We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Banner (BANR) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, Banner (BANR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.46 per share, reflecting an increase of 9.8% compared to the same period last year. Revenues are forecasted to be $170.27 million, representing a year-over-year increase of 6%.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Banner metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net interest margin (tax equivalent)' stands at 4.0%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Efficiency Ratio' of 59.4%. The estimate compares to the year-ago value of 62.0%.
The average prediction of analysts places 'Total non-performing assets' at $45.59 million. Compared to the present estimate, the company reported $39.62 million in the same quarter last year.
Analysts expect 'Total non-performing loans' to come in at $40.59 million. The estimate compares to the year-ago value of $36.96 million.
Based on the collective assessment of analysts, 'Average Balance - Total interest-earning assets' should arrive at $15.40 billion. Compared to the current estimate, the company reported $14.97 billion in the same quarter of the previous year.
Analysts forecast 'Total non-interest income' to reach $18.96 million. The estimate compares to the year-ago value of $20.04 million.
It is projected by analysts that the 'Net interest income' will reach $150.90 million. The estimate is in contrast to the year-ago figure of $140.54 million.
Analysts' assessment points toward 'Net interest income/rate spread (tax equivalent)' reaching $155.27 million. Compared to the current estimate, the company reported $143.80 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Mortgage banking operations' will likely reach $3.50 million. The estimate compares to the year-ago value of $3.69 million.
Shares of Banner have experienced a change of -4.4% in the past month compared to the +1.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), BANR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to Banner (BANR) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
In its upcoming report, Banner (BANR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.46 per share, reflecting an increase of 9.8% compared to the same period last year. Revenues are forecasted to be $170.27 million, representing a year-over-year increase of 6%.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Banner metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net interest margin (tax equivalent)' stands at 4.0%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Efficiency Ratio' of 59.4%. The estimate compares to the year-ago value of 62.0%.
The average prediction of analysts places 'Total non-performing assets' at $45.59 million. Compared to the present estimate, the company reported $39.62 million in the same quarter last year.
Analysts expect 'Total non-performing loans' to come in at $40.59 million. The estimate compares to the year-ago value of $36.96 million.
Based on the collective assessment of analysts, 'Average Balance - Total interest-earning assets' should arrive at $15.40 billion. Compared to the current estimate, the company reported $14.97 billion in the same quarter of the previous year.
Analysts forecast 'Total non-interest income' to reach $18.96 million. The estimate compares to the year-ago value of $20.04 million.
It is projected by analysts that the 'Net interest income' will reach $150.90 million. The estimate is in contrast to the year-ago figure of $140.54 million.
Analysts' assessment points toward 'Net interest income/rate spread (tax equivalent)' reaching $155.27 million. Compared to the current estimate, the company reported $143.80 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Mortgage banking operations' will likely reach $3.50 million. The estimate compares to the year-ago value of $3.69 million.
View all Key Company Metrics for Banner here>>>Shares of Banner have experienced a change of -4.4% in the past month compared to the +1.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), BANR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .