Sierra Bancorp Past Earnings Performance

Past criteria checks 3/6

Sierra Bancorp has been growing earnings at an average annual rate of 0.2%, while the Banks industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 4.2% per year. Sierra Bancorp's return on equity is 10.2%, and it has net margins of 25.1%.

Key information

0.2%

Earnings growth rate

1.1%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	4.2%
Return on equity	10.2%
Net Margin	25.1%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Sierra Bancorp's (NASDAQ:BSRR) Upcoming Dividend Will Be Larger Than Last Year's

Jul 19

Shareholders Will Probably Hold Off On Increasing Sierra Bancorp's (NASDAQ:BSRR) CEO Compensation For The Time Being

May 20

Sierra Bancorp (NASDAQ:BSRR) Has Got What It Takes To Be An Attractive Dividend Stock

Mar 30

What Kind Of Shareholders Hold The Majority In Sierra Bancorp's (NASDAQ:BSRR) Shares?

Feb 23

Did You Participate In Any Of Sierra Bancorp's (NASDAQ:BSRR) Respectable 73% Return?

Jan 19

How Much Does Sierra Bancorp's (NASDAQ:BSRR) CEO Make?

Dec 15

Is Sierra Bancorp (NASDAQ:BSRR) A Smart Pick For Income Investors?

Nov 19

Revenue & Expenses Breakdown

How Sierra Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:BSRR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	142	36	65
31 Mar 24	142	35	64
31 Dec 23	139	35	63
30 Sep 23	137	36	61
30 Jun 23	136	36	60
31 Mar 23	134	35	60
31 Dec 22	130	34	58
30 Sep 22	134	36	57
30 Jun 22	135	37	56
31 Mar 22	136	39	54
31 Dec 21	141	43	54
30 Sep 21	139	42	55
30 Jun 21	137	42	54
31 Mar 21	129	39	53
31 Dec 20	122	35	52
30 Sep 20	120	36	50
30 Jun 20	116	34	49
31 Mar 20	117	35	49
31 Dec 19	118	36	48
30 Sep 19	116	35	49
30 Jun 19	114	33	49
31 Mar 19	112	32	49
31 Dec 18	110	30	49
30 Sep 18	111	26	49
30 Jun 18	108	24	47
31 Mar 18	103	22	45
31 Dec 17	99	20	44
30 Sep 17	92	21	41
30 Jun 17	89	19	40
31 Mar 17	86	18	39
31 Dec 16	84	18	38
30 Sep 16	82	17	36
30 Jun 16	79	18	35
31 Mar 16	79	18	34
31 Dec 15	78	18	34
30 Sep 15	76	16	34
30 Jun 15	74	15	34
31 Mar 15	71	15	32
31 Dec 14	68	15	32
30 Sep 14	65	15	31
30 Jun 14	64	15	30
31 Mar 14	63	15	30
31 Dec 13	61	13	30

Quality Earnings: BSRR has high quality earnings.

Growing Profit Margin: BSRR's current net profit margins (25.1%) are lower than last year (26.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BSRR's earnings have grown by 0.2% per year over the past 5 years.

Accelerating Growth: BSRR's earnings growth over the past year (0.1%) is below its 5-year average (0.2% per year).

Earnings vs Industry: BSRR earnings growth over the past year (0.1%) exceeded the Banks industry -15.6%.

Sierra Bancorp Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Sierra Bancorp Reports Unaudited Net Charge Offs for the Second Quarter Ended June 30, 2024

Sierra Bancorp Announces Net Charge Offs for the Quarter Ended March 31, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Sierra Bancorp: Still Interesting Despite The Run-Up

Executive VP & Chief Banking Officer notifies of intention to sell stock

Independent Chairman of the Board recently sold US$992k worth of stock

Consensus EPS estimates increase by 12%

Independent Chairman of the Board notifies of intention to sell stock

Price target increased by 30% to US$29.63

Sierra Bancorp (NASDAQ:BSRR) Is Paying Out A Larger Dividend Than Last Year

Sierra Bancorp Reports Unaudited Net Charge Offs for the Second Quarter Ended June 30, 2024

First quarter dividend increased to US$0.24

Sierra Bancorp Announces Quarterly Cash Dividend, Payable on August 15, 2024

Investor sentiment improves as stock rises 16%

Sierra Bancorp Announces Net Charge Offs for the Quarter Ended March 31, 2024

Sierra Bancorp Declares Regular Quarterly Cash Dividend for the Quarter Ended March 31, 2024, Payable on May 13, 2024

Sierra Bancorp, Annual General Meeting, May 22, 2024

Sierra Bancorp announced delayed annual 10-K filing

Sierra Bancorp announced delayed annual 10-K filing

Full year 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.23 per share at 4.2% yield

Sierra Bancorp Declares a Regular Quarterly Cash Dividend for the Quarter Ended December 31, 2023, Payable on February 12, 2024

Price target increased by 7.9% to US$24.00

New major risk - Revenue and earnings growth

Sierra Bancorp (NASDAQ:BSRR) Is Paying Out A Dividend Of $0.23

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Sierra Bancorp Declares Quarterly Cash Dividend, Payable on November 14, 2023

Sierra Bancorp and Bank of the Sierra Announces Executive Changes

Price target increased by 18% to US$22.70

Sierra Bancorp (NASDAQ:BSRR) Has Affirmed Its Dividend Of $0.23

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Sierra Bancorp Declares Cash Dividend for the Quarter Ended June 30, 2023, Payable on August 14, 2023

New major risk - Revenue and earnings growth

Price target decreased by 9.5% to US$18.90

Sierra Bancorp (NASDAQ:BSRR) Is Paying Out A Dividend Of $0.23

Price target decreased by 7.2% to US$22.00

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sierra Bancorp Reports Unaudited Net Charge Offs for Fourth Quarter Ended December 31, 2022

Sierra Bancorp's (NASDAQ:BSRR) Dividend Will Be $0.23

Sierra Bancorp Declares Quarterly Cash Dividend, Payable on February 13, 2023

Independent Vice Chairman of the Board exercised options and sold US$60k worth of stock

Independent Director exercised options to buy US$109k worth of stock.

Third quarter 2022 earnings: EPS misses analyst expectations

Sierra Bancorp Declares Quarterly Cash Dividend, Payable November 14, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sierra Bancorp Declares Quarterly Cash Dividend, Payable on August 15, 2022

Sierra Bancorp declares $0.23 dividend

Sierra Bancorp Announces Board Appointments

Independent Director exercised options to buy US$108k worth of stock.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Sierra Bancorp Announces Net Charge Off for the First Quarter Ended March 31, 2022

Sierra Bancorp Declares Quarterly Cash Dividend, Payable on May 12, 2022

Sierra Bancorp, Annual General Meeting, May 25, 2022

Full year 2021 earnings: EPS misses analyst expectations

Full year 2021 earnings: EPS misses analyst expectations

Sierra Bancorp (NASDAQ:BSRR) Is Increasing Its Dividend To US$0.23

Third quarter 2021 earnings released: EPS US$0.69 (vs US$0.68 in 3Q 2020)

Sierra Bancorp announced that it has received $50 million in funding

Executive VP & Chief Risk Officer Matthew Macia has left the company

Independent Director Robb Evans has left the company

Sierra Bancorp: Long Runway For Growth With An Attractive Entry Point

Second quarter 2021 earnings released: EPS US$0.77 (vs US$0.55 in 2Q 2020)

Upcoming dividend of US$0.22 per share

Sierra Bancorp's (NASDAQ:BSRR) Upcoming Dividend Will Be Larger Than Last Year's

Shareholders Will Probably Hold Off On Increasing Sierra Bancorp's (NASDAQ:BSRR) CEO Compensation For The Time Being

First quarter 2021 earnings released: EPS US$0.73 (vs US$0.51 in 1Q 2020)

Sierra Bancorp Declares Regular Quarterly Cash Dividend, Payable on May 12, 2021

First quarter 2021 earnings released: EPS US$0.73 (vs US$0.51 in 1Q 2020)

Sierra Bancorp Reports Net Charge Offs for the First Quarter Ended March 31, 2021

Sierra Bancorp (NASDAQ:BSRR) Has Got What It Takes To Be An Attractive Dividend Stock

Full year 2020 earnings released: EPS US$2.33 (vs US$2.35 in FY 2019)