
Banner (BANR) Stock Forecast & Price Target
Banner (BANR) Analyst Ratings
Bulls say
Banner Corp has demonstrated a solid financial performance, highlighted by a 16.8% increase in non-interest income to $20.7 million, surpassing projections and indicating strong growth in core banking operations. Additionally, net interest income (NII) rose by 3.9% to $150.0 million, driven by gains from building and lease exits as well as increased service charges and mortgage income, showcasing effective management of revenue streams. The bank's robust core deposit growth of 14% year-over-quarter to $12.5 billion, coupled with a significant reduction in FHLB advances, reflects a strong foundation for continued operational strength and investor confidence.
Bears say
Banner Corp faces a negative outlook primarily due to its muted loan growth and declining production in recent quarters, highlighted by a modest increase of only 0.4% in loans in 3Q, which is significant given the backdrop of a rising interest rate environment. The company's reliance on mortgage banking operations poses additional risks, as decreasing mortgage banking revenues could negatively impact noninterest income. Furthermore, despite a favorable non-performing asset (NPA) ratio at 0.38%, the potential for economic deterioration in the Pacific Northwest raises concerns about the long-term sustainability of its financial performance.
This aggregate rating is based on analysts' research of Banner and is not a guaranteed prediction by Public.com or investment advice.
Banner (BANR) Analyst Forecast & Price Prediction
Start investing in Banner (BANR)
Order type
Buy in
Order amount
Est. shares
0 shares