Banner Corporation (NASDAQ:BANR) had its Buy rating reiterated by Sandler O’Neill with a $70.00 price target

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Analyst Ratings For Banner Corporation (NASDAQ:BANR)

Today, Sandler O’Neill reiterated its Buy rating on Banner Corporation (NASDAQ:BANR) with a price target of $70.00.

There are 4 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Banner Corporation (NASDAQ:BANR) is Hold with a consensus target price of $62.25 per share, a potential 1.60% downside.

Some recent analyst ratings include

  • 7/30/2018-Sandler O’Neill Reiterated Rating of Buy.
  • 7/13/2018-Keefe, Bruyette & Woods Reiterated Rating of Neutral .
  • 4/24/2018-Stephens Reiterated Rating of Hold.
  • 2/2/2018-Piper Jaffray Companies Reiterated Rating of Hold.
  • 10/26/2017-DA Davidson was Downgraded by analysts at DA Davidson from a “Buy ” rating to a ” Neutral” rating. They now have a N/A price target on the stock.
  • 11/4/2016-FIG Partners was Downgraded by analysts at FIG Partners from a “Outperform ” rating to a ” Market Perform” rating. They now have a N/A price target on the stock.
  • 10/28/2016-FBR & Co Reiterated Rating of Hold.

Recent Insider Trading Activity For Banner Corporation (NASDAQ:BANR)
Banner Corporation (NASDAQ:BANR) has insider ownership of 1.76% and institutional ownership of 92.13%.

  • On 4/27/2018 Steven W. Rust, VP, sold 511 with an average share price of $57.82 per share and the total transaction amounting to $29,546.02.
  • On 3/12/2018 Steven W. Rust, VP, sold 412 with an average share price of $57.66 per share and the total transaction amounting to $23,755.92.
  • On 3/8/2018 Kenneth A. Larsen, VP, sold 884 with an average share price of $57.53 per share and the total transaction amounting to $50,856.52.
  • On 2/5/2018 Cynthia D. Purcell, VP, sold 841 with an average share price of $54.67 per share and the total transaction amounting to $45,977.47.
  • On 11/30/2017 Steven W Rust, VP, sold 269 with an average share price of $58.05 per share and the total transaction amounting to $15,615.45.
  • On 11/14/2017 Steven W. Rust, VP, sold 82 with an average share price of $55.27 per share and the total transaction amounting to $4,532.14.
  • On 9/18/2017 Gary Sirmon, Director, sold 3,335 with an average share price of $57.49 per share and the total transaction amounting to $191,729.15.

About Banner Corporation (NASDAQ:BANR)
Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2017, the company operated 178 branch offices, including 175 Banner Bank branches and 3 Islanders Bank branches located in Washington, Oregon, California, and Idaho. It also operates 13 Banner Bank loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

Recent Trading Activity for Banner Corporation (NASDAQ:BANR)
Shares of Banner Corporation closed the previous trading session at 63.37 up +0.51 0.81% with 63.7 shares trading hands.