BANNER CORP (BANR)

62.38 0 (0%)

As of 2025-10-28 15:29:05 EST

Banner Bank is a Washington-chartered commercial bank headquartered in Walla Walla, Washington, with roots that date back to 1890. The bank provides services in commercial real estate, construction, residential, agricultural and consumer loans. It also provides community banking services through its branches and loan offices located in Washington, Oregon, Idaho and California.

Traded asNasdaq: BANR
ISINUS06652V2088
CIK0000946673
LEI
EIN911691604
SectorCommercial Banks
IndustryState Commercial Banks
CEOMark J. Grescovich
Employees2,000
Fiscal Year End1231
Address10 S FIRST AVENUE, WALLA WALLA, WA, 99362
Phone509-344-5342
Website
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
BANRBANNER CORP2025-10-28 15:29:0562.3800
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
BANR0000946673BANNER CORPUS06652V2088911691604Nasdaq6022State Commercial Banks1231WA10 S FIRST AVENUEWALLA WALLAWA99362UNITED STATESUS509-344-534210 S FIRST AVENUE, WALLA WALLA, WA, 9936210 S FIRST AVENUE, WALLA WALLA, WA, 99362FIRST WASHINGTON BANCORP INC /WA/Commercial Banks1890Mark J. Grescovich2,0001,685,017,63819,571,54834,584,502Banner Bank is a Washington-chartered commercial bank headquartered in Walla Walla, Washington, with roots that date back to 1890. The bank provides services in commercial real estate, construction, residential, agricultural and consumer loans. It also provides community banking services through its branches and loan offices located in Washington, Oregon, Idaho and California. 2025-10-23 13:49:46
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BANR Stock Price (End-of-Day)
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BANR Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20241,685,017,638206,132,97113.938434,459,832111,3770.3243
20231,478,884,667-423,663,353-22.268234,348,455154,3500.4514
20221,902,548,02054,271,2972.936334,194,105-58,527-0.1709
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Cynthia D. PurcellExecutive Vice President2024452,063354,817306,19344,3741,637,014
James M. CostaChief Risk Officer, Chief Operating Officer, Executive Vice President2024471,573342,282324,61860,6741,199,147
Mark J. GrescovichChief Executive Officer, President2024924,8211,176,809933,177147,4573,182,264
Robert G. ButterfieldChief Financial Officer, Executive Vice President2024426,499365,139270,52020,7641,082,922
Sherrey L. LuetjenExecutive Vice President, General Counsel2024390,015229,550207,78721,104848,457
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Employee Count
Fiscal YearEmployee Count
20192,198
20182,187
20172,128
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Income Statements
Fiscal Year202420232022
Revenue24,708,00022,497,00023,710,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses
Operating Income66,888,00044,409,00075,255,000
Net Income168,898,000183,624,000195,378,000
Earnings Per Share Basic4.95.355.7
Earnings Per Share Diluted4.885.335.67
Weighted Average Shares Outstanding Basic34,470,05734,344,14234,264,322
Weighted Average Shares Outstanding Diluted34,628,71034,450,41234,459,922
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents203,402,000209,634,000198,154,000
Marketable Securities Current3,651,0006,685,00019,371,000
Accounts Receivable
Inventories
Non Trade Receivables15,600,000529,0008,700,000
Other Assets Current
Total Assets Current
Marketable Securities Non Current19,325,00018,546,00026,852,000
Property Plant And Equipment124,589,000132,231,000138,754,000
Other Assets Non Current
Total Assets Non Current
Total Assets16,200,037,00015,670,391,00015,833,431,000
Accounts Payable
Deferred Revenue
Short Term Debt000
Other Liabilities Current
Total Liabilities Current
Long Term Debt
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities14,425,711,00014,017,700,00014,376,999,000
Common Stock1,307,509,0001,299,651,0001,293,959,000
Retained Earnings744,091,000642,175,000525,242,000
Accumulated Other Comprehensive Income-277,274,000-289,135,000-362,769,000
Total Shareholders Equity1,774,326,0001,652,691,0001,456,432,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization18,076,00017,873,00016,933,000
Share Based Compensation Expense10,031,0009,169,0008,870,000
Other Non Cash Income Expense
Change In Accounts Receivable
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets35,288,0008,968,00039,028,000
Change In Accounts Payable
Change In Other Liabilities13,566,00013,065,00034,244,000
Cash From Operating Activities293,187,000257,199,000238,051,000
Purchases Of Marketable Securities63,170,00058,173,000659,905,000
Sales Of Marketable Securities70,777,000368,945,000214,335,000
Acquisition Of Property Plant And Equipment13,747,00014,651,00014,724,000
Acquisition Of Business
Other Investing Activities-686,000-1,693,000-3,459,000
Cash From Investing Activities-371,170,000191,929,000-1,444,557,000
Tax Withholding For Share Based Compensation2,172,0003,476,0003,332,000
Payments Of Dividends66,982,00066,691,00060,898,000
Issuance Of Common Stock
Repurchase Of Common Stock0010,960,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt
Other Financing Activities-57,619,000-49,923,000
Cash From Financing Activities325,377,000-437,726,000-684,732,000
Change In Cash247,394,00011,402,000-1,891,238,000
Cash At End Of Period203,402,000209,634,000198,154,000
Income Taxes Paid24,194,00038,671,00024,885,000
Interest Paid224,808,000110,845,00018,583,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share4.95.355.7
Price To Earnings Ratio13.626510.011211.0877
Earnings Growth Rate-8.4112-6.1404-1.8933
Price Earnings To Growth Ratio-1.62-1.6304-5.8563
Book Value Per Share51.474448.121542.5058
Price To Book Ratio1.29711.1131.4869
Ebitda752,884,000365,735,000256,586,000
Enterprise Value
Dividend Yield0.02910.03630.0281
Dividend Payout Ratio0.39660.36320.3117
Debt To Equity Ratio
Capital Expenditures10,434,00011,350,0006,928,000
Free Cash Flow282,753,000245,849,000231,123,000
Return On Equity0.09520.11110.1341
One Year Beta1.17331.41920.6972
Three Year Beta0.90850.91931.2101
Five Year Beta1.22231.2141.1374
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Larsen Kenneth AExecutive VP, Banner Bank2025-09-112,133D23,090
Newman Scott S.Executive VP, Banner Bank2025-08-0170D3,768
Collingsworth Connie RDirector2025-08-0164A13,204
Copeland MargotDirector2025-08-0164A4,766
Klaue David ADirector2025-08-0164A134,944
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Campbell & CO Investment Adviser LLC2025-09-30870,88813,29665.5
Wilmington Savings Fund Society, FSB2025-09-302,8174365.5116
Versant Capital Management, Inc2025-09-3018,01327565.5018
Rosenthal | Henry Capital Advisors, Inc.2025-09-302,022,44330,87765.5
NEW YORK STATE TEACHERS RETIREMENT SYSTEM2025-09-30890,00013,58565.5134
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Fidelity Rutland Square Trust II2025-08-31Strategic Advisers U.S. Total Stock FundFSAKX206,84413,864,753.320.0169
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Series Total Market Index FundFCFMX48,1523,227,628.560.0037
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Total Market Index FundFSKAX63,5634,260,627.890.0037
FIDELITY SELECT PORTFOLIOS2025-08-31Banking PortfolioFSRBX139,2009,330,5762.0764
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Nasdaq Composite Index FundFNCMX20,0061,341,002.180.0064
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