Stock Data
$0.10 (0.25%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Sierra Bancorp, headquartered in Porterville, California since 1977, operates primarily through its subsidiary, Bank of the Sierra. It offers a wide range of banking services tailored to both individuals and businesses. Customers can access various deposit options including checking and savings accounts, as well as specialized services like retirement and sweep accounts. Sierra Bancorp also provides a diverse portfolio of loan products, covering agricultural, commercial, consumer, and real estate needs. Additionally, it embraces technology through online banking, remote deposit, and automated payroll services, enhancing convenience for its clients.
Sierra Bancorp missed Q2 earnings by 14% as a $2.5 million reserve on a single agricultural loan crushed results, but the bank raised its dividend 4% and signaled confidence with a significantly elevated loan pipeline heading into the second half.
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