Sierra Bancorp (BSRR) Tops Q2 EPS by 2c

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Go back to Sierra Bancorp (BSRR) Tops Q2 EPS by 2c

Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2022

July 25, 2022 8:01 AM EDT

PORTERVILLE, Calif.--(BUSINESS WIRE)-- Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the three-and six-month periods ended June 30, 2022. Sierra Bancorp reported consolidated net income of $9.2 million, or $0.61 per diluted share, for the second quarter of 2022, compared to $11.7 million, or $0.76 per diluted share, in the second quarter of 2021. On a linked-quarter basis, the Company increased net income by $1.8 million, or 24%.

For the first six months of 2022, the Company recognized net income of $16.6 million as compared to $22.8 million for the same period in 2021. The... More