BANR Earnings Prediction
The chart below shows how BANR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BANR sees a -3.81% change in stock price 10 days leading up to the earnings, and a -0.18% change 10 days following the report. On the earnings day itself, the stock moves by +0.22%. This data can give you a slight idea of what to expect for the next quarter's release.
BANR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
137.12M
-1.91%
3.37%
Gross Margin
--
--
--
Operating Margin
40.71%
0.22%
8.59%
Net Margin
32.93%
0.40%
9.77%
EPS
1.30
-2.26%
13.04%
No Data Available
BANR Earnings Analysis
Banner Corp Corporation (BANR.O) Earnings Conference Call
Positive
Net Profit Increase: Banner Corporation reported a net profit available to common shareholders of $45,200,000 or $1.30 per diluted share for Q3 2024, an increase from $1.15 per share in Q2 2024.
Core Earnings Increase: Core earnings for Q3 2024 were $57,000,000, up from $52,000,000 in the prior quarter, demonstrating strong operational performance.
Core Operations Revenue Growth: Total revenue from core operations increased by $3,000,000 to approximately $154,000,000 compared to Q2 2024, reflecting growth in core business activities.
Core Deposits Growth: Core deposits increased by $462,000,000 during the quarter, representing 89% of total deposits, indicating strong customer loyalty and funding stability.
Core Dividend Announcement: The company announced a core dividend of $0.48 per common share, supported by a 24% increase in tangible common equity per share from the same period last year.
Negative
Delinquent Loans Increase: Delinquent loans increased to 0.40% from 0.29% in the previous quarter, indicating a deterioration in credit quality.
Rising Adversely Classified Loans: Adversely classified loans rose by $28 million, now representing 1.33% of total loans, up 24 basis points from the last quarter, reflecting increased credit risk.
Asset Quality Concerns: Non-performing assets increased by $12 million, now at 0.28% of total assets, highlighting a growing concern in asset quality.
Muted Loan Growth: Loan growth was muted, with only a 1% increase in portfolio loan balances from the previous quarter, indicating weak demand for loans.
Loan Rate Decline: The average rate on new loan production decreased to 8.23% from 8.47% in the prior quarter, suggesting a decline in loan pricing power.
BANR FAQs
How does BANR typically perform around its earnings report dates?
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BANR Earning Call Sentiment
Earnings call transcript: Banner beats Q3 2024 forecasts, stock rises
BANR.O
-0.12%Positive
The earnings call presents mixed signals. Financial performance is solid with EPS growth and increased net interest income, but there's concern over rising non-performing assets and credit metrics. The Q&A highlights uncertainties, particularly around costs and M&A strategy. While core deposits and loan growth are positive, margin compression and increased deposit costs are negatives. The market cap suggests moderate volatility, resulting in a neutral prediction for stock price movement.
