Sierra Bancorp Q4 net income rises 24% as provisions drop

Overview

• Banking firm's Q4 net income rises 24% yr/yr, driven by lower credit loss provisions

• Diluted EPS for Q4 increased 34% yr/yr

• Company repurchased 222,039 shares during Q4

Outlook

• Sierra Bancorp did not provide specific financial guidance for 2026

Result Drivers

• CREDIT LOSS PROVISIONS - A $3.3 mln decrease in credit loss provisions significantly contributed to net income growth in Q4 2025

• LOAN GROWTH - Loan growth of $55.1 mln, driven by mortgage warehouse program, supported asset growth

• DEPOSIT COSTS - Decline in deposit costs improved net interest margin, aiding earnings

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Sierra Bancorp is $33.25, about 6.1% below its January 30 closing price of $35.41

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw6pcsFMa

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