Banner Corporation
Banner Corporation (NASDAQ: BANR) is trading at $67.47, about ₹6,482 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.03% today. Indian residents can buy Banner from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$67.16
Today's high
$68.55
52 week low
$57.05
52 week high
$74.84
BANR opened at $68.14, closed previously at $68.17, and has traded between $57.05 and $74.84 over the past 52 weeks.
About
Banner Corporation, the parent entity of Banner Bank, delivers a comprehensive suite of commercial banking and financial solutions. It serves a diverse clientele, including private individuals, commercial enterprises, and governmental organizations across the United States. Its offerings encompass various deposit options, such as interest-bearing and non-interest-bearing checking accounts, money market accounts, standard savings plans, and certificates of deposit. Additionally, it provides treasury management services and retirement savings opportunities. The company extends a wide array of lending products. These include commercial real estate financing for owner-occupied properties, investment ventures, and multi-unit residential buildings; loans for construction, land acquisition, and development; home mortgages; commercial business loans; agricultural financing; and diverse consumer credit options like home equity lines of credit, vehicle loans (automobiles, boats, recreational vehicles), and loans secured by deposit accounts. Beyond traditional banking, Banner Corporation is active in mortgage banking, originating and selling residential loans for single-family to four-family homes and multi-family units, alongside Small Business Administration (SBA) loans. It also provides modern electronic and digital banking services. As of December 31, 2021, the corporation maintained a physical presence through 150 branch locations and 18 loan production offices spread across Washington, Oregon, California, Idaho, and Utah. Established in 1890, Banner Corporation's main office is situated in Walla Walla, Washington.
Key statistics
Avg. volume
316.12K
Market cap
$2.29B
P/E Ratio
11.08
Price-to-sales ratio
3.44
Enterprise value
$2.33B
Free cash flow yield
11.57%
Debt-to-equity ratio
0.27
Return on equity
10.04%
ROIC
8.51%
Beta
0.82
Dividend yield
3.02%
Last dividend
$2.04
Financial overview
Revenue
$819.49M
Earnings per share
$5.67
Free cash flow
$247.95M
Net profit margin
31.24%
Gross margin
77.67%
EBITDA
$252.56M
Revenue growth
-0.95%
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This is not an investment recommendation
How to buy Banner from India
Indian residents can buy Banner shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Banner and place an order
Find Banner by name or by its ticker, BANR, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Banner trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Banner position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Banner from India
Trading and taxes when buying Banner from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Banner’s current yield is 3.02%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Banner stock?
Yes. Banner (BANR) has been listed on NASDAQ since 1995, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Banner share cost in rupees?
One Banner share is $67.47 — about ₹6,482 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Banner price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Banner from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Banner?
Yes. One Banner share is $67.47, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Banner.
How are gains on Banner shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Banner price. Paasa issues a capital-gains statement for your return.
Does Banner pay a dividend, and how is it taxed in India?
Yes. Banner pays a dividend and the current yield is 3.02%; the last declared dividend was $2.04 per share, about ₹195.98. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Banner from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Banner shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Banner shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Banner holding, its cost and its closing value.
How do I sell Banner and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.