Sierra Bancorp Q2 FY26 net income falls 7% to $9.9 million; revenue dips 1% to $39 million

Reuters2026/07/27 12:09

By:Reuters

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Sierra Bancorp posted Q2 net income of USD 9.9 million, down 7% year over year; diluted EPS slipped to USD 0.77.
Return on average assets eased to 1.09% in Q2, while return on average equity declined to 10.90%.
Credit loss expense on loans rose to USD 2.3 million from USD 1.2 million a year earlier, driven by a USD 2.5 million specific reserve.
Total deposits climbed USD 54.6 million, up 2% since year-end; noninterest-bearing balances were USD 1.03 billion, or 35% of deposits.
Management said the loan pipeline increased significantly, expecting net loan growth in the second half; a USD 0.27 dividend is payable Aug. 10.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sierra Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202607270801BIZWIRE_USPR_____20260727_BW470201) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sierra Bancorp Q2 FY26 net income falls 7% to $9.9 million; revenue dips 1% to $39 million

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