Banner (NASDAQ:BANR) Announces Quarterly Earnings Results

Banner (NASDAQ:BANR) released its quarterly earnings data on Wednesday. The financial services provider reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21, Zacks reports. The business had revenue of $168.91 million during the quarter, compared to the consensus estimate of $169.60 million. Banner had a net margin of 23.24% and a return on equity of 10.86%.

Banner Price Performance

NASDAQ BANR opened at $67.76 on Friday. The company has a market cap of $2.30 billion, a PE ratio of 11.41 and a beta of 0.85. The firm’s 50 day moving average price is $61.60 and its 200-day moving average price is $62.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.86 and a current ratio of 0.86. Banner has a 52-week low of $57.05 and a 52-week high of $69.83.

Banner Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, May 5th. This is a positive change from Banner’s previous quarterly dividend of $0.50. Banner’s dividend payout ratio (DPR) is currently 35.46%.

Analysts Set New Price Targets

BANR has been the subject of several recent analyst reports. Piper Sandler dropped their target price on Banner from $67.00 to $63.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Weiss Ratings raised Banner from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 9th. Finally, Wall Street Zen raised Banner from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $69.00.

Trending Headlines about Banner

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Q1 EPS beat — Banner reported $1.59 EPS, topping consensus (~$1.37–$1.38) by about $0.22, signaling stronger profitability than analysts expected. Banner (BANR) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Dividend hike — The board raised the quarterly dividend to $0.52 (a 4.0% increase versus prior quarter), producing roughly a 3.1% yield and an ex-dividend date of May 5; dividend increases tend to support investor demand. Banner Posts Strong Q1 2026 Results, Hikes Dividend
• Positive Sentiment: Solid profitability and cash earnings — Q1 net income (~$54.7M reported) and metrics such as a ~10.5% ROE and ~22% net margin point to healthy profitability and capital returns. Compared to Estimates, Banner (BANR) Q1 Earnings: A Look at Key Metrics
• Neutral Sentiment: Revenue essentially in line — Quarterly revenue was $168.91M versus consensus ~$169.6M, so top-line performance was roughly flat to expectations (not a meaningful beat). Banner Bank (BANR) Posts Q1 CY2026 Sales In Line With Estimates
• Neutral Sentiment: Earnings call and transcripts available — Management commentary in the Q1 call may provide color on loan/deposit trends, net interest margin and capital deployment; investors should review the call for any guidance or forward-looking comments. Banner Corporation (BANR) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Coverage and dividend-focused commentary — Recent analyst pieces discuss Banner as a dividend-paying regional bank with steady earnings growth; these narratives can attract income-oriented investors but may limit trading volatility. Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Top-line softness could cap upside — Revenue slightly missed/was flat to consensus, which may limit further multiple expansion absent clearer loan/deposit growth or margin improvement. Banner Q1 2026 Press Release (slide deck)

Institutional Investors Weigh In On Banner

A number of hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in shares of Banner by 54.7% during the first quarter. Royal Bank of Canada now owns 22,128 shares of the financial services provider’s stock worth $1,412,000 after purchasing an additional 7,828 shares during the period. AQR Capital Management LLC increased its holdings in Banner by 19.6% in the 1st quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider’s stock worth $1,895,000 after buying an additional 4,877 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Banner by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,422 shares of the financial services provider’s stock worth $1,302,000 after buying an additional 891 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Banner during the 1st quarter worth approximately $248,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Banner by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,471 shares of the financial services provider’s stock valued at $7,427,000 after acquiring an additional 6,059 shares during the period. 87.33% of the stock is currently owned by hedge funds and other institutional investors.

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.