Sierra Bancorp press release (BSRR): Q3 GAAP EPS of $1.18 beats by $0.27. – Revenue of $40.08M (+2.8% Y/Y) beats by $0.95M. – Return on average assets rose to 1.66%, as compared to 1.04%. – Return on average equity expanded to 16.49%, as compared to 10.81%. – Net interest margin…
mained strong at 3.91%, increasing 13 basis points from 3.78%. – Efficiency ratio improved to 54.86%, as compared to 58.05%. – Noninterest income over average assets remains high at 0.84% annualized, as compared to 0.86%