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banner (n.)

c. 1200, "piece of cloth attached to the upper end of a pole or staff," from Old French baniere "flag, banner, standard" (12c., Modern French bannière), from Late Latin bandum "standard," borrowed from Frankish or another West Germanic source, from Proto-Germanic *bandwa- "identifying sign, banner, standard," also "company under a banner" (source also of Gothic bandwa "a sign"), from suffixed form of PIE root *bha- (1) "to shine."

Formerly the standard of a king, lord, or knight, behind which his followers marched to war and to which they rallied in battle. Figurative sense of "anything displayed as a profession of principles" is from early 14c. Of newspaper headlines that stream across the top of the page, from 1913.

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Definitions of banner from WordNet
1
banner (n.)
long strip of cloth or paper used for decoration or advertising;
Synonyms: streamer
banner (n.)
a newspaper headline that runs across the full page;
Synonyms: streamer
banner (n.)
any distinctive flag;
Synonyms: standard
2
banner (adj.)
unusually good; outstanding;
a banner year for the company
From wordnet.princeton.edu