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Banner (BANR) Q1 Earnings and Revenues Surpass Estimates
BANRBanner(BANR) ZACKS·2025-04-16 22:10

Group 1: Earnings Performance - Banner reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of $1.23 per share, and up from $1.22 per share a year ago, representing an earnings surprise of 4.88% [1] - The company posted revenues of $160.19 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.56%, compared to year-ago revenues of $144.55 million [2] - Over the last four quarters, Banner has consistently surpassed consensus EPS estimates and revenue estimates [2] Group 2: Stock Performance and Outlook - Banner shares have declined approximately 10.4% since the beginning of the year, while the S&P 500 has decreased by 8.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $1.25 on revenues of $159.9 million, and for the current fiscal year, it is $5.23 on revenues of $645.54 million [7] Group 3: Industry Context - The Financial - Savings and Loan industry, to which Banner belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]