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BSRR (Sierra Bancorp) Net Income : $36.5 Mil (TTM As of Sep. 2024)


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What is Sierra Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sierra Bancorp's Net Income for the three months ended in Sep. 2024 was $10.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $36.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sierra Bancorp's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $0.74.


Sierra Bancorp Net Income Historical Data

The historical data trend for Sierra Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sierra Bancorp Net Income Chart

Sierra Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.96 35.44 43.01 33.66 34.84

Sierra Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.89 6.29 9.33 10.26 10.60

Sierra Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sierra Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=46.464+-11.62+0+0
=34.8

Sierra Bancorp's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=14.41+-3.807+0+0
=10.6

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sierra Bancorp  (NAS:BSRR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sierra Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sierra Bancorp Net Income Related Terms

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Sierra Bancorp Business Description

Traded in Other Exchanges
N/A
Address
86 North Main Street, P.O. Box 1930, Porterville, CA, USA, 93257
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.
Executives
Morris A Tharp director 86 N MAIN ST, PORTERVILLE CA 93257
Albert L Berra director 721 W OLIVE AVENUE, PORTERVILLE CA 93257
Cindy L Dabney officer: SVP/Chief Accounting Officer 86 NORTH MAIN STREET, PORTERVILLE CA 93257
James C Holly director
Michael Olague officer: EVP/Chief Banking Officer 86 N MAIN STREET, PORTERVILLE CA 93257
Kevin J Mcphaill officer: President/CEO 86 N MAIN STREET, PORTERVILLE CA 93257
Julie G Castle director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Susan M Abundis director 86 NORTH MAIN STREET, POTERVILLE CA 93257
Natalia M Coen officer: EVP/CRO 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Laurence S Dutto director 86 N MAIN STREET, PORTERVILLE CA 93257
Gordon T Woods director 200 E HENDERSON, PORTERVILLE CA 93258
Michele M Gil director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Ermina Karim director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Jennifer Ann Johnson officer: EVP/Chief Admin. Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Lynda Scearcy director 86 N. MAIN STREET, PORTERVILLE CA 93257