Banner Corporation
In the published model solve dated 2026-Q2, anchored at $70.50, Banner Corporation (BANR) is priced for 10.9% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Margin is the whole story here: net interest margin on a tax equivalent basis reached 3.96 percent for 2025 against 3.75 percent in 2024, and the June 2026 quarter came in at 4.13 percent [Source: Banner Corporation Q2 2026 earnings release, July 22, 2026]. • At roughly 1.2 times book the price already assumes that improvement becomes permanent, requiring a sustained return on equity near 11.1 percent against the roughly 10 percent recently earned. • Credit is the line that has been drifting:
Is BANR overvalued? See what's priced in →
257 institutional managers reported holding BANR in 13F filings for the quarter ended 2026-03-31. Together they hold about 92% of the company; the top 10 hold 55%. 33 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 1.3M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (6.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BANR has cut its share count 2% over the past five years, spending $75.33M on repurchases. It pays a dividend, and has for 14 years running; the current rate is $1.94 a share annually. Cash returned over the past three years: $184.54M in dividends and $47.72M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at BANR over the trailing three years. Absence is a fact about the company, not a signal. 28 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
BANR's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2022-08-05 | -3.4% | +0.2% |
| 2022-11-04 | -0.5% | -12.0% |
| 2023-05-06 | -0.9% | -1.2% |
| 2023-08-04 | -5.5% | -9.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
BANR's latest 8-K filings: 2026-08-17 (items 8.01, 9.01); 2026-08-13 (items 8.01); 2026-08-03 (items 8.01, 9.01); 2026-07-22 (items 2.02, 7.01, 8.01, 9.01); 2026-05-22 (items 5.07, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.