Shares of Banner Corporation (NASDAQ:BANR – Get Free Report) have earned a consensus rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $71.00.
Several equities research analysts recently commented on the stock. Benchmark started coverage on shares of Banner in a research report on Wednesday, July 8th. They issued a “hold” rating on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Banner from $73.00 to $75.00 and gave the stock a “market perform” rating in a research report on Monday, May 18th. Weiss Ratings raised shares of Banner from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. Piper Sandler increased their price target on shares of Banner from $63.00 to $67.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Finally, DA Davidson reissued a “neutral” rating and set a $72.00 price objective on shares of Banner in a research note on Monday, May 4th.
Get Our Latest Stock Report on BANR
Banner Stock Performance
Banner (NASDAQ:BANR – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The financial services provider reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.02). Banner had a net margin of 23.24% and a return on equity of 10.77%. The firm had revenue of $172.11 million during the quarter, compared to analyst estimates of $174.54 million. Sell-side analysts forecast that Banner will post 6.17 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Banner
A number of large investors have recently bought and sold shares of BANR. Kemnay Advisory Services Inc. acquired a new position in shares of Banner in the fourth quarter worth $31,000. Financial Life Planners acquired a new stake in shares of Banner during the first quarter valued at $30,000. Aquatic Capital Management LLC purchased a new stake in Banner during the 3rd quarter worth about $36,000. EverSource Wealth Advisors LLC acquired a new position in Banner in the 2nd quarter valued at about $45,000. Finally, Versant Capital Management Inc lifted its holdings in Banner by 31.5% in the 2nd quarter. Versant Capital Management Inc now owns 714 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 171 shares in the last quarter. Institutional investors and hedge funds own 87.33% of the company’s stock.
Key Stories Impacting Banner
Here are the key news stories impacting Banner this week:
- Positive Sentiment: Banner declared a quarterly cash dividend of $0.52 per share, which should support income-focused investors and signals continued confidence in capital strength. Banner Corporation Reports Net Income of $48.9 Million, or $1.43 Per Diluted Share, for Second Quarter 2026; Declares Quarterly Cash Dividend of $0.52 Per Share
- Positive Sentiment: The bank still delivered net income of $48.9 million and continued year-over-year earnings growth, showing the core business remains profitable despite a softer quarter. Banner Corporation Reports Net Income of $48.9 Million, or $1.43 Per Diluted Share, for Second Quarter 2026; Declares Quarterly Cash Dividend of $0.52 Per Share
- Neutral Sentiment: Banner’s quarterly earnings of $1.43–$1.44 per share were close to analyst estimates, but revenue of $172.1 million also came in slightly below forecasts, making the report mixed overall. Banner Bank (NASDAQ:BANR) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
- Negative Sentiment: Several reports highlighted that Banner missed Wall Street’s earnings and revenue expectations, which likely weighed on sentiment and explains the stock’s weakness after the announcement. What To Expect From Banner Corp (BANR) Q2 2026 Earnings
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.
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