Sierra Bancorp (BSRR) AI Stock Analysis

• Market Cap: $389.32M
• Dividend Yield: 3.44%
• Average Volume (3M): 41.59K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 0.94
• Revenue Growth: 5.69%
• EPS Growth: 19.91%
• Country: US
• Employees: 446
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 2.82
• Shares Outstanding: 13,964,236
• 10 Day Avg. Volume: 37,971
• 30 Day Avg. Volume: 41,594
• PEG Ratio: 0.50
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.77
• Price to Cash Flow (P/CF): 4.50
• P/FCF Ratio: 3.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $36.00
• Price Target Upside: 29.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Sierra Bancorp demonstrates strong financial health with solid profitability and a low debt burden, which is a significant strength. However, the absence of revenue data for 2024 and declining assets may pose challenges for future growth. The technical indicators are neutral, while the stock's valuation appears attractive, offering a good dividend yield and reasonable P/E ratio.

Sierra Bancorp Business Overview & Revenue Model

Company Description

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. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company 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. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.

How the Company Makes Money

Sierra Bancorp primarily generates revenue through interest income from its lending activities, which include commercial, agricultural, and consumer loans. The bank also earns income from service charges on deposit accounts, fees for other banking services, and income from securities and investments. Additionally, it benefits from partnerships and relationships with community businesses and agricultural enterprises, which help drive its loan and deposit growth. The bank's local focus and community engagement play a significant role in its ability to maintain a stable customer base and generate consistent revenue.

Sierra Bancorp Financial Statement Overview

Summary

Sierra Bancorp's financials reflect strong profitability and a solid equity base, with significant improvements in leverage. However, the absence of reported revenue in 2024 limits comprehensive income analysis, and declining assets suggest potential constraints on expansion.

Income Statement

The income statement shows moderate performance. The net profit margin improved to 29.16% in 2024 from 25.05% in 2023, indicating profitability improvements. However, total revenue reported as zero in 2024 affects the ability to calculate certain metrics like gross profit margin and revenue growth rate, which limits the analysis.

Balance Sheet

The balance sheet displays a robust equity position with a high equity ratio of 109.05% in 2024. The debt-to-equity ratio improved significantly to 0.03, indicating low leverage. However, total assets decreased over the year, which might affect future growth potential.

Cash Flow

Cash flow statements indicate a healthy operating cash flow to net income ratio of 1.41 in 2024, showing strong cash generation relative to net income. The free cash flow growth rate appears positive, but free cash flow reported as zero complicates precise calculations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
138.82M	139.12M	130.09M	127.56M	130.99M
	Gross Profit
138.82M	139.12M	130.09M	127.56M	130.99M
	EBIT
-109.07M	46.46M	57.12M	57.20M	46.52M
	EBITDA
0.00	49.70M	48.45M	61.47M	50.62M
	Net Income Common Stockholders
40.56M	34.84M	33.66M	43.01M	35.44M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
114.12M	78.60M	1.01B	1.23B	615.39M
	Total Assets
3.61B	3.73B	3.61B	3.37B	3.22B
	Total Debt
12.54M	445.46M	304.54M	84.44M	35.12M
	Net Debt
12.54M	366.86M	227.40M	-173.09M	-36.29M
	Total Liabilities
3.26B	3.39B	3.31B	84.44M	2.88B
	Stockholders Equity
3.63B	338.10M	303.58M	362.49M	343.90M
Cash Flow		Free Cash Flow
57.15M	51.83M	32.30M	52.28M	37.11M
	Operating Cash Flow
57.15M	53.24M	33.57M	52.66M	40.03M
	Investing Cash Flow
141.23M	-102.82M	-481.00M	20.62M	-627.25M
	Financing Cash Flow
-176.32M	31.92M	267.03M	112.83M	578.57M

Sierra Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSRR, the sentiment is Negative. The current price of 27.77 is below the 20-day moving average (MA) of 28.53, below the 50-day MA of 29.66, and below the 200-day MA of 28.30, indicating a bearish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 38.88 is Neutral, neither overbought nor oversold. The STOCH value of 13.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BSRR.

Sierra Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAC	70 Neutral	$682.52M	11.18	10.33%	4.15%	14.18%	22.19%
FMBL	68 Neutral	$714.59M	16.03	3.30%	1.95%	6.32%	-35.68%
BSRR	66 Neutral	$389.32M	9.90	11.67%	3.44%	5.69%	19.91%
Sector *	63 Neutral	$14.35B	9.94	8.94%	4.37%	16.34%	-11.76%
CVBF	61 Neutral	$2.58B	12.84	9.35%	4.33%	2.84%	-9.63%
HMST	55 Neutral	$222.13M	―	-30.86%	0.98%	-18.33%	-422.59%
FFWM	44 Neutral	$427.48M	―	-9.34%	0.96%	6.75%	62.30%

Sierra Bancorp Corporate Events

Sierra Bancorp Executives to Attend Piper Sandler Forum

Sierra Bancorp announced that its President and CEO, Kevin J. McPhaill, and CFO, Christopher G. Treece, will attend the Piper Sandler Bank Forum in Marina del Ray, California, on March 11, 2025. They will meet with current and prospective investors, potentially impacting the company’s investor relations and market positioning.

Sierra Bancorp Executives to Attend Janney CEO Forum

Sierra Bancorp’s President and CEO, Kevin J. McPhaill, along with Executive VP and CFO Christopher G. Treece, are set to participate in the Janney West Coast CEO Forum in Scottsdale, Arizona, scheduled for January 29-30, 2025. They will engage with current and potential investors, sharing insights through presentations available on the company’s website, aiming to strengthen investor relations and explore new opportunities.