vs

Side-by-side financial comparison of BANNER CORP (BANR) and Orthofix Medical Inc. (OFIX). Click either name above to swap in a different company.

Orthofix Medical Inc. is the larger business by last-quarter revenue ($219.9M vs $169.3M, roughly 1.3× BANNER CORP). BANNER CORP runs the higher net margin — 32.3% vs -1.0%, a 33.3% gap on every dollar of revenue. On growth, BANNER CORP posted the faster year-over-year revenue change (5.7% vs 2.0%). Over the past eight quarters, BANNER CORP's revenue compounded faster (13.0% CAGR vs 8.0%).

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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

BANR vs OFIX — Head-to-Head

Bigger by revenue
OFIX
OFIX
1.3× larger
OFIX
$219.9M
$169.3M
BANR
Growing faster (revenue YoY)
BANR
BANR
+3.7% gap
BANR
5.7%
2.0%
OFIX
Higher net margin
BANR
BANR
33.3% more per $
BANR
32.3%
-1.0%
OFIX
Faster 2-yr revenue CAGR
BANR
BANR
Annualised
BANR
13.0%
8.0%
OFIX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANR
BANR
OFIX
OFIX
Revenue
$169.3M
$219.9M
Net Profit
$54.7M
$-2.2M
Gross Margin
71.1%
Operating Margin
0.2%
Net Margin
32.3%
-1.0%
Revenue YoY
5.7%
2.0%
Net Profit YoY
21.2%
92.4%
EPS (diluted)
$1.60
$-0.05

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
OFIX
OFIX
Q1 26
$169.3M
Q4 25
$152.4M
$219.9M
Q3 25
$150.0M
$205.6M
Q2 25
$144.4M
$203.1M
Q1 25
$141.1M
$193.6M
Q4 24
$140.5M
$215.7M
Q3 24
$135.7M
$196.6M
Q2 24
$132.5M
$198.6M
Net Profit
BANR
BANR
OFIX
OFIX
Q1 26
$54.7M
Q4 25
$-2.2M
Q3 25
$53.5M
$-22.8M
Q2 25
$45.5M
$-14.1M
Q1 25
$45.1M
$-53.1M
Q4 24
$-29.1M
Q3 24
$45.2M
$-27.4M
Q2 24
$39.8M
$-33.4M
Gross Margin
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
71.1%
Q3 25
72.2%
Q2 25
68.7%
Q1 25
62.8%
Q4 24
69.0%
Q3 24
68.7%
Q2 24
67.8%
Operating Margin
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
10.0%
0.2%
Q3 25
13.8%
-8.3%
Q2 25
12.3%
-7.9%
Q1 25
13.5%
-25.2%
Q4 24
14.3%
-5.3%
Q3 24
13.3%
-9.6%
Q2 24
13.0%
-12.5%
Net Margin
BANR
BANR
OFIX
OFIX
Q1 26
32.3%
Q4 25
-1.0%
Q3 25
35.7%
-11.1%
Q2 25
31.5%
-6.9%
Q1 25
32.0%
-27.4%
Q4 24
-13.5%
Q3 24
33.3%
-13.9%
Q2 24
30.0%
-16.8%
EPS (diluted)
BANR
BANR
OFIX
OFIX
Q1 26
$1.60
Q4 25
$1.49
$-0.05
Q3 25
$1.54
$-0.57
Q2 25
$1.31
$-0.36
Q1 25
$1.30
$-1.35
Q4 24
$1.34
$-0.76
Q3 24
$1.30
$-0.71
Q2 24
$1.15
$-0.88

Balance Sheet & Financial Strength

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

Metric
BANR
BANR
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$82.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$450.0M
Total Assets
$16.3B
$850.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
$422.6M
$82.0M
Q3 25
$672.9M
$62.9M
Q2 25
$483.3M
$65.6M
Q1 25
$441.9M
$58.0M
Q4 24
$501.9M
$83.2M
Q3 24
$478.8M
$30.1M
Q2 24
$247.5M
$26.4M
Total Debt
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
Q3 25
$157.2M
Q2 25
$157.0M
Q1 25
$156.9M
Q4 24
$157.0M
Q3 24
$118.5M
Q2 24
$118.0M
Stockholders' Equity
BANR
BANR
OFIX
OFIX
Q1 26
$2.0B
Q4 25
$1.9B
$450.0M
Q3 25
$1.9B
$442.5M
Q2 25
$1.9B
$458.3M
Q1 25
$1.8B
$458.3M
Q4 24
$1.8B
$503.1M
Q3 24
$1.8B
$525.9M
Q2 24
$1.7B
$546.0M
Total Assets
BANR
BANR
OFIX
OFIX
Q1 26
$16.3B
Q4 25
$16.4B
$850.6M
Q3 25
$16.6B
$832.6M
Q2 25
$16.4B
$837.2M
Q1 25
$16.2B
$823.1M
Q4 24
$16.2B
$893.3M
Q3 24
$16.2B
$867.9M
Q2 24
$15.8B
$882.0M
Debt / Equity
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
Q3 25
0.36×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.31×
Q3 24
0.23×
Q2 24
0.22×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$27.7M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
$257.5M
$27.7M
Q3 25
$120.4M
$12.4M
Q2 25
$54.9M
$11.6M
Q1 25
$57.2M
$-18.4M
Q4 24
$293.2M
$23.7M
Q3 24
$63.8M
$11.7M
Q2 24
$78.7M
$9.0M
Free Cash Flow
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
$247.9M
$16.8M
Q3 25
$118.7M
$2.5M
Q2 25
$52.1M
$4.5M
Q1 25
$55.6M
$-25.1M
Q4 24
$279.4M
$15.2M
Q3 24
$60.4M
$6.3M
Q2 24
$74.3M
$-360.0K
FCF Margin
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
162.6%
7.6%
Q3 25
79.1%
1.2%
Q2 25
36.1%
2.2%
Q1 25
39.4%
-13.0%
Q4 24
198.8%
7.0%
Q3 24
44.5%
3.2%
Q2 24
56.0%
-0.2%
Capex Intensity
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
6.2%
4.9%
Q3 25
1.2%
4.8%
Q2 25
1.9%
3.5%
Q1 25
1.2%
3.5%
Q4 24
9.8%
4.0%
Q3 24
2.5%
2.7%
Q2 24
3.3%
4.7%
Cash Conversion
BANR
BANR
OFIX
OFIX
Q1 26
Q4 25
Q3 25
2.25×
Q2 25
1.21×
Q1 25
1.27×
Q4 24
Q3 24
1.41×
Q2 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BANR
BANR

Segment breakdown not available.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

Related Comparisons