Hsbc Holdings PLC increased its position in Banner Corporation (NASDAQ:BANR – Free Report) by 100.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,708 shares of the financial services provider’s stock after purchasing an additional 14,367 shares during the quarter. Hsbc Holdings PLC’s holdings in Banner were worth $1,743,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of BANR. Vanguard Group Inc. increased its holdings in Banner by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 3,837,199 shares of the financial services provider’s stock valued at $240,439,000 after buying an additional 44,249 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Banner by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,158,993 shares of the financial services provider’s stock worth $135,284,000 after buying an additional 5,552 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Banner by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,448,700 shares of the financial services provider’s stock worth $90,776,000 after buying an additional 6,835 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Banner by 19.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,011,347 shares of the financial services provider’s stock valued at $64,878,000 after buying an additional 165,557 shares in the last quarter. Finally, Nuveen LLC boosted its stake in Banner by 17.9% in the 4th quarter. Nuveen LLC now owns 749,083 shares of the financial services provider’s stock valued at $46,938,000 after buying an additional 113,632 shares in the last quarter. Institutional investors and hedge funds own 87.33% of the company’s stock.
Key Headlines Impacting Banner
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
Banner Stock Performance
Banner (NASDAQ:BANR – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). The business had revenue of $172.11 million during the quarter, compared to analyst estimates of $174.54 million. Banner had a return on equity of 10.72% and a net margin of 23.55%. Analysts expect that Banner Corporation will post 6.17 EPS for the current fiscal year.
Banner Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Tuesday, August 4th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, August 4th. Banner’s payout ratio is currently 34.32%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. Benchmark initiated coverage on Banner in a research note on Wednesday, July 8th. They set a “hold” rating for the company. Piper Sandler boosted their target price on shares of Banner from $63.00 to $67.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Weiss Ratings raised shares of Banner from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. Wall Street Zen cut shares of Banner from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Banner from $73.00 to $75.00 and gave the company a “market perform” rating in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $71.00.
View Our Latest Research Report on Banner
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.
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