BANNER CORP BANR
COM NEW · Common Stock · CUSIP 06652V208
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersWalla Walla, WA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.3m this quarter). Holder counts are more reliable. Shares outstanding: 34.5m as of 2024-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $49.64. Options: 3 managers hold calls ($53.6k notional), 3 hold puts ($13.9k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 222 |
| Q4 2022 | 248 |
| Q1 2023 | 221 |
| Q2 2023 | 215 |
| Q3 2023 | 207 |
| Q4 2023 | 206 |
| Q1 2024 | 202 |
| Q2 2024 | 193 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 110 | 102 |
| Q1 2023 | 101 | 125 |
| Q2 2023 | 105 | 108 |
| Q3 2023 | 89 | 117 |
| Q4 2023 | 98 | 94 |
| Q1 2024 | 85 | 102 |
| Q2 2024 | 84 | 102 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $380.9k | $152.0k | 0.40 |
| Q4 2023 | $663.4k | $138.9k | 0.21 |
| Q1 2024 | $104.8k | $33.6k | 0.32 |
| Q2 2024 | $53.6k | $13.9k | 0.26 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +751.9k |
| JPMORGAN CHASE & CO | Added | +228.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +123.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +109.5k |
| STATE STREET CORP | Added | +46.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +39.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +38.3k |
| DIMENSIONAL FUND ADVISORS LP | Added | +37.8k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +37.7k |
| Allianz Asset Management GmbH | Added | +37.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -596.8k |
| FJ Capital Management LLC | Sold out | -232.8k |
| Empowered Funds, LLC | Reduced | -116.6k |
| BlackRock Inc. | Reduced | -103.5k |
| DEUTSCHE BANK AG\ | Reduced | -87.3k |
| Edgestream Partners, L.P. | Reduced | -82.6k |
| Nuveen Asset Management, LLC | Reduced | -63.0k |
| VANGUARD GROUP INC | Reduced | -61.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -55.5k |
| Thrivent Financial for Lutherans | Reduced | -54.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $49.6k1.0k shares |
| SIMPLEX TRADING, LLC | Unchanged | $4.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $9.9k200 shares |
| SIMPLEX TRADING, LLC | New | $4.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.7% |
| VICTORY CAPITAL MANAGEMENT INC 13G · institution no change · filed 2025-08-08 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 1 | $78.1k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 3 | $102.9k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $86.7k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 5.0m $247.2m | Reduced -103.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.1m $204.2m | Reduced -61.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.4m $117.2m | Added +37.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.8m $89.3m | Added +46.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.6m $79.0m | Added +751.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $63.9m | Added +23.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 812.0k $40.3m | Added +28.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 795.9k $39.5m | Added +123.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 761.4k $37.8m | Added +228.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 740.0k $36.7m | Added +4.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 731.5k $36.3m | Reduced -63.0k |
| WESTWOOD HOLDINGS GROUP INC 0.16% of their portfolio | 706.1k $35.0m | Reduced -11.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 650.3k $32.3m | Reduced -50.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 607.8k $30.2m | Added +109.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 432.4k $21.5m | Added +11.3k |
| Aberdeen Group plc 0.04% of their portfolio | 422.1k $21.0m | Reduced -15.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 419.3k $20.8m | Reduced -11.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 394.3k $19.6m | Reduced -42.6k |
| Aristotle Capital Boston, LLC 0.60% of their portfolio | 356.6k $17.7m | Reduced -26.6k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 285.4k $14.2m | Reduced -5.1k |
| MORGAN STANLEY 0.00% of their portfolio | 283.8k $14.1m | Reduced -596.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 277.9k $13.8m | Reduced -55.5k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 274.0k $13.6m | Reduced -54.7k |
| Stieven Capital Advisors, L.P. 2.53% of their portfolio | 230.3k $11.4m | Added +32.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 227.8k $11.3m | Reduced -42.3k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 203.8k $10.1m | Added +5.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 169.9k $8.4m | Reduced -8.4k |
| NORGES BANK 0.00% of their portfolio | 162.0k $8.0m | Reduced -48.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 159.1k $7.9m | Added +16.7k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 151.8k $7.5m | Reduced -1.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 145.1k $7.2m | Added +5.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 144.8k $7.2m | Added +6.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 138.1k $6.9m | Reduced -23.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 138.0k $6.8m | Reduced -154 |
| Invesco Ltd. 0.00% of their portfolio | 128.1k $6.4m | Reduced -1.7k |
| Phocas Financial Corp. 0.71% of their portfolio | 126.1k $6.3m | Reduced -2.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 124.7k $6.2m | Added +26.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 118.0k $5.9m | Added +600 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 113.0k $5.6m | Reduced -12.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 110.2k $5.5m | Reduced -237 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 110.0k $5.5m | Added +12.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 101.0k $5.0m | Added +26.2k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 95.9k $4.8m | Added +37.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 93.3k $4.6m | Reduced -87.3k |
| Legal & General Group Plc 0.00% of their portfolio | 92.8k $4.6m | Reduced -1.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 90.0k $4.5m | Added +39.7k |
| Empowered Funds, LLC 0.08% of their portfolio | 88.0k $4.4m | Reduced -116.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 76.8k $3.8m | Reduced -1.1k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 75.8k $3.8m | Added +5.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 71.9k $3.6m | Added +38.3k |
| Swiss National Bank 0.00% of their portfolio | 67.7k $3.4m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 66.3k $3.3m | Reduced -4.6k |
| Petiole USA ltd 2.60% of their portfolio | 62.4k $3.1m | Unchanged |
| HENNESSY ADVISORS INC 0.12% of their portfolio | 62.0k $3.1m | Added +5.0k |
| Sapience Investments, LLC 1.57% of their portfolio | 61.7k $3.1m | Reduced -29.6k |
| Forest Hill Capital, LLC 2.52% of their portfolio | 61.5k $3.1m | Unchanged |
| Siena Capital Partners GP, LLC 1.00% of their portfolio | 61.0k $3.0m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 60.8k $3.0m | Reduced -485 |
| CITIGROUP INC 0.00% of their portfolio | 58.7k $2.9m | Added +1.8k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 56.2k $2.8m | Added +10.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 54.9k $2.7m | Added +26.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 54.6k $2.7m | Added +37.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 52.1k $2.6m | Added +11.7k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 44.5k $2.2m | Added +5.0k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 42.8k $2.1m | Reduced -43.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 41.1k $2.0m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 40.0k $2.0m | Added +29 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 38.9k $1.9m | Added +23.5k |
| BARCLAYS PLC 0.00% of their portfolio | 38.4k $1.9m | Reduced -24.2k |
| UBS Group AG 0.00% of their portfolio | 36.3k $1.8m | Added +6.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 34.2k $1.7m | Reduced -238 |
| CALDWELL SUTTER CAPITAL, INC. 0.83% of their portfolio | 33.7k $1.7m | Reduced -1.0k |
| FMR LLC 0.00% of their portfolio | 33.5k $1.7m | Added +3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 33.5k $1.7m | Reduced -826 |
| Rosenthal | Henry Capital Advisors, Inc. 2.28% of their portfolio | 32.4k $1.6m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 32.2k $1.6m | Reduced -628 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 30.1k $1.5m | Unchanged |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio | 25.6k $1.3m | Added +170 |
| Tower Research Capital LLC (TRC) 0.02% of their portfolio | 23.9k $1.2m | Added +20.5k |
| Cascade Investment Advisors, Inc. 0.77% of their portfolio | 23.0k $1.1m | Added +1.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 22.9k $1.1m | Added +1.1k |
| WESBANCO BANK INC 0.04% of their portfolio | 22.2k $1.1m | Unchanged |
| Merriman Wealth Management, LLC 0.05% of their portfolio | 22.1k $1.1m | Reduced -310 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 20.9k $1.0m | Added +4.2k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 20.2k $1.0m | Reduced -698 |
| Edgestream Partners, L.P. 0.05% of their portfolio | 20.1k $998.3k | Reduced -82.6k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 19.9k $988.7k | First filing |
| MetLife Investment Management, LLC 0.01% of their portfolio | 19.8k $983.5k | Added +2.9k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 19.6k $973.9k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 18.7k $898.5k | Reduced -8.4k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 18.6k $925.6k | Unchanged |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 18.6k $922.8k | Added +66 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 18.6k $922.0k | Added +2.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 18.1k $899.0k | New |
| Trexquant Investment LP 0.01% of their portfolio | 17.9k $888.7k | Added +1.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 17.9k $888.4k | First filing |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 17.4k $862.3k | Reduced -37.4k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 17.3k $858.8k | Added +300 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 16.8k $834.2k | Reduced -318 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 15.4k $763.5k | Added +3.9k |