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Banner Corporation (NASDAQ:BANR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Banner Corporation(NASDAQ:BANR) to Hold in a report released on 9/19/2016.

Boasting a price of $43.52, Banner Corporation (NASDAQ:BANR) traded 0.69% higher on the day. With the last stock price close up 2.83% from the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $43.09 and 200-day moving average of $42.62. Trading volume was was down over the average, with 186,079 shares of BANR changing hands under the typical 206,139 shares.

Recent Performance Graphic:

Banner Corporation (NASDAQ:BANR)

Banner Corporation has a one-year low of $35.39 and a 52 week high of $53.55 with a P/E ratio of 23. The company’s total market value is presently $0.0.

Brief Synopsis About Banner Corporation (NASDAQ:BANR)

Banner Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its subsidiaries, Banner Bank and Islanders Bank. Banner Bank is a regional bank that offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its market areas. Islanders Bank is a community bank that offers banking services to individuals, businesses and public entities located primarily in the San Juan Islands. The Banks’ primary business is that of traditional banking institutions, accepting deposits and originating loans in locations, including Washington, Oregon, California, Utah and Idaho. Banner Bank is engaged in mortgage banking operations, and through the origination and sale of one to four-family residential loans. The Company’s lending activities are conducted through Banner Bank and Community Financial Corporation.

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