BANR Stock Summary and Trading Ideas (Banner | NASDAQ:BANR)

Banner Corp is a bank holding company. It wholly owns one subsidiary bank, Banner Bank. The Bank's primary business is that of traditional banking institutions, accepting deposits and originating loans in locations surrounding its offices in Washington, Oregon, California, Idaho and Utah. Banner Bank also actively participates in the secondary loan markets, engaging in mortgage banking operations largely through the origination and sale of one to four family residential loans.

Banner trades on the NASDAQ stock market under the symbol BANR.

As of January 29, 2025, BANR stock price declined to $70.52 with 162,288 million shares trading.

BANR has a beta of 0.96, meaning it tends to be less sensitive to market movements. BANR has a correlation of 0.13 to the broad based SPY ETF.

BANR has a market cap of $2.43 billion. This is considered a Mid Cap stock.

Last quarter Banner reported $161 million in Revenue and $1.33 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.13.

In the last 3 years, BANR traded as high as $78.05 and as low as $39.31.

The top ETF exchange traded funds that BANR belongs to (by Net Assets): IJR, VTI, SCHD, IWM, VB.

BANR has outperformed the market in the last year with a return of +50.2%, while the SPY ETF gained +24.9%. In the last 3 month period, BANR beat the market returning +9.2%, while SPY returned +4.0%. However, in the most recent 2 weeks BANR has underperformed the stock market by returning +1.6%, while SPY returned +3.4%.

BANR support price is $69.44 and resistance is $72.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BANR shares will trade within this expected range on the day.