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Sierra Bancorp (BSRR) reported $38.58 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.6%. EPS of $0.74 for the same period compares to $0.68 a year ago.
The reported revenue represents a surprise of +0.73% over the Zacks Consensus Estimate of $38.3 million. With the consensus EPS estimate being $0.73, the EPS surprise was +1.37%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Sierra Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Net Interest Margin: 3.7% compared to the 3.7% average estimate based on three analysts.
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Efficiency ratio (tax-equivalent): 58.4% versus the three-analyst average estimate of 59.2%.
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Total Non-performing loans: $10.35 million versus $6.99 million estimated by two analysts on average.
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Net Charge-Offs (% of Average Loans): 0% versus 0.2% estimated by two analysts on average.
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Average Interest-Earning Assets: $3.39 billion versus the two-analyst average estimate of $3.39 billion.
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Total Nonperforming Assets: $10.35 million versus $6.99 million estimated by two analysts on average.
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Total non-interest income: $7.79 million versus $7.69 million estimated by three analysts on average.
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Net Interest Income: $30.79 million compared to the $30.96 million average estimate based on three analysts.
View all Key Company Metrics for Sierra Bancorp here>>>
Shares of Sierra Bancorp have returned -8.7% over the past month versus the Zacks S&P 500 composite's +2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Sierra Bancorp (BSRR) : Free Stock Analysis Report