Sierra Bancorp(BSRR) - 2024 Q2 - Quarterly Results
Sierra Bancorp(BSRR)2024-07-22 13:01
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 ...