diff --git a/vendor/magento/module-banner/Model/Banner/Data.php b/vendor/magento/module-banner/Model/Banner/Data.php
index 271fb8d5bef..c8e874fb6eb 100644
--- a/vendor/magento/module-banner/Model/Banner/Data.php
+++ b/vendor/magento/module-banner/Model/Banner/Data.php
@@ -6,9 +6,18 @@

 namespace Magento\Banner\Model\Banner;

-use Magento\Customer\CustomerData\SectionSourceInterface;
 use Magento\Banner\Model\Config;
+use Magento\Banner\Model\ResourceModel\Banner;
+use Magento\Banner\Model\ResourceModel\BannersByStore;
+use Magento\CatalogRule\Model\ResourceModel\Rule;
+use Magento\Checkout\Model\Session;
+use Magento\Cms\Model\Template\FilterProvider;
+use Magento\Customer\CustomerData\SectionSourceInterface;
+use Magento\Framework\App\Http\Context;
+use Magento\Framework\App\ObjectManager;
+use Magento\Framework\Exception\NoSuchEntityException;
 use Magento\Framework\Stdlib\DateTime\TimezoneInterface;
+use Magento\Store\Model\StoreManagerInterface;

 /**
  * Banner section.
@@ -37,8 +46,6 @@ class Data implements SectionSourceInterface
     protected $banner;

     /**
-     * Store manager
-     *
      * @var \Magento\Store\Model\StoreManagerInterface
      */
     protected $storeManager;
@@ -89,15 +96,23 @@ class Data implements SectionSourceInterface
     private $data;

     /**
-     * @param \Magento\Checkout\Model\Session $checkoutSession
-     * @param \Magento\Banner\Model\ResourceModel\Banner $bannerResource
+     * @var BannersByStore
+     */
+    private BannersByStore $bannersByStore;
+
+    /**
+     * @param Session $checkoutSession
+     * @param Banner $bannerResource
      * @param \Magento\Banner\Model\Banner $banner
-     * @param \Magento\Store\Model\StoreManagerInterface $storeManager
-     * @param \Magento\Framework\App\Http\Context $httpContext
-     * @param \Magento\Cms\Model\Template\FilterProvider $filterProvider
-     * @param \Magento\CatalogRule\Model\ResourceModel\Rule $catalogRule
+     * @param StoreManagerInterface $storeManager
+     * @param Context $httpContext
+     * @param FilterProvider $filterProvider
+     * @param Rule $catalogRule
      * @param TimezoneInterface $dateTime
      * @param array $data
+     * @param BannersByStore|null $bannersByStore
+     * @throws NoSuchEntityException
+     * @SuppressWarnings(PHPMD.ExcessiveParameterList)
      */
     public function __construct(
         \Magento\Checkout\Model\Session $checkoutSession,
@@ -108,7 +123,8 @@ class Data implements SectionSourceInterface
         \Magento\Cms\Model\Template\FilterProvider $filterProvider,
         \Magento\CatalogRule\Model\ResourceModel\Rule $catalogRule,
         TimezoneInterface $dateTime,
-        array $data = []
+        array $data = [],
+        BannersByStore $bannersByStore = null
     ) {
         $this->checkoutSession = $checkoutSession;
         $this->bannerResource = $bannerResource;
@@ -120,6 +136,7 @@ class Data implements SectionSourceInterface
         $this->catalogRule = $catalogRule;
         $this->dateTime = $dateTime;
         $this->data = $data;
+        $this->bannersByStore = $bannersByStore ?? ObjectManager::getInstance()->get(BannersByStore::class);
     }

     /**
@@ -296,7 +313,7 @@ class Data implements SectionSourceInterface
             $productId
         );

-        $ruleIds = count($result) ? array_column($result, 'rule_id'): [];
+        $ruleIds = count($result) ? array_column($result, 'rule_id') : [];

         return $ruleIds ? $this->getCatalogRuleRelatedBannerIds($ruleIds) : [];
     }
@@ -311,21 +328,20 @@ class Data implements SectionSourceInterface
     protected function getBannersData($bannersIds)
     {
         $banners = [];
-        foreach ($bannersIds as $bannerId) {
-            if (!isset($this->banners[$bannerId])) {
-                $content = $this->bannerResource->getStoreContent($bannerId, $this->storeId);
-                if (!empty($content)) {
-                    $this->banners[$bannerId] = [
-                        'content' => $this->filterProvider->getPageFilter()->filter($content),
-                        'types' => $this->banner->load($bannerId)->getTypes(),
-                        'id' => $bannerId,
-                    ];
-                } else {
-                    $this->banners[$bannerId] = null;
-                }
+
+        $notLoadedBannersIds = array_diff($bannersIds, array_keys($this->banners));
+        $loadedBannerIds = array_intersect($bannersIds, array_keys($this->banners));
+        if (count($notLoadedBannersIds)) {
+            [$banners, $emptyContentBanners] = $this->bannersByStore->execute($notLoadedBannersIds, $this->storeId);
+            $this->banners += $emptyContentBanners;
+            $this->banners += $banners;
+        }
+        if (count($loadedBannerIds)) {
+            foreach ($loadedBannerIds as $loadedBannerId) {
+                $banners[$loadedBannerId] = $this->banners[$loadedBannerId];
             }
-            $banners[$bannerId] = $this->banners[$bannerId];
         }
+
         return array_filter($banners);
     }
 }
diff --git a/vendor/magento/module-banner/Model/ResourceModel/BannersByStore.php b/vendor/magento/module-banner/Model/ResourceModel/BannersByStore.php
new file mode 100644
index 00000000000..4f0bef656bb
--- /dev/null
+++ b/vendor/magento/module-banner/Model/ResourceModel/BannersByStore.php
@@ -0,0 +1,152 @@
+<?php
+/**
+ * Copyright © Magento, Inc. All rights reserved.
+ * See COPYING.txt for license details.
+ */
+declare(strict_types=1);
+
+namespace Magento\Banner\Model\ResourceModel;
+
+use Magento\Banner\Model\Config;
+use Magento\Cms\Model\Template\FilterProvider;
+use Magento\Framework\App\ResourceConnection;
+use Magento\Framework\DB\Adapter\AdapterInterface;
+use Magento\Framework\DB\Select;
+use Magento\Framework\Event\ManagerInterface;
+use Zend_Db_Select_Exception;
+
+/**
+ *  Class returns banners content based on provided store and banner ids
+ */
+class BannersByStore
+{
+    /**
+     * @var AdapterInterface
+     */
+    private AdapterInterface $connection;
+
+    /**
+     * @var FilterProvider
+     */
+    private FilterProvider $filterProvider;
+
+    /**
+     * @var ManagerInterface
+     */
+    private ManagerInterface $eventManager;
+
+    /**
+     * @param ResourceConnection $resource
+     * @param FilterProvider $filterProvider
+     * @param ManagerInterface $eventManager
+     */
+    public function __construct(
+        ResourceConnection $resource,
+        FilterProvider     $filterProvider,
+        ManagerInterface   $eventManager
+    ) {
+        $this->connection = $resource->getConnection();
+        $this->filterProvider = $filterProvider;
+        $this->eventManager = $eventManager;
+    }
+
+    /**
+     * Return types as array
+     *
+     * @param string|array|null $types
+     * @return array
+     */
+    private function getTypes(string|array|null $types): array
+    {
+        if (is_array($types)) {
+            return $types;
+        }
+
+        return empty($types) ? [] : explode(',', $types);
+    }
+
+    /**
+     * Get select for banner content by store
+     *
+     * @param array $bannerIds
+     * @param int $storeId
+     * @return Select
+     */
+    private function getSelect(array $bannerIds, int $storeId): Select
+    {
+        $select = $this->connection->select()->from(
+            ['main_table' => $this->connection->getTableName('magento_banner_content')],
+            ['banner_id as id',  'main_table.banner_content as content']
+        )->where(
+            'main_table.banner_id IN (?)',
+            $bannerIds,
+            \Zend_Db::INT_TYPE
+        )->where(
+            'main_table.store_id = ' . $storeId
+        );
+        $select->joinInner(
+            ['banner' => $this->connection->getTableName('magento_banner')],
+            'main_table.banner_id = ' . 'banner.banner_id',
+            ['types']
+        );
+
+        $this->eventManager->dispatch(
+            'magento_banner_resource_banner_content_select_init',
+            ['select' => $select, 'banner_id' => $bannerIds]
+        );
+
+        return $select;
+    }
+
+    /**
+     * Get banners contents by specific store id
+     *
+     * @param array $bannerIds
+     * @param int $storeId
+     * @return array
+     * @throws Zend_Db_Select_Exception
+     */
+    private function getBannerContentsByStore(array $bannerIds, int $storeId): array
+    {
+        $defaultStoreSelect = $this->getSelect($bannerIds, 0);
+        $storeSelect = $this->getSelect($bannerIds, $storeId);
+        $select = $this->connection->select()->union([$defaultStoreSelect, $storeSelect]);
+        return $this->connection->fetchAll($select);
+    }
+
+    /**
+     * Return formatted content and types
+     *
+     * @param array $banners
+     * @return array
+     * @throws \Exception
+     */
+    private function getBannersFormattedContent(array $banners): array
+    {
+        $formattedBanners = $emptyContentBanners = [];
+        foreach ($banners as $banner) {
+            $banner['types'] = $this->getTypes($banner['types']);
+            if (!empty($banner['content'])) {
+                $banner['content'] = $this->filterProvider->getPageFilter()->filter($banner['content']);
+            } else {
+                $emptyContentBanners[$banner['id']] = null;
+            }
+            $formattedBanners[$banner['id']] = $banner;
+        }
+        return [$formattedBanners, $emptyContentBanners];
+    }
+
+    /**
+     * Get banners by store
+     *
+     * @param array $bannerIds
+     * @param int $storeId
+     * @return array
+     * @throws \Exception
+     */
+    public function execute(array $bannerIds, int $storeId): array
+    {
+        $banners = $this->getBannerContentsByStore($bannerIds, $storeId);
+        return $this->getBannersFormattedContent($banners);
+    }
+}