195,449 Shares in Banner Corporation $BANR Bought by North Reef Capital Management LP

North Reef Capital Management LP bought a new stake in shares of Banner Corporation (NASDAQ:BANR) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 195,449 shares of the financial services provider’s stock, valued at approximately $11,860,000.

A number of other hedge funds have also recently bought and sold shares of BANR. SG Americas Securities LLC raised its position in shares of Banner by 836.0% during the fourth quarter. SG Americas Securities LLC now owns 22,605 shares of the financial services provider’s stock valued at $1,416,000 after buying an additional 20,190 shares during the last quarter. Sovran Advisors LLC acquired a new stake in Banner during the fourth quarter worth about $1,147,000. UBS Group AG grew its position in Banner by 241.2% during the fourth quarter. UBS Group AG now owns 454,807 shares of the financial services provider’s stock worth $28,498,000 after buying an additional 321,522 shares in the last quarter. Vanguard Group Inc. increased its stake in Banner by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 3,837,199 shares of the financial services provider’s stock valued at $240,439,000 after acquiring an additional 44,249 shares during the period. Finally, Deprince Race & Zollo Inc. increased its stake in Banner by 93.8% during the fourth quarter. Deprince Race & Zollo Inc. now owns 488,295 shares of the financial services provider’s stock valued at $30,597,000 after acquiring an additional 236,394 shares during the period. 87.33% of the stock is owned by institutional investors.

Banner Stock Up 2.1%

Shares of BANR opened at $70.29 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $66.63 and a two-hundred day moving average price of $64.18. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 11.60 and a beta of 0.83. Banner Corporation has a 12 month low of $57.05 and a 12 month high of $72.65.

Banner (NASDAQ:BANR) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.02). Banner had a net margin of 23.55% and a return on equity of 10.72%. The company had revenue of $172.11 million during the quarter, compared to the consensus estimate of $174.54 million. Equities analysts predict that Banner Corporation will post 6.17 EPS for the current fiscal year.

Banner Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Tuesday, August 4th will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.0%. The ex-dividend date is Tuesday, August 4th. Banner’s dividend payout ratio is currently 34.32%.

More Banner News

Here are the key news stories impacting Banner this week:

• Positive Sentiment: Banner said it expects mid-single-digit loan growth in 2026, which suggests continued balance-sheet expansion and improving operating momentum. The company also said it expects its Bank of the Pacific acquisition to close in Q3, adding to the growth story. Article Title
• Positive Sentiment: Management’s earnings-call commentary emphasized strong loan growth and a boost in core earnings, which likely reassured investors that underlying profitability remains healthy despite near-term pressure. Article Title
• Positive Sentiment: Banner declared a quarterly dividend of $0.52 per share, reinforcing capital return to shareholders and supporting the stock’s income appeal. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares outstanding and no meaningful change, so this does not appear to be a factor driving the stock today.
• Negative Sentiment: Quarterly results missed analyst estimates, with EPS of $1.44 versus expectations around $1.46-$1.47, and revenue also came in slightly below forecasts. That limits upside and may temper enthusiasm around the earnings report. Article Title

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Weiss Ratings upgraded Banner from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. Benchmark began coverage on Banner in a research report on Wednesday, July 8th. They set a “hold” rating on the stock. DA Davidson restated a “neutral” rating and set a $72.00 price objective on shares of Banner in a research report on Monday, May 4th. Keefe, Bruyette & Woods raised their target price on Banner from $73.00 to $75.00 and gave the stock a “market perform” rating in a research report on Monday, May 18th. Finally, Piper Sandler raised their target price on Banner from $63.00 to $67.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Banner presently has a consensus rating of “Hold” and an average price target of $71.00.

Banner Company Profile

Banner Corporation, through its principal subsidiary Banner Bank, operates as a regional commercial bank headquartered in Walla Walla, Washington. Founded in 2000 as a bank holding company, Banner traces its origins to community banking roots in Eastern Washington dating back to the late 19th century. Over the past two decades, the company has grown through both organic expansion and strategic acquisitions, establishing a strong presence throughout the Pacific Northwest.

The company offers a comprehensive suite of financial products and services for individual and business clients.