Banner Corporation (BANR) Income Statement
BANR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBANR revenue and net income
Where BANR's revenue goes
2025Each bar shows an amount and its share of revenue. BANR kept 23.8% of revenue as net income.
BANR profit margins
BANR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.9% | +8.4% | +5.2% | +10.0% |
| Gross profit | +8.8% | +1.8% | +4.1% | +7.9% |
| Operating income | +15.2% | +0.1% | +11.1% | +13.5% |
| Net income | +15.7% | +0.0% | +11.0% | +15.8% |
| EPS (diluted) | +13.7% | +0.2% | +11.0% | +7.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BANR quarterly EPS vs estimates
Banner beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 21, 2026 (estimate $1.54).
BANR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $819.5M | $827.3M | $741.7M | $643.1M | $630.8M | $636.5M | $619.6M | $550.2M | $488.3M | $472.2M |
| Cost of revenue | $171.8M | $232.0M | $136.4M | $29.8M | −$9.8M | $105.7M | $66.8M | $41.2M | $27.2M | $22.4M |
| Gross profit | $647.7M | $595.4M | $605.3M | $613.4M | $640.6M | $530.8M | $552.8M | $509.0M | $461.1M | $449.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $342.7M | $267.1M | $259.9M | $252.9M | $256.0M | $258.3M | $237.1M | $215.4M | $205.4M | $195.1M |
| Total operating expenses | $406.4M | $385.9M | $378.2M | $372.6M | $394.0M | $388.3M | $369.7M | $343.9M | $309.8M | $320.2M |
| Operating income | $241.4M | $209.5M | $227.1M | $240.8M | $246.6M | $142.5M | $183.1M | $165.1M | $151.3M | $129.6M |
| Interest income | $805.0M | $766.1M | $683.4M | $572.6M | $520.5M | $519.1M | $525.7M | $463.6M | $412.3M | $391.5M |
| Interest expense | $217.0M | $224.4M | $125.6M | $19.4M | $23.6M | $37.8M | $56.8M | $32.7M | $19.2M | $16.4M |
| Income before taxes | $238.9M | $209.5M | $227.1M | $240.8M | $246.6M | $142.5M | $183.1M | $165.1M | $151.3M | $129.6M |
| Income taxes | $43.5M | $40.6M | $43.5M | $45.4M | $45.5M | $26.5M | $36.9M | $28.6M | $90.5M | $44.3M |
| Net income | $195.4M | $168.9M | $183.6M | $195.4M | $201.0M | $115.9M | $146.3M | $136.5M | $60.8M | $85.4M |
| EBITDA | $259.4M | $230.2M | $248.7M | $263.0M | $270.5M | $168.3M | $208.2M | $186.4M | $172.2M | $150.2M |
| EPS (diluted) | $5.71 | $5.02 | $5.88 | $5.68 | $5.93 | $3.39 | $4.37 | $4.09 | $2.98 | $2.79 |
| Gross margin | 79.0% | 72.0% | 81.6% | 95.4% | 101.6% | 83.4% | 89.2% | 92.5% | 94.4% | 95.2% |
| Operating margin | 29.5% | 25.3% | 30.6% | 37.4% | 39.1% | 22.4% | 29.6% | 30.0% | 31.0% | 27.5% |
| Net margin | 23.8% | 20.4% | 24.8% | 30.4% | 31.9% | 18.2% | 23.6% | 24.8% | 12.4% | 18.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.1M | $216.9M | $220.2M | $170.7M | $218.0M | $210.6M | $214.9M | $212.9M | $205.3M | $194.2M | $195.6M | $191.0M |
| Cost of revenue | $46.9M | $46.9M | $52.5M | $2.7M | $60.7M | $55.9M | $58.9M | $61.9M | $59.0M | $52.2M | $47.9M | $39.3M |
| Gross profit | $12.2M | $170.0M | $167.7M | $168.0M | $157.4M | $154.6M | $156.0M | $151.1M | $146.3M | $142.0M | $147.7M | $151.7M |
| Sales, general & admin | $79.7M | $78.4M | $105.8M | $102.0M | $66.6M | $68.2M | $67.1M | $65.9M | $67.9M | $66.3M | $64.7M | $65.3M |
| Total operating expenses | $79.7M | $102.5M | $104.1M | $102.0M | $101.3M | $98.8M | $97.9M | $95.3M | $97.1M | $95.6M | $94.4M | $95.2M |
| Operating income | −$67.5M | $67.5M | $63.5M | $66.0M | $56.0M | $55.8M | $58.1M | $55.8M | $49.2M | $46.4M | $53.3M | $56.5M |
| Interest income | $202.7M | $197.8M | $205.0M | $205.8M | $200.3M | $193.9M | $196.4M | $195.8M | $189.1M | $184.7M | $183.7M | $179.1M |
| Interest expense | $48.9M | $47.6M | $52.5M | $55.9M | $55.9M | $52.8M | $55.9M | $60.2M | $56.6M | $51.7M | $45.3M | $37.3M |
| Income before taxes | $60.2M | $67.5M | $61.1M | $66.0M | $56.0M | $55.8M | $58.1M | $55.8M | $49.2M | $46.4M | $53.3M | $56.5M |
| Income taxes | $11.3M | $12.8M | $9.8M | $12.5M | $10.5M | $10.7M | $11.7M | $10.6M | $9.5M | $8.8M | $10.7M | $10.7M |
| Net income | $48.9M | $54.7M | $51.2M | $53.5M | $45.5M | $45.1M | $46.4M | $45.2M | $39.8M | $37.6M | $42.6M | $45.9M |
| EBITDA | −$64.1M | $71.2M | $67.8M | $70.4M | $60.6M | $60.6M | $63.1M | $60.9M | $54.5M | $51.7M | $58.7M | $61.9M |
| EPS (diluted) | $1.44 | $1.59 | $1.55 | $1.52 | $1.35 | $1.29 | $1.33 | $1.30 | $1.17 | $1.22 | $1.34 | $1.43 |
| Gross margin | 20.7% | 78.4% | 76.1% | 98.4% | 72.2% | 73.4% | 72.6% | 70.9% | 71.3% | 73.1% | 75.5% | 79.4% |
| Operating margin | −114.3% | 31.1% | 28.8% | 38.7% | 25.7% | 26.5% | 27.0% | 26.2% | 24.0% | 23.9% | 27.3% | 29.6% |
| Net margin | 82.8% | 25.2% | 23.3% | 31.3% | 20.9% | 21.4% | 21.6% | 21.2% | 19.4% | 19.3% | 21.8% | 24.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BANR's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BANR financial results
In fiscal year 2025 (ended December 31, 2025), Banner reported revenue of $819.5 million, down 0.9% from the year before. It had net income of $195.4 million (up 15.7%), a net profit margin of 23.8%. Diluted earnings per share came to $5.71. Over five years revenue grew at an average rate of 5.2% a year.
See the BANR stock overview for the latest quote and news, or the BANR chart for price history and technical indicators.
BANR income statement FAQ
What is Banner's annual revenue?
Banner reported total revenue of $819.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 0.9% from $827.3 million the previous year.
Is Banner profitable?
Yes. Banner reported net income of $195.4 million in fiscal 2025, a net profit margin of 23.8%; its operating margin was 29.5%.
What is Banner's gross margin?
Banner's gross margin was 79.0% in fiscal 2025: for every $100 of revenue, Banner kept $79 after the direct cost of its products and services.
How fast is Banner growing?
Revenue grew 5.2% a year on average over the last five fiscal years, from $636.5 million to $819.5 million.
What are Banner's earnings per share?
Banner earned $5.71 per diluted share in fiscal 2025, compared with $5.02 a year earlier.
When will Banner report its next earnings?
Banner is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Banner's fiscal year end?
Banner's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.