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Here's Why Banner Corporation (BANR) Stock is a Solid Bet

Zacks Equity Research

From the vast universe of banking stocks, today we pick Banner Corporation BANR for you. The company offers a profitable investment opportunity based on steady earnings growth and robust fundamentals.

It has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. Over the past 30 days, the Zacks Consensus Estimate for 2019 and 2020 has displayed an upward trend.

Further, this Zacks Rank #1 (Strong Buy) stock has gained 3% year to date compared with the industry’s growth of 10.4%.


Why Banner Corporation is an Attractive Pick

Earnings per Share Growth: In the last 3-5 years, Banner Corporation witnessed EPS growth of 10.6%. Further, its long-term (3-5 years) expected EPS growth of 7% promises rewards for shareholders. In addition, the company delivered average positive earnings surprise of 8.21% in the last four quarters.

Revenue Strength: Banner Corporation continues to witness top-line improvement. Since 2014, the company has recorded consistent increase in sales, witnessing five-year compound annual growth rate (CAGR) of nearly 22.3% in 2018.

The company’s projected sales growth (F1/F0) of 6.7% (against the industry average of nil) indicates constant upward momentum in revenues.

Superior Return on Equity (ROE): Banner Corporation’s ROE is 10.43% compared with the industry average of 8.77%, highlighting the company’s commendable position over its peers.

Strong Leverage: Banner Corporation’s debt/equity ratio is 0.55 compared with the industry average of 0.64, indicating a relatively lower debt burden. It highlights the financial stability of the company even in an unstable economic environment.

Other Stocks to Consider

T. Rowe Price Group TROW has been witnessing upward estimate revisions in the past 60 days. Moreover, this Zacks #1 Ranked stock has rallied more than 17% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.

Artisan Partners Asset Management APAM has been witnessing upward estimate revisions over the past 60 days. Further, the company’s shares have gained 21.6% year to date. At present, it carries a Zacks Rank of 2 (Buy).

Ameriprise Financial AMP has been witnessing upward estimate revisions for the past 60 days. Additionally, the stock has rallied around 22.6% year to date. It currently carries a Zacks Rank #2.

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Ameriprise Financial, Inc. (AMP) : Free Stock Analysis Report
Artisan Partners Asset Management Inc. (APAM) : Free Stock Analysis Report
T. Rowe Price Group, Inc. (TROW) : Free Stock Analysis Report
Banner Corporation (BANR) : Free Stock Analysis Report
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Zacks Investment Research