Sierra Bancorp - Understand $bsrr stock

$BSRR Market Cap: $448.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$171.7M

TTM

Gross Margin

Net Earnings

$36.49M

TTM

Current Assets

Current Liabilities

$125.5M

Q3 2024

Current Ratio

Total Assets

$3.696B

Q3 2024

Total Liabilities

$3.337B

Q3 2024

Book Value

$358.7M

Q3 2024

Cash

$132.8M

Q3 2024

P/E

12.30

Nov 29, 2024 EST

Free Cash Flow

$38.17M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$163.1M	$121.8M	$113.1M	$110.2M	$110.9M	$101.6M	$80.92M	$68.51M	$62.71M	$55.12M	$51.79M	$54.90M	$58.61M
YoY Change	33.9%	7.73%	2.57%	-0.63%	9.16%	25.6%	18.13%	9.25%	13.76%	6.44%	-5.68%	-6.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$163.1M	$121.8M	$113.1M	$110.2M	$110.9M	$101.6M	$80.92M	$68.51M	$62.71M	$55.12M	$51.79M	$54.90M	$58.61M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.200M	$2.400M	$3.100M	$2.800M	$2.800M	$3.174M	$3.030M	$2.584M	$2.272M	$2.107M	$2.131M	$2.440M	$2.700M	$2.890M	$3.100M	$2.980M	$3.160M	$3.480M	$3.180M	$3.020M	$2.420M	$2.060M	$2.280M	$1.960M
YoY Change	-8.33%	-22.58%	10.71%	0.0%	-11.78%	4.75%	17.26%	13.73%	7.83%	-1.13%	-12.66%	-9.63%	-6.57%	-6.77%	4.03%	-5.7%	-9.2%	9.43%	5.3%	24.79%	17.48%	-9.65%	16.33%	20.25%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$50.72M	$12.20M	$4.050M	$5.408M	$13.58M	$9.244M	$5.223M	$3.323M	$2.581M	$2.796M	$3.221M	$4.321M	$5.657M
YoY Change	315.57%	201.33%	-25.11%	-60.17%	46.88%	76.99%	57.18%	28.75%	-7.69%	-13.19%	-25.46%	-23.62%
% of Operating Profit
Other Income/Expense, Net						$23.15M	$22.12M	$20.42M	$18.83M	$15.04M	$16.62M
YoY Change						4.64%	8.3%	8.45%	25.25%	-9.54%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$46.46M	$44.92M	$57.20M	$46.52M	$47.72M	$39.58M	$33.18M	$26.37M	$27.14M	$21.43M	$16.46M	$7.841M	$8.344M	$7.100M	$9.500M	$17.30M	$31.80M	$29.20M	$24.30M	$20.50M	$14.70M	$11.90M	$10.50M	$8.200M
YoY Change	3.45%	-21.48%	22.95%	-2.5%	20.55%	19.3%	25.84%	-2.84%	26.63%	30.18%	109.95%	-6.03%	17.52%	-25.26%	-45.09%	-45.6%	8.9%	20.16%	18.54%	39.46%	23.53%	13.33%	28.05%	-2.38%
Income Tax	$11.62M	$11.26M	$14.19M	$11.08M	$11.76M	$9.907M	$13.64M	$8.800M	$9.071M	$6.191M	$3.093M	-$344.0K	$564.0K	-$200.0K	$600.0K	$3.900M	$10.80M	$10.00M	$8.100M	$7.200M	$4.400M	$3.100M	$3.600M	$2.700M
% Of Pretax Income	25.01%	25.06%	24.8%	23.81%	24.64%	25.03%	41.11%	33.38%	33.43%	28.89%	18.79%	-4.39%	6.76%	-2.82%	6.32%	22.54%	33.96%	34.25%	33.33%	35.12%	29.93%	26.05%	34.29%	32.93%
Net Earnings	$34.84M	$33.66M	$43.01M	$35.44M	$35.96M	$29.68M	$19.54M	$17.57M	$18.07M	$15.24M	$13.37M	$8.185M	$7.780M	$7.400M	$8.900M	$13.40M	$21.00M	$19.20M	$16.20M	$13.30M	$10.40M	$8.800M	$6.900M	$5.500M
YoY Change	3.52%	-21.75%	21.35%	-1.44%	21.17%	51.89%	11.23%	-2.77%	18.55%	14.0%	63.34%	5.21%	5.14%	-16.85%	-33.58%	-36.19%	9.38%	18.52%	21.8%	27.88%	18.18%	27.54%	25.45%	-1.79%
Net Earnings / Revenue	21.36%	27.63%	38.04%	32.15%	32.41%	29.2%	24.14%	25.64%	28.81%	27.65%	25.82%	14.91%	13.27%
Basic Earnings Per Share	$2.37	$2.25	$2.82	$2.33	$2.35	$1.94		$1.30	$1.34	$1.09	$0.94	$0.58	$0.55
Diluted Earnings Per Share	$2.36	$2.24	$2.80	$2.32	$2.33	$1.92	$1.354M	$1.29	$1.33	$1.08	$0.94	$0.58	$0.55	$606.6K	$855.8K	$1.367M	$2.100M	$1.864M	$1.558M	$1.304M	$1.040M	$907.2K	$750.0K	$597.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$16.91M	$22.48M	$23.60M	$27.50M	$27.40M	$29.50M	$29.40M	$28.90M	$22.00M	$21.90M	$20.40M	$21.80M	$20.70M	$20.20M	$20.10M	$19.30M	$18.30M	$18.00M	$18.10M	$17.70M	$18.30M	$17.60M	$14.30M	$14.50M
YoY Change	-24.78%	-4.75%	-14.18%	0.36%	-7.12%	0.34%	1.73%	31.36%	0.46%	7.35%	-6.42%	5.31%	2.48%	0.5%	4.15%	5.46%	1.67%	-0.55%	2.26%	-3.28%	3.98%	23.08%	-1.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$43.75M	$39.41M	$4.600M	$5.300M	$6.800M	$9.000M	$11.60M	$8.100M	$6.200M	$7.300M	$9.200M	$10.30M	$9.900M	$10.90M	$12.00M	$13.50M	$14.80M	$12.70M	$11.70M	$9.800M	$8.800M	$5.500M	$2.900M	$0.00
YoY Change	11.01%	756.74%	-13.21%	-22.06%	-24.44%	-22.41%	43.21%	30.65%	-15.07%	-20.65%	-10.68%	4.04%	-9.17%	-9.17%	-11.11%	-8.78%	16.54%	8.55%	19.39%	11.36%	60.0%	89.66%
Other Assets	$28.68M	$34.98M	$3.800M	$800.0K	$3.500M	$8.700M	$6.500M	$9.500M	$12.30M	$12.80M	$12.30M	$12.00M	$11.70M	$12.90M	$9.300M	$1.800M	$3.300M	$5.000M	$5.300M	$3.500M	$3.300M	$1.400M	$1.700M	$1.400M
YoY Change	-18.01%	820.63%	375.0%	-77.14%	-59.77%	33.85%	-31.58%	-22.76%	-3.91%	4.07%	2.5%	2.56%	-9.3%	38.71%	416.67%	-45.45%	-34.0%	-5.66%	51.43%	6.06%	135.71%	-17.65%	21.43%
Total Long-Term Assets
YoY Change
Total Assets	$3.730B	$3.609B	$3.371B	$3.221B	$2.594B	$2.523B	$2.340B	$2.033B	$1.797B	$1.637B	$1.410B	$1.438B	$1.335B	$1.287B	$1.336B	$1.326B	$1.234B	$1.215B	$1.053B	$997.5M	$801.7M	$701.6M	$650.4M	$606.7M
YoY Change
Accounts Payable																				$0.00	$500.0K
YoY Change																				-100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$107.1M	$109.2M	$106.9M	$39.10M	$25.70M	$16.40M	$8.200M	$8.100M	$9.400M	$7.300M	$6.000M	$1.400M	$3.000M	$0.00	$0.00	$24.40M	$39.10M	$51.00M	$67.90M	$68.00M	$33.30M	$19.30M	$60.80M	$34.30M
YoY Change	-1.88%	2.12%	173.4%	52.14%	56.71%	100.0%	1.23%	-13.83%	28.77%	21.67%	328.57%	-53.33%			-100.0%	-37.6%	-23.33%	-24.89%	-0.15%	104.2%	72.54%	-68.26%	77.26%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$107.1M	$109.2M	$106.9M	$39.10M	$25.70M	$16.40M	$8.200M	$8.100M	$9.400M	$7.300M	$6.000M	$1.400M	$3.000M			$24.40M	$39.10M	$51.00M	$67.90M	$68.00M	$500.0K	$19.30M	$60.80M	$34.30M
YoY Change	-1.88%	2.12%	173.4%	52.14%	56.71%	100.0%	1.23%	-13.83%	28.77%	21.67%	328.57%	-53.33%				-37.6%	-23.33%	-24.89%	-0.15%	13500.0%	-97.41%	-68.26%	77.26%
Long-Term Debt	$84.96M	$84.70M	$84.40M	$35.10M	$34.90M	$34.80M	$34.60M	$34.40M	$32.90M	$36.90M	$30.90M	$35.90M	$45.90M	$45.90M	$50.90M	$60.90M	$35.90M	$57.90M	$76.90M	$105.9M	$15.50M	$15.50M	$15.00M	$0.00
YoY Change	0.32%	0.35%	140.46%	0.57%	0.29%	0.58%	0.58%	4.56%	-10.84%	19.42%	-13.93%	-21.79%	0.0%	-9.82%	-16.42%	69.64%	-38.0%	-24.71%	-27.38%	583.23%	0.0%	3.33%
Other Long-Term Liabilities	$77.89M	$45.98M	$35.60M	$35.10M	$35.50M	$25.90M	$31.30M	$24.00M	$23.90M	$21.20M	$17.50M	$16.00M	$14.50M	$14.10M	$14.70M	$13.10M	$16.10M	$15.90M	$13.50M	$9.700M	$8.000M	$7.800M	$7.200M	$3.900M
YoY Change	69.41%	29.16%	1.42%	-1.13%	37.07%	-17.25%	30.42%	0.42%	12.74%	21.14%	9.38%	10.34%	2.84%	-4.08%	12.21%	-18.63%	1.26%	17.78%	39.18%	21.25%	2.56%	8.33%	84.62%
Total Long-Term Liabilities	$162.9M	$130.7M	$120.0M	$70.20M	$70.40M	$60.70M	$65.90M	$58.40M	$56.80M	$58.10M	$48.40M	$51.90M	$60.40M	$60.00M	$65.60M	$74.00M	$52.00M	$73.80M	$90.40M	$115.6M	$23.50M	$23.30M	$22.20M	$3.900M
YoY Change	24.63%	8.9%	70.94%	-0.28%	15.98%	-7.89%	12.84%	2.82%	-2.24%	20.04%	-6.74%	-14.07%	0.67%	-8.54%	-11.35%	42.31%	-29.54%	-18.36%	-21.8%	391.91%	0.86%	4.95%	469.23%
Total Liabilities	$3.392B	$3.305B	$3.009B	$2.877B	$2.285B	$2.250B	$2.084B	$1.827B	$1.606B	$1.450B	$1.229B	$1.264B	$1.167B	$1.127B	$1.201B	$1.220B	$1.134B	$1.125B	$973.9M	$926.3M	$741.7M	$648.3M	$604.3M	$565.9M
YoY Change	2.62%	9.86%	4.58%	25.93%	1.56%	7.92%	14.09%	13.75%	10.76%	18.04%	-2.8%	8.33%	3.53%	-6.17%	-1.51%	7.51%	0.85%	15.48%	5.14%	24.89%	14.41%	7.28%	6.79%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	14.71M	14.96M	15.24M	15.22M	15.31M	15.26M	13.53M shares	13.46M shares	14.00M shares	14.16M shares	14.10M shares	14.04M shares
Diluted Shares Outstanding	14.74M	15.02M	15.35M	15.28M	15.44M	15.43M	13.65M shares	13.59M shares	14.14M shares	14.29M shares	14.12M shares	14.09M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $448.79 Million

About SIERRA BANCORP

Sierra Bancorp is a holding company, which engages in the business of holding the stock of the Bank of the Sierra and its subsidiaries. The company is headquartered in Porterville, California and currently employs 489 full-time employees. The Bank is a California state-chartered bank, which offers a range of retail and commercial banking services via branch offices located throughout California’s South San Joaquin Valley, the Central Coast, Ventura County, and neighboring communities. The company provides multiple account access options to meet both new and existing customer needs: an online account opening platform; online banking with bill-pay and mobile banking capabilities; online lending solutions for consumers and small businesses; a customer service center, and an automated telephone banking system. Its lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans. The company offers a range of deposit products and services for individuals and businesses, including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.

Industry: State Commercial Banks Peers: BCB BANCORP INC Esquire Financial Holdings, Inc. First Bancorp, Inc /ME/ FIRST BUSINESS FINANCIAL SERVICES, INC. PCSB Financial Corp PNC FINANCIAL SERVICES GROUP, INC. Primis Financial Corp.