Banner Corporation

NasdaqGS:BANR Stock Report

Market Cap: US$2.2b

Banner Management

Management criteria checks 3/4

Banner's CEO is Mark Grescovich, appointed in Apr 2010, has a tenure of 16.17 years. total yearly compensation is $3.59M, comprised of 26.5% salary and 73.5% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth $17.46M. The average tenure of the management team and the board of directors is 7.1 years and 5.3 years respectively.

Key information

Mark Grescovich

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage26.45%
CEO tenure16.2yrs
CEO ownership0.8%
Management average tenure7.1yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Narrative Update Apr 20

BANR: Trimmed Price Views And Buybacks Will Shape Forward Return Profile

Analysts have trimmed their price targets on Banner by $4 to reflect slightly softer revenue growth expectations and a modestly adjusted outlook for forward P/E and margins. Analyst Commentary Recent research pieces highlight a mix of optimism and caution around Banner, with the $4 trim in price targets reflecting a more measured view of revenue growth, profitability and valuation.
Narrative Update Apr 04

BANR: Updated P/E Assumptions And Buybacks Will Shape Future Return Potential

Analysts have trimmed their price targets on Banner, with recent research pointing to a roughly $4 cut that reflects updated assumptions for fair value, profit margins, and forward P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts still see Banner as reasonably aligned with their updated fair value work, even after the roughly US$4 target trim.
Narrative Update Feb 15

BANR: Recalibrated Risk Assumptions And Buybacks Will Shape Balanced Return Outlook

Analysts have lowered their price target on Banner by $4 to reflect updated assumptions around discount rates and forward P/E, while fair value estimates remain unchanged. Analyst Commentary Recent Street research on Banner centers on how updated discount rate assumptions and forward P/E inputs affect the risk and reward profile for investors, even as fair value estimates hold steady.
Narrative Update Feb 01

BANR: Share Buybacks And Lower Charge-Offs Will Support Upside Potential

Analysts have trimmed their fair value estimate for Banner by about $3 to roughly $70. This reflects updated assumptions on growth, profitability, discount rate and future P/E, and is in line with recent price target cuts seen in Street research.
Seeking Alpha Jan 14

Banner Corporation: As Earnings Near, I Remain Bullish

Summary Banner Corporation remains a soft 'Buy' due to high asset quality, solid credit metrics, and relative valuation advantages. BANR's deposit and loan growth are organic, with minimal brokered deposits and healthy expansion in core account categories. Net interest income and non-interest income are rising, driving higher profitability and improved net interest margins. BANR trades at a P/E of 11.1, above my ideal, but is still cheaper than most peers and maintains strong returns on assets and equity. Read the full article on Seeking Alpha
Analysis Article Oct 28

Banner (NASDAQ:BANR) Is Paying Out A Larger Dividend Than Last Year

Banner Corporation ( NASDAQ:BANR ) will increase its dividend from last year's comparable payment on the 14th of...
Analysis Article Jul 21

Banner (NASDAQ:BANR) Has Announced A Dividend Of $0.48

The board of Banner Corporation ( NASDAQ:BANR ) has announced that it will pay a dividend of $0.48 per share on the...
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New Narrative Oct 20

Strengthening Client Focus And Tech Investment To Drive Growth And Sharpen Margins

Banner's focus on client relationships and lending could boost revenue and improve deposit base, enhancing net interest income and margins.
Analysis Article Oct 20

Banner (NASDAQ:BANR) Has Announced A Dividend Of $0.48

The board of Banner Corporation ( NASDAQ:BANR ) has announced that it will pay a dividend of $0.48 per share on the...
Analysis Article Jul 22

Banner (NASDAQ:BANR) Will Pay A Dividend Of $0.48

Banner Corporation ( NASDAQ:BANR ) has announced that it will pay a dividend of $0.48 per share on the 16th of August...
Analysis Article Jul 20

Earnings Update: Here's Why Analysts Just Lifted Their Banner Corporation (NASDAQ:BANR) Price Target To US$58.50

It's been a good week for Banner Corporation ( NASDAQ:BANR ) shareholders, because the company has just released its...
Analysis Article Apr 26

Banner (NASDAQ:BANR) Has Affirmed Its Dividend Of $0.48

Banner Corporation ( NASDAQ:BANR ) has announced that it will pay a dividend of $0.48 per share on the 10th of May...
Analysis Article Apr 24

Should You Be Adding Banner (NASDAQ:BANR) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

CEO Compensation Analysis

How has Mark Grescovich's remuneration changed compared to Banner's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$205m

Dec 31 2025US$4mUS$950k

US$195m

Sep 30 2025n/an/a

US$191m

Jun 30 2025n/an/a

US$182m

Mar 31 2025n/an/a

US$176m

Dec 31 2024US$2mn/a

US$169m

Sep 30 2024n/an/a

US$165m

Jun 30 2024n/an/a

US$166m

Mar 31 2024n/an/a

US$166m

Dec 31 2023US$3mUS$894k

US$184m

Sep 30 2023n/an/a

US$195m

Jun 30 2023n/an/a

US$199m

Mar 31 2023n/an/a

US$207m

Dec 31 2022US$3mUS$864k

US$195m

Sep 30 2022n/an/a

US$191m

Jun 30 2022n/an/a

US$192m

Mar 31 2022n/an/a

US$198m

Dec 31 2021US$3mUS$844k

US$201m

Sep 30 2021n/an/a

US$190m

Jun 30 2021n/an/a

US$177m

Mar 31 2021n/an/a

US$146m

Dec 31 2020US$3mUS$839k

US$116m

Sep 30 2020n/an/a

US$111m

Jun 30 2020n/an/a

US$114m

Mar 31 2020n/an/a

US$130m

Dec 31 2019US$2mUS$815k

US$146m

Compensation vs Market: Mark's total compensation ($USD3.59M) is below average for companies of similar size in the US market ($USD5.30M).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.


CEO

Mark Grescovich (62 yo)

16.2yrs
Tenure
US$3,590,983
Compensation

Mr. Mark J. Grescovich has been the President of Banner Bank and Banner Corporation since April 6, 2010. Mr. Grescovich has been the Chief Executive Officer of Banner Bank and Banner Corporation since Augu...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Grescovich
President16.2yrsUS$3.59m0.79%
$ 17.5m
Robert Butterfield
Executive VP2.7yrsUS$1.30m0.096%
$ 2.1m
Cynthia Purcell
Executive VP and Chief Strategy & Administration Officer of Banner Bankno dataUS$1.22m0.090%
$ 2.0m
James Costa
Executive VP & COO of Banner Bankno dataUS$1.90m0.041%
$ 906.4k
Mark Borrecco
EVP & Chief Banking Officerno dataUS$1.30m0.0093%
$ 205.1k
Janet Brown
Executive VP & Chief Information Officer5.5yrsno data0.072%
$ 1.6m
Rich Arnold
Head of Investor Relationsno datano datano data
Sherrey Luetjen
Executive VP7.1yrsUS$848.46k0.073%
$ 1.6m
Kayleen Kohler
Executive Vice President of Human Resources10yrsno data0.087%
$ 1.9m
Jill Rice
Executive VP & Chief Credit Officerno datano data0.046%
$ 1.0m
James Reed
Executive Vice President of Commercial Bankingno datano data0.10%
$ 2.3m
James P. McLean
Executive VP & Commercial Real Estate Executive of Banner Bankno dataUS$765.56k0.035%
$ 765.8k
7.1yrs
Average Tenure
58yo
Average Age

Experienced Management: BANR's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Grescovich
President16.1yrsUS$3.59m0.79%
$ 17.5m
Roberto Herencia
Independent Chairman of the Board10.3yrsUS$219.73k0.056%
$ 1.2m
Ellen R. Boyer
Independent Director5.3yrsUS$147.63k0.015%
$ 332.7k
John Pedersen
Independent Director5.3yrsUS$169.92k0.019%
$ 421.7k
Margot Copeland
Independent Director4.3yrsUS$129.94k0.011%
$ 243.0k
John Layman
Independent Director19.1yrsUS$135.06k0.071%
$ 1.6m
Judith Steiner
Independent Directorless than a yearno data0.0090%
$ 198.7k
Connie Collingsworth
Independent Director13.2yrsUS$146.55k0.036%
$ 782.6k
Kevin Riordan
Independent Director8.2yrsUS$159.70k0.029%
$ 632.3k
Paul Walsh
Independent Director4.3yrsUS$131.91k0.011%
$ 243.0k
Millicent Tracey
Independent Directorless than a yearUS$70.36k0.0053%
$ 116.1k
Monica O'Reilly
Independent Directorless than a yearno datano data
5.3yrs
Average Tenure
66yo
Average Age

Experienced Board: BANR's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 08:16
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banner Corporation is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullD.A. Davidson & Co.
Jeffrey RulisD.A. Davidson & Co.
Kelly MottaKeefe, Bruyette, & Woods