Banner Q2 adjusted revenue beats expectations

Banner

16/07/2025 21:14

Overview

Banner Q2 adjusted revenue beats analyst expectations, per LSEG data

Net income for Q2 in-line with analyst estimates, per LSEG data

Company declared a quarterly cash dividend of $0.48 per share

Outlook

Banner's credit metrics remain strong with a solid reserve for loan losses.

Company focuses on building client relationships and sustaining a moderate risk profile.

Result Drivers

LOAN GROWTH - Banner attributes earnings benefit to "solid" year-over-year loan growth, per CEO Mark Grescovich

HIGHER YIELDS - Increased yields on interest-earning assets contributed to higher net interest income

FUNDING COSTS - Higher funding costs partially offset benefits from increased yields and loan growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Revenue
Beat
$163 mln
$147.30 mln (5 Analysts)
Q2 EPS
$1.31
Q2 Net Income
In-line
$45.50 mln
$45.50 mln (5 Analysts)
Q2 Net Interest Income
$144.40 mln
Q2 Credit Loss Provision
$4.80 mln
Q2 Dividend
$0.48


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Banner Corp is $72.00, about 7.3% above its July 15 closing price of $66.71

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw6fMHCna

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)