Banner Corporation

NASDAQ•BANR

CEO: Mr. Mark J. Grescovich

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 1995-11-01

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. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; one- to four-family residential real estate lending; commercial business loans; agricultural loans; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and small business administration loans. In addition, it provides electronic and digital banking services comprising debit cards and ATMs, internet banking, remote deposit, and mobile banking services. The company was founded in 1890 and is based in Walla Walla, Washington.

Contact Information

10 South First Avenue, Walla Walla, WA, 99362, United States

509-527-3636

www.bannerbank.com

Market Cap

$2.01B

P/E (TTM)

10.3

14.5

Dividend Yield

3.3%

52W High

$69.83

52W Low

$54.01

52W Range

32%

Rank34Top 27.8%

4.7

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$220.21M+2.47%

4-Quarter Trend

EPS

$1.50+11.94%

4-Quarter Trend

FCF

$21.59M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

NIM Expands Significantly Tax-equivalent NIM reached 3.96% in 2025, up 21 basis points, driven by higher loan yields and lower funding costs.

Profitability and Asset Growth Net income rose to $195.4M, boosting ROAA to 1.21%. Net loans grew 3% to $11.56 B by year-end.

Deposit Base Stability Total deposits reached $13.74 B, with core deposits comprising 89% of the total funding base, supporting lending activities.

Asset Quality Shows Strain Non-performing assets increased to $51.2 M (0.31% of assets) from 0.24% last year, reflecting increased credit risk exposure.

Risk Factors

Macroeconomic Downturn Exposure Business is highly concentrated in regional economies; inflation and slowing growth could materially reduce loan demand and asset values.

Interest Rate Risk Management Asset/liability structure shows near-term asset sensitivity, but long-term economic value is more sensitive to prolonged rate changes.

Credit Risk Concentration Non-first-lien loans, including CRE and C&D, total $10.15 B; adverse real estate market shifts pose significant collateral risk.

Cybersecurity and Technology Risks Reliance on complex systems and AI adoption introduces operational risks, including potential breaches compromising client data security.

Outlook

Future NIM Trajectory Near-term earnings benefit from asset sensitivity to rising rates, but long-term economic value remains sensitive to rate volatility.

Credit Quality Monitoring Management will maintain focus on underwriting standards and portfolio diversification to mitigate expected credit losses amid economic uncertainty.

Strategic Franchise Investment Continued investment in digital delivery channels and marketing campaigns to strengthen franchise positioning and support future growth.

Regulatory Compliance Burden Evolving federal guidance on ESG, DEI, and cybersecurity will increase operational complexity and compliance costs for the institution.

Peer Comparison

Revenue (TTM)

WAL

$5.29B

+5.6%

HTH

$1.63B

+5.5%

CUBI

$1.41B

+3.9%

Gross Margin (Latest Quarter)

HTH

78.3%

+5.0pp

BANR

76.1%

+3.6pp

NBTB

76.1%

+3.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
WAL	$7.48B	7.6	13.3%	7.0%
FFBC	$2.82B	10.0	9.8%	5.6%
PFS	$2.66B	9.1	10.6%	10.1%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.5%

Moderate Growth

4Q Net Income CAGR

4.3%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 14, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data