Stephens raises Banner stock price target to $78 on deposit growth
Stephens raised its price target on Banner Corporation (BANR) to $78 from $77, citing deposit growth. The bank reported Q3 EPS of $1.54, beating estimates, but missed on pre-provision net revenue. Deposit costs rose, limiting margin expansion. Stephens expects Q4 to be stronger. BANR's Q3 2026 earnings missed expectations due to merger costs and securities loss, but showed core revenue growth and loan originations surge.


