Banner Corporation Intrinsic Value Calculation – Victory Capital Management Sells Nearly Half a Million Shares of Banner Corporation
June 27, 2023
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Victory Capital Management Inc. has recently sold 495655 shares of Banner Corporation ($NASDAQ:BANR), one of the world’s leading providers of financial products and services. The company offers a range of products and services such as deposits, loans, credit cards, and investment services to consumers, businesses, and government entities in the United States. It also provides financial advice to corporate and institutional clients.
Banner Corporation is listed on the Nasdaq exchange under the ticker symbol BANR. With this significant divestment of shares by Victory Capital Management Inc., investors are likely to keep a close eye on BANR stock in the upcoming days.
Share Price
BANNER CORPORATION stock opened at $44.0 and closed at $43.6, which was a slight decrease of 0.1% from its prior closing price of 43.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Banner Corporation. More…
| Total Revenues | Net Income | Net Margin |
| – | 206.97 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Banner Corporation. More…
| Operations | Investing | Financing |
| 238.05 | -1.44k | -684.73 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Banner Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.53k | 14k | – |
Key Ratios Snapshot
Some of the financial key ratios for Banner Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.5% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Banner Corporation Intrinsic Value Calculation
At GoodWhale, we have conducted an analysis of the wellbeing of BANNER CORPORATION. We have come to the conclusion that the fair value of BANNER CORPORATION share is around $57.9, which was calculated using our proprietary Valuation Line. Currently, BANNER CORPORATION stock is being traded at $43.6, which is undervalued by 24.8%. This means that there is a great opportunity for those looking to invest in BANNER CORPORATION. We believe that by investing now, investors can make a good return on their investments. More…
Peers
The company’s primary competitors are Golden VY Bancshares Inc, Red River Bancshares Inc, and CB Financial Services Inc. All three companies are similar in size and offer similar banking products and services. Banner Corp has a slight advantage in terms of geography, as it operates in a larger geographic area than its competitors.
However, all three companies are well-positioned to compete for market share in the northwest United States.
– Golden VY Bancshares Inc ($OTCPK:GVYB)
Golden VY Bancshares Inc is a bank holding company that operates through its subsidiary, Golden Valley Bank. The Bank offers a range of personal and business banking services. Its personal banking services include checking and savings accounts, loans, and credit cards. The Bank’s business banking services include loans, lines of credit, and treasury management. As of December 31, 2020, Golden VY Bancshares Inc operated through 11 full-service branches located in California’s Central Valley.
– Red River Bancshares Inc ($NASDAQ:RRBI)
Red River Bancshares Inc is a bank holding company. The Company’s primary business is the ownership and operation of its bank subsidiary, Red River Bank (the Bank). The Bank provides a range of banking services to individual and corporate customers in central Louisiana.
– CB Financial Services Inc ($NASDAQ:CBFV)
CB Financial Services Inc is a bank holding company. The Company’s principal business is the ownership and operation of its subsidiaries, Citizens Bank and Citizens Bank of Pennsylvania. These subsidiaries are engaged in the business of banking and related activities, including accepting deposits, making loans and providing other services for personal, business and institutional customers.
Summary
Victory Capital Management Inc. recently sold 495655 shares of Banner Corporation, a publicly traded company. Analysts suggest that investors should take note of this sale and consider the potential risks associated with investing in Banner Corporation. Key considerations include the company’s financial health, business plan, competitive landscape, and future prospects.
Investors should also assess the current market conditions and potential catalysts that may impact Banner Corporation’s future performance. It is recommended to conduct a thorough analysis before taking a position in the stock.
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