Sierra Bancorp GAAP EPS of $1.18 beats by $0.27, revenue of $40.08M beats by $0.95M
- Sierra Bancorp press release (BSRR): Q3 GAAP EPS of $1.18 beats by $0.27.
- Revenue of $40.08M (+2.8% Y/Y) beats by $0.95M.
- Return on average assets rose to 1.66%, as compared to 1.04%.
- Return on average equity expanded to 16.49%, as compared to 10.81%.
- Net interest margin remained strong at 3.91%, increasing 13 basis points from 3.78%.
- Efficiency ratio improved to 54.86%, as compared to 58.05%.
- Noninterest income over average assets remains high at 0.84% annualized, as compared to 0.86%.
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