Mon, Sep 15, 2014, 1:22 AM EDT - U.S. Markets open in 8 hrs 8 mins

Recent

% | $
Quotes you view appear here for quick access.

Banner Corporation Message Board

  • senior6analyst senior6analyst Feb 27, 2010 12:15 PM Flag

    Offering Scenarios?

    For Banner to issue new equity below $3 per share (let alone the low $2s), with their favorable capital adequacy, NPAs and NIM, it would be rather self defeating, even if it postured them for an FDIC bank deal behind Umpqua, WFSL, Columbia and possibly, Chase and Zions IMHO. A lot of you are trading BANR between $2.70 and $3.00 because of the anticipated overhang of a secondary offering and may miss (I hope so) a surge in the stock if they suddenly reach profitability. Alternatively, with an executive team in their 60s and a CEO that has fixed and sold a bank before, we may find that a larger bank buys BANR which is trading at a fraction of its tangible book value. With its size, demographics, core deposite liquidity and favorable ratios, BANR is an ideal candidate. In fact, an acquiror at $5-$7 per share could possibly improve its own ratios with consolidation given the current price of its stock. At ~$5 billion, Banner is at the perfect size to be either an acquiror or an acquired BHC. Do your own due diligence.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
BANR
39.78-0.22(-0.55%)Sep 12 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
21Vianet Group, Inc.
NasdaqGSFri, Sep 12, 2014 4:00 PM EDT