Banner Corporation (BANR) Balance Sheet
BANR balance sheet, 2025
December 31, 2025 · U.S. dollars$16.35B assets = $14.41B liabilities + $1.95B equity
Both columns are drawn to the same scale: what BANR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BANR financial health
Descriptive bands, not a rating. Fiscal 2025.
BANR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.79B2016 | $16.35B2025 | +5.9%/yr | |
| Total liabilities | $149.4M2016 | $14.41B2025 | +66.1%/yr | |
| Shareholders’ equity | $9.64B2016 | $1.95B2025 | −16.3%/yr | |
| Cash & short-term investments | $1.05B2016 | $225.7M2025 | −15.7%/yr | |
| Total debt | $461.3M2016 | $372.6M2025 | −2.3%/yr | |
| Net cash (debt) | $592.9M2016 | −$146.9M2025 | −$739.8M | |
| Working capital | −$2.48B2016 | −$13.86B2025 | −$11.4B | |
| Book value per share | $284.882016 | $56.562025 | −16.4%/yr | |
| Debt / equity | 0.052016 | 0.192025 | +0.14 | |
| Shares outstanding | 33.9M2016 | 34.4M2025 | +0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BANR assets
BANR liabilities and equity
BANR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BANR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $225.7M | $525.1M | $254.5M | $3.03B | $5.77B | $3.56B | $1.86B | $1.91B | $1.18B | $1.05B |
| Cash & equivalents | $182.8M | $501.9M | $254.5M | $243.1M | $2.13B | $1.23B | $307.7M | $272.2M | $261.2M | $247.7M |
| Short-term investments | $42.9M | $23.3M | $2.37B | $2.79B | $3.64B | $2.32B | $1.55B | $1.64B | $919.5M | $806.4M |
| Receivables | $60.5M | $60.9M | $63.1M | $57.3M | $42.9M | $46.6M | $38.0M | $38.6M | $31.3M | $30.2M |
| Inventory | $0 | $0 | −$10.98B | −$629.4M | −$2.51B | −$1.31B | −$372.1M | −$339.3M | −$315.1M | −$313.5M |
| Other current assets | $0 | $0 | $10.98B | $629.4M | $2.51B | $1.31B | $372.1M | $339.3M | $315.1M | $313.5M |
| Total current assets | $286.2M | $586.0M | $317.6M | $3.09B | $5.82B | $3.60B | $1.90B | $1.95B | $1.21B | $1.08B |
| Property, plant & equipment (net) | $144.3M | $164.6M | $176.0M | $188.0M | $204.0M | $219.9M | $178.0M | $171.8M | $154.8M | $166.5M |
| Goodwill & intangible assets | $374.6M | $376.2M | $378.8M | $382.6M | $388.0M | $394.5M | $402.3M | $372.1M | $265.3M | $274.7M |
| Long-term investments | $2.98B | $3.11B | $3.43B | $3.94B | $4.19B | $9.97B | $9.68B | $9.02B | $7.83B | $7.92B |
| Other non-current assets | $12.57B | $11.97B | $11.37B | $8.24B | $6.21B | $840.5M | $448.7M | $358.6M | $297.6M | $353.1M |
| Total assets | $16.35B | $16.20B | $15.67B | $15.83B | $16.80B | $15.03B | $12.60B | $11.87B | $9.76B | $9.79B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $200.8M | $14.33B | $202.6M | $227.9M | $102.1M | $71.3M | $71.4M |
| Short-term debt | $107.7M | $125.3M | $182.9M | $297.2M | $328.9M | $300.8M | $418.5M | $659.0M | $95.9M | $260.4M |
| Total current liabilities | $14.14B | $13.64B | $13.21B | $10.48B | $11.03B | $9.55B | $7.41B | $1.66B | $781.5M | $3.56B |
| Long-term debt | $229.2M | $437.8M | $482.3M | $406.6M | $482.9M | $301.8M | $237.8M | $233.1M | $194.6M | $200.9M |
| Lease obligations | $35.8M | $43.5M | $48.7M | $55.2M | $59.8M | $59.3M | — | — | — | — |
| Other long-term liabilities | $35.8M | $348.3M | $323.1M | $0 | $0 | $122.8M | $331.5M | $421.2M | $0 | $0 |
| Total liabilities | $14.41B | $14.43B | $14.02B | $279.0M | $328.1M | $424.5M | $569.3M | $654.3M | $98.9M | $149.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.28B | $1.31B | $1.30B | $1.29B | $1.30B | $1.35B | $1.37B | $1.34B | $1.19B | $1.21B |
| Retained earnings (deficit) | $871.8M | $744.1M | $642.2M | $525.2M | $390.8M | $247.3M | $186.8M | $134.1M | $90.5M | $95.3M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$208.0M | −$277.3M | −$289.1M | −$362.8M | $184,000 | $69.1M | $33.3M | $7.1M | −$5.0M | −$3.5M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.95B | $1.77B | $1.65B | $15.55B | $16.48B | $14.61B | $12.03B | $11.22B | $9.66B | $9.64B |
| Key figures | ||||||||||
| Total debt | $372.6M | $606.5M | $713.8M | $703.8M | $811.8M | $602.6M | $656.3M | $892.1M | $290.4M | $461.3M |
| Net cash (debt) | −$146.9M | −$81.3M | −$459.3M | $2.33B | $4.96B | $2.95B | $1.20B | $1.02B | $890.3M | $592.9M |
| Working capital | −$13.86B | −$13.05B | −$12.89B | −$7.39B | −$5.22B | −$5.95B | −$5.52B | $286.8M | $430.5M | −$2.48B |
| Tangible book value | $1.57B | $1.40B | $1.27B | $15.17B | $16.09B | $14.21B | $11.63B | $10.84B | $9.40B | $9.37B |
| Book value per share | $56.56 | $51.24 | $47.97 | $451.38 | $471.85 | $411.13 | $344.17 | $341.00 | $292.98 | $284.88 |
| Shares outstanding | 34.4M | 34.6M | 34.5M | 34.5M | 34.9M | 35.5M | 35.0M | 32.9M | 33.0M | 33.9M |
| Current ratio | 0.02 | 0.04 | 0.02 | 0.29 | 0.53 | 0.38 | 0.26 | 1.17 | 1.55 | 0.30 |
| Quick ratio | 0.02 | 0.04 | 0.02 | 0.29 | 0.53 | 0.38 | 0.26 | 1.17 | 1.55 | 0.30 |
| Debt / equity | 0.19 | 0.34 | 0.43 | 0.05 | 0.05 | 0.04 | 0.05 | 0.08 | 0.03 | 0.05 |
| Equity / assets | 11.9% | 11.0% | 10.5% | 98.2% | 98.0% | 97.2% | 95.5% | 94.5% | 99.0% | 98.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $215.5M | $180.2M | $225.7M | $672.9M | $521.7M | $473.0M | $525.1M | $2.72B | $2.45B | $2.45B | $254.5M | $2.54B |
| Cash & equivalents | $215.5M | $180.2M | $182.8M | $672.9M | $483.3M | $441.9M | $501.9M | $478.8M | $247.5M | $209.3M | $254.5M | $251.7M |
| Short-term investments | $2.02B | $2.04B | $42.9M | $2.02B | $38.4M | $31.1M | $23.3M | $2.24B | $2.20B | $2.24B | $2.37B | $2.29B |
| Receivables | $65.0M | $63.7M | $60.5M | $64.9M | $64.7M | $64.0M | $60.9M | $67.0M | $67.5M | $66.1M | $63.1M | $61.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$545.8M | −$13.45B | −$13.20B | −$317.6M | −$338.0M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $545.8M | $13.45B | $13.20B | $317.6M | $338.0M |
| Total current assets | $280.5M | $243.9M | $286.2M | $737.8M | $586.5M | $537.0M | $586.0M | $2.78B | $2.51B | $2.52B | $317.6M | $2.60B |
| Property, plant & equipment (net) | $137.8M | $139.4M | $144.3M | $149.3M | $155.9M | $156.8M | $164.6M | $163.4M | $166.1M | $170.7M | $176.0M | $180.0M |
| Goodwill & intangible assets | $374.1M | $374.4M | $374.6M | $374.9M | $375.3M | $375.7M | $376.2M | $376.8M | $377.4M | $378.1M | $378.8M | $379.7M |
| Long-term investments | $2.95B | $2.98B | $2.98B | $2.99B | $3.05B | $3.10B | $3.11B | $3.25B | $3.22B | $3.28B | $3.43B | $3.40B |
| Other non-current assets | $12.86B | $12.61B | $12.57B | $12.31B | $12.27B | $12.00B | $11.97B | $9.61B | $9.54B | $9.17B | $11.37B | $8.95B |
| Total assets | $16.59B | $16.34B | $16.35B | $16.56B | $16.44B | $16.17B | $16.20B | $16.19B | $15.82B | $15.52B | $15.67B | $15.51B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $13.17B |
| Short-term debt | $114.5M | $115.7M | $107.7M | $120.5M | $117.1M | $130.6M | $125.3M | $154.5M | $166.0M | $183.3M | $182.9M | $188.4M |
| Total current liabilities | $114.5M | $115.7M | $14.14B | $38.8M | $13.64B | $13.72B | $13.64B | $13.69B | $13.25B | $13.34B | $13.21B | $13.59B |
| Long-term debt | $399.7M | $79.5M | $229.2M | $176.3M | $638.4M | $316.1M | $437.8M | $376.4M | $554.4M | $208.0M | $482.3M | $487.5M |
| Lease obligations | $32.1M | $33.8M | $35.8M | $38.8M | $41.7M | $40.5M | $43.5M | $42.3M | $44.1M | $45.5M | $48.7M | $48.6M |
| Other long-term liabilities | $14.08B | $14.18B | $35.8M | $14.44B | $288.7M | $297.4M | $348.3M | $325.8M | $325.8M | $303.6M | $323.1M | $0 |
| Total liabilities | $14.59B | $14.38B | $14.41B | $14.65B | $14.57B | $14.34B | $14.43B | $14.39B | $14.13B | $13.85B | $14.02B | $13.99B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.27B | $1.27B | $1.28B | $1.30B | $1.31B | $1.31B | $1.31B | $1.30B | $1.30B | $1.30B | $1.30B | $1.30B |
| Retained earnings (deficit) | $940.2M | $909.2M | $871.8M | $837.8M | $801.1M | $772.4M | $744.1M | $714.5M | $686.1M | $663.0M | $642.2M | $616.2M |
| Accumulated other comprehensive income | −$209.5M | −$210.9M | −$208.0M | −$220.8M | −$244.4M | −$247.9M | −$277.3M | −$225.5M | −$297.5M | −$299.5M | −$289.1M | −$392.9M |
| Total shareholders' equity | $2.00B | $1.97B | $1.95B | $1.91B | $1.87B | $1.83B | $1.77B | $1.79B | $1.69B | $1.66B | $1.65B | $1.52B |
| Key figures | ||||||||||||
| Total debt | $546.3M | $229.0M | $372.6M | $335.6M | $797.2M | $487.2M | $606.5M | $573.3M | $764.4M | $436.9M | $713.8M | $536.1M |
| Net cash (debt) | −$330.7M | −$48.8M | −$146.9M | $337.2M | −$275.4M | −$14.1M | −$81.3M | $2.14B | $1.68B | $2.02B | −$459.3M | $2.00B |
| Working capital | $166.0M | $128.2M | −$13.86B | $699.0M | −$13.06B | −$13.19B | −$13.05B | −$10.91B | −$10.73B | −$10.82B | −$12.89B | −$10.99B |
| Tangible book value | $1.63B | $1.59B | $1.57B | $1.54B | $1.49B | $1.46B | $1.40B | $1.42B | $1.31B | $1.29B | $1.27B | $1.14B |
| Book value per share | $58.46 | $57.41 | $56.56 | $55.08 | $53.71 | $52.72 | $51.07 | $51.77 | $48.96 | $48.22 | $47.94 | $44.17 |
| Shares outstanding | 34.2M | 34.3M | 34.4M | 34.7M | 34.7M | 34.8M | 34.7M | 34.6M | 34.5M | 34.5M | 34.5M | 34.4M |
| Current ratio | 2.45 | 2.11 | 0.02 | 19.00 | 0.04 | 0.04 | 0.04 | 0.20 | 0.19 | 0.19 | 0.02 | 0.19 |
| Quick ratio | 2.45 | 2.11 | 0.02 | 19.00 | 0.04 | 0.04 | 0.04 | 0.20 | 0.19 | 0.19 | 0.02 | 0.19 |
| Debt / equity | 0.27 | 0.12 | 0.19 | 0.18 | 0.43 | 0.27 | 0.34 | 0.32 | 0.45 | 0.26 | 0.43 | 0.35 |
| Equity / assets | 12.0% | 12.0% | 11.9% | 11.5% | 11.4% | 11.3% | 11.0% | 11.1% | 10.7% | 10.7% | 10.5% | 9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
BANR financial position
At the end of fiscal 2025 (December 31, 2025), Banner had total assets of $16.4 billion (up 1.0% from a year earlier), total liabilities of $14.4 billion and shareholders' equity of $1.9 billion. It held $225.7 million in cash and short-term investments against $372.6 million of debt, net debt of $146.9 million. Its current ratio was 0.02. In the latest quarter (ended June 30, 2026) total assets were $16.6 billion and equity $2.0 billion.
Related: BANR income statement, BANR cash flow statement, BANR key metrics. See the BANR stock overview for the latest quote and news.
BANR balance sheet FAQ
What are Banner's total assets?
Banner reported total assets of $16.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $16.2 billion a year earlier.
How much debt does Banner have?
Banner had $372.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.19.
How much cash does Banner have?
Banner held $225.7 million in cash and short-term investments at the end of fiscal 2025; with $372.6 million of debt that is net debt of $146.9 million.
What is Banner's book value?
Banner's shareholders' equity (book value) was $1.9 billion at the end of fiscal 2025, or $56.56 per share.
What is Banner's current ratio?
Banner had current assets of $286.2 million and current liabilities of $14.1 billion, a current ratio of 0.02 (current liabilities exceed current assets).
How much goodwill does Banner have?
Banner carried $374.6 million of goodwill and intangible assets, 2.3% of total assets, at the end of fiscal 2025.