Banner Corporation | Mid-cap | Financial Services
$61.04
-2.93%
| Banner Stock Comparison:
Banner vs Nu HoldingsBanner vs U.S. BancorpBanner vs Webster FinancialBanner vs Western AllianceBanner vs UMB FinancialBanner vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 157.8M
Net Income 45.1M 28.61%
EPS (Diluted) $1.30

Balance Sheet Metrics

Total Assets 16.2B
Total Liabilities 14.3B
Shareholders Equity 1.8B
Debt to Equity 7.82

Cash Flow Metrics

Operating Cash Flow 56.0M
Free Cash Flow 55.6M

Revenue & Profitability Trend

Banner Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 602.9M 616.1M 623.7M 607.2M 598.7M
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 267.1M 259.9M 252.9M 256.0M 258.3M
Other Operating Expenses i - - - - -
Total Operating Expenses i 267.1M 259.9M 252.9M 256.0M 258.3M
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 209.5M 227.1M 240.8M 246.6M 142.5M
Income Tax i 40.6M 43.5M 45.4M 45.5M 26.5M
Effective Tax Rate % i 19.4% 19.1% 18.9% 18.5% 18.6%
Net Income i 168.9M 183.6M 195.4M 201.0M 115.9M
Net Margin % i 28.0% 29.8% 31.3% 33.1% 19.4%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $4.90 $5.35 $5.70 $5.81 $3.29
EPS (Diluted) i $4.88 $5.33 $5.67 $5.76 $3.26
Basic Shares Outstanding i 34470057 34344142 34264322 34610056 35264252
Diluted Shares Outstanding i 34470057 34344142 34264322 34610056 35264252

Income Statement Trend

Banner Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 501.9M 254.5M 243.1M 2.1B 1.2B
Short-term Investments i 23.3M 0 2.8B 3.6B 2.3B
Accounts Receivable i 60.9M 63.1M 57.3M 42.9M 46.6M
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i - - 49.3M 55.3M 55.4M
Goodwill i 749.3M 751.9M 755.7M 761.1M 767.7M
Intangible Assets i 3.1M 5.7M 9.4M 14.9M 21.4M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 16.2B - - - -
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i - - - - -
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 481.2M 530.9M 279.0M 328.1M 424.5M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 14.4B - - - -
Equity
Common Stock i 1.3B 1.3B 1.3B 1.3B 1.3B
Retained Earnings i 744.1M 642.2M 525.2M 390.8M 247.3M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 1.8B 1.7B 1.5B 1.7B 1.7B
Key Metrics
Total Debt i 481.2M 530.9M 279.0M 328.1M 424.5M
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Banner Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 168.9M 183.6M 195.4M 201.0M 115.9M
Depreciation & Amortization i 20.7M 21.6M 22.2M 23.9M 25.9M
Stock-Based Compensation i 10.0M 9.2M 8.9M 9.3M 9.2M
Working Capital Changes i -21.7M 4.1M -4.8M -8.9M -23.2M
Operating Cash Flow i 285.9M 229.5M 236.7M 366.2M 100.7M
Investing Activities
Capital Expenditures i -13.7M -14.7M -14.7M -10.5M -12.8M
Acquisitions i 0 0 -168.1M 0 0
Investment Purchases i -63.2M -58.2M -850.6M -2.9B -2.6B
Investment Sales i 369.9M 600.4M 639.4M 1.4B 1.7B
Investing Cash Flow i 299.5M 521.8M -434.5M -1.6B -910.2M
Financing Activities
Share Repurchases i 0 0 -11.0M -56.5M -31.8M
Dividends Paid i -66.7M -66.8M -61.1M -57.6M -94.1M
Debt Issuance i 0 0 1.5M 80.0M 164.3M
Debt Repayment i -57.6M -49.9M -132.2M -108.2M 0
Financing Cash Flow i -159.5M 152.8M -156.1M -145.7M -263.0M
Free Cash Flow i 279.4M 242.5M 223.3M 291.1M 112.6M
Net Change in Cash i 425.9M 904.1M -353.9M -1.3B -1.1B

Cash Flow Trend

Banner Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 12.02
Forward P/E 12.85
Price to Book 1.17
Price to Sales 3.50
PEG Ratio 0.86

Profitability Ratios

Profit Margin 29.19%
Operating Margin 37.91%
Return on Equity 10.25%
Return on Assets 1.13%

Financial Health

Debt to Equity 0.44
Beta 0.90

Per Share Data

EPS (TTM) $5.25
Book Value per Share $53.95
Revenue per Share $18.07

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
banr 2.2B 12.02 1.17 10.25% 29.19% 0.44
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
Webster Financial 9.8B 11.96 1.09 9.44% 34.45% 0.52
Western Alliance 9.2B 11.30 1.37 12.42% 27.12% 0.93
UMB Financial 9.0B 13.41 1.31 10.05% 27.11% 0.51

Financial data is updated regularly. All figures are in the company's reporting currency.