The current PE ratio for Banner stock as of May 2, 2024 is 8.46. This is calculated based on the current EPS of $5.35 and the stock price of $45.27 per share. The current price-to-earnings ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Banner for the last ten years is 15.72. The current PE ratio of 8.46 is 46% below the historical average. Over the past ten years, BANR's PE ratio was at its highest in the Dec 2017 quarter at 29.79, when the stock price was $55.12 and the EPS was $1.85. The lowest value was in the Sep 2023 quarter, when it reached 7.45 with a price of $42.38 and an EPS of $5.69.
Maximum annual increase: 56.55% in 2015
Maximum annual decrease: -56.83% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.01 | -9.74% |
| 2022 | 11.09 | 6.23% |
| 2021 | 10.44 | -26.27% |
| 2020 | 14.16 | 5.12% |
| 2019 | 13.47 | 4.74% |
| 2018 | 12.86 | -56.83% |
| 2017 | 29.79 | 34.49% |
| 2016 | 22.15 | -8.24% |
| 2015 | 24.14 | 56.55% |
| 2014 | 15.42 | -17.76% |
BANR's current P/E ratio is below the 3, 5 and 10-year averages.
BANR's PE ratio is lower than its peer stocks EWBC and COLB. Banner's current PE ratio of 8.46 is below the average of its peers, which is 15.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BANR Banner Corp | 8.46 | $1.55B |
| EWBC East West Bancorp Inc | 9.14 | $10.53B |
| HFWA Heritage Financial Corp | 10.7 | $657.63M |
| COLB Columbia Banking System Inc | 11.03 | $4.12B |
| FFNW First Financial Northwest Inc | 29.43 | $186.33M |
The price to earnings ratio for BANR stock is 8.46 as of May 2, 2024.
Over the last 3 years, the average price to earnings ratio for BANR stock is 9.74.
Over the last 5 years, the average price to earnings ratio for BANR stock is 10.72.
The highest quarterly PE ratio in the last ten years has been 29.79 and it was in the Dec 2017 quarter.
The current price to earnings ratio of BANR is 46% lower than the 10-year historical average.
BANR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.46 is considered low.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Banner's stock price is $45.27. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.35. Therefore, Banner's P/E ratio for today is 8.46. PE RATIO(8.46) = STOCK PRICE($45.27) / TTM EPS($5.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.