Sierra Bancorp reports Q1 EPS 65c, consensus 66c

Reports Q1 tangible book value per share $23.44. “As we navigate the uncertainty impacting our global and local economy, our banking team has worked diligently to produce consistently solid results,” stated Kevin McPhaill, CEO and president. “These efforts resulted in growth of both commercial and real estate loans, as well as increases in each category of customer transaction deposits in the first quarter of 2025. Net interest margin and efficiency ratio also improved. Our team’s resilience and commitment provide us with optimism as we navigate 2025!” McPhaill concluded.