Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provide commercial banking and financial products and services to individuals, businesses, and public sector entities. It offers deposit products, cash management services, and retirement savings plans. The Company also provides commercial and consumer loans. In addition, it engages in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans.

Type
Public
HQ
Walla Walla, US
Founded
1890
Size (employees)
1,942 (est)
Banner Corporation was founded in 1890 and is headquartered in Walla Walla, US
Report incorrect company information

Banner Corporation Office Locations

Banner Corporation has offices in Bellevue, Hillsboro, Lynnwood, Lake Oswego and in 34 other locations
Walla Walla, US (HQ)
10 South First Avenue P.O. Box 907
Show all (38)
Report incorrect company information

Banner Corporation Financials and Metrics

Banner Corporation Financials

Banner Corporation's revenue was reported to be $474.95 m in FY, 2016 which is a 50% increase from the previous period.
USD

Revenue (Q1, 2018)

126.2 m

Gross profit (Q1, 2018)

120.7 m

Gross profit margin (Q1, 2018), %

95.7%

Net income (Q1, 2018)

28.8 m

EBIT (Q1, 2018)

97.4 m

Market capitalization (14-Jun-2018)

1.9 b

Closing share price (14-Jun-2018)

60.2

Cash (31-Mar-2018)

242 m
Banner Corporation's current market capitalization is $1.9 b.
Annual
USDFY, 2015FY, 2016

Revenue

316.7 m474.9 m

Revenue growth, %

50%

Cost of goods sold

12.2 m16.4 m

Gross profit

304.6 m458.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

115.3 m117.9 m121.4 m119.9 m126.9 m126.2 m

Cost of goods sold

3.1 m2.8 m2.7 m2.7 m2.5 m2.6 m2.6 m4.3 m4.2 m4.1 m4.2 m4.7 m5.4 m

Gross profit

111 m113.7 m117.2 m115.7 m122.2 m120.7 m

Gross profit Margin, %

96%96%97%96%96%96%
Annual
USDFY, 2015FY, 2016

Cash

117.7 m177.1 m

Accounts Receivable

29.6 m30.2 m

PP&E

167.6 m166.5 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

184 m135.2 m260.6 m234.7 m245.9 m300.7 m273.5 m242 m

PP&E

101.1 m102.9 m168.8 m167.6 m167.6 m162.5 m161.1 m156 m

Goodwill

244.8 m244.6 m244.6 m244.6 m244.6 m242.7 m

Total Assets

5.2 b5.3 b9.7 b9.9 b9.8 b10.1 b10.2 b10.3 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

46.6 m54.2 m45.2 m85.4 m

Depreciation and Amortization

10 m13.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

17 m14.8 m12.1 m25.4 m38.3 m17.8 m38.7 m62.6 m23.8 m49.2 m28.8 m

Depreciation and Amortization

4.1 m6.3 m2.9 m6 m9.2 m2.9 m6.5 m3.6 m

Purchases of PP&E

(5.9 m)(9.8 m)(4.3 m)(6.1 m)(9.2 m)(3.6 m)(5.4 m)(5 m)

Cash From Investing Activities

(38.8 m)(197.8 m)(70.3 m)(568.7 m)(478.3 m)
USDY, 2018

Financial Leverage

8.2 x
Show all financial metrics

Banner Corporation Operating Metrics

Banner Corporation's Total Loans was reported to be $7.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$16.74 m$24.73 m$23.29 m$23.53 m$15.22 m$15.62 m$25.32 m$27.30 m$22.58 m$18.06 m$21.87 m

Total Loans

$3.83 b$4.11 b$4.25 b$4.37 b$7.31 b$7.19 b$7.33 b$7.40 b$7.45 b$7.42 b$7.55 b
Show all operating metrics
Report incorrect company information

Banner Corporation Online and Social Media Presence

Embed Graph
Report incorrect company information