Sierra Bancorp beats estimates with Q3 EPS of $1.18 and revenue of $40.08M
FROM THE WIRE · SEEKINGALPHA.COM
* Sierra Bancorp press release [https://seekingalpha.com/pr/20699300-sierra-bancorp-reports-record-quarterly-income] (BSRR [https://seekingalpha.com/symbol/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…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above expectations and better profitability make this regional bank stock more attractive.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q3 GAAP EPS was $1.18, beating estimates by $0.27.
- 02Revenue of $40.08M rose 2.8% year over year and beat by $0.95M.
- 03Return on average equity rose to 16.49% from 10.81% and net interest margin is 3.91%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets