Banner Management
Management criteria checks 4/4
Banner's CEO is Mark Grescovich, appointed in Apr 2010, has a tenure of 14.67 years. total yearly compensation is $3.01M, comprised of 29.7% salary and 70.3% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $15.70M. The average tenure of the management team and the board of directors is 3.4 years and 6.7 years respectively.
Key information
Mark Grescovich
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 29.7% |
| CEO tenure | 14.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.4yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Banner (NASDAQ:BANR) Has Announced A Dividend Of $0.48
Oct 20
Banner (NASDAQ:BANR) Will Pay A Dividend Of $0.48
Jul 22Earnings Update: Here's Why Analysts Just Lifted Their Banner Corporation (NASDAQ:BANR) Price Target To US$58.50
Jul 20Banner (NASDAQ:BANR) Has Affirmed Its Dividend Of $0.48
Apr 26Should You Be Adding Banner (NASDAQ:BANR) To Your Watchlist Today?
Apr 24Should You Be Adding Banner (NASDAQ:BANR) To Your Watchlist Today?
Aug 24Banner declares $0.44 dividend
Jul 22Do Banner's (NASDAQ:BANR) Earnings Warrant Your Attention?
May 24Banner (NASDAQ:BANR) Is Paying Out A Larger Dividend Than Last Year
Jan 24Is Now The Time To Put Banner (NASDAQ:BANR) On Your Watchlist?
Jan 19Banner (NASDAQ:BANR) Has Re-Affirmed Its Dividend Of US$0.41
Oct 24Banner (NASDAQ:BANR) Has Announced A Dividend Of US$0.41
Jul 25Is Now The Time To Put Banner (NASDAQ:BANR) On Your Watchlist?
Jun 20Most Shareholders Will Probably Find That The CEO Compensation For Banner Corporation (NASDAQ:BANR) Is Reasonable
Apr 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$165m |
| Jun 30 2024 | n/a | n/a | US$166m |
| Mar 31 2024 | n/a | n/a | US$166m |
| Dec 31 2023 | US$3m | US$894k | US$184m |
| Sep 30 2023 | n/a | n/a | US$195m |
| Jun 30 2023 | n/a | n/a | US$199m |
| Mar 31 2023 | n/a | n/a | US$207m |
| Dec 31 2022 | US$3m | US$864k | US$195m |
| Sep 30 2022 | n/a | n/a | US$191m |
| Jun 30 2022 | n/a | n/a | US$192m |
| Mar 31 2022 | n/a | n/a | US$198m |
| Dec 31 2021 | US$3m | US$844k | US$201m |
| Sep 30 2021 | n/a | n/a | US$190m |
| Jun 30 2021 | n/a | n/a | US$177m |
| Mar 31 2021 | n/a | n/a | US$146m |
| Dec 31 2020 | US$3m | US$839k | US$116m |
| Sep 30 2020 | n/a | n/a | US$111m |
| Jun 30 2020 | n/a | n/a | US$114m |
| Mar 31 2020 | n/a | n/a | US$130m |
| Dec 31 2019 | US$2m | US$815k | US$146m |
| Sep 30 2019 | n/a | n/a | US$150m |
| Jun 30 2019 | n/a | n/a | US$148m |
| Mar 31 2019 | n/a | n/a | US$141m |
| Dec 31 2018 | US$3m | US$791k | US$137m |
| Sep 30 2018 | n/a | n/a | US$85m |
| Jun 30 2018 | n/a | n/a | US$73m |
| Mar 31 2018 | n/a | n/a | US$66m |
| Dec 31 2017 | US$2m | US$767k | US$61m |
Compensation vs Market: Mark's total compensation ($USD3.01M) is below average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Grescovich (60 yo)
14.7yrs
Tenure
US$3,008,319
Compensation
Mr. Mark J. Grescovich has been the President of Banner Bank and Banner Corporation since April 6, 2010. Mr. Grescovich has been the Chief Executive Officer of Banner Bank and Banner Corporation since Augu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.7yrs | US$3.01m | 0.67% $ 15.7m | |
| Executive VP | 1.2yrs | US$1.97m | 0.055% $ 1.3m | |
| Executive VP and Chief Strategy & Administration Officer of Banner Bank | no data | US$1.49m | 0.065% $ 1.5m | |
| Executive VP & Commercial Real Estate Executive of Banner Bank | no data | US$765.56k | 0.028% $ 645.7k | |
| Executive VP & Chief Risk Officer of Banner Bank | no data | US$962.00k | 0.011% $ 255.7k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP | 5.6yrs | no data | 0.050% $ 1.2m | |
| Executive Vice President & Chief Audit Executive | less than a year | no data | no data |
3.4yrs
Average Tenure
57yo
Average Age
Experienced Management: BANR's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.6yrs | US$3.01m | 0.67% $ 15.7m | |
| Independent Chairman of the Board | 8.8yrs | US$200.25k | 0.046% $ 1.1m | |
| Independent Director | 6.7yrs | US$124.25k | 0.020% $ 461.7k | |
| Independent Director | 3.8yrs | US$137.24k | 0.011% $ 247.7k | |
| Independent Director | 3.8yrs | US$161.30k | 0.014% $ 326.2k | |
| Independent Director | 2.8yrs | US$123.30k | 0.0071% $ 165.3k | |
| Independent Director | 17.6yrs | US$123.28k | 0.059% $ 1.4m | |
| Independent Director | 17.6yrs | US$122.71k | 0.31% $ 7.3m | |
| Independent Director | 11.7yrs | US$135.00k | 0.031% $ 716.4k | |
| Independent Director | 6.7yrs | US$151.74k | 0.024% $ 556.3k | |
| Independent Director | 2.8yrs | US$121.80k | 0.0071% $ 165.3k |
6.7yrs
Average Tenure
65yo
Average Age
Experienced Board: BANR's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:07 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Banner Corporation is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | D.A. Davidson & Co. |
| Jeffrey Rulis | D.A. Davidson & Co. |
| Stephen Moss | FBR Capital Markets & Co. |