See more : JMDC Inc. (4483.T) Income Statement Analysis – Financial Results
Complete financial analysis of Banner Corporation (BANR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Banner Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
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Banner Corporation (BANR)
About Banner Corporation
Banner Corporation operates as the bank holding company for Banner Bank that provide 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; residential mortgage loans; commercial business loans; agricultural loans; and 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. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans, as well as small business administration loans. Further, the company provides electronic and digital banking services. As of December 31, 2021, it operated 150 branch offices and 18 loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 620.41M | 623.75M | 607.16M | 598.67M | 562.80M | 517.49M | 469.09M | 455.83M | 302.52M | 226.05M | 209.78M | 196.35M | 198.69M | 186.92M | 189.77M | 187.44M | 188.20M | 147.48M | 119.33M | 113.28M | 100.17M | 94.18M | 85.19M | 77.96M | 59.40M | 43.20M | 34.00M | 19.80M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 620.41M | 623.75M | 607.16M | 598.67M | 562.80M | 517.49M | 469.09M | 455.83M | 302.52M | 226.05M | 209.78M | 196.35M | 198.69M | 186.92M | 189.77M | 187.44M | 188.20M | 147.48M | 119.33M | 113.28M | 100.17M | 94.18M | 85.19M | 77.96M | 59.40M | 43.20M | 34.00M | 19.80M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 255.09M | 248.92M | 249.93M | 251.92M | 229.25M | 207.06M | 196.79M | 185.43M | 130.47M | 92.19M | 86.72M | 82.38M | 78.52M | 89.31M | 93.46M | 93.76M | 75.98M | 65.12M | 60.15M | 52.33M | 47.03M | 38.26M | 29.87M | 26.39M | 16.00M | 14.00M | 11.20M | 6.30M |
| Selling & Marketing | 4.79M | 3.96M | 6.04M | 6.41M | 7.84M | 8.35M | 8.64M | 9.71M | 7.65M | 6.27M | 6.89M | 7.22M | 7.28M | 7.46M | 7.64M | 6.68M | 8.31M | 7.44M | 6.50M | 4.91M | 3.37M | 2.22M | 1.17M | 788.00K | 600.00K | 500.00K | 400.00K | 300.00K |
| SG&A | 259.89M | 252.87M | 255.97M | 258.33M | 237.09M | 215.41M | 205.42M | 195.14M | 138.12M | 98.46M | 93.60M | 89.60M | 85.80M | 96.77M | 101.10M | 100.44M | 84.29M | 72.56M | 66.65M | 57.24M | 50.41M | 40.48M | 31.04M | 27.18M | 16.60M | 14.50M | 11.60M | 6.60M |
| Other Expenses | 356.24M | -77.88M | -75.48M | -61.73M | -67.85M | -567.79M | -79.32M | -83.57M | 0.00 | 0.00 | 0.00 | -245.85M | -279.04M | 4.23M | 1.51M | -422.96M | -217.67M | -172.44M | -169.11M | -142.59M | -127.58M | -121.93M | -104.63M | -76.55M | -51.30M | -37.20M | -32.40M | -17.50M |
| Operating Expenses | 335.52M | 77.88M | 75.48M | 61.73M | 67.85M | -352.38M | 79.32M | 83.57M | 236.60M | 144.66M | 136.72M | -156.25M | -193.23M | 101.00M | 102.61M | -322.52M | -133.39M | -99.88M | -102.45M | -85.36M | -77.18M | -81.45M | -73.60M | -49.37M | -34.70M | -22.70M | -20.80M | -10.90M |
| Cost & Expenses | 335.52M | 408.27M | 366.05M | 469.07M | 418.61M | -352.38M | 352.27M | 338.08M | 236.60M | 144.66M | 136.72M | -156.25M | -193.23M | 101.00M | 102.61M | -322.52M | -133.39M | -99.88M | -102.45M | -85.36M | -77.18M | -81.45M | -73.60M | -49.37M | -34.70M | -22.70M | -20.80M | -10.90M |
| Interest Income | 701.57M | 572.57M | 520.50M | 519.15M | 525.69M | 463.65M | 412.28M | 391.48M | 254.43M | 190.66M | 179.71M | 187.16M | 197.56M | 218.08M | 237.37M | 273.16M | 295.31M | 243.02M | 190.16M | 156.23M | 140.44M | 144.28M | 157.67M | 158.30M | 112.30M | 85.20M | 67.30M | 41.40M |
| Interest Expense | 125.57M | 19.39M | 23.61M | 37.85M | 56.77M | 32.66M | 19.25M | 16.41M | 12.15M | 10.79M | 13.00M | 19.51M | 32.99M | 60.31M | 92.80M | 125.35M | 145.69M | 116.11M | 81.38M | 59.92M | 59.85M | 65.97M | 85.94M | 89.59M | 60.40M | 46.70M | 36.40M | 23.30M |
| Depreciation & Amortization | 21.63M | 22.21M | 23.92M | 25.86M | 25.43M | 21.28M | 20.95M | 20.53M | 13.12M | 10.05M | 9.40M | 9.88M | 10.87M | 11.67M | 12.42M | 13.35M | 8.23M | 6.08M | 4.95M | 4.52M | 7.88M | 3.80M | 7.39M | 7.28M | 6.80M | 3.60M | 1.70M | 700.00K |
| EBITDA | 248.72M | 262.99M | 270.51M | 168.32M | 208.25M | 186.39M | 172.21M | 150.17M | 81.09M | 91.18M | 78.48M | 49.98M | 16.33M | -32.22M | 0.00 | -106.69M | 79.32M | 74.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 40.09% | 42.16% | 44.55% | 28.11% | 37.06% | 36.02% | 36.71% | 32.94% | 26.81% | 40.33% | 38.04% | 25.45% | 8.22% | -17.24% | -26.56% | -64.94% | 33.50% | 36.40% | 18.29% | 28.64% | 30.83% | 17.56% | 22.28% | 46.00% | 53.03% | 55.79% | 43.82% | 48.48% |
| Operating Income | 227.09M | 240.78M | 246.59M | 142.45M | 183.13M | 165.11M | 151.26M | 129.64M | 67.97M | 81.12M | 70.40M | 40.10M | 5.46M | -43.88M | -62.82M | -135.08M | 54.81M | 47.60M | 16.88M | 27.93M | 23.00M | 12.74M | 11.59M | 28.59M | 24.70M | 20.50M | 13.20M | 8.90M |
| Operating Income Ratio | 36.60% | 38.60% | 40.61% | 23.79% | 32.54% | 31.91% | 32.25% | 28.44% | 22.47% | 35.89% | 33.56% | 20.42% | 2.75% | -23.48% | -33.10% | -72.06% | 29.12% | 32.27% | 14.14% | 24.65% | 22.96% | 13.53% | 13.61% | 36.67% | 41.58% | 47.45% | 38.82% | 44.95% |
| Total Other Income/Expenses | 0.00 | -39.06M | -30.23M | -27.94M | -38.90M | -44.43M | -23.40M | -11.73M | -54.37M | -13.99M | -12.94M | -409.00K | -10.87M | -11.67M | -22.01M | -28.38M | 0.00 | 5.35M | -6.08M | 0.00 | -67.73M | -69.77M | -93.33M | -96.87M | -67.20M | -50.30M | -38.10M | -24.00M |
| Income Before Tax | 227.09M | 240.78M | 246.59M | 142.45M | 183.13M | 165.11M | 151.26M | 129.64M | 67.97M | 81.12M | 70.40M | 40.10M | 5.46M | -43.88M | -62.82M | -135.08M | 54.81M | 47.60M | 16.88M | 27.93M | 23.00M | 12.74M | 11.59M | 28.59M | 24.70M | 20.50M | 13.20M | 8.90M |
| Income Before Tax Ratio | 36.60% | 38.60% | 40.61% | 23.79% | 32.54% | 31.91% | 32.25% | 28.44% | 22.47% | 35.89% | 33.56% | 20.42% | 2.75% | -23.48% | -33.10% | -72.06% | 29.12% | 32.27% | 14.14% | 24.65% | 22.96% | 13.53% | 13.61% | 36.67% | 41.58% | 47.45% | 38.82% | 44.95% |
| Income Tax Expense | 43.46M | 45.40M | 45.55M | 26.53M | 36.85M | 28.60M | 90.49M | 44.26M | 22.75M | 27.05M | 24.19M | -24.79M | 0.00 | 18.01M | -27.05M | -7.09M | 17.89M | 16.06M | 4.90M | 8.59M | 6.89M | 3.48M | 4.14M | 10.24M | 9.30M | 7.40M | 3.90M | 2.60M |
| Net Income | 183.62M | 195.38M | 201.05M | 115.93M | 146.28M | 136.52M | 60.78M | 85.39M | 45.22M | 54.07M | 46.21M | 64.88M | 5.46M | -61.90M | -35.76M | -127.99M | 36.92M | 31.54M | 11.98M | 19.34M | 16.11M | 9.26M | 7.45M | 18.35M | 15.40M | 13.10M | 9.30M | 6.30M |
| Net Income Ratio | 29.60% | 31.32% | 33.11% | 19.36% | 25.99% | 26.38% | 12.96% | 18.73% | 14.95% | 23.92% | 22.03% | 33.04% | 2.75% | -33.11% | -18.85% | -68.28% | 19.62% | 21.39% | 10.04% | 17.07% | 16.08% | 9.83% | 8.75% | 23.54% | 25.93% | 30.32% | 27.35% | 31.82% |
| EPS | 5.35 | 5.70 | 5.81 | 3.29 | 4.20 | 4.16 | 1.85 | 2.52 | 1.90 | 2.79 | 2.39 | 3.17 | -0.15 | -6.40 | -13.43 | -55.22 | 17.71 | 18.55 | 7.28 | 12.18 | 10.43 | 5.95 | 4.69 | 11.34 | 10.22 | 8.27 | 6.16 | 3.92 |
| EPS Diluted | 5.33 | 5.67 | 5.76 | 3.26 | 4.18 | 4.15 | 1.84 | 2.52 | 1.89 | 2.79 | 2.38 | 3.16 | -0.15 | -6.40 | -13.43 | -55.22 | 17.43 | 18.06 | 7.00 | 11.55 | 10.08 | 5.74 | 4.48 | 11.20 | 9.80 | 7.95 | 6.09 | 3.92 |
| Weighted Avg Shares Out | 34.34M | 34.26M | 34.61M | 35.26M | 34.87M | 32.78M | 32.89M | 33.82M | 23.80M | 19.36M | 19.36M | 18.65M | 16.72M | 9.67M | 2.66M | 2.32M | 2.08M | 1.70M | 1.65M | 1.59M | 1.54M | 1.56M | 1.59M | 1.62M | 1.51M | 1.58M | 1.51M | 1.61M |
| Weighted Avg Shares Out (Dil) | 34.45M | 34.46M | 34.92M | 35.53M | 34.97M | 32.89M | 32.99M | 33.85M | 23.87M | 19.40M | 19.40M | 18.72M | 16.75M | 9.67M | 2.66M | 2.32M | 2.12M | 1.75M | 1.71M | 1.67M | 1.60M | 1.61M | 1.66M | 1.64M | 1.57M | 1.65M | 1.53M | 1.61M |
Banner (BANR) Surpasses Q1 Earnings and Revenue Estimates
Banner (BANR) delivered earnings and revenue surprises of 22.02% and 1.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Banner Corporation Reports Net Income of $44.0 Million, or $1.27 Per Diluted Share, for First Quarter 2022; Declares Quarterly Cash Dividend of $0.44 Per Share
WALLA WALLA, Wash., April 20, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $44.0 million, or $1.27 per diluted share, for the first quarter of 2022, a...
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Banner (BANR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Banner (BANR) Expected to Beat Earnings Estimates: Should You Buy?
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J.D. Power Again Ranks Banner Bank Highest in the Northwest for Retail Customer Satisfaction
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Bank again ranked highest in the Northwest region for customer satisfaction, according to J.D. Power 2022 US Retail Banking Satisfaction Study
J.D. Power Again Ranks Banner Bank Highest in the Northwest for Retail Customer Satisfaction
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Bank again ranked highest in the Northwest region for customer satisfaction, according to the just-released J.D. Power 2022 U.S. Retail Banking Satisfaction Study. This is the sixth time* in the past decade that Banner Bank has...
Banner Corporation Announces First Quarter 2022 Conference Call and Webcast
WALLA WALLA, Wash., March 31, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 20, 2022....
Banner Bank Ranked Among Top 50 U.S. Public Banks
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Bank has been named one of the top performing U.S. public banks of 2021 by S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI), the world’s foremost provider of credit ratings, benchmarks and analytics...
Margot James Copeland and Paul Walsh Join Banner Corporation Board of Directors
WALLA WALLA, Wash., March 04, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank (“Bank”), today announced that Margot James Copeland and Paul J. Walsh have been appointed to the Board of Directors...
Source: https://incomestatements.info
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