DA Davidson Reaffirms Buy Rating for Sierra Bancorp (BSRR)
DA Davidson's Recommendation: DA Davidson has maintained a "Buy" recommendation for Sierra Bancorp (NasdaqGS:BSRR) as of October 28, 2025, with an average one-year price target of $33.28/share, indicating a potential upside of 16.11% from its current price of $28.66/share.
Projected Financials: Sierra Bancorp is projected to achieve annual revenue of $165 million, reflecting a 14.12% increase, with a non-GAAP EPS forecast of 3.20.
Fund Sentiment: There are currently 292 funds reporting positions in Sierra Bancorp, with a slight decrease in the number of owners but an increase in average portfolio weight dedicated to the stock, indicating a bullish sentiment with a put/call ratio of 0.02.
Shareholder Activity: Notable shareholders such as Private Management Group and Vanguard Total Stock Market Index Fund have adjusted their holdings, with some increasing their shares while others have decreased their portfolio allocations in Sierra Bancorp over the last quarter.
Trade with 70% Backtested Accuracy
Analyst Views on BSRR
About BSRR
About the author


- Funding Announcement: Sierra is raising $950 million from new and existing investors.
- Investment Leadership: The funding round is led by Tiger Global and GV.
- Valuation Insight: The company is valued at over $15 billion.
- Market Position: This funding reflects strong investor confidence in Sierra's growth potential.
- Earnings Beat: Sierra Bancorp reported a Q1 GAAP EPS of $0.96, exceeding expectations by $0.14, indicating strong profitability that may boost investor confidence in the company's financial health.
- Revenue Miss: The revenue of $38.5 million, while up 11.1% year-over-year, fell short of market expectations by $1.07 million, reflecting challenges in revenue growth amidst a competitive landscape, which could impact future investment decisions.
- Financial Stability: Sierra Bancorp's financial data indicates stable profitability; despite the revenue miss, the earnings beat suggests effective cost control and operational efficiency, potentially laying a foundation for future growth.
- Dividend Outlook: The dividend scorecard for Sierra Bancorp indicates stability in its dividend payments; although revenue did not fully meet expectations, the strong EPS may support future dividend distributions, appealing to investors seeking reliable returns.
- Quarterly Dividend Announcement: Sierra Bancorp (BSRR) declares a quarterly dividend of $0.26 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability.
- Yield Information: The forward yield of 2.88% provides investors with a relatively attractive return, enhancing market interest in the stock.
- Payment Schedule: The dividend will be payable on May 11, with a record date of May 4 and an ex-dividend date also on May 4, ensuring shareholders receive their earnings promptly.
- Investor Focus: Sierra Bancorp's dividend performance aligns with its historical earnings data and dividend growth trends, further solidifying its trust among investors and market position.
- Quarterly Cash Dividend: Sierra Bancorp's Board of Directors has declared a cash dividend of $0.26 per share, approved after reviewing the company's financial performance for the quarter ended March 31, 2026, and will be paid on May 11, 2026, to shareholders of record as of May 4, 2026.
- Dividend History: The company has paid regular cash dividends since 1987, marking its 109th consecutive quarterly dividend, which reflects its financial stability and commitment to returning value to shareholders.
- Banking Operations Overview: Operating for 49 years in the South San Joaquin Valley, Sierra Bancorp offers a wide range of retail and commercial banking services through its 34 full-service branches, aiming to be the preeminent bank in the region.
- Industry Recognition: In 2025, Bank of the Sierra was recognized as one of the strongest and top-performing community banks in the U.S., receiving a 5-star rating from Bauer Financial, which further solidifies its market position.
- Earnings Per Share Growth: Sierra Bancorp reported a GAAP EPS of $0.97 for Q4, marking a significant increase compared to the previous year, which reflects the company's ongoing profitability improvement and boosts investor confidence.
- Strong Revenue Performance: The company achieved revenues of $39.46 million in Q4, indicating a stable revenue growth trend that underscores its competitive position and solid customer base in the market.
- Financial Health: Sierra Bancorp's financial data continues to show positive trends, demonstrating effective asset-liability management that provides a solid foundation for future expansion and investments.
- Dividend Performance: The company's dividend performance is also noteworthy, as sustained earnings growth supports future dividend payments, attracting more investors seeking stable returns.
- Quarterly Net Income Growth: In Q4 2025, Sierra Bancorp reported net income of $12.9 million, a 24% increase from $10.4 million in Q4 2024, primarily driven by a $3.3 million decrease in credit loss provisions and a 5.3% rise in net interest income, demonstrating effective cost control and revenue enhancement strategies.
- Robust Asset and Loan Growth: As of December 31, 2025, total assets increased to $3.83 billion, a 6% rise from 2024, with total loans growing to $2.5 billion, reflecting a 9% annualized growth rate, primarily due to strategic enhancements in the mortgage warehouse program.
- Increased Shareholder Returns: The company repurchased 1,024,792 shares of common stock at an average price of $31.52 during 2025, while also raising the quarterly dividend to $0.26 per share, indicating a strong commitment to shareholder returns and boosting investor confidence.
- Improved Capital Ratios: As of December 31, 2025, the community bank leverage ratio rose to 11.94%, reflecting strong capital management and providing robust support for future business expansion opportunities.






