Banner (NASDAQ:BANR) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Banner (NASDAQ:BANR) issued its quarterly earnings data on Wednesday. The financial services provider reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.02), Zacks reports. The business had revenue of $172.11 million for the quarter, compared to the consensus estimate of $174.54 million. Banner had a net margin of 23.24% and a return on equity of 10.77%.

Banner Trading Down 1.6%

Shares of NASDAQ:BANR opened at $69.62 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.86. The stock’s 50-day moving average is $66.38 and its 200-day moving average is $64.10. The company has a market cap of $2.36 billion, a P/E ratio of 11.72 and a beta of 0.83. Banner has a 52-week low of $57.05 and a 52-week high of $72.65.

Banner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Tuesday, August 4th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, August 4th. Banner’s dividend payout ratio is 35.02%.

Wall Street Analysts Forecast Growth

BANR has been the subject of several analyst reports. Benchmark started coverage on shares of Banner in a research note on Wednesday, July 8th. They issued a “hold” rating for the company. Weiss Ratings raised Banner from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. Piper Sandler upped their price target on Banner from $63.00 to $67.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Keefe, Bruyette & Woods increased their price objective on Banner from $73.00 to $75.00 and gave the company a “market perform” rating in a report on Monday, May 18th. Finally, DA Davidson reissued a “neutral” rating and issued a $72.00 price objective on shares of Banner in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $71.00.

Key Banner News

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

Institutional Trading of Banner

Several hedge funds have recently added to or reduced their stakes in BANR. Kemnay Advisory Services Inc. bought a new position in Banner in the 4th quarter worth approximately $31,000. Aquatic Capital Management LLC bought a new position in Banner during the third quarter valued at about $36,000. EverSource Wealth Advisors LLC bought a new position in Banner during the second quarter valued at about $45,000. US Bancorp DE raised its holdings in Banner by 8.9% in the 3rd quarter. US Bancorp DE now owns 2,154 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 176 shares in the last quarter. Finally, CIBC Asset Management Inc acquired a new position in Banner in the 4th quarter valued at approximately $210,000. Institutional investors own 87.33% of the company’s stock.

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.