Banner Corp. (BANR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BANR SEC filings page.
This page shows Banner Corp. (BANR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Banner's bank-like model is funded mainly by liabilities, with FY2025 equity growth improving capitalization while cash flow stayed positive after capital spending.
Debt-to-equity fell from 8.5x in FY2023 to 7.4x in FY2025 while liabilities increased only modestly, indicating that capitalization improved primarily because equity rebuilt faster than obligations—not because the business became lightly leveraged.
Reported cash conversion remained close: operating cash flow was
Operating income was
Financial Health Signals
Banner Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Banner Corp. passes 5 of 5 computable financial strength tests (4 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass.
Banner Corp. reported $195K of net income while generating $257.5M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Banner Corp. earns $0.34 in operating income for every $1 of interest expense ($72.8M vs $217.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Banner Corp. generated $202.7M in revenue in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. Against the prior quarter it is up 2.5%.
Banner Corp.'s EBITDA was $21.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.8% from the same quarter a year earlier. Against the prior quarter it is down 4.9%.
Banner Corp. reported $48.9M in net income in Q2 2026. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is down 10.7%.
Banner Corp. earned $1.43 per diluted share (EPS) in Q2 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is down 10.6%.
Cash & Balance Sheet
Banner Corp. generated $35.5M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 31.9% from the same quarter a year earlier. Against the prior quarter it is down 67.6%.
Banner Corp. held $435.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Banner Corp. paid $0.52 per share in dividends in Q2 2026. This represents an increase of 8.3% from the same quarter a year earlier. Against the prior quarter it is up 4.0%.
Margins & Returns
Banner Corp.'s operating margin was 9.0% in Q2 2026, reflecting core business profitability. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.
Banner Corp.'s net profit margin was 24.1% in Q2 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.5 percentage points.
Banner Corp.'s ROE was 2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
Not reported for Q2 2026.
Capital Allocation
Banner Corp. repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.
Banner Corp. invested $3.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is up 742.9%.
Not reported for Q2 2026.
BANR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $202.7M+1.2% | $197.8M+2.0% | N/A | $205.8M+5.1% | $200.3M+5.9% | $193.9M+5.0% | N/A | $195.8M+9.4% |
| SG&A Expenses | $69.4M+6.0% | $67.7M+4.4% | N/A | $64.9M+5.0% | $65.5M+2.6% | $64.9M+4.0% | N/A | $61.8M+1.2% |
| Operating Income | $18.2M+2.7% | $19.2M+0.3% | N/A | $20.7M+14.8% | $17.8M+3.2% | $19.1M+64.9% | N/A | $18.1M+42.7% |
| EBITDA | $21.9M-4.8% | $23.1M-3.4% | N/A | $24.5M+11.2% | $23.0M-2.5% | $23.9M+41.4% | N/A | $22.0M+22.2% |
| Interest Expense | $48.9M-12.4% | $47.6M-9.7% | N/A | $55.9M-7.2% | $55.9M-1.3% | $52.8M+2.0% | N/A | $60.2M+61.3% |
| Income Tax | $11.3M+7.2% | $12.8M+20.1% | N/A | $12.5M+18.1% | $10.5M+11.2% | $10.7M+20.7% | N/A | $10.6M-0.5% |
| Net Income | $48.9M+7.5% | $54.7M+21.2% | $51.2M+10.5% | $53.5M+18.5% | $45.5M+14.3% | $45.1M+20.2% | $46.4M+8.8% | $45.2M-1.5% |
| EPS (Basic) | $1.44+9.9% | $1.61+22.9% | $1.50+11.9% | $1.55+18.3% | $1.31+13.9% | $1.31+20.2% | $1.34+8.1% | $1.31-1.5% |
| EPS (Diluted) | $1.43+9.2% | $1.60+23.1% | $1.49+11.2% | $1.54+18.5% | $1.31+13.9% | $1.30+19.3% | $1.34+8.1% | $1.30-2.3% |
| Diluted Shares (Avg) | 34M-1.8% | 34M-1.5% | N/A | 35M0.0% | 35M+0.6% | 35M+0.7% | N/A | 35M+0.6% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
BANR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.6B+1.0% | $16.3B+1.1% | $16.4B+1.0% | $16.6B+2.3% | $16.4B+3.9% | $16.2B+4.2% | $16.2B+3.4% | $16.2B+4.4% |
| Cash & Equivalents | $435.5M-9.9% | $439.2M-0.6% | $422.6M-15.8% | $672.9M+40.5% | $483.3M+95.3% | $441.9M+111.2% | $501.9M+97.2% | $478.8M+90.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% |
| Total Liabilities | $14.6B+0.2% | $14.4B+0.3% | $14.4B-0.1% | $14.7B+1.8% | $14.6B+3.2% | $14.3B+3.5% | $14.4B+2.9% | $14.4B+2.9% |
| Total Equity | $2.0B+7.2% | $2.0B+7.3% | $1.9B+9.7% | $1.9B+6.6% | $1.9B+10.3% | $1.8B+10.1% | $1.8B+7.4% | $1.8B+18.0% |
| Retained Earnings | $940.2M+17.4% | $909.2M+17.7% | $871.8M+17.2% | $837.8M+17.3% | $801.1M+16.8% | $772.4M+16.5% | $744.1M+15.9% | $714.5M+15.9% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
BANR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $39.0M-28.8% | $109.8M+91.9% | $24.9M-74.9% | $120.4M+88.9% | $54.9M-30.3% | $57.2M+11.2% | $99.3M+46.8% | $63.8M-11.0% |
| Depreciation & Amortization | $3.7M-30.0% | $3.9M-18.2% | $4.2M-16.2% | $3.7M-5.3% | $5.3M-17.7% | $4.8M-10.1% | $5.0M-6.8% | $3.9M-26.4% |
| Stock-Based Compensation | N/A | $2.6M+18.8% | N/A | N/A | N/A | $2.2M+0.2% | N/A | N/A |
| Capital Expenditures | $3.5M+29.3% | $420K-74.7% | $3.4M-11.6% | $1.8M-47.1% | $2.7M-37.8% | $1.7M-25.4% | $3.8M+25.4% | $3.3M-45.7% |
| Free Cash Flow | $35.5M-31.9% | $109.4M+96.9% | $21.6M-77.4% | $118.7M+96.4% | $52.1M-29.8% | $55.6M+12.9% | $95.5M+47.8% | $60.4M-7.7% |
| Investing Cash Flow | -$289.8M-25.6% | -$14.3M+76.8% | -$6.5M+90.2% | $74.4M+178.1% | -$230.8M+15.0% | -$61.8M-199.3% | -$66.5M+17.6% | -$95.3M-272.0% |
| Financing Cash Flow | $246.9M+13.6% | -$78.9M-42.5% | -$268.6M-2678.5% | -$5.3M-102.0% | $217.3M-5.9% | -$55.4M+65.2% | -$9.7M-161.0% | $262.9M+447.7% |
| Dividends Paid | $18.3M+7.1% | $17.3M+3.0% | $17.1M+3.4% | $16.6M0.0% | $17.1M+0.8% | $16.8M+0.5% | $16.6M+0.4% | $16.5M+0.3% |
| Share Buybacks | $0 | $16.1M | $15.8M | $15.8M | $0 | $0 | $0 | N/A |
BANR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 9.0%+0.1pp | 9.7%-0.2pp | N/A | 10.1%+0.8pp | 8.9%-0.2pp | 9.9%+3.6pp | N/A | 9.2%+2.2pp |
| Net Margin | 24.1%+1.4pp | 27.7%+4.4pp | N/A | 26.0%+2.9pp | 22.7%+1.7pp | 23.3%+2.9pp | N/A | 23.1%-2.5pp |
| Return on Equity | 2.5%0.0pp | 2.8%+0.3pp | 2.6%0.0pp | 2.8%+0.3pp | 2.4%+0.1pp | 2.5%+0.2pp | 2.6%0.0pp | 2.5%-0.5pp |
| Return on Assets | 0.3%0.0pp | 0.3%+0.1pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp |
| Debt-to-Equity | 7.30-0.5x | 7.31-0.5x | 7.40-0.7x | 7.66-0.4x | 7.81-0.5x | 7.82-0.5x | 8.13-0.4x | 8.03-1.2x |
| Asset Turnover | 0.010.0x | 0.010.0x | N/A | 0.010.0x | 0.010.0x | 0.010.0x | N/A | 0.010.0x |
| FCF Margin | 17.5%-8.5pp | 55.3%+26.6pp | N/A | 57.6%+26.8pp | 26.0%-13.3pp | 28.7%+2.0pp | N/A | 30.9%-5.7pp |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Banner Corp. BANR | FY2025 | N/A | $195K | N/A | $2.5B | — |
| First Bancorp/NC FBNC | FY2025 | $390.3M | $111.0M | 28.4% | $2.5B | 50/100 |
| Enterprise Financial Services Corporation EFSC | FY2025 | $739.9M | $201.4M | 27.2% | $2.2B | 55/100 |
| Trustmark Corp TRMK | FY2025 | $799.8M | $224.1M | 28.0% | $2.6B | 38/100 |
| Pacific Premier Bancorp Inc PPBI | FY2024 | $619.8M | $158.8M | 25.6% | $2.4B | 46/100 |
| First Merchants Corp FRME | FY2025 | $662.9M | $226.0M | 34.1% | $2.5B | 65/100 |
Where Banner Corp. Ranks
Frequently Asked Questions
Is Banner Corp. profitable?
Yes, Banner Corp. (BANR) reported a net income of $195K in fiscal year 2025.
What is Banner Corp.'s EBITDA?
Banner Corp. (BANR) had EBITDA of $90.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Does Banner Corp. pay dividends?
Yes, Banner Corp. (BANR) paid $1.94 per share in dividends during fiscal year 2025.
What is Banner Corp.'s return on equity (ROE)?
Banner Corp. (BANR) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Banner Corp.'s free cash flow?
Banner Corp. (BANR) generated $247.9M in free cash flow during fiscal year 2025. This represents a -11.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Banner Corp.'s operating cash flow?
Banner Corp. (BANR) generated $257.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Banner Corp.'s total assets?
Banner Corp. (BANR) had $16.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Banner Corp.'s capital expenditures?
Banner Corp. (BANR) invested $9.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Banner Corp.'s debt-to-equity ratio?
Banner Corp. (BANR) had a debt-to-equity ratio of 7.40 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Banner Corp.'s return on assets (ROA)?
Banner Corp. (BANR) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Banner Corp.'s P/E ratio?
Banner Corp. (BANR) trades at 11.9x earnings, its market capitalization divided by net income of $208.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.5B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Banner Corp.'s price-to-sales ratio?
Banner Corp. (BANR) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $2.5B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Banner Corp.'s Piotroski F-Score?
Banner Corp. (BANR) has a Piotroski F-Score of 5 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Banner Corp.'s earnings high quality?
Banner Corp. (BANR) reported $195K of net income while generating $257.5M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Banner Corp. cover its interest payments?
Banner Corp. (BANR) has an interest coverage ratio of 0.34x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.