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Compared to Estimates, Banner (BANR) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Banner (BANR - Free Report) reported revenue of $169.33 million, up 5.7% over the same period last year. EPS came in at $1.59, compared to $1.29 in the year-ago quarter.

The reported revenue represents a surprise of +1.28% over the Zacks Consensus Estimate of $167.19 million. With the consensus EPS estimate being $1.38, the EPS surprise was +15.22%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Banner performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Efficiency Ratio: 60.6% versus 61.9% estimated by three analysts on average.
  • Net interest margin (tax equivalent): 4.1% versus 4% estimated by three analysts on average.
  • Total non-performing loans: $45.44 million versus $46.28 million estimated by two analysts on average.
  • Average Balance - Total interest-earning assets: $15.15 billion compared to the $15.21 billion average estimate based on two analysts.
  • Total non-performing assets: $51.69 million versus the two-analyst average estimate of $51.67 million.
  • Net charge-offs / Average loans receivable: -0% compared to the 0.1% average estimate based on two analysts.
  • Total non-interest income: $19.16 million versus $18.26 million estimated by three analysts on average.
  • Net interest income/rate spread (tax equivalent): $153.51 million versus $151.94 million estimated by two analysts on average.
  • Net interest income: $150.17 million compared to the $148.5 million average estimate based on two analysts.
  • Mortgage banking operations: $3.21 million compared to the $3.13 million average estimate based on two analysts.

View all Key Company Metrics for Banner here>>>

Shares of Banner have returned +6.3% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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