BANR (Banner) E10: $5.30 (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 E10?

Banner BANR -0.49% 63 E10 is $5.30 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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Banner's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Banner's average E10 Growth Rate was 10.60% per year. During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 11.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Banner was 40.70% per year. The lowest was -114.00% per year. And the median was -27.15% per year.

As of today (2026-08-17), Banner's current stock price is $73.70. Banner's E10 for the quarter that ended in Jun. 2026 was $5.30. Banner's Shiller PE Ratio of today is 13.91.

During the past 13 years, the highest Shiller PE Ratio of Banner was 67.86. The lowest was 9.44. And the median was 14.94.


Banner  (NAS:BANR) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Banner's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=73.70/5.30
=13.91

* 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 Shiller P/E Ratio of Banner was 67.86. The lowest was 9.44. And the median was 14.94.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Banner E10 Related Terms


Banner E10 Historical Data

* Premium members only.

The historical data trend for Banner's E10 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 E10 Chart

Banner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 4.00 4.35 4.59 5.00

Banner Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 4.79 4.89 5.00 5.18 5.30

BANR vs SYBT, EFSC, INTR: E10 Comparison

For the Banks - Regional subindustry, Banner's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banner's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banner's Shiller PE Ratio falls into.


BANR
63GF Score
Banner Corp BANR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banner E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.43/333.9520*333.9520
=1.430

Current CPI (Jun. 2026) = 333.9520.

Banner Quarterly Data

per share eps CPI Adj_EPS
201609 0.700 241.428 0.968
201612 0.690 241.432 0.954
201703 0.720 243.801 0.986
201706 0.770 244.955 1.050
201709 0.760 246.819 1.028
201712 -0.410 246.524 -0.555
201803 0.890 249.554 1.191
201806 1.000 251.989 1.325
201809 1.170 252.439 1.548
201812 1.090 251.233 1.449
201903 0.950 254.202 1.248
201906 1.140 256.143 1.486
201909 1.150 256.759 1.496
201912 0.950 256.974 1.235
202003 0.470 258.115 0.608
202006 0.670 257.797 0.868
202009 1.030 260.280 1.322
202012 1.100 260.474 1.410
202103 1.330 264.877 1.677
202106 1.560 271.696 1.917
202109 1.440 274.310 1.753
202112 1.440 278.802 1.725
202203 1.270 287.504 1.475
202206 1.390 296.311 1.567
202209 1.430 296.808 1.609
202212 1.580 296.797 1.778
202303 1.610 301.836 1.781
202306 1.150 305.109 1.259
202309 1.330 307.789 1.443
202312 1.240 306.746 1.350
202403 1.090 312.332 1.165
202406 1.150 314.175 1.222
202409 1.300 315.301 1.377
202412 1.340 315.605 1.418
202503 1.300 319.799 1.358
202506 1.310 322.561 1.356
202509 1.540 324.800 1.583
202512 1.490 324.054 1.536
202603 1.600 330.213 1.618
202606 1.430 333.952 1.430

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $5.30 mean?
Banner (BANR) has a E10 of $5.30 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banner and its competitors.
Is Banner's E10 too high?
Banner's current E10 is $5.30. 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 E10 compare to SYBT and EFSC?
Banner's E10 of $5.30 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 E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banner and its competitors. Banner's current E10 is $5.30. 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 E10 is $5.30. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Banner (BANR), the current E10 is $5.30 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:

  • E10: $5.30
  • 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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.70
Price
$66.66
GF Value