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Side-by-side financial comparison of BANNER CORP (BANR) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $169.3M, roughly 1.4× BANNER CORP). BANNER CORP runs the higher net margin — 32.3% vs 4.4%, a 27.9% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 5.7%). Over the past eight quarters, BANNER CORP's revenue compounded faster (13.0% CAGR vs 5.1%).

Banner Bank is a Washington-chartered commercial bank headquartered in Walla Walla, Washington, with roots that date back to 1890. The bank provides services in commercial real estate, construction, residential, agricultural and consumer loans. It also provides community banking services through its branches and loan offices located in Washington, Oregon, Idaho and California.

BANR vs CSW — Head-to-Head

Bigger by revenue
CSW
CSW
1.4× larger
CSW
$233.0M
$169.3M
BANR
Growing faster (revenue YoY)
CSW
CSW
+14.6% gap
CSW
20.3%
5.7%
BANR
Higher net margin
BANR
BANR
27.9% more per $
BANR
32.3%
4.4%
CSW
Faster 2-yr revenue CAGR
BANR
BANR
Annualised
BANR
13.0%
5.1%
CSW

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BANR
BANR
CSW
CSW
Revenue
$169.3M
$233.0M
Net Profit
$54.7M
$10.3M
Gross Margin
39.7%
Operating Margin
7.4%
Net Margin
32.3%
4.4%
Revenue YoY
5.7%
20.3%
Net Profit YoY
21.2%
-61.9%
EPS (diluted)
$1.60
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANR
BANR
CSW
CSW
Q1 26
$169.3M
Q4 25
$152.4M
$233.0M
Q3 25
$150.0M
$277.0M
Q2 25
$144.4M
$263.6M
Q1 25
$141.1M
$230.5M
Q4 24
$140.5M
$193.6M
Q3 24
$135.7M
$227.9M
Q2 24
$132.5M
$226.2M
Net Profit
BANR
BANR
CSW
CSW
Q1 26
$54.7M
Q4 25
$10.3M
Q3 25
$53.5M
$40.7M
Q2 25
$45.5M
$40.9M
Q1 25
$45.1M
$35.1M
Q4 24
$26.9M
Q3 24
$45.2M
$36.1M
Q2 24
$39.8M
$38.6M
Gross Margin
BANR
BANR
CSW
CSW
Q1 26
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Operating Margin
BANR
BANR
CSW
CSW
Q1 26
Q4 25
10.0%
7.4%
Q3 25
13.8%
20.5%
Q2 25
12.3%
20.8%
Q1 25
13.5%
19.5%
Q4 24
14.3%
15.3%
Q3 24
13.3%
22.6%
Q2 24
13.0%
24.3%
Net Margin
BANR
BANR
CSW
CSW
Q1 26
32.3%
Q4 25
4.4%
Q3 25
35.7%
14.7%
Q2 25
31.5%
15.5%
Q1 25
32.0%
15.2%
Q4 24
13.9%
Q3 24
33.3%
15.8%
Q2 24
30.0%
17.1%
EPS (diluted)
BANR
BANR
CSW
CSW
Q1 26
$1.60
Q4 25
$1.49
$0.62
Q3 25
$1.54
$2.41
Q2 25
$1.31
$2.43
Q1 25
$1.30
$2.05
Q4 24
$1.34
$1.60
Q3 24
$1.30
$2.26
Q2 24
$1.15
$2.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANR
BANR
CSW
CSW
Cash + ST InvestmentsLiquidity on hand
$40.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$1.1B
Total Assets
$16.3B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANR
BANR
CSW
CSW
Q1 26
Q4 25
$422.6M
$40.2M
Q3 25
$672.9M
$31.5M
Q2 25
$483.3M
$38.0M
Q1 25
$441.9M
$225.8M
Q4 24
$501.9M
$213.8M
Q3 24
$478.8M
$273.2M
Q2 24
$247.5M
$18.9M
Total Debt
BANR
BANR
CSW
CSW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BANR
BANR
CSW
CSW
Q1 26
$2.0B
Q4 25
$1.9B
$1.1B
Q3 25
$1.9B
$1.1B
Q2 25
$1.9B
$1.1B
Q1 25
$1.8B
$1.1B
Q4 24
$1.8B
$1.0B
Q3 24
$1.8B
$1.0B
Q2 24
$1.7B
$650.2M
Total Assets
BANR
BANR
CSW
CSW
Q1 26
$16.3B
Q4 25
$16.4B
$2.3B
Q3 25
$16.6B
$1.5B
Q2 25
$16.4B
$1.5B
Q1 25
$16.2B
$1.4B
Q4 24
$16.2B
$1.4B
Q3 24
$16.2B
$1.4B
Q2 24
$15.8B
$1.1B
Debt / Equity
BANR
BANR
CSW
CSW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANR
BANR
CSW
CSW
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANR
BANR
CSW
CSW
Q1 26
Q4 25
$257.5M
$28.9M
Q3 25
$120.4M
$61.8M
Q2 25
$54.9M
$60.6M
Q1 25
$57.2M
$27.3M
Q4 24
$293.2M
$11.6M
Q3 24
$63.8M
$66.8M
Q2 24
$78.7M
$62.7M
Free Cash Flow
BANR
BANR
CSW
CSW
Q1 26
Q4 25
$247.9M
$22.7M
Q3 25
$118.7M
$58.7M
Q2 25
$52.1M
$57.7M
Q1 25
$55.6M
$22.8M
Q4 24
$279.4M
$8.5M
Q3 24
$60.4M
$61.3M
Q2 24
$74.3M
$59.6M
FCF Margin
BANR
BANR
CSW
CSW
Q1 26
Q4 25
162.6%
9.8%
Q3 25
79.1%
21.2%
Q2 25
36.1%
21.9%
Q1 25
39.4%
9.9%
Q4 24
198.8%
4.4%
Q3 24
44.5%
26.9%
Q2 24
56.0%
26.3%
Capex Intensity
BANR
BANR
CSW
CSW
Q1 26
Q4 25
6.2%
2.6%
Q3 25
1.2%
1.1%
Q2 25
1.9%
1.1%
Q1 25
1.2%
2.0%
Q4 24
9.8%
1.6%
Q3 24
2.5%
2.4%
Q2 24
3.3%
1.4%
Cash Conversion
BANR
BANR
CSW
CSW
Q1 26
Q4 25
2.81×
Q3 25
2.25×
1.52×
Q2 25
1.21×
1.48×
Q1 25
1.27×
0.78×
Q4 24
0.43×
Q3 24
1.41×
1.85×
Q2 24
1.98×
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BANR
BANR

Segment breakdown not available.

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

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