Banner Corporation

Company Profile

Banner Corporation had its IPO on 1995-08-24 under the ticker symbol BANR.

The company operates in the Financial Services sector and Banks-Regional industry. Banner Corporation has a staff strength of 1,931 employees.

Stock update

Shares of Banner Corporation opened at $43.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.33 - $43.98, and closed at $43.67.

This is a +0.53% increase from the previous day's closing price.

A total volume of 126,459 shares were traded at the close of the day’s session.

In the last one week, shares of Banner Corporation have slipped by -2.22%.

Banner Corporation's Key Ratios

Banner Corporation has a market cap of $1.57 billion, indicating a price to book ratio of 1.6053 and a price to sales ratio of 3.5352.

In the last 12-months Banner Corporation’s revenue was $636.14 million with a gross profit of $618.07 million and an EBITDA of $0. The EBITDA ratio measures Banner Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Banner Corporation’s operating margin was 41.98% while its return on assets stood at 1.28% with a return of equity of 13.37%.

In Q1, Banner Corporation’s quarterly earnings growth was a positive 26.8% while revenue growth was a positive 12.5%.

Banner Corporation’s PE and PEG Ratio

Forward PE

10.582

Trailing PE

7.1293

PEG

2.18

Its diluted EPS in the last 12-months stands at $6.42 per share while it has a forward price to earnings multiple of 10.582 and a PEG multiple of 2.18. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Banner Corporation’s profitability.

Banner Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.5352.

Banner Corporation stock pays annual dividends of $1.8 per share, indicating a yield of 4.29% and a payout ratio of 31.78%.

Balance sheet and cash flow metrics

Total Assets

$15.53 billion

Total Liabilities

$52.77 million

Operating Cash Flow

$308.81 million

Capital Expenditure

$1.98 million

Dividend Payout Ratio

31.78%

Banner Corporation ended 2024 with $15.53 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $15.53 billion while shareholder equity stood at $1.53 billion.

Banner Corporation ended 2024 with $45.30 million in deferred long-term liabilities, $52.77 million in other current liabilities, 1293225000.00 in common stock, $564.11 million in retained earnings and $373.12 million in goodwill. Its cash balance stood at $242.99 million and cash and short-term investments were $2.90 billion. The company’s total short-term debt was $52,772,000 while long-term debt stood at $558.31 million.

Banner Corporation’s total current assets stands at $2.95 billion while long-term investments were $3.79 billion and short-term investments were $2.65 billion. Its net receivables were $52.09 million compared to accounts payable of $191.33 million and inventory worth $0.

In 2024, Banner Corporation's operating cash flow was $308.81 million while its capital expenditure stood at $1.98 million.

Comparatively, Banner Corporation paid $0.32 in dividends in 2024.

Other key metrics

Current Trading Price

$43.67

52-Week High

$74.4367

52-Week Low

$41.57

Analyst Target Price

$59.5

Banner Corporation stock is currently trading at $43.67 per share. It touched a 52-week high of $74.4367 and a 52-week low of $74.4367. Analysts tracking the stock have a 12-month average target price of $59.5.

Its 50-day moving average was $45.26 and 200-day moving average was $52.58 The short ratio stood at 4.08 indicating a short percent outstanding of 0%.

Around 146.1% of the company’s stock are held by insiders while 8666.9% are held by institutions.