
Sierra Bancorp (BSRR) Stock Forecast & Price Target
Sierra Bancorp (BSRR) Analyst Ratings
Bulls say
Sierra Bancorp has demonstrated a solid financial performance, highlighted by a notable increase in net interest margin (NIM), which rose by 9 basis points quarter-over-quarter to reach 3.74%. The bank has also achieved loan growth of 4%, surpassing expectations for the typically seasonally soft first quarter. Additionally, the allowance for credit losses (ACL), excluding warehouse loans, increased to 1.34% from 1.24% in the previous quarter, indicating a proactive approach to risk management by addressing specific reserves associated with nonperforming assets.
Bears say
Sierra Bancorp is facing significant risks that contribute to a negative outlook on its stock, primarily due to potential EPS misses resulting from deposit outflows and reduced loan growth. Additionally, there is concern over net interest margin (NIM) compression if deposit pressures persist in a prolonged high-interest-rate environment. Although non-performing assets (NPAs) to loans and other real estate owned (OREO) decreased slightly, the overall financial position remains precarious amid these macroeconomic challenges.
This aggregate rating is based on analysts' research of Sierra Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Sierra Bancorp (BSRR) Analyst Forecast & Price Prediction
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