Banner (Banner) Net Margin %

: 28.37% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Banner's Net Income for the three months ended in Dec. 2023 was $42.6 Mil. Banner's Revenue for the three months ended in Dec. 2023 was $150.2 Mil. Therefore, Banner's net margin for the quarter that ended in Dec. 2023 was 28.37%.

The historical rank and industry rank for Banner's Net Margin % or its related term are showing as below:

BANR' s Net Margin % Range Over the Past 10 Years
Min: 12.96 Med: 24.96 Max: 33.11
Current: 29.8

BANR's Net Margin % is ranked better than
62.59% of 1462 companies
in the Banks industry
Industry Median: 25.535 vs BANR: 29.80

Banner Net Margin % Historical Data

The historical data trend for Banner's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

25.99

19.36

33.11

31.32

29.80

Banner Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																31.63	34.42	26.27	29.82	28.37

Competitive Comparison

For the Banks - Regional subindustry, Banner's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Banner Net Margin % Distribution

For the Banks industry and Financial Services sector, Banner's Net Margin % distribution charts can be found below:

* The bar in red indicates where Banner's Net Margin % falls into.

Banner Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Banner's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	183.624	/	616.124
	=	29.80 %

Banner's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	42.624	/	150.244
	=	28.37 %

Banner (NAS:BANR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Banner Net Margin % Related Terms

Thank you for viewing the detailed overview of Banner's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Banner (Banner) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banner Corp (NAS:BANR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 South First Avenue, Walla Walla, WA, USA, 99362

Website

https://www.bannerbank.com

Banner Corp is a bank holding company. It wholly owns one subsidiary bank, Banner Bank. The Bank's primary business is that of traditional banking institutions, accepting deposits and originating loans in locations surrounding its offices in Washington, Oregon, California and Idaho. Banner Bank also actively participates in the secondary mortgage market. A significant portion of the banks' portfolio is in residential construction and land loans to professional home builders and developers. Most of its revenue is net interest income.

Executives

Mclean James P.g.	officer: Executive Vice President	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Karen Harrison	officer: Executive VP, Banner Bank	10 S. FIRST AVENUE, WALLA WALLA WA 99362
Roberto R Herencia	director	P.O. BOX 9146, SAN JUAN PR 00908
John Clarence Pedersen	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Kevin F Riordan	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Robert Butterfield	officer: Executive VP	10 S. FIRST AVENUE, WALLA WALLA WA 99362
Kenneth William Johnson	officer: Executive VP, Banner Bank	235 E. MAIN STREET, MIDLAND MI 48640
Margot Copeland	director	10 S. FIRST AVENUE, WALLA WALLA WA 99362
Paul J. Walsh	director	10 S. FIRST AVENUE, WALLA WALLA WA 99362
David I Matson	director	C/O UNIONBANCAL CORP, 400 CALIFORNIA STREET, SAN FRANCISCO CA 94104
James M Costa	officer: Executive VP, Banner Bank	200 LAKE STREET EAST, WAYZATA MN 55391-1693
Sherrey Luetjen	officer: Executive VP	10 S. FIRST AVENUE, WALLA WALLA WA 99362
Peter Conner	officer: Executive VP, Banner Bank	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven W Rust	officer: Executive Vice President	10 SOUTH 1ST AVENUE, WALLA WALLA WA 99362
Ellen Rm Boyer	director	111 NORTH WALL STREET, SPOKANE WA 99201