DA Davidson Estimates Banner’s FY2025 Earnings (NASDAQ:BANR)

Banner Co. (NASDAQ:BANR) – Analysts at DA Davidson raised their FY2025 EPS estimates for Banner in a research note issued on Friday, January 24th. DA Davidson analyst J. Rulis now expects that the financial services provider will post earnings per share of $5.40 for the year, up from their prior estimate of $4.96. DA Davidson has a “Neutral” rating and a $76.00 price objective on the stock. The consensus estimate for Banner’s current full-year earnings is $4.89 per share.

BANR has been the subject of several other research reports. Raymond James upped their target price on shares of Banner from $62.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 2nd. Piper Sandler set a $67.00 price target on shares of Banner in a report on Thursday, October 17th. Keefe, Bruyette & Woods upped their price objective on shares of Banner from $69.00 to $81.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens reaffirmed an “overweight” rating and set a $82.00 price objective on shares of Banner in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $74.20.

Banner Price Performance

BANR opened at $71.35 on Monday. Banner has a 1 year low of $42.00 and a 1 year high of $78.05. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.85 and a quick ratio of 0.84. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 14.62 and a beta of 1.09. The firm’s fifty day moving average price is $70.28 and its two-hundred day moving average price is $63.96.

Banner (NASDAQ:BANR) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.11. Banner had a net margin of 20.28% and a return on equity of 10.11%.

Banner Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Tuesday, February 4th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, February 4th. Banner’s payout ratio is 39.34%.

Insider Buying and Selling

In related news, VP James P.G. Mclean sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $75.63, for a total value of $113,445.00. Following the transaction, the vice president now directly owns 21,868 shares in the company, valued at approximately $1,653,876.84. This represents a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BANR. USA Financial Formulas bought a new position in Banner during the fourth quarter valued at approximately $32,000. Financial Life Planners bought a new stake in Banner in the fourth quarter valued at approximately $32,000. US Bancorp DE boosted its stake in shares of Banner by 287.1% during the third quarter. US Bancorp DE now owns 1,436 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 1,065 shares during the period. KBC Group NV grew its holdings in shares of Banner by 46.0% in the fourth quarter. KBC Group NV now owns 1,656 shares of the financial services provider’s stock worth $111,000 after purchasing an additional 522 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Banner by 19.5% in the third quarter. CWM LLC now owns 2,275 shares of the financial services provider’s stock worth $136,000 after buying an additional 371 shares during the period. 87.33% of the stock is currently owned by institutional investors.

Banner Company Profile

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.