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Sierra Bancorp Q2 net income rises 4%

ReutersJul 28, 2025 12:14 PM


Overview

  • Sierra Bancorp Q2 net income rises 4% to $10.6 mln

  • Diluted EPS increases to $0.78 from $0.71 in Q2 2024

  • Company repurchased 135,641 shares during the quarter


Result Drivers

  • LOAN GROWTH - Sierra Bancorp reported a 22% annualized increase in overall loan growth, reaching $2.43 bln; Gross loans increased 4%, mainly on higher mortgage warehouse and commercial real estate loans,

  • NONINTEREST INCOME - Noninterest income rose by $1.9 mln, or 29%, from the previous quarter, driven by a $1.5 mln increase in bank-owned life insurance and a $0.3 mln increase in service charge income


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

$0.78

Q2 Net Income

$10.63 mln

Q2 Net Interest Margin

3.7%

Press Release: ID:nBw4vQy2xa

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