Banner Corp Financials
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 highly leveraged balance sheet is becoming less debt-heavy as equity growth outpaces liabilities.
In FY2025, equity expanded while liabilities stayed broadly flat and assets increased, pushing debt-to-equity down to 7.4x. That is deleveraging through capitalization rather than shrinking the balance sheet, a meaningful distinction for a bank. Operating cash flow of$257M nearly converted to free cash flow because capital expenditures were only$10M ; this points to limited physical reinvestment consuming reported cash.
Operating income rose faster than EBITDA in FY2025. Because depreciation and amortization also fell, the improvement below EBITDA was partly a lighter non-cash charge rather than purely stronger underlying operations.
The company distributed
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's EBITDA was $90.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.7% from the prior year.
Banner Corp reported $195K in net income in fiscal year 2025. This represents an increase of 15.7% from the prior year.
Banner Corp earned $5.64 per diluted share (EPS) in fiscal year 2025. This represents an increase of 15.6% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Banner Corp generated $247.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 11.3% from the prior year.
Banner Corp held $422.6M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Banner Corp paid $1.94 per share in dividends in fiscal year 2025. This represents an increase of 1.0% from the prior year.
Margins & Returns
Banner Corp's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Banner Corp spent $31.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Banner Corp invested $9.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 30.8% from the prior year.
Not reported for fiscal year 2025.
BANR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $202.7M+2.5% | $197.8M | N/A | $205.8M+2.8% | $200.3M+3.3% | $193.9M | N/A | $195.8M |
| SG&A Expenses | $69.4M+2.4% | $67.7M | N/A | $64.9M-0.8% | $65.5M+1.0% | $64.9M | N/A | $61.8M |
| Operating Income | $18.2M-4.9% | $19.2M | N/A | $20.7M+16.8% | $17.8M-7.1% | $19.1M | N/A | $18.1M |
| Interest Expense | $48.9M+2.7% | $47.6M | N/A | $55.9M0.0% | $55.9M+5.8% | $52.8M | N/A | $60.2M |
| Income Tax | $11.3M-12.0% | $12.8M | N/A | $12.5M+19.2% | $10.5M-1.4% | $10.7M | N/A | $10.6M |
| Net Income | $48.9M-10.7% | $54.7M+6.8% | $51.2M-4.2% | $53.5M+17.6% | $45.5M+0.8% | $45.1M-2.7% | $46.4M+2.7% | $45.2M |
| EPS (Diluted) | $1.43-10.6% | $1.60+7.4% | $1.49-3.2% | $1.54+17.6% | $1.31+0.8% | $1.30-3.0% | $1.34+3.1% | $1.30 |
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.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.6B+1.5% | $16.3B-0.1% | $16.4B-1.3% | $16.6B+0.8% | $16.4B+1.6% | $16.2B-0.2% | $16.2B+0.1% | $16.2B |
| Cash & Equivalents | $435.5M-0.9% | $439.2M+3.9% | $422.6M-37.2% | $672.9M+39.2% | $483.3M+9.4% | $441.9M-11.9% | $501.9M+4.8% | $478.8M |
| Goodwill | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M0.0% | $373.1M |
| Total Liabilities | $14.6B+1.5% | $14.4B-0.2% | $14.4B-1.7% | $14.7B+0.5% | $14.6B+1.6% | $14.3B-0.6% | $14.4B+0.2% | $14.4B |
| Total Equity | $2.0B+1.7% | $2.0B+1.0% | $1.9B+1.7% | $1.9B+2.5% | $1.9B+1.8% | $1.8B+3.3% | $1.8B-1.1% | $1.8B |
| Retained Earnings | $940.2M+3.4% | $909.2M+4.3% | $871.8M+4.1% | $837.8M+4.6% | $801.1M+3.7% | $772.4M+3.8% | $744.1M+4.1% | $714.5M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, 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.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $39.0M-64.5% | $109.8M+340.3% | $24.9M-79.3% | $120.4M+119.6% | $54.9M-4.2% | $57.2M-42.3% | $99.3M+55.7% | $63.8M |
| Capital Expenditures | $3.5M+742.9% | $420K-87.5% | $3.4M+90.5% | $1.8M-35.7% | $2.7M+64.8% | $1.7M-56.2% | $3.8M+14.1% | $3.3M |
| Free Cash Flow | $35.5M-67.6% | $109.4M+406.7% | $21.6M-81.8% | $118.7M+127.7% | $52.1M-6.2% | $55.6M-41.8% | $95.5M+58.0% | $60.4M |
| Investing Cash Flow | -$289.8M-1922.6% | -$14.3M-119.0% | -$6.5M-108.8% | $74.4M+132.2% | -$230.8M-273.5% | -$61.8M+7.1% | -$66.5M+30.2% | -$95.3M |
| Financing Cash Flow | $246.9M+413.0% | -$78.9M+70.6% | -$268.6M-4966.5% | -$5.3M-102.4% | $217.3M+492.6% | -$55.4M-472.6% | -$9.7M-103.7% | $262.9M |
| Dividends Paid | $18.3M+5.8% | $17.3M+0.9% | $17.1M+3.5% | $16.6M-3.0% | $17.1M+1.7% | $16.8M+1.3% | $16.6M+0.1% | $16.5M |
| Share Buybacks | $0-100.0% | $16.1M+2.3% | $15.8M0.0% | $15.8M | $0 | $0 | $0 | N/A |
BANR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 9.0%-0.7pp | 9.7% | N/A | 10.1%+1.2pp | 8.9%-1.0pp | 9.9% | N/A | 9.2% |
| Net Margin | 24.1%-3.5pp | 27.7% | N/A | 26.0%+3.3pp | 22.7%-0.6pp | 23.3% | N/A | 23.1% |
| Return on Equity | 2.5%-0.3pp | 2.8%+0.1pp | 2.6%-0.2pp | 2.8%+0.4pp | 2.4%0.0pp | 2.5%-0.2pp | 2.6%+0.1pp | 2.5% |
| Return on Assets | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3% |
| Debt-to-Equity | 7.300.0x | 7.31-0.1x | 7.40-0.3x | 7.66-0.2x | 7.810.0x | 7.82-0.3x | 8.13+0.1x | 8.03 |
| FCF Margin | 17.5%-37.8pp | 55.3% | N/A | 57.6%+31.6pp | 26.0%-2.7pp | 28.7% | N/A | 30.9% |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
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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 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.