Banner Stock Beta

BANR Stock

USD 74.59 0.68 0.90%

Banner fundamentals help investors to digest information that contributes to Banner's financial success or failures. It also enables traders to predict the movement of Banner Stock. The fundamental analysis module provides a way to measure Banner's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banner stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Banner Company Beta Analysis

Banner's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Banner Beta

1.02

Most of Banner's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banner is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Banner Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Banner is extremely important. It helps to project a fair market value of Banner Stock properly, considering its historical fundamentals such as Beta. Since Banner's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Banner's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Banner's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Good Will	Common Stock	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.97	-0.22	0.84	0.94	0.46	0.59	0.65	0.96	0.8	0.33	0.58	0.94	-0.04	0.78	0.93	0.83	0.91	0.63	0.76	0.72	0.83	-0.42
Total Stockholder Equity	0.97		-0.16	0.73	0.88	0.41	0.54	0.68	0.97	0.87	0.25	0.46	0.85	0.13	0.86	0.97	0.71	0.95	0.78	0.74	0.64	0.79	-0.34
Net Debt	-0.22	-0.16		0.04	0.04	0.4	-0.82	0.16	-0.06	-0.22	-0.82	0.09	-0.41	0.02	-0.37	-0.26	-0.37	-0.17	-0.05	-0.02	-0.05	0.03	-0.2
Retained Earnings	0.84	0.73	0.04		0.92	0.76	0.26	0.54	0.82	0.42	0.22	0.78	0.83	-0.26	0.36	0.66	0.82	0.68	0.25	0.61	0.71	0.77	-0.66
Net Receivables	0.94	0.88	0.04	0.92		0.67	0.33	0.62	0.91	0.65	0.11	0.66	0.86	-0.19	0.59	0.8	0.77	0.81	0.48	0.7	0.71	0.82	-0.58
Total Liab	0.46	0.41	0.4	0.76	0.67		-0.32	0.36	0.5	0.03	-0.1	0.47	0.39	-0.38	0.02	0.27	0.41	0.3	0.0	0.28	0.43	0.52	-0.76
Total Current Assets	0.59	0.54	-0.82	0.26	0.33	-0.32		0.29	0.47	0.6	0.74	0.22	0.73	0.12	0.65	0.62	0.63	0.54	0.39	0.51	0.44	0.41	0.13
Short Term Debt	0.65	0.68	0.16	0.54	0.62	0.36	0.29		0.73	0.64	0.11	0.53	0.58	0.25	0.58	0.69	0.57	0.68	0.54	0.94	0.81	0.83	-0.08
Good Will	0.96	0.97	-0.06	0.82	0.91	0.5	0.47	0.73		0.8	0.21	0.61	0.86	0.15	0.75	0.94	0.75	0.94	0.73	0.78	0.7	0.85	-0.4
Common Stock	0.8	0.87	-0.22	0.42	0.65	0.03	0.6	0.64	0.8		0.18	0.38	0.66	0.3	0.96	0.93	0.61	0.93	0.82	0.69	0.53	0.58	0.13
Accounts Payable	0.33	0.25	-0.82	0.22	0.11	-0.1	0.74	0.11	0.21	0.18		0.08	0.56	-0.04	0.36	0.31	0.56	0.24	-0.05	0.22	0.25	0.2	-0.06
Long Term Debt	0.58	0.46	0.09	0.78	0.66	0.47	0.22	0.53	0.61	0.38	0.08		0.61	-0.07	0.2	0.5	0.79	0.56	0.12	0.59	0.73	0.6	-0.18
Short Term Investments	0.94	0.85	-0.41	0.83	0.86	0.39	0.73	0.58	0.86	0.66	0.56	0.61		-0.15	0.67	0.82	0.91	0.78	0.41	0.74	0.77	0.8	-0.41
Intangible Assets	-0.04	0.13	0.02	-0.26	-0.19	-0.38	0.12	0.25	0.15	0.3	-0.04	-0.07	-0.15		0.25	0.25	-0.2	0.27	0.6	0.15	-0.13	-0.04	0.38
Property Plant Equipment	0.78	0.86	-0.37	0.36	0.59	0.02	0.65	0.58	0.75	0.96	0.36	0.2	0.67	0.25		0.9	0.58	0.88	0.77	0.63	0.45	0.53	0.08
Net Tangible Assets	0.93	0.97	-0.26	0.66	0.8	0.27	0.62	0.69	0.94	0.93	0.31	0.5	0.82	0.25	0.9		0.74	0.98	0.8	0.75	0.64	0.74	-0.14
Long Term Debt Total	0.83	0.71	-0.37	0.82	0.77	0.41	0.63	0.57	0.75	0.61	0.56	0.79	0.91	-0.2	0.58	0.74		0.73	0.22	0.69	0.8	0.7	-0.23
Deferred Long Term Liab	0.91	0.95	-0.17	0.68	0.81	0.3	0.54	0.68	0.94	0.93	0.24	0.56	0.78	0.27	0.88	0.98	0.73		0.8	0.72	0.61	0.7	-0.13
Long Term Investments	0.63	0.78	-0.05	0.25	0.48	0.0	0.39	0.54	0.73	0.82	-0.05	0.12	0.41	0.6	0.77	0.8	0.22	0.8		0.55	0.27	0.5	0.03
Short Long Term Debt	0.76	0.74	-0.02	0.61	0.7	0.28	0.51	0.94	0.78	0.69	0.22	0.59	0.74	0.15	0.63	0.75	0.69	0.72	0.55		0.9	0.9	-0.11
Earning Assets	0.72	0.64	-0.05	0.71	0.71	0.43	0.44	0.81	0.7	0.53	0.25	0.73	0.77	-0.13	0.45	0.64	0.8	0.61	0.27	0.9		0.91	-0.16
Net Invested Capital	0.83	0.79	0.03	0.77	0.82	0.52	0.41	0.83	0.85	0.58	0.2	0.6	0.8	-0.04	0.53	0.74	0.7	0.7	0.5	0.9	0.91		-0.38
Capital Stock	-0.42	-0.34	-0.2	-0.66	-0.58	-0.76	0.13	-0.08	-0.4	0.13	-0.06	-0.18	-0.41	0.38	0.08	-0.14	-0.23	-0.13	0.03	-0.11	-0.16	-0.38

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Banner

In accordance with the recently published financial statements, Banner has a Beta of 1.022. This is 24.63% higher than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.

Banner Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banner's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Banner could also be used in its relative valuation, which is a method of valuing Banner by comparing valuation metrics of similar companies.

Banner is currently under evaluation in beta category among its peers.

Banner Current Valuation Drivers

We derive many important indicators used in calculating different scores of Banner from analyzing Banner's financial statements. These drivers represent accounts that assess Banner's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Banner's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	2.0B	1.6B	2.1B	2.2B	1.8B	1.9B
Enterprise Value	2.2B	833.3M	293.6M	2.2B	2.3B	2.4B

Banner ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Banner's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Banner's managers, analysts, and investors.

Environmental

Governance

Social

Banner Institutional Holders

Institutional Holdings refers to the ownership stake in Banner that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banner's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banner's value.

		Shares
Goldman Sachs Group Inc	2024-06-30	650.3 K
Westwood Holdings Group Inc	2024-09-30	620.5 K
Morgan Stanley - Brokerage Accounts	2024-06-30	567.6 K
Abrdn Plc	2024-09-30	443.1 K
Bank Of New York Mellon Corp	2024-06-30	432.4 K
Northern Trust Corp	2024-09-30	417.4 K
Ameriprise Financial Inc	2024-06-30	394.3 K
Jpmorgan Chase & Co	2024-06-30	380.7 K
Aristotle Capital Boston, Llc	2024-06-30	356.6 K
Blackrock Inc	2024-06-30	5 M
Vanguard Group Inc	2024-09-30	4 M

Banner returns are very sensitive to returns on the market. As the market goes up or down, Banner is expected to follow.

Banner Fundamentals

	Return On Equity	0.0997
	Return On Asset	0.0104
	Profit Margin	0.28 %
	Operating Margin	0.39 %
	Current Valuation	2.7 B
	Shares Outstanding	34.46 M
	Shares Owned By Insiders	1.64 %
	Shares Owned By Institutions	93.36 %
	Number Of Shares Shorted	726.85 K
	Price To Earning	17.38 X
	Price To Book	1.45 X
	Price To Sales	4.37 X
	Revenue	620.41 M
	Gross Profit	618.07 M
	EBITDA	248.72 M
	Net Income	183.62 M
	Cash And Equivalents	1.15 B
	Cash Per Share	33.64 X
	Total Debt	713.8 M
	Debt To Equity	6.54 %
	Book Value Per Share	52.06 X
	Cash Flow From Operations	257.2 M
	Short Ratio	3.02 X
	Earnings Per Share	4.78 X
	Price To Earnings To Growth	2.18 X
	Target Price	70.17
	Number Of Employees	1.96 K
	Beta	1.02
	Market Capitalization	2.59 B
	Total Asset	15.67 B
	Retained Earnings	642.17 M
	Annual Yield	0.03 %
	Five Year Return	2.92 %
	Net Asset	15.67 B
	Last Dividend Paid	1.92

About Banner Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Banner's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banner using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banner based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Banner

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banner will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banner Stock

0.92	AX	Axos Financial	Pair Corr
0.9	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.65	KB	KB Financial Group	Pair Corr

Moving against Banner Stock

0.63	TFC-PO	Truist Financial	Pair Corr
0.61	CFG-PE	Citizens Financial	Pair Corr
0.58	TFC-PR	Truist Financial	Pair Corr
0.35	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to Banner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banner to buy it.

The correlation of Banner is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banner moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Banner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Banner Stock Analysis

When running Banner's price analysis, check to measure Banner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banner is operating at the current time. Most of Banner's value examination focuses on studying past and present price action to predict the probability of Banner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banner's price. Additionally, you may evaluate how the addition of Banner to your portfolios can decrease your overall portfolio volatility.

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