

BANR Cash Flow Statement

Banner Corporation (BANR) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations346.7M30.77M149.61M125.39M301.58M238.05M257.2M293.19M257.46M
Operating CF Growth %557.28%-91.12%386.14%-16.19%140.52%-21.06%8.04%13.99%-12.18%
Net Income60.78M136.51M146.28M115.93M201.05M195.38M183.62M168.9M51.25M
Depreciation & Amortization20.95M21.28M25.43M25.86M23.92M22.21M21.63M20.7M14.14M
Deferred Taxes53.3M440K7.9M-16.16M12.71M15.87M-1.66M7.06M4.74M
Other Non-Cash Items202.09M-135.47M-32.56M13.76M63.52M501K40.34M108.22M196.06M
Working Capital Changes3.63M1.46M-4.58M-23.17M-8.88M-4.78M4.1M-21.72M-26.22M
Cash from Investing-393.29M-976.22M-143.11M-1.45B-1.02B-1.44B191.93M-371.17M-224.74M
Purchase of Investments-844.74M-923.56M-332.35M-2.64B-2.95B-850.55M-58.17M-63.17M-54.17M
Sale/Maturity of Investments721.46M421.21M458.56M1.72B1.44B639.39M600.41M369.86M86.61M
Net Investment Activity-123.28M-502.35M126.2M-923.43M-1.51B-211.16M542.23M306.69M32.44M
Acquisitions113.22M-1.57M26.94M00-168.14M000
Other Investing-370.99M-449.2M-271.56M-518.39M505.25M-1.05B-335.65M-664.11M-253.82M
Cash from Financing60.07M956.44M29.04M2.26B1.61B-684.73M-437.73M325.38M-111.94M
Dividends Paid-65.76M-59.28M-56.07M-94.08M-57.62M-61.08M-66.77M-66.73M-67.53M
Share Repurchases-31.05M-34.4M-53.92M-31.77M-56.53M-10.96M-3.48M-2.17M-34.99M
Stock Issued000000000
Net Stock Activity-31.05M-34.4M-53.92M-31.77M-56.53M-10.96M-3.48M-2.17M-34.99M
Debt Issuance (Net)-1000K1000K-1000K-1000K-1000K-1000K1000K-1000K-1000K
Other Financing220.7M502.26M270.71M2.52B1.76B-532M-590.56M484.9M228.62M
Net Change in Cash
13.48M▲ 0%
11M▼ 18.4%
35.54M▲ 223.2%
926.45M▲ 2506.8%
900.12M▼ 2.8%
-1.89B▼ 310.1%
11.4M▲ 100.6%
247.39M▲ 2069.7%
-432.85M▼ 275.0%
Exchange Rate Effect00000000-353.64M
Cash at Beginning247.72M261.2M272.2M307.74M1.23B2.13B243.06M254.46M501.86M
Cash at End261.2M272.2M307.74M1.23B2.13B243.06M254.46M501.86M69M
Interest Paid18.88M28.1M58.24M40.94M24.28M18.58M110.84M224.81M164.39M
Income Taxes Paid35.5M21.66M27.33M39.67M29.02M24.89M38.67M24.19M23.09M
Free Cash Flow
334.46M▲ 0%
7.68M▼ 97.7%
124.91M▲ 1526.2%
112.58M▼ 9.9%
291.08M▲ 158.6%
223.33M▼ 23.3%
242.55M▲ 8.6%
279.44M▲ 15.2%
247.95M▼ 11.3%
FCF Growth %463.32%-97.7%1526.21%-9.87%158.55%-23.28%8.61%15.21%-11.27%

BANR Banking Ratios

Banner Corporation (BANR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)6.55%4.71%9.92%9.52%7.11%11.98%12.42%11.81%9.86%10.5%
Return on Assets (ROA)0.87%0.62%1.26%1.2%0.84%1.26%1.2%1.17%1.06%1.2%
Net Interest Margin3.83%4.03%3.63%3.72%3.2%2.96%3.49%3.68%3.34%3.59%
Efficiency Ratio67.8%63.45%62.51%59.67%61.01%62.46%57.94%51%46.64%49.59%
Equity / Assets13.33%13.03%12.46%12.65%11.09%10.06%9.2%10.55%10.95%11.9%
Book Value / Share38.5738.5844.9545.5946.948.4142.2647.9751.2456.56
NII Growth54.81%4.79%9.66%8.8%2.64%3.24%11.33%4.13%-5.95%8.53%
Dividend Payout33.12%108.2%43.42%38.33%81.15%28.66%31.26%36.36%39.51%34.56%

BANR SEC Filings & Documents

Banner Corporation (BANR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Mar 2, 2026·SEC

Material company update

Jan 21, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

FY 2025

May 6, 2025·SEC

BANR Frequently Asked Questions

Banner Corporation (BANR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Banner Corporation (BANR) saw revenue decline by 0.9% over the past year.

Yes, Banner Corporation (BANR) is profitable, generating $195.4M in net income for fiscal year 2025 (23.8% net margin).

Dividend & Returns

Yes, Banner Corporation (BANR) pays a dividend with a yield of 3.02%. This makes it attractive for income-focused investors.

Banner Corporation (BANR) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.

Industry Metrics

Banner Corporation (BANR) has a net interest margin (NIM) of 3.6%. This indicates healthy earnings from lending activities.

Banner Corporation (BANR) has an efficiency ratio of 49.6%. This is excellent, indicating strong cost control.

Explore More BANR

Banner Corporation (BANR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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