Banner Corporation Wins Award for Trustworthiness
November 9, 2023
☀️Trending News
Banner Corporation ($NASDAQ:BANR) has been recognized for its trustworthiness by being awarded the title of the most trustworthy company. This award comes as no surprise to those familiar with the company as Banner Corporation has always been committed to providing its customers with trustworthy services. It operates through two subsidiaries, Banner Bank and Islanders Bank, that provide a variety of services such as consumer banking, commercial banking, and wealth management. The company has grown substantially over the past several years and continues to offer competitive products and services that are tailored to meet customers’ needs.
Through its commitment to trustworthiness, Banner Corporation is dedicated to delivering the best possible customer experience. It is proud to have received this prestigious award and will continue to provide top-notch services that customers can depend on.
Price History
On Wednesday, BANNER CORPORATION received an esteemed award for trustworthiness from a prestigious organization, making it the envy of its competitors. This recognition comes at a time when the company’s stock opened at $44.0 and closed at $42.7, a 2.5% decrease from the previous closing price of $43.8. This award stands as a testament to the company’s commitment to producing quality products and services that can be trusted by its customers. 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 |
| – | 195.38 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Banner Corporation. More…
| Operations | Investing | Financing |
| 270.24 | 193.65 | -1.03k |
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 |
| 15.51k | 13.99k | – |
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
At GoodWhale, we conducted an analysis of BANNER CORPORATION‘s fundamentals and based on the Star Chart, we found that BANNER CORPORATION is strong in growth, asset, dividend, and medium in profitability. Furthermore, our health score for BANNER CORPORATION was 9 out of 10. This score is based on its cashflows and debt, showing that it is capable to pay off debt and fund future operations. Based on our analysis, we classified BANNER CORPORATION as a ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who may be interested in such companies are those looking to capitalize on an opportunity with a longer-term outlook and taking on some risk. Those investors who are looking for more stable investments with lower returns may not be interested in this type of company. 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
Banner Corporation is a financial services company that has been recognized for its trustworthiness and investment services. It offers a variety of investment products, such as stocks, bonds, mutual funds, annuities, and trust services. The Company has a long-standing history of providing quality financial advice and services to its customers, and is committed to helping them build and protect their wealth.
Banner Corporation’s financial analysts provide comprehensive, personalized investment advice to its clients, and its portfolio managers use sophisticated risk management tools to ensure the best possible outcomes for their investments. The company has received praise from financial industry leaders for its innovative approach to investing and sound financial practices.
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