Overview * Sierra Bancorp Q3 net income decreases 9% from Q2 to $9.7 mln * Net interest income grows 4% from prior quarter, driven by improved net interest margin * Company repurchased 190,342 shares, boosting EPS despite lower net income Outlook * Company cites challenging interest rate environment and inflation concerns impacting outlook * Sierra Bancorp optimistic about growth prospects for remainder of 2025 Result Drivers * NET INTEREST INCOME – Growth driven by improved net interest margin and loan yield * ASSET QUALITY – Improvement with reduced nonperforming loans and classified loans * BALANCE SHEET GROWTH – Driven by increase in gross loans and customer deposits Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 EPS $0.72 Q3 Net $9.69 Income mln Q3 Net 3.78% Interest Margin Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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