Pricing Log in Create free account
Friday 6 November 2026 Export BANR’s income statement to Excel — free account

Banner Corporation

BANR Financial Banks Regional

Banner Corporation’s revenue for fiscal 2025 (year ended December 2025) was $877.8 million, up 5.38% from fiscal 2024.

Revenue
+1.50%
EPS
−11.6%
Free cash flow
−40.6%
Total debt
−35.2%

Quarter to September 2026, against a year earlier

70.09 1.82 −2.53%
Market cap
$2.6B
P/E
11.8×
Fwd P/E
11.7×
Dividend yield
2.94%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 2,560.00
Revenue ttm 888.06
Net income ttm 202.56
Free cash flow ttm 243.43
Net debt Q (365.73)
Valuation
P/E 11.84
Forward P/E 11.70
Price / sales 2.75
Forward P/S Powerpack
Price / FCF 10.04
Price / book 1.14
Financial health
Current ratio Q 0.86
Debt / equity Q 0.09
Interest coverage Q —
Growth
Revenue growth Q +1.50% (above 0%: growing)
Operating income growth Q −3.14% (below 0%: shrinking)
EPS, this year +4.66%
EPS, next year A +12.27%
Revenue, next year A −17.87% (below 0%: weak)
EPS, past 5 yrs +11.59%
EPS, next 5 yrs A +8.15%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 43.49%
10-year low 10-year high
P/S against its own 10 years 37.51%
10-year low 10-year high
P/B against its own 10 years 36.71%
10-year low 10-year high

Dividends raised 2 years running

Yield
2.94%
Annual rate
2.06
Payout ratio
35.0%
Growth, 2018–26
+9.73%/yr
  1. 0.98 ’18
  2. 1.61 ’19 +64
  3. 1.64 ’20 +2
  4. 1.64 ’21 +0
  5. 1.76 ’22 +7
  6. 1.92 ’23 +9
  7. 1.92 ’24 +0
  8. 1.94 ’25 +1
  9. 2.06 ’26 +6
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 254 502 423 558
Receivables — — — —
Inventory — — — —
Other — — — —
10,990 11,794 12,087 13,487
2023 2024 2025 Q'26
Payables 13,030 13,514 13,743 15,393
ST’ Debt — — — —
Other — — — —
13,258 13,772 13,988 15,673

Compound Annual Growth %

10y 5y 3y
Sales 10.73% 7.28% 10.66%
Cash Flow 31.85% 15.48% 2.65%
Earnings 15.76% 11.00% 0.00%
Book Value 4.12% 3.16% 10.15%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 1.54 Actual 1.51

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 1.46 1.55 Beat by 0.09
Q1 FY26 1.38 1.59 Beat by 0.21
Q2 FY26 1.47 1.44 Miss by 0.03
Q3 FY26 1.54 1.51 Miss by 0.03
Q4 FY26 1.57 — Reports 20 January 2027

EPS $

Mar Jun Sep Dec Year
’26 1.60 1.43 1.36 — —
’25 1.30 1.31 1.54 1.49 5.64
’24 1.09 1.15 1.30 1.34 4.88
’23 1.61 1.15 1.33 1.24 5.33
’22 1.27 1.39 1.43 1.58 5.67
’21 1.33 1.56 1.44 1.44 5.76
’20 0.47 0.67 1.03 1.10 3.26
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 217 221 230 — —
’25 213 218 227 220 878
’24 196 206 214 216 833
’23 176 180 192 198 746
’22 142 160 167 179 648
’21 149 156 161 151 617
’20 151 156 158 153 618
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 110 39 77 — —
’25 57 55 120 25 257
’24 51 79 64 99 293
’23 75 43 72 68 257
’22 51 65 42 81 238
’21 322 (3) 10 (28) 302
’20 53 (37) 122 (13) 125
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 110 37 73 — —
’25 57 52 123 23 256
’24 50 78 61 95 284
’23 73 40 66 68 247
’22 53 61 37 78 229
’21 320 (6) 17 (29) 303
’20 50 (41) 122 (10) 121
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 468 497 548 608 618 617 648 746 833 878 888 +7.2% 721 794 831 (1.8%)
Gross margin, % 96.49 96.13 94.04 90.66 93.87 96.17 97.01 83.17 73.06 75.27 77.27 (21.2) pt
EBT 130 151 165 183 142 247 241 227 209 239 248 +7.0%
EBT margin, % 27.72 30.41 30.15 30.14 23.06 39.97 37.17 30.44 25.15 27.22 27.87 (0.5) pt
Net income 85 61 137 146 116 201 195 184 169 195 203 +9.6%
Per share, $
Per share, $ Revenue 13.83 15.13 16.70 17.43 17.52 17.82 18.91 21.72 24.17 25.47 25.48 +7.0%
Earnings 2.52 1.85 4.16 4.20 3.29 5.81 5.70 5.35 4.90 5.67 5.92 +9.4%
Cash flow (2.24) 10.54 0.94 4.29 3.56 8.71 6.95 7.49 8.51 7.47 7.19 n/m
Capex (0.48) (0.37) (0.70) (0.71) (0.11) 0.04 (0.25) (0.29) (0.27) (0.05) (0.21) (21.9%)
Free cash flow (2.72) 10.17 0.23 3.58 3.44 8.75 6.70 7.20 8.23 7.42 6.98 n/m
Book value 38.61 38.70 45.10 45.72 47.25 48.84 42.51 48.12 51.47 56.48 61.22 +4.3%
Shares, m 34 33 33 35 35 35 34 34 34 34 34 +0.2%
Valuation, ×
Valuation, × P/E 22.25 29.98 12.82 13.47 14.12 10.42 11.04 9.92 13.65 11.05 11.84 14.9
P/S 4.07 3.65 3.20 3.25 2.66 3.40 3.33 2.44 2.76 2.46 2.75 3.1
P/B 1.46 1.43 1.19 1.24 0.99 1.24 1.48 1.10 1.30 1.11 1.14 1.3
EV/Sales 4.03 3.47 4.07 3.83 1.51 0.28 3.15 2.99 2.84 2.36 — 2.9
EV/FCF (20.49) 5.16 290.13 18.63 7.69 0.57 8.90 9.02 8.33 8.11 — 33.6
Cash, $m
Cash, $m Operating cash flow (76) 347 31 150 125 302 238 257 293 257 251 n/m
Capex (16) (12) (23) (25) (4) 1 (9) (10) (9) (2) (7) (21.8%)
Free cash flow (92) 334 8 125 121 303 229 247 284 256 243 n/m
Balance, $m
Balance, $m Working capital (279) (389) (483) (490) (1,457) (2,922) (3,130) (2,268) (1,979) (1,901) (2,186) +23.8%
Net debt (17) (89) 475 354 (709) (1,928) (115) 411 61 (86) (366) +19.6%
Shareholders’ equity 1,306 1,273 1,479 1,594 1,666 1,690 1,456 1,653 1,774 1,946 2,134 +4.5%
Returns, %
Returns, % ROA 0.87 0.62 1.26 1.20 0.84 1.26 1.20 1.17 1.06 1.20 1.17 +0.3 pt
ROIC 6.86 7.99 5.46 6.12 9.44 0.00 11.22 6.88 7.13 8.03 8.93 +1.2 pt
ROE 6.55 4.71 9.92 9.52 7.11 11.98 12.42 11.81 9.86 10.50 10.01 +3.9 pt
People
People Employees 2,137 2,128 2,187 2,198 2,116 1,935 1,977 1,966 1,956 1,934 — (1.1%)
Revenue/emp, $m 0.22 0.23 0.25 0.28 0.29 0.32 0.33 0.38 0.43 0.45 — +8.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Banner Corporation vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NBTB NBT Bancorp Inc. $2.8B 12.7× 12.4× +1.43% (above 0%: growing) +7.69% (above 0%: growing) +37.10% (above 0%: growing) 79.49% 0.00% Compare
BOH Bank of Hawaii Corporation $2.7B 12.0× 11.9× −0.66% (below 0%: shrinking) +35.07% (above 0%: growing) +211.82% (above 0%: growing) 73.11% 0.00% Compare
FBNC First Bancorp $2.7B 16.3× 13.5× +28.80% (above 0%: growing) +154.02% (above 0%: growing) +103.23% (above 0%: growing) 76.83% 0.00% Compare
FBK FB Financial Corporation $2.7B 12.0× 11.6× −1.10% (below 0%: shrinking) +179.07% (above 0%: growing) −58.85% (below 0%: shrinking) 66.94% 0.00% Compare
TRMK Trustmark Corporation $2.6B 11.1× 11.0× +0.24% (above 0%: growing) +6.55% (above 0%: growing) +48.33% (above 0%: growing) 74.14% 0.00% Compare
BBT Beacon Financial Corporation $2.6B 11.4× 10.9× +42.19% (above 0%: growing) n/m +88.09% (above 0%: growing) 68.68% 0.00% Compare
FRME First Merchants Corporation $2.6B 12.7× 12.5× +12.85% (above 0%: growing) +11.22% (above 0%: growing) −10.46% (below 0%: shrinking) 65.93% 0.00% Compare
BANR Banner Corporation $2.6B 11.8× 11.7× +1.50% (above 0%: growing) −11.61% (below 0%: shrinking) −40.58% (below 0%: shrinking) 77.09% 0.00%
SYBT Stock Yards Bancorp, Inc. $2.5B 15.2× 14.8× +11.93% (above 0%: growing) +14.63% (above 0%: growing) +134.96% (above 0%: growing) 74.21% 0.00% Compare
Median of peers $2.6B 12.4× 12.2× +6.68% +14.63% +68.21% 73.63% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 6 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.59m 3.33m 159.00
2024 3.18m 3.93m 164.00
2023 3.01m 2.58m 127.00
2022 3.12m 3.30m 144.00
2021 2.62m 3.39m 134.00

Ownership

Directors and executive officers, together 1.39%
BlackRock, Inc. 14.62%
The Vanguard Group 11.27%
Dimensional Fund Advisors LP 6.67%
State Street Corporation 5.25%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Banner Corporation (BANR) Latest News

1 Nov

Impact 3 · · The Motley Fool

23 Oct

Impact 4 · · StockStory
Impact 3 · · StockStory

22 Oct

Impact 4 · · The Motley Fool transcript
Impact 4 · · MarketBeat
Impact 4 · · Moby earnings
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

21 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · Associated Press
Impact 3 · · StockStory
Impact 3 · · Zacks

20 Oct

Impact 3 · · StockStory

14 Oct

Impact 3 · · Zacks

5 Oct

Impact 3 · · Zacks

2 Sep

Impact 4 · · retailbankerinternational.com

1 Sep

Impact 4 ·

17 Aug

Impact 4 ·

13 Aug

Impact 4 ·

10 Aug

Impact 3 ·

4 Aug

Impact 4 ·

3 Aug

Impact 3 ·

23 Jul

Impact 4 ·
Impact 4 · · Moby transcript
Impact 3 · · MarketBeat transcript

22 Jul

Impact 3 ·
Impact 3 ·
Impact 3 ·

BANR metrics, ten years each

stockrow.com/BANR · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com