Banner (Banner) Retained Earnings : $642.2 Mil (As of Dec. 2023)

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What is Banner Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banner's retained earnings for the quarter that ended in Dec. 2023 was $642.2 Mil.

Banner's quarterly retained earnings increased from Jun. 2023 ($587.0 Mil) to Sep. 2023 ($616.2 Mil) and increased from Sep. 2023 ($616.2 Mil) to Dec. 2023 ($642.2 Mil).

Banner's annual retained earnings increased from Dec. 2021 ($390.8 Mil) to Dec. 2022 ($525.2 Mil) and increased from Dec. 2022 ($525.2 Mil) to Dec. 2023 ($642.2 Mil).

Banner Retained Earnings Historical Data

The historical data trend for Banner's Retained Earnings 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.

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Banner Retained Earnings Chart

Banner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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186.84

247.32

390.76

525.24

642.18

Banner Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															564.11	587.03	616.22	642.18	663.02

Banner Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Banner (NAS:BANR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Banner (Banner) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banner Corp (NAS:BANR) » Definitions » Retained Earnings

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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