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Banner (BANR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended December 2023, Banner (BANR - Free Report) reported revenue of $152.46 million, down 11.4% over the same period last year. EPS came in at $1.34, compared to $1.68 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $155.54 million, representing a surprise of -1.98%. The company delivered an EPS surprise of +2.29%, with the consensus EPS estimate being $1.31.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Banner performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3.8% versus 3.9% estimated by three analysts on average.
Efficiency Ratio: 63.4% versus 61% estimated by three analysts on average.
Total non-performing assets: $30.13 million compared to the $28.45 million average estimate based on two analysts.
Total non-performing loans: $29.60 million versus the two-analyst average estimate of $27.68 million.
Total Average interest-earning assets: $14.66 billion versus the two-analyst average estimate of $14.58 billion.
Net Charge-off (% of Average Loans): 0% compared to the 0.1% average estimate based on two analysts.
Total non-interest income: $14.05 million compared to the $14.85 million average estimate based on three analysts.
Net interest income: $138.41 million versus $139.86 million estimated by three analysts on average.
Net interest income/rate spread (tax equivalent): $141.44 million versus the two-analyst average estimate of $142.38 million.
Mortgage banking operations: $5.39 million versus $1.83 million estimated by two analysts on average.
Shares of Banner have returned -7.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Banner (BANR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended December 2023, Banner (BANR - Free Report) reported revenue of $152.46 million, down 11.4% over the same period last year. EPS came in at $1.34, compared to $1.68 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $155.54 million, representing a surprise of -1.98%. The company delivered an EPS surprise of +2.29%, with the consensus EPS estimate being $1.31.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Banner performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.8% versus 3.9% estimated by three analysts on average.
- Efficiency Ratio: 63.4% versus 61% estimated by three analysts on average.
- Total non-performing assets: $30.13 million compared to the $28.45 million average estimate based on two analysts.
- Total non-performing loans: $29.60 million versus the two-analyst average estimate of $27.68 million.
- Total Average interest-earning assets: $14.66 billion versus the two-analyst average estimate of $14.58 billion.
- Net Charge-off (% of Average Loans): 0% compared to the 0.1% average estimate based on two analysts.
- Total non-interest income: $14.05 million compared to the $14.85 million average estimate based on three analysts.
- Net interest income: $138.41 million versus $139.86 million estimated by three analysts on average.
- Net interest income/rate spread (tax equivalent): $141.44 million versus the two-analyst average estimate of $142.38 million.
- Mortgage banking operations: $5.39 million versus $1.83 million estimated by two analysts on average.
View all Key Company Metrics for Banner here>>>Shares of Banner have returned -7.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.