Steven Rust - Banner CIO, Executive Vice President of the Bank

BANR Stock  USD 46.05  0.83  1.84%   

President

Mr. Steven W. Rust is a Executive Vice President, Chief Information Officer of the Banner Bank, a subsidiary Company of Banner Corporationrationration. He joined Banner Bank in October 2005 as Senior Vice President and Chief Information Officer and was named to his current position as Executive Vice President and Chief Information Officer in September 2007
Age 70
Address 10 South First Avenue, Walla Walla, WA, United States, 99362
Phone509 527 3636
Webhttps://www.bannerbank.com
Rust has over 38 years of relevant industry experience prior to joining Banner Bank and was founder and President of InfoSoft Technology, through which he worked for nine years as a technology consultant and interim Chief Information Officer for banks and insurance companies. He also worked 19 years with US Bank/West One Bancorp as Senior Vice President & Manager of Information Systems.

Banner Management Efficiency

The company has return on total asset (ROA) of 0.0107 % which means that it generated a profit of $0.0107 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1036 %, meaning that it created $0.1036 on every $100 dollars invested by stockholders. Banner's management efficiency ratios could be used to measure how well Banner manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/24/2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.05. At this time, Banner's Total Assets are relatively stable compared to the past year. As of 04/24/2024, Non Current Assets Total is likely to grow to about 16.2 B, while Other Current Assets are likely to drop slightly above 301.7 M.
The company currently holds 713.8 M in liabilities with Debt to Equity (D/E) ratio of 6.54, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Banner until it has trouble settling it off, either with new capital or with free cash flow. So, Banner's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Banner sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Banner to invest in growth at high rates of return. When we think about Banner's use of debt, we should always consider it together with cash and equity.

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Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington. Banner Corp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1891 people. Banner (BANR) is traded on NASDAQ Exchange in USA. It is located in 10 South First Avenue, Walla Walla, WA, United States, 99362 and employs 1,966 people. Banner is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Banner Leadership Team

Elected by the shareholders, the Banner's board of directors comprises two types of representatives: Banner inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banner. The board's role is to monitor Banner's management team and ensure that shareholders' interests are well served. Banner's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banner's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Sirmon, Independent Chairman of the Board
Merline Saintil, Independent Director
Robert Adams, Independent Director
Craig Miller, Executive Vice President General Counsel
Robert Butterfield, Executive CFO
Gordon Budke, Independent Director
Steven Rust, CIO, Executive Vice President of the Bank
Kenneth Johnson, Executive Vice President - Operations
Lloyd Baker, CFO, Executive VP and Executive VP - Banner Bank
Mark Grescovich, CEO and President Director, Member of Executive Committee, Member of Risk Committee, Chief Executive officer of Banner Bank and President of Banner Bank and Director of Banner Bank
Spencer Fleischer, Director
Albert Marshall, IR Contact Officer
James McLean, Executive Vice President Commercial Real Estate Lending Division
Brent Orrico, Independent Director
Kayleen Kohler, Executive Vice President - Human Resources
James Costa, Executive Bank
Constance Kravas, Independent Director
Rich Arnold, Head Relations
Tyrone Bliss, Executive Vice President - Risk Management and Compliance Officer of the Bank
Doyle Arnold, Director
David Klaue, Independent Director
Kevin Riordan, Director
James Garcia, Executive Vice President Chief Audit Executive
Keith Western, Executive Vice President - California & S. Oregon Commercial Banking
Michael Smith, Independent Director
Connie Collingsworth, Independent Director
Judith Steiner, Executive Vice President Chief Risk Officer
Peter Conner, Executive Vice President - CFO
Roberto Herencia, Director
James Claffee, Executive Vice President - Chief Integration Officer
Karen Harrison, Executive Executive
Anne Wuesthoff, Executive Vice President - Human Resources of the Bank
Michael Gillfillan, Director
Kenneth Larsen, Executive Vice President - Mortgage Banking
John Layman, Independent Director
Cynthia Purcell, Executive VP of Retail Banking and Admin. - Banner Bank
Terry Schwakopf, Director
Gary Wagers, Executive Vice President - Retail Products and Services of the Bank
Kirk Quillin, Senior Vice President - Commercial Banking of the Bank
Michael Jones, Independent Director
James Reed, Senior Vice President - Commercial Banking of the Bank
David Matson, Director
Richard Barton, Chief Lending Officer of Banner Bank and Executive VP of Banner Bank
Douglas Bennett, Executive VP of Real Estate Lending Operations - Banner Bank
Cheryl Bishop, Director
Jesse Foster, Vice Chairman of the Board
Sherrey Luetjen, General VP

Banner Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Banner a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Banner

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banner will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banner Stock

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Moving against Banner Stock

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The ability to find closely correlated positions to Banner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banner to buy it.
The correlation of Banner is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banner moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Banner is a strong investment it is important to analyze Banner's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Banner's future performance. For an informed investment choice regarding Banner Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banner. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Banner Stock, please use our How to Invest in Banner guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Banner's price analysis, check to measure Banner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banner is operating at the current time. Most of Banner's value examination focuses on studying past and present price action to predict the probability of Banner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banner's price. Additionally, you may evaluate how the addition of Banner to your portfolios can decrease your overall portfolio volatility.
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Is Banner's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banner. If investors know Banner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banner listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.32)
Dividend Share
1.92
Earnings Share
5.33
Revenue Per Share
17.176
Quarterly Revenue Growth
(0.12)
The market value of Banner is measured differently than its book value, which is the value of Banner that is recorded on the company's balance sheet. Investors also form their own opinion of Banner's value that differs from its market value or its book value, called intrinsic value, which is Banner's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banner's market value can be influenced by many factors that don't directly affect Banner's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banner's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.