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

REPLIGEN CORP is the larger business by last-quarter revenue ($197.9M vs $169.3M, roughly 1.2× BANNER CORP). BANNER CORP runs the higher net margin — 32.3% vs 6.7%, a 25.6% gap on every dollar of revenue. On growth, REPLIGEN CORP posted the faster year-over-year revenue change (13.6% vs 5.7%). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% CAGR vs 13.0%).

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.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

BANR vs RGEN — Head-to-Head

Bigger by revenue
RGEN
RGEN
1.2× larger
RGEN
$197.9M
$169.3M
BANR
Growing faster (revenue YoY)
RGEN
RGEN
+7.9% gap
RGEN
13.6%
5.7%
BANR
Higher net margin
BANR
BANR
25.6% more per $
BANR
32.3%
6.7%
RGEN
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
13.0%
BANR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANR
BANR
RGEN
RGEN
Revenue
$169.3M
$197.9M
Net Profit
$54.7M
$13.3M
Gross Margin
52.5%
Operating Margin
9.0%
Net Margin
32.3%
6.7%
Revenue YoY
5.7%
13.6%
Net Profit YoY
21.2%
143.9%
EPS (diluted)
$1.60
$0.24

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
RGEN
RGEN
Q1 26
$169.3M
Q4 25
$152.4M
$197.9M
Q3 25
$150.0M
$188.8M
Q2 25
$144.4M
$182.4M
Q1 25
$141.1M
$169.2M
Q4 24
$140.5M
$174.1M
Q3 24
$135.7M
$154.9M
Q2 24
$132.5M
$154.1M
Net Profit
BANR
BANR
RGEN
RGEN
Q1 26
$54.7M
Q4 25
$13.3M
Q3 25
$53.5M
$14.9M
Q2 25
$45.5M
$14.9M
Q1 25
$45.1M
$5.8M
Q4 24
$-30.3M
Q3 24
$45.2M
$-654.0K
Q2 24
$39.8M
$3.3M
Gross Margin
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
52.5%
Q3 25
53.2%
Q2 25
50.0%
Q1 25
53.6%
Q4 24
26.1%
Q3 24
50.0%
Q2 24
49.8%
Operating Margin
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
10.0%
9.0%
Q3 25
13.8%
8.9%
Q2 25
12.3%
7.6%
Q1 25
13.5%
3.9%
Q4 24
14.3%
-17.7%
Q3 24
13.3%
-5.1%
Q2 24
13.0%
1.0%
Net Margin
BANR
BANR
RGEN
RGEN
Q1 26
32.3%
Q4 25
6.7%
Q3 25
35.7%
7.9%
Q2 25
31.5%
8.2%
Q1 25
32.0%
3.4%
Q4 24
-17.4%
Q3 24
33.3%
-0.4%
Q2 24
30.0%
2.2%
EPS (diluted)
BANR
BANR
RGEN
RGEN
Q1 26
$1.60
Q4 25
$1.49
$0.24
Q3 25
$1.54
$0.26
Q2 25
$1.31
$0.26
Q1 25
$1.30
$0.10
Q4 24
$1.34
$-0.55
Q3 24
$1.30
$-0.01
Q2 24
$1.15
$0.06

Balance Sheet & Financial Strength

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

Metric
BANR
BANR
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$767.6M
Total DebtLower is stronger
$542.2M
Stockholders' EquityBook value
$2.0B
$2.1B
Total Assets
$16.3B
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
$422.6M
$767.6M
Q3 25
$672.9M
$748.7M
Q2 25
$483.3M
$708.9M
Q1 25
$441.9M
$697.2M
Q4 24
$501.9M
$757.4M
Q3 24
$478.8M
$784.0M
Q2 24
$247.5M
$809.1M
Total Debt
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
$542.2M
Q3 25
$537.9M
Q2 25
Q1 25
Q4 24
$525.6M
Q3 24
Q2 24
Stockholders' Equity
BANR
BANR
RGEN
RGEN
Q1 26
$2.0B
Q4 25
$1.9B
$2.1B
Q3 25
$1.9B
$2.1B
Q2 25
$1.9B
$2.1B
Q1 25
$1.8B
$2.0B
Q4 24
$1.8B
$2.0B
Q3 24
$1.8B
$2.0B
Q2 24
$1.7B
$2.0B
Total Assets
BANR
BANR
RGEN
RGEN
Q1 26
$16.3B
Q4 25
$16.4B
$2.9B
Q3 25
$16.6B
$2.9B
Q2 25
$16.4B
$2.9B
Q1 25
$16.2B
$2.9B
Q4 24
$16.2B
$2.8B
Q3 24
$16.2B
$2.8B
Q2 24
$15.8B
$2.9B
Debt / Equity
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
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
RGEN
RGEN
Operating Cash FlowLast quarter
$25.7M
Free Cash FlowOCF − Capex
$17.6M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
$257.5M
$25.7M
Q3 25
$120.4M
$48.1M
Q2 25
$54.9M
$28.6M
Q1 25
$57.2M
$15.0M
Q4 24
$293.2M
$39.2M
Q3 24
$63.8M
$49.3M
Q2 24
$78.7M
$42.2M
Free Cash Flow
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
$247.9M
$17.6M
Q3 25
$118.7M
$43.4M
Q2 25
$52.1M
$21.5M
Q1 25
$55.6M
$11.4M
Q4 24
$279.4M
$33.6M
Q3 24
$60.4M
$42.3M
Q2 24
$74.3M
$37.4M
FCF Margin
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
162.6%
8.9%
Q3 25
79.1%
23.0%
Q2 25
36.1%
11.8%
Q1 25
39.4%
6.8%
Q4 24
198.8%
19.3%
Q3 24
44.5%
27.3%
Q2 24
56.0%
24.3%
Capex Intensity
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
6.2%
4.1%
Q3 25
1.2%
2.5%
Q2 25
1.9%
3.9%
Q1 25
1.2%
2.1%
Q4 24
9.8%
3.2%
Q3 24
2.5%
4.5%
Q2 24
3.3%
3.1%
Cash Conversion
BANR
BANR
RGEN
RGEN
Q1 26
Q4 25
1.93×
Q3 25
2.25×
3.23×
Q2 25
1.21×
1.92×
Q1 25
1.27×
2.57×
Q4 24
Q3 24
1.41×
Q2 24
1.98×
12.70×

Financial Flow Comparison

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

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