Earnings ·
Reports Q3 net income of $15.3 million, or $1.18 per diluted share
BSRRSierra Bancorp
Sierra Bancorp reported consolidated net income of $15.3 million, or $1.18 per diluted share, for the third quarter ended September 30, 2026, compared to $9.7 million, or $0.72 per diluted share, in the prior-year period. For the first nine months of 2026, net income reached $37.7 million, or $2.90 per diluted share. The quarter's results were driven by a favorable change in credit loss provision due to the resolution of a reserved loan, higher net interest income, and reduced noninterest expense. Tangible book value per share increased to $25.79. Sierra Bancorp operates as a bank holding company for Bank of the Sierra, providing commercial banking services.