Los Angeles Capital Management LLC Sells Shares of Banner Corporation at Defense World
August 10, 2023
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Recently, Los Angeles Capital Management LLC has sold some shares of Banner Corporation ($NASDAQ:BANR) to Defense World. Banner Corporation is a leading provider of production and performance products for the defense industry. It produces a wide array of items, including avionics, electronic systems, and software. The company also offers a variety of training, support, and consulting services to help customers maximize their use of Banner’s products. Banner Corporation is dedicated to providing the highest quality products and services to support the needs of the modern warfighter. It has shown its commitment to meeting these needs by continuously investing in research and development efforts, as well as in establishing close relationships with its customers.
The company has also created strong partnerships with a number of major defense contractors to further enhance its products and services. Banner Corporation is well positioned to continue to provide innovative solutions in the defense industry. Its cutting-edge products are designed to keep pace with the latest advances in technology and provide customers with the most reliable and effective solutions available. With its solid reputation and strong partnerships, Banner Corporation is well-positioned to capitalize on the growing demand from the defense industry.
Price History
On Monday, the stock opened at $48.0 and closed at $48.6, which was a 1.0% increase from the previous closing price of 48.1. This positive price trend for BANNER CORPORATION’s stock indicates that the company’s performance is increasing in value. 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 |
| – | 198.6 | – |
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 |
| 15.58k | 14.04k | – |
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
GoodWhale conducted an analysis of BANNER CORPORATION‘s wellbeing and found that it was classified 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 that may be interested in such a company could be those with a higher tolerance for risk and the potential for higher returns. Overall, BANNER CORPORATION has a health score of 9/10, which is strong considering its cashflows and debt, making it capable of safely riding out any crisis without the risk of bankruptcy. An analysis of the company’s performance revealed that it was strong in growth, asset, dividend, and medium in profitability. 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 public company listed on the Nasdaq. Los Angeles Capital Management LLC recently sold a significant amount of shares in Banner Corporation. The company has a strong balance sheet and has experienced positive cash flow in recent quarters. Its revenue and earnings have grown significantly over the past five years, making it an attractive investment opportunity.
Furthermore, its dividend yield is above average, making it an attractive option for income-oriented investors. The company also has a good record of managing costs and its debt-to-equity ratio is below industry averages. Overall, Banner Corporation is a solid investment that should be attractive to investors seeking both long-term capital appreciation and income potential.
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