
Banner (BANR) Stock Forecast & Price Target
Banner (BANR) Analyst Ratings
Bulls say
Banner Corp has demonstrated notable financial strength, highlighted by a 16.8% quarter-over-quarter increase in non-interest income, reaching $20.7 million, which exceeded projections. The bank's net interest income (NII) also saw a healthy 3.9% rise to $150 million, driven by gains in multiple revenue streams, including higher service charges and mortgage income, while core deposit growth surged 4% sequentially. Additionally, the company’s robust performance has resulted in a dividend increase, an active buyback program, and a positive outlook on potential merger and acquisition opportunities, further emphasizing its strong financial position and confidence in future results.
Bears say
Banner Corporation's outlook is negatively impacted by a decline in loan originations due to factors such as lower commercial and industrial (C&I) utilization and payoffs in commercial real estate, which may hinder the bank's growth and profitability. Additionally, the rising interest rate environment poses a threat to mortgage banking revenues, leading to concerns about decreasing noninterest income. Finally, risks associated with asset quality deterioration, particularly in commercial real estate and construction portfolios, further exacerbate concerns regarding potential economic downturns in the Pacific Northwest.
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
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