See more : T.Kawabe & Co., Ltd. (8123.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 Corporation (BANR) Q3 2022 Earnings call Transcript
Banner Corporation (NASDAQ:BANR ) Q3, 2022 Earnings Call October 20, 2022 ET Company Participants Rich Arnold - Head of Investor Relations Mark Grescovich - President and Chief Executive Officer Peter Conner - Executive Vice President and Chief Financial Officer Jill...
Banner (BANR) Q3 Earnings and Revenues Beat Estimates
Banner (BANR) delivered earnings and revenue surprises of 4.41% and 4.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Banner Corporation Reports Net Income of $49.1 Million, or $1.43 Per Diluted Share, for Third Quarter 2022; Declares Quarterly Cash Dividend of $0.44 Per Share
WALLA WALLA, Wash., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $49.1 million, or $1.43 per diluted share, for the third quarter of 2022, a...
Is Banner (BANR) Stock Outpacing Its Finance Peers This Year?
Here is how Banner (BANR) and BancFirst (BANF) have performed compared to their sector so far this year.
Banner Corporation Announces Third Quarter 2022 Conference Call and Webcast
WALLA WALLA, Wash., Sept. 30, 2022 (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 19, 2022....
Is Banner (BANR) Outperforming Other Finance Stocks This Year?
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Vaalco Energy (EGY), Star Bulk Carriers (SBLK) and Banner (BANR) have been selected as the top picks with a high net income ratio.
Banner Corporation (BANR) CEO Mark Grescovich on Q2 2022 Results - Earnings Call Transcript
Banner Corporation (NASDAQ:BANR ) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET Company Participants Mark Grescovich - President and CEO Peter Conner - CFO Jill Rice - Chief Credit Officer Rich Arnold - Head of IR Conference...
Banner (BANR) Beats Q2 Earnings and Revenue Estimates
Banner (BANR) delivered earnings and revenue surprises of 3.31% and 9.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports