Core Viewpoint - Three stocks with strong momentum and buy rank are highlighted for investors: Taiwan Semiconductor Manufacturing Company Limited, Sierra Bancorp, and PCB Bancorp [1][2][3] Group 1: Taiwan Semiconductor Manufacturing Company Limited (TSM) - TSM has a Zacks Rank of 1 and a 15.5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - TSM's shares gained 14.4% over the past three months, outperforming the S&P 500's 1.7% increase [2] - TSM possesses a Momentum Score of A [2] Group 2: Sierra Bancorp (BSRR) - BSRR has a Zacks Rank of 1 and a 2.7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - BSRR's shares gained 23.4% over the last three months, significantly outperforming the S&P 500's 1.7% increase [3] - BSRR possesses a Momentum Score of A [3] Group 3: PCB Bancorp (PCB) - PCB has a Zacks Rank of 1 and a 2.2% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - PCB's shares gained 6.9% over the last three months, also outperforming the S&P 500's 1.7% increase [3] - PCB possesses a Momentum Score of A [3]

Core Viewpoint - Sierra Bancorp (NASDAQ:BSRR) has shown strong financial performance, with a new price target set by D.A. Davidson indicating a potential upside of 16.28% from its current trading price. Financial Performance - The company reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.85 by 14.79%, and showing an improvement from $0.72 per share in the same quarter last year [2]. - Sierra Bancorp's quarterly revenue was $39.29 million, slightly below the Zacks Consensus Estimate by 1.69%, but an increase from $37.87 million reported in the same period last year [3]. Stock Performance - Currently, BSRR is trading at $37.82, reflecting a 1.86% increase or $0.69, with fluctuations between $37 and $38.46 today [4]. - The stock has a market capitalization of approximately $509.9 million and a trading volume of 35,938 shares, indicating its significance in the industry [4].

Core Insights - Sierra Bancorp reported an earnings per share (EPS) of $0.97, exceeding the Zacks Consensus Estimate of $0.85, and showing a significant improvement from the previous year's EPS of $0.72, with a quarterly earnings surprise of +14.79% [2][6] - The company's revenue for the quarter ending December 2025 was $39.29 million, slightly below the estimated $39.46 million but an increase from $37.87 million reported a year ago, demonstrating consistent revenue growth [3][6] - Sierra Bancorp has a price-to-earnings (P/E) ratio of approximately 12.68, indicating how the market values its earnings [4][6] Financial Metrics - The earnings yield for Sierra Bancorp is about 7.89%, reflecting the return on investment for shareholders [5] - The debt-to-equity ratio stands at approximately 1.03, indicating the proportion of debt used to finance the company's assets relative to shareholders' equity [5] - The current ratio is around 0.22, suggesting the company's ability to cover its short-term liabilities with its short-term assets [5]

Market Overview - The U.S. markets started 2026 with a decent performance despite concerns over labor markets, inflation, geopolitical tensions, and trade policies [1] - Strong fourth-quarter results and a patient Federal Reserve provided support to investor sentiment [1] Banking Sector Performance - The KBW Nasdaq Regional Banking Index increased by 6.5% in January, indicating a positive trend in the banking sector [2] - Investors are encouraged to focus on fundamentally solid banks that offer attractive dividend yields, which can provide stability and income [2] Dividend Increases - Five banks announced dividend hikes in January, with increases ranging from 4% to 16.7%, reflecting sustained profitability and capital strength [8] - The banks that raised dividends include Hancock Whitney Corporation, Hilltop Holdings, Tompkins Financial, OFG Bancorp, and Sierra Bancorp, all of which have robust business models [3][8] Hancock Whitney Corporation (HWC) - HWC announced a quarterly cash dividend of $0.50 per share, an increase of 11.1% from the previous payout, with a dividend yield of 2.62% and a payout ratio of 31% [5] - The company has a market cap of $5.75 billion and is expected to see a 5.4% rise in sales and a 5.8% growth in earnings for 2026 [9] Hilltop Holdings (HTH) - HTH declared a quarterly cash dividend of $0.20 per share, marking an 11% increase from the prior payout, with a dividend yield of 1.92% and a payout ratio of 27% [10][11] - The company has a market cap of $2.3 billion and has seen a stock rally of 9.5% over the past month [13] Tompkins Financial (TMP) - TMP announced a quarterly cash dividend of $0.67 per share, an 8.1% increase from the previous year, with a dividend yield of 3.25% and a payout ratio of 41% [14] - The company has a market cap of $1.16 billion and is projected to have a 16.5% rise in earnings for 2026 [22] OFG Bancorp - OFG declared a quarterly cash dividend of $0.35 per share, a 16.7% increase from the prior payout, with a dividend yield of 2.98% and a payout ratio of 26% [18] - The company has a market cap of $1.8 billion and has increased its dividend eight times in the past five years [18] Sierra Bancorp (BSRR) - BSRR announced a quarterly cash dividend of $0.26 per share, a 4% increase from the previous payout, with a dividend yield of 2.82% and a payout ratio of 35% [23] - The company has a market cap of $470.9 million and is expected to see a 3.4% rise in sales and a 6.4% increase in earnings for 2025 [26]

分组1 - Sierra Bancorp reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.85 per share, and up from $0.72 per share a year ago, representing an earnings surprise of +14.79% [1] - The company posted revenues of $39.29 million for the quarter ended December 2025, which missed the Zacks Consensus Estimate by 1.69%, compared to year-ago revenues of $37.87 million [2] - Over the last four quarters, Sierra Bancorp has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - Sierra Bancorp shares have increased by approximately 8.4% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] - The current consensus EPS estimate for the coming quarter is $0.79 on revenues of $39.4 million, and for the current fiscal year, it is $3.40 on revenues of $161.03 million [7] - The Zacks Industry Rank for Banks - West is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Financial Performance - Sierra Bancorp reported record quarterly net income of $12.9 million, or $0.97 per diluted share, representing a 24% increase from $10.4 million, or $0.72 per diluted share, in Q4 2024[5]. - For the full year 2025, net income was $42.3 million, or $3.11 per diluted share, a 4% increase from $40.6 million, or $2.82 per diluted share, in 2024[7]. - Net income for the year ended December 31, 2025, was $42,327 thousand, compared to $40,560 thousand in 2024, marking a growth of 4.36%[56]. - Net income for the three months ended December 31, 2025, was $12.894 million, up from $9.699 million in the previous quarter, representing a 32.6% increase[61]. Asset Growth - Total assets grew to $3.83 billion, a 6% increase from $3.61 billion at the end of 2024[5]. - Total assets increased to $3,829,279 thousand as of December 31, 2025, up from $3,614,271 thousand a year earlier, representing a growth of 5.95%[53]. - Total assets as of December 31, 2025, were $3,691,951,000, a slight increase from $3,658,132,000 on December 31, 2024[63]. Loan Performance - Loans at amortized cost increased by $215.4 million, or 9%, to $2.5 billion for the full year 2025, driven by enhancements to the mortgage warehouse program[5]. - Gross loans at amortized cost increased by $215.4 million, with a strategic increase of $191.9 million in mortgage warehouse balances[35]. - Total loans increased to $2,469,067,000 for the quarter ended December 31, 2025, compared to $2,314,900,000 for the same quarter in 2024, reflecting a growth of 6.7%[63]. Credit Quality - Credit loss expense for the full year 2025 was $6.1 million, compared to $4.6 million in 2024, with a reversal of $0.8 million in Q4 2025[24]. - Nonperforming loans decreased to $13,231 thousand, down from $19,668 thousand a year ago, indicating a reduction of 32.93%[54]. - The ratio of nonperforming loans to gross loans improved to 0.52% at December 31, 2025, from 0.84% at December 31, 2024[42]. - The allowance for credit losses on loans was $21.5 million at December 31, 2025, down from $24.8 million at December 31, 2024, representing 0.84% of total loans[44]. Deposit Trends - The cost of average total deposits declined to 1.14% in Q4 2025, down from 1.46% in Q4 2024[5]. - Deposit balances declined by $15.2 million, or 0.5%, primarily due to a 13% decrease in customer time deposits[39]. - Total deposits were $2,876,436 thousand as of December 31, 2025, a slight decrease from $2,891,668 thousand a year earlier[53]. Operational Efficiency - The efficiency ratio improved to 57.69% in Q4 2025, compared to 59.74% in Q4 2024, showing enhanced operational efficiency[58]. - Noninterest income totaled $7.337 million for the three months ended December 31, 2025, down from $8.058 million in the previous quarter, a decrease of 8.9%[61]. - Noninterest expense was $23.018 million for the three months ended December 31, 2025, slightly down from $23.635 million in the previous quarter, a reduction of 2.6%[61]. Shareholder Returns - The company repurchased 1,024,792 shares of common stock throughout 2025, representing 7.2% of shares outstanding at the end of 2024[5]. - The quarterly dividend was increased by one cent to $0.26 per share, marking the 108th consecutive quarterly dividend[5]. - Basic earnings per share for Q4 2025 was $0.97, an increase from $0.73 in Q4 2024, representing a growth of 32.88%[57].

Sierra Bancorp Reports Record Quarterly Earnings and 2025 ResultsFeb 2, 2026 8:01 AM Eastern Standard Time# Sierra Bancorp Reports Record Quarterly Earnings and 2025 ResultsShare---PORTERVILLE, Calif.--([BUSINESS WIRE])--Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced unaudited financial results for the three-and twelve-month periods ended December 31, 2025. Sierra Bancorp reported consolidated net income in the fourth quarter of 2025 of $12.9 million, or $0.97 per diluted share ...

Core Viewpoint - Sierra Bancorp (BSRR) has declared a quarterly cash dividend of 26 cents per share, marking a 4% increase from the previous quarter's dividend [1] Financial Performance - The dividend increase of 1 cent per share was approved following the board's review of the company's financial performance for the quarter ended December 31, 2025 [1] Dividend Details - The new dividend will be paid on February 17 to shareholders of record as of February 9 [1]

The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties including but not limited to the health of the national and local economies, loan portfolio per ...

Financial Performance - Sierra Bancorp declared a regular quarterly cash dividend of $0.26 per share, marking a 4% increase from the previous quarter's dividend of $0.25 per share [1] - The dividend will be paid on February 17, 2026, to shareholders of record as of February 9, 2026 [1] - The company has paid regular cash dividends every year since 1987, with the current announcement representing the 108th consecutive quarterly cash dividend [1] Company Overview - Sierra Bancorp is the parent company of Bank of the Sierra, which is one of the largest independent banks in the South San Joaquin Valley [2] - Bank of the Sierra offers a wide range of retail and commercial banking services through full-service branches in several counties, including Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, and Santa Barbara [2] - In 2025, Bank of the Sierra was recognized as one of the strongest community banks in the country, receiving a 5-star rating from Bauer Financial [2]