Sierra Bancorp (NASDAQ:BSRR) Releases Earnings Results, Misses Expectations By $0.12 EPS

Sierra Bancorp (NASDAQ:BSRR) announced its quarterly earnings data on Monday. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.12), Zacks reports. Sierra Bancorp had a net margin of 22.53% and a return on equity of 12.67%. The company had revenue of $38.98 million during the quarter, compared to analyst estimates of $39.59 million.

Sierra Bancorp Stock Down 1.4%

Sierra Bancorp stock opened at $41.31 on Tuesday. The company has a market capitalization of $540.33 million, a P/E ratio of 12.04 and a beta of 0.76. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.80 and a current ratio of 0.80. Sierra Bancorp has a fifty-two week low of $26.49 and a fifty-two week high of $43.13. The stock has a 50-day simple moving average of $40.07 and a 200-day simple moving average of $37.11.

Sierra Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, August 3rd will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, August 3rd. This is an increase from Sierra Bancorp’s previous quarterly dividend of $0.26. Sierra Bancorp’s dividend payout ratio (DPR) is presently 30.32%.

Insider Buying and Selling

In other news, CFO Christopher G. Treece sold 10,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $38.18, for a total value of $381,800.00. Following the completion of the sale, the chief financial officer directly owned 39,095 shares of the company’s stock, valued at approximately $1,492,647.10. This represents a 20.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Vonn R. Christenson sold 3,947 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $38.05, for a total transaction of $150,183.35. Following the transaction, the director owned 189 shares in the company, valued at approximately $7,191.45. This trade represents a 95.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,000 shares of company stock worth $954,108 in the last quarter. 11.83% of the stock is owned by insiders.

Institutional Trading of Sierra Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. Invesco Ltd. boosted its stake in Sierra Bancorp by 14.6% during the 4th quarter. Invesco Ltd. now owns 24,075 shares of the financial services provider’s stock worth $787,000 after purchasing an additional 3,058 shares during the period. Empowered Funds LLC increased its stake in Sierra Bancorp by 8.7% in the fourth quarter. Empowered Funds LLC now owns 79,990 shares of the financial services provider’s stock valued at $2,614,000 after purchasing an additional 6,432 shares during the period. Occudo Quantitative Strategies LP purchased a new stake in shares of Sierra Bancorp in the fourth quarter valued at about $217,000. Janus Henderson Group PLC purchased a new stake in shares of Sierra Bancorp in the fourth quarter valued at about $8,465,000. Finally, Bridgeway Capital Management LLC boosted its stake in shares of Sierra Bancorp by 5.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 132,990 shares of the financial services provider’s stock worth $4,346,000 after buying an additional 6,432 shares during the period. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Analyst Upgrades and Downgrades

BSRR has been the topic of a number of recent research reports. Piper Sandler cut their target price on shares of Sierra Bancorp from $36.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. DA Davidson reissued a “buy” rating and issued a $44.00 price objective on shares of Sierra Bancorp in a research report on Tuesday, April 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Sierra Bancorp in a research report on Wednesday, June 24th. Finally, Zacks Research downgraded shares of Sierra Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $37.00.

Trending Headlines about Sierra Bancorp

Here are the key news stories impacting Sierra Bancorp this week:

• Positive Sentiment: Sierra Bancorp reported 20% growth in first-half earnings per share, helped by declining deposit costs. The company also posted a 22.53% net margin and a 12.67% return on equity, signaling continued profitability. Sierra Bancorp reports 20% first-half EPS growth as deposit costs decline
• Positive Sentiment: Management is scheduled to present at the KBW Bank Conference, potentially giving investors additional insight into deposit trends, loan demand and the bank’s outlook. Sierra Bancorp to Present at KBW Bank Conference
• Neutral Sentiment: For the quarter, Sierra Bancorp generated $38.98 million in revenue and maintained solid profitability, but investors may focus on whether improving funding costs can offset slower-than-expected quarterly earnings growth. Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2026
• Negative Sentiment: Second-quarter EPS was $0.77, below the $0.89 analyst consensus and slightly under the $0.78 reported a year earlier. Revenue of $38.98 million also missed expectations of $39.59 million, creating the main near-term catalyst for selling in BSRR. Sierra Bancorp Lags Q2 Earnings and Revenue Estimates

Sierra Bancorp Company Profile

Sierra Bancorp (NASDAQ: BSRR) is a bank holding company headquartered in Porterville, California. The company operates through its banking subsidiary, offering a full suite of financial services to individual and commercial clients. With a community-focused approach, Sierra Bancorp emphasizes relationship banking and local market expertise.

Its core business activities include deposit-taking and lending. On the deposit side, Sierra Bancorp provides checking, savings, money market and certificate of deposit accounts.