Banner Corp reports results for the quarter ended in March - Earnings Summary

Banner

19/04/2023 22:02

* Banner Corp  BANR.OQ  reported quarterly adjusted earnings
of
$1.61​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
$1.58 per share.
    * Revenue rose 29.2% to $153.31 million from a year ago;
analysts
expected $155.04 million. 
    * Banner Corp's reported EPS for the quarter was $1.61​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Banner Corp shares had fallen by 4.5% this quarter and
lost 17.8% so far this year.
    * The company reported quarterly net income of $55.56
million.
    * Wall Street's median 12-month price target for Banner Corp
is
$63.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 19 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.58           1.61           Beat
 Dec. 31 2022      1.59           1.58           Missed
 Sep. 30 2022      1.39           1.43           Beat
 Jun. 30 2022      1.22           1.17           Missed