Core Insights - Sierra Bancorp reported revenue of $38.58 million for Q3 2024, a year-over-year increase of 7.6% and a surprise of +0.73% over the Zacks Consensus Estimate of $38.3 million [1] - The EPS for the quarter was $0.74, compared to $0.68 a year ago, with an EPS surprise of +1.37% against the consensus estimate of $0.73 [1] Financial Performance Metrics - Net Interest Margin stood at 3.7%, matching the average estimate from three analysts [1] - Efficiency ratio (tax-equivalent) was 58.4%, slightly better than the average estimate of 59.2% [1] - Total Non-performing loans were reported at $10.35 million, exceeding the average estimate of $6.99 million from two analysts [1] - Net Charge-Offs as a percentage of Average Loans was 0%, better than the estimated 0.2% [1] - Average Interest-Earning Assets totaled $3.39 billion, aligning with the average estimate from two analysts [1] - Total Nonperforming Assets were also $10.35 million, above the average estimate of $6.99 million [1] - Total non-interest income reached $7.79 million, slightly above the average estimate of $7.69 million [1] - Net Interest Income was reported at $30.79 million, compared to the average estimate of $30.96 million [1] Stock Performance - Shares of Sierra Bancorp have returned -8.7% over the past month, contrasting with the Zacks S&P 500 composite's +2.8% change [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]

Sierra Bancorp (BSRR) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.37%. A quarter ago, it was expected that this parent company of Bank of the Sierra would post earnings of $0.61 per share when it actually produced earnings of $0.71, delivering a surprise of 16.39%.Over the last ...

Exhibit 99.1 Date: October 21, 2024 Contact: Kevin McPhaill, President/CEO Phone: (559) 782-4900 or (888) 454-BANK Website Address: www.sierrabancorp.com FOR IMMEDIATE RELEASE SIERRA BANCORP REPORTS IMPROVED FINANCIAL RESULTS FOR THIRD QUARTER AND FIRST NINE MONTHS OF 2024 PORTERVILLE, CALIF. – (BUSINESS WIRE) – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the three- and nine-month periods ended September 30, 2024. Sierra Bancorp reported c ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Sierra Bancorp (BSRR) . This company, which is in the Zacks Banks - West industry, shows potential for another earnings beat. This parent company of Bank of the Sierra has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the pas ...

It seems to be a wise idea to add the Sierra Bancorp (BSRR) stock to your portfolio now. Supported by decent loan growth and higher interest rates, the company is well-poised for top-line improvement. Also, its robust balance sheet helps sustain efficient capital distribution activities. Analysts seem optimistic regarding BSRR's earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for its 2024 earnings has been revised 12.7% upward. Thus, the company currently sports a Zacks Rank # ...

Table of Contents 0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 Commission file number: 000-33063 SIERRA BANCORP (Exact name of Registrant as specified in its charter) California 33-0937517 (State of Incorporation) (IRS Employer Identification No) 86 North Main Street, Porterville, California 93257 (Address of principal executive offices) ...

Current-Quarter Estimate Revisions In terms of estimate revisions, the trend for the current year also appears quite encouraging for Sierra Bancorp. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 5.41%. Sierra Bancorp shares have added 43.5% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earning ...

For the quarter ended June 2024, Sierra Bancorp (BSRR) reported revenue of $37.8 million, up 4.1% over the same period last year. EPS came in at $0.71, compared to $0.67 in the year-ago quarter. The reported revenue represents a surprise of +4.13% over the Zacks Consensus Estimate of $36.3 million. With the consensus EPS estimate being $0.61, the EPS surprise was +16.39%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

This quarterly report represents an earnings surprise of 16.39%. A quarter ago, it was expected that this parent company of Bank of the Sierra would post earnings of $0.56 per share when it actually produced earnings of $0.64, delivering a surprise of 14.29%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Sierra Bancorp shares have added about 17.3% since th ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Highlights for the second quarter of 2024: ● Improved Earnings o Diluted Earnings per Share increased 11%, or $0.07, from the prior linked quarter. o Increased Return on Average Assets to 1.14%, from 1.06%, in the prior linked quarter. o Higher Return on Average Equity of 11.95%, compared to 11.09%, in the prior linked quarter. o Improved net interest income by $1.5 million, or 5%, as compared to the prior linked quarter. o Net interest margin grew by 7 basis points from t ...