STOCK TITAN

Sierra Bancorp (NASDAQ: BSRR) declares 109th straight quarterly dividend

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Sierra Bancorp approved a regular quarterly cash dividend of $0.26 per share of common stock. The dividend will be paid on May 11, 2026 to shareholders of record at the close of business on May 4, 2026.

Counting dividends paid by Bank of the Sierra before the holding company was formed, Sierra Bancorp has paid cash dividends every year since 1987. This payment represents the company’s 109th consecutive quarterly cash dividend, underscoring a long history of returning cash to shareholders while operating as a community bank in California’s South San Joaquin Valley.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Quarterly dividend per share $0.26 per share Regular quarterly cash dividend approved April 23, 2026
Dividend record date May 4, 2026 Shareholders of record eligible for $0.26 dividend
Dividend payment date May 11, 2026 Payment date for the $0.26 quarterly dividend
Consecutive quarterly dividends 109 109th consecutive quarterly cash dividend
Years of regular dividends Since 1987 Regular cash dividends paid every year since 1987
Branch count 34 branches Full-service branches across multiple California counties
Years in operation 49th year Bank of the Sierra’s operating history
quarterly cash dividend financial
"declared a regular quarterly cash dividend of $0.26 per share"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
shareholders of record financial
"paid on May 11, 2026, to shareholders of record as of May 4, 2026"
Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.
forward-looking statements regulatory
"The statements contained in this release that are not historical facts are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors regulatory
"other factors detailed in the Company's SEC filings, including the "Risk Factors""
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
Management's Discussion and Analysis of Financial Condition and Results of Operations regulatory
"the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections"
A narrative section of a company's financial filing where executives explain the numbers, highlight what drove revenue, profit and cash flow changes, discuss risks and liquidity, and outline future outlook and plans. Think of it as management’s walkthrough of the company’s report card that adds context, explanations and judgments behind the raw figures — information investors use to assess quality of results, the likelihood of future performance, and the credibility of management’s guidance.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 23, 2026

SIERRA BANCORP

(Exact name of registrant as specified in its charter)

California

000-33063

33-0937517

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

86 North Main Street, Porterville, CA 93257

(Address of principal executive offices)

(Zip code)

(559) 782-4900

(Registrant’s telephone number including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, no par value

BSRR

NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01 Other Events.

On April 23, 2026, the Board of Directors of Sierra Bancorp (the “Company”) approved a cash dividend to shareholders. The quarterly cash dividend of twenty-six cents ($0.26) per share of common stock will be payable on May 11, 2026, to shareholders of record at the close of business on May 4, 2026.

The press release issued by the Company in connection with the dividend is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS

(d)Exhibits. The information required to be furnished pursuant to this item is set forth in the Exhibit Index which appears below, immediately before the signatures.

EXHIBIT INDEX

Press release dated October 22, 2020

Exhibit No.

  ​ ​ ​

Description

99.1

Press release dated April 24, 2026

104

Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Executive Vice President &
Chief Financial Officer

Dated: April 24, 2026

SIERRA BANCORP



By: /s/ Christopher G. Treece            

Christopher G. Treece
Executive Vice President &
Chief Financial Officer

Exhibit 99.1

Graphic

FOR IMMEDIATE RELEASE

Date: April 24, 2026

Contact:Kevin McPhaill, President/Chief Executive Officer

Phone:(559) 782-4900 or (888) 454-BANK

Website Address:www.sierrabancorp.com

SIERRA BANCORP DECLARES QUARTERLY CASH DIVIDEND

PORTERVILLE, CALIF. -- (BUSINESS WIRE) – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.26 per share. The dividend was approved subsequent to the Board’s review of the Company’s financial performance and capital for the quarter ended March 31, 2026, and will be paid on May 11, 2026, to shareholders of record as of May 4, 2026. Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp, the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter. The dividend noted in today’s announcement marks the Company’s 109th consecutive quarterly cash dividend.

Sierra Bancorp is the holding Company for Bank of the Sierra (www.bankofthesierra.com), which is in its 49th year of operations and strives to be the preeminent bank headquartered in the South San Joaquin Valley. Bank of the Sierra offers a broad range of retail and commercial banking services through its 34 full-service branches located within the counties of Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, and Santa Barbara. The Bank also maintains an online branch and provides specialized lending services through its mortgage warehouse division. In 2025, Bank of the Sierra was recognized as one of the strongest and top-performing community banks in the country, with a 5-star rating from Bauer Financial.

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future de­velopments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties including but not limited to the health of the national and local economies, loan portfolio performance, the Company's ability to attract and retain skilled employees, customers' service expectations, the Company's ability to successfully de­ploy new technology, the success of acquisitions and branch expansion, changes in interest rates, and other factors detailed in the Company's SEC filings, including the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recent Form 10-K and Form 10-Q.

###################################

Category: Financial

Source: Sierra Bancorp


FAQ

What dividend did Sierra Bancorp (BSRR) declare in April 2026?

Sierra Bancorp declared a regular quarterly cash dividend of $0.26 per share. The Board approved the dividend after reviewing financial performance and capital for the quarter ended March 31, 2026, continuing the company’s long-standing pattern of returning cash to shareholders.

When is the record date and payment date for Sierra Bancorp’s $0.26 dividend?

The record date for Sierra Bancorp’s $0.26 per share dividend is May 4, 2026. The dividend will be paid on May 11, 2026 to shareholders of record as of that date, following the Board’s April 23, 2026 approval.

How long has Sierra Bancorp (BSRR) been paying regular cash dividends?

Sierra Bancorp and its banking predecessor have paid regular cash dividends every year since 1987. These began as annual dividends through 1998 and shifted to quarterly dividends thereafter, highlighting a multidecade track record of consistent shareholder distributions.

How many consecutive quarterly dividends has Sierra Bancorp paid?

The dividend declared in April 2026 is Sierra Bancorp’s 109th consecutive quarterly cash dividend. This streak reflects ongoing profitability and capital support for regular payouts over many years, including through changing economic and interest-rate environments.

What is Sierra Bancorp’s geographic footprint and branch network?

Sierra Bancorp’s subsidiary, Bank of the Sierra, operates 34 full-service branches across Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, and Santa Barbara counties. The bank is in its 49th year of operations and also offers online banking and specialized lending services.

How has Bank of the Sierra been rated as a community bank?

In 2025, Bank of the Sierra was recognized as one of the strongest and top-performing community banks in the country, earning a 5-star rating from Bauer Financial. This independent rating highlights strong capital, asset quality, and overall performance metrics.

Filing Exhibits & Attachments

4 documents