What is DA Davidson’s Estimate for Banner FY2025 Earnings?

Banner Co. (NASDAQ:BANR) – Stock analysts at DA Davidson increased their FY2025 earnings per share estimates for shares of Banner in a research report issued to clients and investors on Friday, January 24th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings of $5.40 per share for the year, up from their prior estimate of $4.96. DA Davidson has a “Neutral” rating and a $76.00 price objective on the stock. The consensus estimate for Banner’s current full-year earnings is $4.89 per share.

BANR has been the subject of a number of other reports. Raymond James upped their target price on Banner from $62.00 to $65.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. Stephens restated an “overweight” rating and issued a $82.00 price objective on shares of Banner in a report on Thursday, January 23rd. Keefe, Bruyette & Woods raised their target price on Banner from $69.00 to $81.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Finally, Piper Sandler set a $67.00 price target on shares of Banner in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Banner currently has a consensus rating of “Hold” and an average target price of $74.20.

Banner Trading Down 0.5 %

Shares of NASDAQ:BANR opened at $70.99 on Monday. Banner has a twelve month low of $42.00 and a twelve month high of $78.05. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30. The firm has a market cap of $2.45 billion, a P/E ratio of 14.55 and a beta of 1.09. The company has a 50 day moving average of $70.25 and a 200-day moving average of $64.09.

Banner (NASDAQ:BANR) last posted its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.11. Banner had a net margin of 20.28% and a return on equity of 10.11%.

Institutional Trading of Banner

Several hedge funds and other institutional investors have recently modified their holdings of BANR. USA Financial Formulas acquired a new position in shares of Banner during the 4th quarter worth $32,000. Financial Life Planners acquired a new position in Banner during the fourth quarter worth $32,000. US Bancorp DE increased its position in Banner by 287.1% during the third quarter. US Bancorp DE now owns 1,436 shares of the financial services provider’s stock worth $86,000 after buying an additional 1,065 shares during the last quarter. KBC Group NV raised its holdings in Banner by 46.0% during the fourth quarter. KBC Group NV now owns 1,656 shares of the financial services provider’s stock valued at $111,000 after buying an additional 522 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Banner by 19.5% in the third quarter. CWM LLC now owns 2,275 shares of the financial services provider’s stock worth $136,000 after buying an additional 371 shares during the last quarter. 87.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Banner

In other Banner news, VP James P.G. Mclean sold 1,500 shares of Banner stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $75.63, for a total transaction of $113,445.00. Following the completion of the sale, the vice president now owns 21,868 shares of the company’s stock, valued at $1,653,876.84. This trade represents a 6.42 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by insiders.

Banner Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Tuesday, February 4th will be issued a dividend of $0.48 per share. The ex-dividend date is Tuesday, February 4th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.70%. Banner’s dividend payout ratio is 39.34%.

Banner Company Profile

Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans.