Sierra Bancorp (BSRR) Misses Q3 EPS by 1c

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Go back to Sierra Bancorp (BSRR) Misses Q3 EPS by 1c

Sierra Bancorp Reports Financial Results for Third Quarter and First Nine Months of 2022

October 24, 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 nine-month periods ended September 30, 2022. Sierra Bancorp reported consolidated net income of $9.9 million, or $0.66 per diluted share, for the third quarter of 2022, compared to $10.6 million, or $0.69 per diluted share in the third quarter of 2021. On a linked-quarter basis, the Company increased net income by $0.7 million, or 8%.

For the first nine months of 2022, the Company recognized net income of $26.5 million, or $1.76 per diluted share, as compared to $33.4 million, or $2.17... More