Brokerages Set Banner Corporation (NASDAQ:BANR) Target Price at $71.00

Shares of Banner Corporation (NASDAQ:BANR) have been given an average rating of “Hold” by the six research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $71.00.

BANR has been the subject of a number of research analyst reports. Benchmark assumed coverage on Banner in a research note on Wednesday, July 8th. They issued a “hold” rating for the company. Weiss Ratings upgraded Banner from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Keefe, Bruyette & Woods upped their price objective on shares of Banner from $73.00 to $75.00 and gave the company a “market perform” rating in a report on Monday, May 18th. DA Davidson reaffirmed a “neutral” rating and issued a $72.00 price objective on shares of Banner in a research report on Monday, May 4th. Finally, Wall Street Zen cut shares of Banner from a “hold” rating to a “sell” rating in a research note on Saturday.

Institutional Investors Weigh In On Banner

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC increased its position in shares of Banner by 836.0% in the 4th quarter. SG Americas Securities LLC now owns 22,605 shares of the financial services provider’s stock valued at $1,416,000 after acquiring an additional 20,190 shares during the period. Sovran Advisors LLC acquired a new stake in Banner during the 4th quarter worth about $1,147,000. UBS Group AG lifted its position in Banner by 241.2% during the 4th quarter. UBS Group AG now owns 454,807 shares of the financial services provider’s stock worth $28,498,000 after acquiring an additional 321,522 shares during the period. Vanguard Group Inc. lifted its position in Banner by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 3,837,199 shares of the financial services provider’s stock worth $240,439,000 after acquiring an additional 44,249 shares during the period. Finally, Deprince Race & Zollo Inc. grew its stake in Banner by 93.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 488,295 shares of the financial services provider’s stock valued at $30,597,000 after purchasing an additional 236,394 shares during the last quarter. 87.33% of the stock is currently owned by institutional investors and hedge funds.

Banner Stock Performance

Shares of BANR opened at $70.29 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26. The firm has a market cap of $2.39 billion, a PE ratio of 11.60 and a beta of 0.83. Banner has a 12 month low of $57.05 and a 12 month high of $72.65. The stock has a fifty day moving average price of $66.63 and a 200-day moving average price of $64.18.

Banner (NASDAQ:BANR) last announced 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 return on equity of 10.72% and a net margin of 23.55%.The business had revenue of $172.11 million for the quarter, compared to analysts’ expectations of $174.54 million. Equities research analysts predict that Banner will post 6.17 earnings per share for the current fiscal year.

Banner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Tuesday, August 4th will be paid a dividend of $0.52 per share. The ex-dividend date is Tuesday, August 4th. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. Banner’s dividend payout ratio is presently 34.32%.

Banner News Summary

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Banner said it expects mid-single-digit loan growth in 2026, which suggests continued balance-sheet expansion and improving operating momentum. The company also said it expects its Bank of the Pacific acquisition to close in Q3, adding to the growth story. Article Title
• Positive Sentiment: Management’s earnings-call commentary emphasized strong loan growth and a boost in core earnings, which likely reassured investors that underlying profitability remains healthy despite near-term pressure. Article Title
• Positive Sentiment: Banner declared a quarterly dividend of $0.52 per share, reinforcing capital return to shareholders and supporting the stock’s income appeal. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares outstanding and no meaningful change, so this does not appear to be a factor driving the stock today.
• Negative Sentiment: Quarterly results missed analyst estimates, with EPS of $1.44 versus expectations around $1.46-$1.47, and revenue also came in slightly below forecasts. That limits upside and may temper enthusiasm around the earnings report. Article Title

Banner Company Profile

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.