Banner Bank (BANR) Misses Q4 CY2025 Revenue Forecast, Posts $167.7M in Sales

Banner Bank (NASDAQ:BANR) reported fourth-quarter 2025 revenue of $167.7 million, missing analyst expectations and reflecting a 2.6% year-over-year increase. The regional lender posted GAAP earnings of $1.49 per share, 2.6% above consensus estimates, but saw its stock hold flat at $66.03 post-release. Net interest income accounted for 86.5% of total revenue over the past five years, underscoring Banner’s reliance on traditional lending margins. Tangible book value per share rose to $46.09, up 11.5% annually over two years, though five-year growth averaged just 5%. Analysts project an 8.9% rise in TBVPS to $50.19 over the next 12 months. Revenue growth has slowed recently, with a 1% annualized rate over the prior two years, below its longer-term trend. The bank, operating in Washington, Oregon, California, Idaho, and Utah, has faced challenges in scaling non-interest income amid shifting rate environments.