Banner Corporation logo BANR - Banner Corporation

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| PRICE TARGET: $64.25 DETAILS
HIGH: $70.00
LOW: $53.00
MEDIAN: $67.00
CONSENSUS: $64.25
DOWNSIDE: 6.30%

About Banner Corporation (https://www.bannerbank.com)

Banner Corporation, the parent entity of Banner Bank, delivers a comprehensive suite of commercial banking and financial solutions. It serves a diverse clientele, including private individuals, commercial enterprises, and governmental organizations across the United States. Its offerings encompass various deposit options, such as interest-bearing and non-interest-bearing checking accounts, money market accounts, standard savings plans, and certificates of deposit. Additionally, it provides treasury management services and retirement savings opportunities. The company extends a wide array of lending products. These include commercial real estate financing for owner-occupied properties, investment ventures, and multi-unit residential buildings; loans for construction, land acquisition, and development; home mortgages; commercial business loans; agricultural financing; and diverse consumer credit options like home equity lines of credit, vehicle loans (automobiles, boats, recreational vehicles), and loans secured by deposit accounts. Beyond traditional banking, Banner Corporation is active in mortgage banking, originating and selling residential loans for single-family to four-family homes and multi-family units, alongside Small Business Administration (SBA) loans. It also provides modern electronic and digital banking services. As of December 31, 2021, the corporation maintained a physical presence through 150 branch locations and 18 loan production offices spread across Washington, Oregon, California, Idaho, and Utah. Established in 1890, Banner Corporation's main office is situated in Walla Walla, Washington.

Key Executives

NAME TITLE DOB SALARY
Mark J. Grescovich President, Chief Executive Officer & Director 1964 $2,263,707 USD
James Costa Executive Vice President & Chief Operating Officer of Banner Bank 1969 $1,172,201 USD
Robert G. Butterfield Executive Vice President, Chief Financial Officer & Treasurer 1969 $913,048 USD
Mark Charles Borrecco EVP & Chief Banking Officer 1972 $885,601 USD
Cynthia D. Purcell Executive Vice President and Chief Strategy & Administration Officer of Banner Bank 1957 $854,944 USD
Sherrey Luetjen Executive Vice President, General Counsel, Ethics Officer & Secretary 1972 $618,906 USD
Janet Brown Executive Vice President & Chief Information Officer 1968
Jill Rice Executive Vice President & Chief Credit Officer 1966
Kayleen R. Kohler Executive Vice President of Human Resources 1973
Rich Arnold Head of Investor Relations

Company Peers

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