Banner (BANR) financial statements
Net income was $195M.
Free cash flow was $248M, and the company returned $68M in dividends and $32M in net buybacks.
Income statement
Fiscal years, from Banner's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | $76M | $85M | $84M | $82M | $99M | $96M | $75M | $44M | $67M | $73M |
| Interest expense | $16M | $19M | $33M | $57M | $38M | $24M | $19M | $126M | — | — |
| Pre-tax income | $130M | $151M | $165M | $183M | $142M | $247M | $241M | $227M | $209M | $239M |
| Income tax | $44M | $90M | $29M | $37M | $27M | $46M | $45M | $43M | $41M | $44M |
| Net income | $85M | $61M | $137M | $146M | $116M | $201M | $195M | $184M | $169M | $195M |
| EPS (diluted) | $2.52 | $1.84 | $4.15 | $4.18 | $3.26 | $5.76 | $5.67 | $5.33 | $4.88 | $5.64 |
| Diluted shares | 34M | 33M | 33M | 35M | 36M | 35M | 34M | 34M | 35M | 35M |
Balance sheet
Fiscal years, from Banner's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $248M | $261M | $272M | $308M | $1.2B | $2.1B | $243M | $254M | $502M | $423M |
| Property, plant and equipment | $166M | $155M | $172M | $178M | $165M | $149M | $139M | $132M | $125M | $112M |
| Goodwill | $245M | $243M | $339M | $373M | $373M | $373M | $373M | $373M | $373M | $373M |
| Total assets | $9.8B | $9.8B | $11.9B | $12.6B | $15.0B | $16.8B | $15.8B | $15.7B | $16.2B | $16.4B |
| Total liabilities | $8.5B | $8.5B | $10.4B | $11.0B | $13.4B | $15.1B | $14.4B | $14.0B | $14.4B | $14.4B |
| Shareholders' equity | $1.3B | $1.3B | $1.5B | $1.6B | $1.7B | $1.7B | $1.5B | $1.7B | $1.8B | $1.9B |
| Net debt | -$248M | -$261M | -$272M | -$308M | -$1.2B | -$2.1B | -$243M | -$254M | -$502M | -$423M |
Cash flow
Fiscal years, from Banner's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$76M | $347M | $31M | $150M | $125M | $302M | $238M | $257M | $293M | $257M |
| Capital spending | $16M | $12M | $23M | $25M | $13M | $10M | $15M | $15M | $14M | $10M |
| Free cash flow | -$92M | $334M | $8M | $125M | $113M | $291M | $223M | $243M | $279M | $248M |
| Stock-based compensation | $4M | $6M | $7M | $7M | $9M | $9M | $9M | $9M | $10M | $10M |
| Dividends paid | $28M | $66M | $59M | $56M | $94M | $58M | $61M | $67M | $67M | $68M |
| Share buybacks (net) | -$51M | -$31M | -$34M | -$54M | -$32M | -$57M | -$11M | $0 | $0 | -$32M |
| Dividends per share | $0.84 | $1.99 | $1.80 | $1.60 | $2.65 | $1.65 | $1.77 | $1.94 | $1.93 | $1.95 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for BANR.
Open BANR in InvestinglyQuestions
How much free cash flow does Banner generate?
$248M in fiscal 2025 (operating cash flow minus capital spending).
From Banner's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.