Banner (NASDAQ:BANR) posted its earnings results on Tuesday. The financial services provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.45, MarketWatch Earnings reports. Banner had a net margin of 23.72% and a return on equity of 8.88%.
BANR stock opened at $52.09 on Thursday. The company has a 50 day moving average price of $55.81. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.84 and a quick ratio of 0.83. Banner has a 12 month low of $30.05 and a 12 month high of $60.42. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 12.62 and a beta of 1.14.
In other news, VP Peter Conner sold 900 shares of the firm’s stock in a transaction that occurred on Thursday, June 10th. The shares were sold at an average price of $58.12, for a total value of $52,308.00. Following the completion of the transaction, the vice president now directly owns 42,730 shares in the company, valued at $2,483,467.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.37% of the stock is currently owned by company insiders.
Banner Company Profile
Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans.
Featured Article: Management Fee
Receive News & Ratings for Banner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banner and related companies with MarketBeat.com's FREE daily email newsletter.