See more : Foxx Development Holdings Inc. (FOXX) 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) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of Banner (BANR) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Banner Corporation Announces Fourth Quarter 2023 Conference Call and Webcast
WALLA WALLA, Wash., Dec. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its fourth quarter results after the market closes on Thursday, January 18, 2024....
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Banner Corporation (BANR) Q3 2023 Earnings Call Transcript
Banner Corporation (BANR) Q3 2023 Earnings Call Transcript
Banner (BANR) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Banner (BANR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
Banner (BANR) Q3 Earnings Top Estimates
Banner (BANR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.42 per share a year ago.
Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.9 million, or $1.33 per diluted share, for the third quarter of 2023, a...
Banner Corporation Announces Third Quarter 2023 Conference Call and Webcast
WALLA WALLA, Wash., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its third quarter results after the market closes on Wednesday, October 18, 2023....
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VLRS, BWMN and BANR have been added to the Zacks Rank #5 (Strong Sell) List on September 12, 2023.
KBRA Releases Surveillance Report for Banner Corporation
NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Walla Walla, Washington-based Banner Corporation (NASDAQ: BANR or “the company”)....
Source: https://incomestatements.info
Category: Stock Reports