Home Sectors Financial Services Love or Hate: Banner Corporation (NASDAQ: BANR)

Love or Hate: Banner Corporation (NASDAQ: BANR)


Banner Corporation is part of the financial services sector and is in the banking industry. The company CEO is Mark J. Grescovich. Banner Corp operates through the Banner Bank and Islanders Bank. It provides commercial banking services and financial products to individuals, businesses, and public sector entities in its primary market areas.

Previous Intraday Trading Performance:

The BANR stock showed a previous change of -3.85% with an open at 56.00 and a close of 54.02. It reached an intraday high of 56.25 and a low of 53.87.

SeekingAlpha:  Banner’s (BANR) CEO Mark Grescovich on Q4 2018 Results – Earnings Call Transcript


The stock has a market cap of $1.9b with 35.2m shares outstanding, of which the float is 33.7m shares. Trading volume reached 201,388 shares compared to its average volume of 197,818 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Banner Corporation shares returned -6.07% and in the past 30 trading days it returned -4.34%. Over three months, it changed 3.94%. In one year it has changed -4.36% and within that year its 52-week high was 67.11 and its 52-week low was 48.50. BANR stock is 11.38% above its 52 Week Low.

Our calculations show a 200 day moving average of 59.49 and a 50 day moving average of 57.56. Currently BANR stock is trading -9.20% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Banner’s (BANR) CEO Mark Grescovich on Q4 2018 Results – Earnings Call Transcript


The last annual fiscal EPS for the company was reported at 4.17 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.99. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.05. The TTM EPS is 4.17, which comes to a TTM PE of 12.95. Historically, the PE high was 36.50 and the PE low was 12.95. BANR stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
12-31-2018:  1.09
09-30-2018:  1.19
06-30-2018:  1.00
03-31-2018:  0.89

The dividend per share is currently 1.52, which is a dividend yield of 2.81%. Also, the payout ratio is 36.45%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 60.69, which means it is possibly undervalued and has a margin of safety of 10.99%

Indicators to Watch:

Based on the latest filings, there is 4.60% of insider ownership and 135.00% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.77

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.92%, return on assets is 1.26%, profit margin is 25.65%, price-to-sales is 3.71 and price-to-book is 1.34.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.