Sierra Bancorp

NASDAQ•BSRR

CEO: Mr. Kevin J. McPhaill

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 1994-04-18

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. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. It also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.

Contact Information

86 North Main Street, Porterville, CA, 93257, United States

559-782-4900

www.sierrabancorp.com

Market Cap

$446.81M

P/E (TTM)

10.4

14.2

Dividend Yield

3.0%

52W High

$38.60

52W Low

$22.42

52W Range

66%

Rank33Top 25.7%

4.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$50.62M-100.00%

4-Quarter Trend

EPS

$0.97+32.88%

4-Quarter Trend

FCF

$12.78M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income and NIM Improvement Net income rose to $42.3M in 2025; Net Interest Margin improved 9 basis points to 3.75% due to favorable asset mix shift.

Strong Loan Portfolio Growth Gross loans grew 9% to $2.55B, driven by a $191.9M increase in mortgage warehouse line utilization during the year.

Asset Quality Shows Improvement NPL ratio significantly improved to 0.52% from 0.84% year-over-year, despite $7.5M charge-offs related to one agricultural loan workout.

Solid Capital Adequacy Maintained Tier 1 Core Capital Ratio stood at 10.80% for the Company, remaining well above the 9.00% regulatory minimum threshold.

Risk Factors

Interest Rate Sensitivity Reduced Asset sensitivity to rising rates was substantially reduced in 2025; future NIM stability depends heavily on funding mix and market rates.

Commercial Real Estate Concentration Heavy concentration in CRE loans (54.6% of gross loans) poses material risk if local real estate values decline materially in a recession.

Deposit Competition and Funding Costs Competition for deposits is fierce; uninsured deposits totaled $703M, increasing reliance on potentially higher-cost wholesale funding sources.

Cybersecurity and Vendor Risks Reliance on complex information systems and external vendors creates ongoing exposure to cyberattacks, system failures, and potential litigation risk.

Outlook

NIM Outlook Tied to Funding Mix Future net interest margin expansion relies on maintaining lower-cost funding sources and managing yields on variable-rate assets like CLOs.

Continued Expense Management Focus Management maintains a strategic focus on expense control to keep noninterest expenses relatively flat despite necessary technology investments.

Revisiting Inorganic Growth Strategy The Company desires to reestablish inorganic growth via acquisitions, balancing potential dilution against strategic expansion opportunities.

Ongoing Regulatory Compliance Costs Compliance staffing and software costs related to consumer protection and AML mandates will continue to be a factor in operating expenses.

Peer Comparison

Revenue (TTM)

KRNY

$343.87M

-1.6%

FBIZ

$279.25M

+6.4%

CIVB

$252.62M

+4.5%

Gross Margin (Latest Quarter)

NFBK

314.9%

+0.0pp

BMRC

86.6%

+15.9pp

BSRR

79.3%

+0.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NFBK	$545.85M	652.3	0.1%	17.2%
CIVB	$464.06M	9.8	10.0%	6.6%
HBCP	$463.85M	9.9	11.0%	1.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

3.3%

Moderate Growth

4Q Net Income CAGR

12.3%

Profitability Improving

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Apr 27, 2026

EPS:$0.82

Revenue:$39.68M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data