Sierra Bancorp (BSRR)

• Market cap: $420M
• 1 day: 1.39%
• 5 days: -5.47%
• 1 month: -4.54%
• 3 months: -4.82%
• 6 months: 38.96%
• Year to date: 28.57%
• 1 year: 31.81%
• 5 years: -3.09%
• 10 years: 68.75%
• Sector: Financials
• Industry: State Commercial Banks

About: Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.

Employees: 532

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 8

31% more capital invested

Capital invested by funds: $182M [Q2] → $238M (+$56.5M) [Q3]

16% more funds holding

Funds holding: 90 [Q2] → 104 (+14) [Q3]

1.48% more ownership

Funds ownership: 55.61% [Q2] → 57.08% (+1.48%) [Q3]

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $35 20% upside
• Avg. target: $35 20% upside
• High target: $35 20% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Wood Lay 67% 1-year accuracy 34 / 51 met price target

20% upside $35

Market Perform Maintained

4 Dec 2024