BANR
Banner Corporation
BANR's fundamentals are mixed: revenue grew 7.3%, but its operating margin fell 2 points to 11%. At 12x earnings, it's trading in line with its usual 11x. Analysts expect earnings growth.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
BANR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
BANR's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like BANR.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
BANR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.2x | $54.32 | -21% |
| Fair | 11x | $66.72 | -3.5% |
| Forward | 11x | $69.14 | — |
| Current | 12x | $69.14 | — |
| Expensive | 13x | $76.87 | +11% |
Historical ranges are pointers, not guarantees.
BANR's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
BANR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for BANR, with profitability holding steady.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over BANR on the outlook, with more favorable profitability expectations.
BANR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.37 | +8.4% |
| Q3 2026 | $5.88 | +7.1% |
| Q2 2026 | $6.06 | +15% |
| Q1 2026 | $5.94 | +17% |
| Q4 2025 | $5.64 | +16% |
| Q3 2025 | $5.49 | +15% |
| Q2 2025 | $5.25 | +9.1% |
| Q1 2025 | $5.09 | +5.8% |
| Q4 2024 | $4.88 | -8.4% |
BANR has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.
BANR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $161.9M | +7.9% |
| Q2 2026 | $153.7M | +6.5% |
| Q1 2026 | $150.2M | +6.4% |
| Q4 2025 | $152.4M | +8.5% |
| Q3 2025 | $150M | +11% |
| Q2 2025 | $144.4M | +8.9% |
| Q1 2025 | $141.1M | +6.1% |
| Q4 2024 | $140.5M | +1.5% |
BANR has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.5% | -4.3 points |
| Q2 2026 | 12% | -0.4 points |
| Q1 2026 | 13% | -0.8 points |
| Q4 2025 | 10% | -4.3 points |
| Q3 2025 | 14% | +0.5 points |
| Q2 2025 | 12% | -0.7 points |
| Q1 2025 | 14% | +4.8 points |
| Q4 2024 | 14% | +4.1 points |
BANR has the edge over CIFR on profitability, with a higher operating margin.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
CIFR's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
BANR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $72.8M | -39% |
| Q2 2026 | $35.5M | -32% |
| Q1 2026 | $109.4M | +97% |
| Q4 2025 | $21.6M | -77% |
| Q3 2025 | $118.7M | +96% |
| Q2 2025 | $52.1M | -30% |
| Q1 2025 | $55.6M | +13% |
| Q4 2024 | $95.5M | +48% |
BANR has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.
BANR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.6% | +898K shares |
| 1 year | +1.1% | +367K shares |
| 3 years | +1.7% | +597K shares |
| 5 years | +1% | +357K shares |
| Available history | +0.2% | +59.1K shares |
BANR has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $14.2M |
| Q2 2026 | — |
| Q1 2026 | $16.1M |
| Q4 2025 | $15.8M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
BANR spent $46M buying back its own shares over the past year.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
BANR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -3.6x | Net Cash |
| Q1 2026 | -3.6x | Net Cash |
| Q4 2025 | -1.8x | Net Cash |
| Q3 2025 | -5.7x | Net Cash |
| Q2 2025 | -3.9x | Net Cash |
| Q1 2025 | -2.4x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
BANR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BANR.
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
BANR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.2 | Neutral |
| Stochastic | 42.4 | Neutral |
BANR's weekly RSI is 52 (neutral) and its Stochastic is 42 (neutral).
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
BANR PE vs Financial Services Sector
| Metric | BANR | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 9.7% below |
| PE % | 63 | 63 | Same percentile |
BANR is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
BANR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.7 | 0.6% above |
| 20 week MA | $69.8 | 0.9% below |
| 50 week MA | $66.1 | 4.6% above |
| 100 week MA | $65.3 | 6% above |
| 200 week MA | $58.5 | 18% above |
BANR has the edge over CIFR on trend strength, trading above more of its moving averages.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
BANR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $56.3 | $45.6 | -19% |
| 2021 | $45.6 | $61.1 | +34% |
| 2022 | $61.1 | $63.0 | +3.1% |
| 2023 | $63.0 | $53.6 | -15% |
| 2024 | $53.6 | $66.9 | +25% |
| 2025 | $66.9 | $64.6 | -3.4% |
| 2026 YTD | $64.6 | $69.1 | +7% |
BANR has the edge over CIFR on returns for 2026, with the stronger performance.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.