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

BANNER CORP is the larger business by last-quarter revenue ($169.3M vs $127.1M, roughly 1.3× Zai Lab Ltd). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 5.7%). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% 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.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

BANR vs ZLAB — Head-to-Head

Bigger by revenue
BANR
BANR
1.3× larger
BANR
$169.3M
$127.1M
ZLAB
Growing faster (revenue YoY)
ZLAB
ZLAB
+11.4% gap
ZLAB
17.1%
5.7%
BANR
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
13.0%
BANR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANR
BANR
ZLAB
ZLAB
Revenue
$169.3M
$127.1M
Net Profit
$54.7M
Gross Margin
51.0%
Operating Margin
-54.6%
Net Margin
32.3%
Revenue YoY
5.7%
17.1%
Net Profit YoY
21.2%
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
ZLAB
ZLAB
Q1 26
$169.3M
Q4 25
$152.4M
$127.1M
Q3 25
$150.0M
$115.4M
Q2 25
$144.4M
$109.1M
Q1 25
$141.1M
$105.7M
Q4 24
$140.5M
$108.5M
Q3 24
$135.7M
$101.8M
Q2 24
$132.5M
$100.1M
Net Profit
BANR
BANR
ZLAB
ZLAB
Q1 26
$54.7M
Q4 25
Q3 25
$53.5M
$-36.0M
Q2 25
$45.5M
$-40.7M
Q1 25
$45.1M
$-48.4M
Q4 24
Q3 24
$45.2M
$-41.7M
Q2 24
$39.8M
$-80.3M
Gross Margin
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
51.0%
Q3 25
59.5%
Q2 25
60.6%
Q1 25
63.6%
Q4 24
61.5%
Q3 24
64.1%
Q2 24
64.9%
Operating Margin
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
10.0%
-54.6%
Q3 25
13.8%
-42.3%
Q2 25
12.3%
-50.3%
Q1 25
13.5%
-53.3%
Q4 24
14.3%
-62.6%
Q3 24
13.3%
-66.6%
Q2 24
13.0%
-76.0%
Net Margin
BANR
BANR
ZLAB
ZLAB
Q1 26
32.3%
Q4 25
Q3 25
35.7%
-31.2%
Q2 25
31.5%
-37.3%
Q1 25
32.0%
-45.8%
Q4 24
Q3 24
33.3%
-40.9%
Q2 24
30.0%
-80.2%
EPS (diluted)
BANR
BANR
ZLAB
ZLAB
Q1 26
$1.60
Q4 25
$1.49
$-0.05
Q3 25
$1.54
$-0.03
Q2 25
$1.31
$-0.04
Q1 25
$1.30
$-0.04
Q4 24
$1.34
$-0.09
Q3 24
$1.30
$-0.04
Q2 24
$1.15
$-0.08

Balance Sheet & Financial Strength

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

Metric
BANR
BANR
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$715.5M
Total Assets
$16.3B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
$422.6M
$689.6M
Q3 25
$672.9M
$717.2M
Q2 25
$483.3M
$732.2M
Q1 25
$441.9M
$757.3M
Q4 24
$501.9M
$779.7M
Q3 24
$478.8M
$616.1M
Q2 24
$247.5M
$630.0M
Stockholders' Equity
BANR
BANR
ZLAB
ZLAB
Q1 26
$2.0B
Q4 25
$1.9B
$715.5M
Q3 25
$1.9B
$759.9M
Q2 25
$1.9B
$791.7M
Q1 25
$1.8B
$810.8M
Q4 24
$1.8B
$840.9M
Q3 24
$1.8B
$667.7M
Q2 24
$1.7B
$704.2M
Total Assets
BANR
BANR
ZLAB
ZLAB
Q1 26
$16.3B
Q4 25
$16.4B
$1.2B
Q3 25
$16.6B
$1.2B
Q2 25
$16.4B
$1.2B
Q1 25
$16.2B
$1.2B
Q4 24
$16.2B
$1.2B
Q3 24
$16.2B
$985.3M
Q2 24
$15.8B
$987.4M

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
ZLAB
ZLAB
Operating Cash FlowLast quarter
$-26.0M
Free Cash FlowOCF − Capex
$-26.7M
FCF MarginFCF / Revenue
-21.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
$257.5M
$-26.0M
Q3 25
$120.4M
$-32.0M
Q2 25
$54.9M
$-31.0M
Q1 25
$57.2M
$-61.7M
Q4 24
$293.2M
$-55.8M
Q3 24
$63.8M
$-26.8M
Q2 24
$78.7M
$-42.2M
Free Cash Flow
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
$247.9M
$-26.7M
Q3 25
$118.7M
$-35.0M
Q2 25
$52.1M
$-33.9M
Q1 25
$55.6M
$-63.2M
Q4 24
$279.4M
$-58.4M
Q3 24
$60.4M
$-28.2M
Q2 24
$74.3M
$-42.9M
FCF Margin
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
162.6%
-21.0%
Q3 25
79.1%
-30.4%
Q2 25
36.1%
-31.1%
Q1 25
39.4%
-59.9%
Q4 24
198.8%
-53.8%
Q3 24
44.5%
-27.7%
Q2 24
56.0%
-42.9%
Capex Intensity
BANR
BANR
ZLAB
ZLAB
Q1 26
Q4 25
6.2%
0.5%
Q3 25
1.2%
2.6%
Q2 25
1.9%
2.6%
Q1 25
1.2%
1.5%
Q4 24
9.8%
2.4%
Q3 24
2.5%
1.3%
Q2 24
3.3%
0.7%
Cash Conversion
BANR
BANR
ZLAB
ZLAB
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.

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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