Banner Corporation $BANR Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its holdings in Banner Corporation (NASDAQ:BANR) by 36.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,294 shares of the financial services provider’s stock after selling 45,663 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Banner were worth $4,991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BANR. UBS Group AG grew its stake in shares of Banner by 241.2% in the fourth quarter. UBS Group AG now owns 454,807 shares of the financial services provider’s stock valued at $28,498,000 after buying an additional 321,522 shares in the last quarter. Deprince Race & Zollo Inc. lifted its holdings in Banner by 93.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 488,295 shares of the financial services provider’s stock worth $30,597,000 after buying an additional 236,394 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Banner by 19.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,011,347 shares of the financial services provider’s stock worth $64,878,000 after acquiring an additional 165,557 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Banner by 60.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 366,689 shares of the financial services provider’s stock worth $22,977,000 after acquiring an additional 138,525 shares in the last quarter. Finally, Two Sigma Investments LP boosted its holdings in Banner by 307.8% in the third quarter. Two Sigma Investments LP now owns 173,742 shares of the financial services provider’s stock valued at $11,380,000 after purchasing an additional 131,140 shares in the last quarter. 87.33% of the stock is owned by institutional investors and hedge funds.

Banner Trading Up 2.1%

Shares of Banner stock opened at $70.29 on Friday. The business’s fifty day moving average is $66.63 and its two-hundred day moving average is $64.18. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.26. Banner Corporation has a fifty-two week low of $57.05 and a fifty-two week high of $72.65. The firm has a market cap of $2.39 billion, a PE ratio of 11.60 and a beta of 0.83.

Banner (NASDAQ:BANR) last issued its earnings results 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). The firm had revenue of $172.11 million during the quarter, compared to analysts’ expectations of $174.54 million. Banner had a return on equity of 10.72% and a net margin of 23.55%. Analysts anticipate that Banner Corporation will post 6.17 earnings per share for the current year.

Banner Announces Dividend

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

Banner News Summary

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

Analysts Set New Price Targets

Several research firms have recently weighed in on BANR. Piper Sandler increased their price objective on Banner from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Wall Street Zen downgraded shares of Banner from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings upgraded shares of Banner from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Keefe, Bruyette & Woods upped their price objective on Banner from $73.00 to $75.00 and gave the company a “market perform” rating in a research note on Monday, May 18th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $72.00 price target on shares of Banner in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Banner has a consensus rating of “Hold” and an average price target of $71.00.

About Banner

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.