Sierra Bancorp (BSRR) Reports Q4 Earnings: What Key Metrics Have to Say

Core Viewpoint - Sierra Bancorp reported a revenue of $37.87 million for the quarter ended December 2024, marking a year-over-year increase of 5.4% and an EPS of $0.72 compared to $0.43 a year ago, although it fell short of the Zacks Consensus Estimate of $38.75 million by -2.28% [1] Financial Performance Metrics - Net Interest Margin was reported at 3.7%, slightly above the estimated 3.6% by analysts [4] - The Efficiency Ratio (tax-equivalent) was 59.7%, compared to the estimated 59.2% [4] - Total Non-performing Loans amounted to $19.67 million, significantly higher than the average estimate of $11.18 million [4] - Net Charge-Offs as a percentage of Average Loans were reported at 0%, better than the estimated 0.2% [4] - Average Interest-Earning Assets were $3.35 billion, below the estimated $3.46 billion [4] - Total Nonperforming Assets were $19.67 million, again exceeding the average estimate of $11.18 million [4] - Total Non-interest Income was $7.51 million, slightly below the average estimate of $7.68 million [4] - Net Interest Income was reported at $30.35 million, lower than the estimated $31.10 million [4] Stock Performance - Shares of Sierra Bancorp have returned +2.5% over the past month, outperforming the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]