
Banner (BANR) Stock Forecast & Price Target
Banner (BANR) Analyst Ratings
Bulls say
Banner Corp's positive outlook is supported by a notable 16.8% increase in non-interest income quarter-over-quarter, reaching $20.7 million, driven by higher service charges and mortgage income. Additionally, net interest income (NII) rose by 3.9% to $150.0 million, reflecting strong core deposit growth of 4% that facilitated a significant reduction in FHLB advances by 82%. The bank's financial health is further evidenced by robust deposit growth, improved net interest margin, and excellent credit quality, alongside strategic initiatives such as a dividend increase and an active stock buyback program.
Bears say
Banner Corporation faces a challenging outlook due to a decline in loan originations driven by reduced commercial and industrial (C&I) utilization and increased payoffs in commercial real estate (CRE). The company's reliance on mortgage banking revenues poses additional risks as rising interest rates could diminish noninterest income, highlighting vulnerabilities in its business model. Furthermore, potential economic deterioration in the Pacific Northwest could negatively impact asset quality, particularly in commercial real estate and construction portfolios, reflecting significant risks to the bank's financial stability.
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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