Wellington Management Group LLP Sells 119,190 Shares of Banner Corporation $BANR

Posted by Brenda Bartman on Sep 3rd, 2026

Wellington Management Group LLP cut its position in Banner Corporation (NASDAQ:BANR – Free Report) by 11.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 903,281 shares of the financial services provider’s stock after selling 119,190 shares during the period. Wellington Management Group LLP’s holdings in Banner were worth $60,014,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Banner by 54.7% in the first quarter. Royal Bank of Canada now owns 22,128 shares of the financial services provider’s stock valued at $1,412,000 after acquiring an additional 7,828 shares during the period. AQR Capital Management LLC raised its position in shares of Banner by 19.6% during the first quarter. AQR Capital Management LLC now owns 29,714 shares of the financial services provider’s stock worth $1,895,000 after purchasing an additional 4,877 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Banner by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,422 shares of the financial services provider’s stock worth $1,302,000 after purchasing an additional 891 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Banner in the 1st quarter valued at $248,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Banner by 5.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,471 shares of the financial services provider’s stock valued at $7,427,000 after purchasing an additional 6,059 shares during the period. 87.33% of the stock is owned by institutional investors and hedge funds.

Banner Trading Up 2.1%

NASDAQ BANR opened at $70.04 on Thursday. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 11.56 and a beta of 0.82. Banner Corporation has a one year low of $57.05 and a one year high of $74.84. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.88 and a quick ratio of 0.88. The business’s fifty day moving average is $69.98 and its 200-day moving average is $65.63.

Banner (NASDAQ:BANR – Get Free Report) last posted its quarterly 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). Banner had a net margin of 23.55% and a return on equity of 10.72%. The company had revenue of $172.11 million for the quarter, compared to the consensus estimate of $174.54 million. Equities research analysts predict that Banner Corporation will post 6.2 EPS for the current year.

Banner Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Tuesday, August 4th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, August 4th. Banner’s dividend payout ratio is currently 34.32%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BANR. Weiss Ratings upgraded shares of Banner from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Wall Street Zen cut shares of Banner from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. DA Davidson boosted their target price on shares of Banner from $72.00 to $76.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Benchmark initiated coverage on shares of Banner in a report on Wednesday, July 8th. They issued a “hold” rating on the stock. Finally, Keefe, Bruyette & Woods raised their price target on shares of Banner from $75.00 to $78.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Banner currently has an average rating of “Hold” and an average target price of $72.75.

View Our Latest Stock Analysis on BANR

Banner Company Profile

(Free Report)

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.