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What Analyst Projections for Key Metrics Reveal About Banner (BANR) Q2 Earnings
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The upcoming report from Banner (BANR - Free Report) is expected to reveal quarterly earnings of $1.32 per share, indicating an increase of 12.8% compared to the year-ago period. Analysts forecast revenues of $163.6 million, representing an increase of 9.3% year over year.
Over the last 30 days, there has been an upward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Banner metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Efficiency Ratio' to reach 61.0%. The estimate compares to the year-ago value of 65.5%.
The combined assessment of analysts suggests that 'Net interest margin (tax equivalent)' will likely reach 3.9%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
It is projected by analysts that the 'Total non-interest income' will reach $18.80 million. Compared to the current estimate, the company reported $17.20 million in the same quarter of the previous year.
The average prediction of analysts places 'Net interest income' at $144.80 million. Compared to the current estimate, the company reported $132.55 million in the same quarter of the previous year.
Over the past month, shares of Banner have returned +10.2% versus the Zacks S&P 500 composite's +4.1% change. Currently, BANR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Banner (BANR) Q2 Earnings
The upcoming report from Banner (BANR - Free Report) is expected to reveal quarterly earnings of $1.32 per share, indicating an increase of 12.8% compared to the year-ago period. Analysts forecast revenues of $163.6 million, representing an increase of 9.3% year over year.
Over the last 30 days, there has been an upward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Banner metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Efficiency Ratio' to reach 61.0%. The estimate compares to the year-ago value of 65.5%.
The combined assessment of analysts suggests that 'Net interest margin (tax equivalent)' will likely reach 3.9%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
It is projected by analysts that the 'Total non-interest income' will reach $18.80 million. Compared to the current estimate, the company reported $17.20 million in the same quarter of the previous year.
The average prediction of analysts places 'Net interest income' at $144.80 million. Compared to the current estimate, the company reported $132.55 million in the same quarter of the previous year.
View all Key Company Metrics for Banner here>>>Over the past month, shares of Banner have returned +10.2% versus the Zacks S&P 500 composite's +4.1% change. Currently, BANR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .