BSRR Stock Overview
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California.
No risks detected for BSRR from our risk checks.
Sierra Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$28.01|
|52 Week High||US$29.42|
|52 Week Low||US$21.48|
|1 Month Change||5.78%|
|3 Month Change||14.75%|
|1 Year Change||10.32%|
|3 Year Change||6.71%|
|5 Year Change||-0.50%|
|Change since IPO||1,007.11%|
Recent News & Updates
Sierra Bancorp: Long Runway For Growth With An Attractive Entry Point
Continuing to grow the lending portfolio will likely drive incremental profitability improvement. The expense base looks poised to support a larger balance sheet, which will likely drive addition operational leverage. Credit looks solid and has proven to be of little concern the past six years.
|BSRR||US Banks||US Market|
Return vs Industry: BSRR underperformed the US Banks industry which returned 32.9% over the past year.
Return vs Market: BSRR underperformed the US Market which returned 13.7% over the past year.
|BSRR Average Weekly Movement||3.4%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BSRR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BSRR's weekly volatility (3%) has been stable over the past year.
About the Company
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans.
Sierra Bancorp Fundamentals Summary
|BSRR fundamental statistics|
Is BSRR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSRR income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.77|
|Net Profit Margin||30.58%|
How did BSRR perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is Sierra Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSRR ($28.01) is trading below our estimate of fair value ($55.44)
Significantly Below Fair Value: BSRR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSRR is good value based on its PE Ratio (10.1x) compared to the US Banks industry average (11.3x).
PE vs Market: BSRR is good value based on its PE Ratio (10.1x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: BSRR is poor value based on its PEG Ratio (651.2x)
Price to Book Ratio
PB vs Industry: BSRR's PB Ratio (1.2x) is in line with the US Banks industry average.
How is Sierra Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSRR's forecast earnings growth (0.02% per year) is below the savings rate (2%).
Earnings vs Market: BSRR's earnings (0.02% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: BSRR's earnings are forecast to grow, but not significantly.
Revenue vs Market: BSRR's revenue (4.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BSRR's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSRR's Return on Equity is forecast to be low in 3 years time (10.9%).
How has Sierra Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSRR has high quality earnings.
Growing Profit Margin: BSRR's current net profit margins (30.6%) are higher than last year (29.8%).
Past Earnings Growth Analysis
Earnings Trend: BSRR's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: BSRR's earnings growth over the past year (18.5%) exceeds its 5-year average (18.1% per year).
Earnings vs Industry: BSRR earnings growth over the past year (18.5%) underperformed the Banks industry 43.7%.
Return on Equity
High ROE: BSRR's Return on Equity (11.6%) is considered low.
How is Sierra Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BSRR's Assets to Equity ratio (9.4x) is low.
Allowance for Bad Loans: BSRR has a sufficient allowance for bad loans (230%).
Low Risk Liabilities: 92% of BSRR's liabilities are made up of primarily low risk sources of funding.
Loan Level: BSRR has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: BSRR's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: BSRR has an appropriate level of bad loans (0.3%).
What is Sierra Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSRR's dividend (3.14%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: BSRR's dividend (3.14%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: BSRR's dividends per share have been stable in the past 10 years.
Growing Dividend: BSRR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.2%), BSRR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSRR's dividends in 3 years are forecast to be well covered by earnings (31.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin McPhaill (48 yo)
Mr. Kevin J. McPhaill has been President and Chief Executive Officer of Bank of the Sierra and of Sierra Bancorp since April 1, 2015 and their Director since January 1, 2015. He has been employed in the ba...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD1.74M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
Experienced Management: BSRR's management team is considered experienced (2 years average tenure).
Experienced Board: BSRR's board of directors are seasoned and experienced ( 10.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sierra Bancorp's employee growth, exchange listings and data sources
- Name: Sierra Bancorp
- Ticker: BSRR
- Exchange: NasdaqGS
- Founded: 1977
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$428.579m
- Shares outstanding: 15.30m
- Website: https://www.sierrabancorp.com
Number of Employees
- Sierra Bancorp
- 86 North Main Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 23:17|
|End of Day Share Price||2022/01/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.