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Side-by-side financial comparison of BANNER CORP (BANR) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

BANNER CORP is the larger business by last-quarter revenue ($169.3M vs $121.0M, roughly 1.4× Turning Point Brands, Inc.). BANNER CORP runs the higher net margin — 32.3% vs 6.8%, a 25.5% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 5.7%). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% 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.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

BANR vs TPB — Head-to-Head

Bigger by revenue
BANR
BANR
1.4× larger
BANR
$169.3M
$121.0M
TPB
Growing faster (revenue YoY)
TPB
TPB
+23.5% gap
TPB
29.2%
5.7%
BANR
Higher net margin
BANR
BANR
25.5% more per $
BANR
32.3%
6.8%
TPB
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
13.0%
BANR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANR
BANR
TPB
TPB
Revenue
$169.3M
$121.0M
Net Profit
$54.7M
$8.2M
Gross Margin
55.9%
Operating Margin
16.5%
Net Margin
32.3%
6.8%
Revenue YoY
5.7%
29.2%
Net Profit YoY
21.2%
239.8%
EPS (diluted)
$1.60
$0.40

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
TPB
TPB
Q1 26
$169.3M
Q4 25
$152.4M
$121.0M
Q3 25
$150.0M
$119.0M
Q2 25
$144.4M
$116.6M
Q1 25
$141.1M
$106.4M
Q4 24
$140.5M
$93.7M
Q3 24
$135.7M
$90.7M
Q2 24
$132.5M
$93.2M
Net Profit
BANR
BANR
TPB
TPB
Q1 26
$54.7M
Q4 25
$8.2M
Q3 25
$53.5M
$21.1M
Q2 25
$45.5M
$14.5M
Q1 25
$45.1M
$14.4M
Q4 24
$2.4M
Q3 24
$45.2M
$12.4M
Q2 24
$39.8M
$13.0M
Gross Margin
BANR
BANR
TPB
TPB
Q1 26
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Operating Margin
BANR
BANR
TPB
TPB
Q1 26
Q4 25
10.0%
16.5%
Q3 25
13.8%
21.8%
Q2 25
12.3%
22.6%
Q1 25
13.5%
21.8%
Q4 24
14.3%
19.1%
Q3 24
13.3%
22.9%
Q2 24
13.0%
24.5%
Net Margin
BANR
BANR
TPB
TPB
Q1 26
32.3%
Q4 25
6.8%
Q3 25
35.7%
17.7%
Q2 25
31.5%
12.4%
Q1 25
32.0%
13.5%
Q4 24
2.6%
Q3 24
33.3%
13.6%
Q2 24
30.0%
14.0%
EPS (diluted)
BANR
BANR
TPB
TPB
Q1 26
$1.60
Q4 25
$1.49
$0.40
Q3 25
$1.54
$1.13
Q2 25
$1.31
$0.79
Q1 25
$1.30
$0.79
Q4 24
$1.34
$0.15
Q3 24
$1.30
$0.68
Q2 24
$1.15
$0.68

Balance Sheet & Financial Strength

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

Metric
BANR
BANR
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$372.0M
Total Assets
$16.3B
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANR
BANR
TPB
TPB
Q1 26
Q4 25
$422.6M
$222.8M
Q3 25
$672.9M
$201.2M
Q2 25
$483.3M
$109.9M
Q1 25
$441.9M
$99.6M
Q4 24
$501.9M
$48.9M
Q3 24
$478.8M
$33.6M
Q2 24
$247.5M
$142.2M
Stockholders' Equity
BANR
BANR
TPB
TPB
Q1 26
$2.0B
Q4 25
$1.9B
$372.0M
Q3 25
$1.9B
$358.2M
Q2 25
$1.9B
$224.8M
Q1 25
$1.8B
$203.4M
Q4 24
$1.8B
$190.4M
Q3 24
$1.8B
$185.7M
Q2 24
$1.7B
$172.8M
Total Assets
BANR
BANR
TPB
TPB
Q1 26
$16.3B
Q4 25
$16.4B
$763.8M
Q3 25
$16.6B
$742.8M
Q2 25
$16.4B
$595.8M
Q1 25
$16.2B
$564.6M
Q4 24
$16.2B
$493.4M
Q3 24
$16.2B
$488.0M
Q2 24
$15.8B
$591.6M

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
TPB
TPB
Operating Cash FlowLast quarter
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANR
BANR
TPB
TPB
Q1 26
Q4 25
$257.5M
$24.9M
Q3 25
$120.4M
$3.3M
Q2 25
$54.9M
$11.8M
Q1 25
$57.2M
$17.4M
Q4 24
$293.2M
$17.7M
Q3 24
$63.8M
$13.2M
Q2 24
$78.7M
$13.4M
Free Cash Flow
BANR
BANR
TPB
TPB
Q1 26
Q4 25
$247.9M
$21.5M
Q3 25
$118.7M
$-721.0K
Q2 25
$52.1M
$7.8M
Q1 25
$55.6M
$15.2M
Q4 24
$279.4M
$16.6M
Q3 24
$60.4M
$12.6M
Q2 24
$74.3M
$10.9M
FCF Margin
BANR
BANR
TPB
TPB
Q1 26
Q4 25
162.6%
17.8%
Q3 25
79.1%
-0.6%
Q2 25
36.1%
6.7%
Q1 25
39.4%
14.3%
Q4 24
198.8%
17.8%
Q3 24
44.5%
13.9%
Q2 24
56.0%
11.7%
Capex Intensity
BANR
BANR
TPB
TPB
Q1 26
Q4 25
6.2%
2.8%
Q3 25
1.2%
3.4%
Q2 25
1.9%
3.4%
Q1 25
1.2%
2.1%
Q4 24
9.8%
1.2%
Q3 24
2.5%
0.7%
Q2 24
3.3%
2.7%
Cash Conversion
BANR
BANR
TPB
TPB
Q1 26
Q4 25
3.03×
Q3 25
2.25×
0.16×
Q2 25
1.21×
0.82×
Q1 25
1.27×
1.21×
Q4 24
7.34×
Q3 24
1.41×
1.07×
Q2 24
1.98×
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BANR
BANR

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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