Sierra Bancorp Stock Price, News & Analysis

Sierra Bancorp (Nasdaq: BSRR) announced a new share repurchase program authorizing up to 1,000,000 shares to be repurchased from November 1, 2025 after the current program expires and continuing through October 31, 2026. Repurchases may be executed in open‑market or privately negotiated transactions and the Board authorized Management to adopt a 10b5‑1 plan with a nationally recognized broker‑dealer to facilitate buybacks. The Board also declared a regular quarterly cash dividend of $0.25 per share, payable November 14, 2025 to shareholders of record as of November 3, 2025. This marks the Company’s 107th consecutive quarterly cash dividend.

Bank of the Sierra operates branches across central and southern California and holds a 5‑star Bauer Financial rating in 2025.

Sierra Bancorp (Nasdaq: BSRR) reported strong Q2 2025 financial results with net income of $10.6 million, or $0.78 per diluted share, up from $10.3 million ($0.71/share) in Q2 2024. The company demonstrated significant growth with total loans increasing by $127.9 million (22% annualized) to $2.43 billion during the quarter.

Key highlights include a Return on Average Assets of 1.16%, improved efficiency ratio of 59.43%, and non-brokered deposits growth of $24.6 million. The bank maintains strong capital positions with a Community Bank Leverage Ratio of 11.75% and declared a dividend of $0.25 per share payable August 14, 2025.

For the first six months of 2025, Sierra Bancorp achieved net income of $19.7 million ($1.43/share) compared to $19.6 million ($1.35/share) in the same period of 2024, with a net interest margin of 3.71%.

Sierra Bancorp (Nasdaq: BSRR), parent company of Bank of the Sierra, has declared a regular quarterly cash dividend of $0.25 per share, payable on August 14, 2025, to shareholders of record as of August 4, 2025.

This marks the company's 106th consecutive quarterly cash dividend, continuing a tradition of regular dividend payments since 1987. Bank of the Sierra, now in its 48th year of operations, is one of the largest independent banks in the South San Joaquin Valley and has received a 5-star rating from Bauer Financial in 2025, recognizing it as one of the strongest community banks in the country.

Sierra Bancorp (BSRR) reported Q1 2025 net income of $9.1 million, or $0.65 per diluted share, compared to $9.3 million ($0.64/share) in Q1 2024. Key highlights include:

- Net interest margin increased to 3.74% from 3.62% in Q1 2024
- Efficiency ratio improved to 60.62% from 65.97% year-over-year
- Organic loan growth of $18.6 million (4% annualized)
- Reduced higher-cost brokered deposits by $85.0 million
- Noninterest-bearing deposits reached $1.0 billion (36% of total deposits)

The bank maintained strong capital positions with a Community Bank Leverage Ratio of 12.1%. During Q1, the company repurchased 476,770 shares at an average price of $29.71 and declared a dividend of $0.25 per share, payable May 15, 2025.

Sierra Bancorp (BSRR) has declared a regular quarterly cash dividend of $0.25 per share, payable on May 15, 2025, to shareholders of record as of May 5, 2025. This marks the company's 105th consecutive quarterly cash dividend, continuing a tradition of dividend payments dating back to 1987.

Bank of the Sierra, the company's subsidiary, is celebrating its 48th year of operations as one of the largest independent banks in the South San Joaquin Valley. The bank operates through full-service branches across multiple California counties and maintains specialized lending services through an agricultural credit center in Templeton. In 2025, Bank of the Sierra received a prestigious 5-star rating from Bauer Financial, recognizing it as one of the strongest and top-performing community banks in the country.

Sierra Bancorp (BSRR) reported strong financial results for Q4 2024, with net income of $10.4 million ($0.72 per diluted share), up from $6.3 million ($0.43 per diluted share) in Q4 2023. For the full year 2024, net income reached $40.6 million ($2.82 per diluted share), a 16% increase from 2023's $34.8 million.

Key performance metrics showed significant improvement: Return on average assets rose to 1.13% (from 0.67%), return on average equity increased to 11.49% (from 8.03%), and net interest margin improved to 3.65% (from 3.31%). The bank's loan portfolio grew by $242.7 million (12%) to $2.3 billion in 2024, while total deposits increased by $130.4 million (5%) to $2.9 billion.

The bank maintained strong capital positions with a Community Bank Leverage Ratio of 11.80% and increased its quarterly dividend to $0.25 per share. During Q4, the company repurchased 229,850 shares at an average price of $29.38, with an additional 112,896 shares repurchased through January 23, 2025.

Sierra Bancorp (BSRR) has announced a 4% increase in its quarterly cash dividend to $0.25 per share, up $0.01 from the previous quarter. The dividend will be paid on February 14, 2025, to shareholders of record as of January 31, 2025.

This marks the company's 104th consecutive quarterly cash dividend, continuing a tradition of regular dividend payments that began in 1987. The dividend increase was approved following the Board's review of the company's financial performance and capital position for the quarter ended December 31, 2024.

Bank of the Sierra, the company's subsidiary, operates in its 48th year as one of the largest independent banks in the South San Joaquin Valley, serving multiple California counties through full-service branches and specialized lending services. The bank received a 5-star rating from Bauer Financial in 2024, recognizing it as one of the strongest community banks in the country.

Sierra Bancorp (Nasdaq: BSRR) announced its unaudited financial results for Q3 and the first nine months of 2024. The company reported a Q3 net income of $10.6 million, up 3% from the previous quarter. For the first nine months, net income rose to $30.2 million, a 6% increase from 2023. Diluted EPS for Q3 was $0.74, and $2.09 for the nine-month period, up 8% from last year. Key highlights include:

• Net interest income improved by $0.6 million QoQ.
• Loan growth of $86.1 million and deposit growth of $19.7 million in Q3.
• Asset quality remained strong with a nonperforming loans ratio of 0.45%.
• Tangible book value per share increased by 3% to $22.93.
• Return on average assets and equity remained stable at 1.14% and 11.95%, respectively.

Despite a challenging interest rate environment, Sierra Bancorp's strategic initiatives and operational efficiencies have driven consistent profitability and growth.

Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, has announced a new share repurchase program and declared a quarterly cash dividend. The Board of Directors has approved the repurchase of up to 1,000,000 shares of outstanding common stock, effective from November 1, 2024, to October 31, 2025. This program replaces the current one expiring on October 31, 2024.

Additionally, a regular quarterly cash dividend of $0.24 per share has been declared, payable on November 12, 2024, to shareholders of record as of October 31, 2024. This marks the company's 103rd consecutive quarterly cash dividend. Sierra Bancorp has consistently paid dividends since 1987, transitioning from annual to quarterly payments in 1998.