Banner Other Operating Expenses vs Non Recurring Analysis

BANR Stock  USD 65.80  0.80  1.23%   
Banner financial indicator trend analysis is way more than just evaluating Banner prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banner is a good investment. Please check the relationship between Banner Other Operating Expenses and its Non Recurring accounts. 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 closely tied 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.

Other Operating Expenses vs Non Recurring

Other Operating Expenses vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banner Other Operating Expenses account and Non Recurring. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Banner's Other Operating Expenses and Non Recurring is 0.49. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Banner, assuming nothing else is changed. The correlation between historical values of Banner's Other Operating Expenses and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Banner are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Other Operating Expenses i.e., Banner's Other Operating Expenses and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banner. It is also known as Banner overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Non Recurring

Most indicators from Banner's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banner current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied 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.At this time, Banner's Selling General Administrative is relatively stable compared to the past year. As of 01/13/2025, Enterprise Value is likely to grow to about 2.2 B, while Tax Provision is likely to drop slightly above 34.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense19.4M125.6M113.0M118.7M
Depreciation And Amortization22.2M21.6M24.9M12.9M

Banner fundamental ratios Correlations

0.840.220.360.970.78-0.10.870.460.740.610.120.430.950.930.61-0.110.60.860.430.770.96-0.440.930.930.5
0.840.240.380.830.78-0.070.690.450.50.380.270.510.730.750.37-0.210.360.620.50.810.88-0.480.80.80.34
0.220.240.80.190.49-0.66-0.080.61-0.36-0.510.70.82-0.010.18-0.5-0.18-0.51-0.220.82-0.210.20.340.230.230.3
0.360.380.80.290.52-0.650.10.68-0.2-0.340.620.860.140.31-0.36-0.18-0.37-0.090.86-0.010.34-0.120.280.280.17
0.970.830.190.290.82-0.050.790.420.680.570.210.390.90.950.56-0.030.550.840.390.780.98-0.430.980.980.49
0.780.780.490.520.82-0.30.450.530.280.140.550.620.620.820.140.020.130.50.620.460.79-0.210.850.850.58
-0.1-0.07-0.66-0.65-0.05-0.30.15-0.890.320.42-0.4-0.830.15-0.050.43-0.070.440.25-0.830.32-0.02-0.28-0.02-0.02-0.14
0.870.69-0.080.10.790.450.150.220.920.85-0.310.110.940.710.84-0.210.840.910.10.770.81-0.530.690.690.31
0.460.450.610.680.420.53-0.890.220.04-0.090.320.890.220.36-0.1-0.07-0.110.120.880.120.40.040.350.350.26
0.740.5-0.36-0.20.680.280.320.920.040.98-0.56-0.180.880.610.98-0.210.980.95-0.190.760.65-0.420.580.590.3
0.610.38-0.51-0.340.570.140.420.85-0.090.98-0.66-0.350.790.511.0-0.181.00.9-0.350.710.54-0.450.460.470.23
0.120.270.70.620.210.55-0.4-0.310.32-0.56-0.660.65-0.120.28-0.670.24-0.68-0.320.66-0.140.230.040.330.330.18
0.430.510.820.860.390.62-0.830.110.89-0.18-0.350.650.160.37-0.36-0.04-0.37-0.041.00.060.420.030.390.380.24
0.950.73-0.010.140.90.620.150.940.220.880.79-0.120.160.860.79-0.160.780.940.160.810.89-0.490.850.850.47
0.930.750.180.310.950.82-0.050.710.360.610.510.280.370.860.50.060.480.80.370.690.9-0.480.960.960.63
0.610.37-0.5-0.360.560.140.430.84-0.10.981.0-0.67-0.360.790.5-0.21.00.91-0.360.710.53-0.390.470.470.24
-0.11-0.21-0.18-0.18-0.030.02-0.07-0.21-0.07-0.21-0.180.24-0.04-0.160.06-0.2-0.2-0.14-0.04-0.34-0.05-0.120.030.03-0.05
0.60.36-0.51-0.370.550.130.440.84-0.110.981.0-0.68-0.370.780.481.0-0.20.9-0.370.70.52-0.40.450.460.23
0.860.62-0.22-0.090.840.50.250.910.120.950.9-0.32-0.040.940.80.91-0.140.9-0.040.80.79-0.410.780.780.45
0.430.50.820.860.390.62-0.830.10.88-0.19-0.350.661.00.160.37-0.36-0.04-0.37-0.040.060.420.030.390.380.24
0.770.81-0.21-0.010.780.460.320.770.120.760.71-0.140.060.810.690.71-0.340.70.80.060.8-0.550.730.730.24
0.960.880.20.340.980.79-0.020.810.40.650.540.230.420.890.90.53-0.050.520.790.420.8-0.510.950.950.35
-0.44-0.480.34-0.12-0.43-0.21-0.28-0.530.04-0.42-0.450.040.03-0.49-0.48-0.39-0.12-0.4-0.410.03-0.55-0.51-0.37-0.370.06
0.930.80.230.280.980.85-0.020.690.350.580.460.330.390.850.960.470.030.450.780.390.730.95-0.371.00.51
0.930.80.230.280.980.85-0.020.690.350.590.470.330.380.850.960.470.030.460.780.380.730.95-0.371.00.51
0.50.340.30.170.490.58-0.140.310.260.30.230.180.240.470.630.24-0.050.230.450.240.240.350.060.510.51
Click cells to compare fundamentals

Banner Account Relationship Matchups

Banner fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.0B16.8B15.8B15.7B18.0B18.9B
Short Long Term Debt Total602.6M811.8M703.8M713.8M820.9M486.1M
Other Current Liab9.3B10.7B10.2B(322.1M)(370.4M)(351.8M)
Total Current Liabilities9.6B11.0B10.5B198.4M228.2M216.7M
Total Stockholder Equity1.7B1.7B1.5B1.7B1.9B2.0B
Property Plant And Equipment Net219.9M204.0M188.0M176.0M202.4M101.4M
Net Debt(809.7M)(1.8B)35.9M459.3M413.4M434.1M
Retained Earnings247.3M390.8M525.2M642.2M738.5M775.4M
Cash1.2B2.1B243.1M254.5M292.6M283.0M
Non Current Assets Total3.4B4.8B4.5B15.4B17.7B18.6B
Non Currrent Assets Other(127.0M)(109.8M)(214.6M)11.4B13.1B13.8B
Other Assets8.0B6.2B8.2B30.1M34.7M32.9M
Cash And Short Term Investments3.6B5.8B3.0B254.5M292.6M278.0M
Net Receivables46.6M42.9M57.3M63.1M72.6M76.2M
Common Stock Shares Outstanding35.5M34.9M34.5M34.5M39.6M41.6M
Liabilities And Stockholders Equity15.0B16.8B15.8B15.7B18.0B18.9B
Non Current Liabilities Total424.5M328.1M279.0M13.8B15.9B16.7B
Other Stockholder Equity53.6M69K184K(362.8M)(417.2M)(396.3M)
Total Liab424.5M328.1M279.0M14.0B16.1B16.9B
Property Plant And Equipment Gross164.6M204.0M188.0M353.0M405.9M426.2M
Total Current Assets3.6B5.8B3.1B254.5M292.6M278.0M
Accumulated Other Comprehensive Income69.1M184K(362.8M)(289.1M)(260.2M)(247.2M)
Short Term Debt300.8M328.9M297.2M520.4M598.5M628.4M
Other Current Assets1.3B2.5B629.4M317.6M285.8M271.5M
Common Stock Total Equity1.4B1.3B1.3B1.3B1.5B1.6B
Common Stock1.3B1.3B1.3B1.3B1.5B1.6B
Other Liab45.7M45.5M46.7M44.3M50.9M43.6M
Accounts Payable227.9M202.6M14.3B200.8M231.0M219.4M
Long Term Debt301.8M268.4M456.6M482.3M554.6M582.3M
Short Term Investments2.3B3.6B2.8B2.4B2.7B2.9B
Inventory(1.3B)(2.5B)(629.4M)(11.0B)(9.9B)(9.4B)
Intangible Assets21.4M14.9M9.4M5.7M5.1M4.9M
Property Plant Equipment178.0M164.6M204.0M138.8M159.6M111.5M
Net Tangible Assets1.2B1.3B1.3B1.1B1.2B1.0B
Retained Earnings Total Equity186.8M247.3M390.8M525.2M604.0M634.2M
Long Term Debt Total237.8M301.8M482.9M406.6M467.6M262.4M
Deferred Long Term Liab45.7M45.5M46.7M44.3M50.9M37.1M
Long Term Investments10.0B4.2B3.9B3.4B3.9B5.4B
Non Current Liabilities Other450M150M109.8M105.2M121.0M148.8M

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

  0.98AX Axos FinancialPairCorr
  0.96BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
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

Additional Tools for Banner Stock Analysis

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.