BANR (Banner) Cyclically Adjusted FCF per Share: $6.56 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BANR Banner Corp BANR
63 GF Score
Price $73.70
GF Value $66.66
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Banner Cyclically Adjusted FCF per Share?

Banner BANR -0.49% 63 Cyclically Adjusted FCF per Share is $6.56 as of Jun. 2026. GuruFocus rates BANR with a GF Score™ of 63/100 and a GF Value™ of $66.66 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Banner's adjusted free cash flow per share for the three months ended in Jun. 2026 was $1.040. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $6.56 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Banner's average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Banner was 9.50% per year. The lowest was -21.80% per year. And the median was -3.95% per year.

As of today (2026-08-18), Banner's current stock price is $73.70. Banner's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $6.56. Banner's Cyclically Adjusted Price-to-FCF of today is 11.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banner was 16.78. The lowest was 3.98. And the median was 9.88.


Banner  (NAS:BANR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Banner's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=73.70/6.56
=11.23

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Banner was 16.78. The lowest was 3.98. And the median was 9.88.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Banner Cyclically Adjusted FCF per Share Related Terms


Banner Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Banner's Cyclically Adjusted FCF per Share 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.

Banner Cyclically Adjusted FCF per Share Chart

Banner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 4.56 4.83 5.14 5.88

Banner Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.36 5.68 5.88 6.23 6.56

BANR vs SYBT, EFSC, INTR: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, Banner's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Banner's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Banner's Cyclically Adjusted Price-to-FCF falls into.


BANR
63GF Score
Banner Corp BANR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banner Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Banner's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.04/333.9520*333.9520
=1.040

Current CPI (Jun. 2026) = 333.9520.

Banner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.707 241.428 0.978
201612 -2.941 241.432 -4.068
201703 5.514 243.801 7.553
201706 1.665 244.955 2.270
201709 0.983 246.819 1.330
201712 1.974 246.524 2.674
201803 -2.455 249.554 -3.285
201806 3.219 251.989 4.266
201809 1.521 252.439 2.012
201812 -1.915 251.233 -2.546
201903 4.572 254.202 6.006
201906 -2.425 256.143 -3.162
201909 -0.710 256.759 -0.923
201912 2.071 256.974 2.691
202003 1.388 258.115 1.796
202006 -1.149 257.797 -1.488
202009 3.377 260.280 4.333
202012 -0.440 260.474 -0.564
202103 9.069 264.877 11.434
202106 -0.161 271.696 -0.198
202109 0.255 274.310 0.310
202112 -0.932 278.802 -1.116
202203 1.369 287.504 1.590
202206 1.759 296.311 1.982
202209 1.080 296.808 1.215
202212 2.277 296.797 2.562
202303 2.111 301.836 2.336
202306 1.154 305.109 1.263
202309 1.902 307.789 2.064
202312 1.874 306.746 2.040
202403 1.426 312.332 1.525
202406 2.151 314.175 2.286
202409 1.744 315.301 1.847
202412 2.745 315.605 2.905
202503 1.598 319.799 1.669
202506 1.500 322.561 1.553
202509 3.424 324.800 3.520
202512 0.627 324.054 0.646
202603 3.194 330.213 3.230
202606 1.040 333.952 1.040

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $6.56 mean?
Banner (BANR) has a Cyclically Adjusted FCF per Share of $6.56 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Banner and its competitors.
Is Banner's Cyclically Adjusted FCF per Share too high?
Banner's current Cyclically Adjusted FCF per Share is $6.56. Overall, Banner has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banner's Cyclically Adjusted FCF per Share compare to SYBT and EFSC?
Banner's Cyclically Adjusted FCF per Share of $6.56 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Banner and its competitors. Banner's current Cyclically Adjusted FCF per Share is $6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banner stock overvalued right now?
Based on GuruFocus' analysis, Banner (BANR) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.66, compared to a current price of $73.70 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $6.56. Banner's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Banner (BANR), the current Cyclically Adjusted FCF per Share is $6.56 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banner (BANR) Overvalued in 2026?

Based on GuruFocus' analysis, Banner stock appears to be overvalued. The current stock price of $73.70 is trading 10.6% above its estimated GF Value™ of $66.66. GuruFocus considers Banner to be Modestly Overvalued.

Key valuation signals for BANR:

  • Cyclically Adjusted FCF per Share: $6.56
  • GF Value™: $66.66 vs. price of $73.70 (10.6% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the BANR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banner Business Description

Address 10 South First Avenue, Walla Walla, WA, USA, 99362
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, Idaho, and Utah. Banner Bank also actively participates in the secondary loan markets, engaging in mortgage banking operations largely through the origination and sale of one to four family residential loans.
63GF Score

Get the complete analysis for BANR

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.70
Price
$66.66
GF Value