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Sierra Bancorp
-7.45%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebCompany Overview | Competitive advantages | Market | Competition | Capital & Finance | Products | Customers | Future Perspectives & Strategy | Stock market | Risks | Innovation | Employees | Operation | Company management | Legal and Regulatory Compliance |
Company Overview
Sierra Bancorp is a holding company of Bank of the Sierra, a California state-chartered bank headquartered in Porterville, California. It was founded in 1977 and has grown to become one of the largest independently owned community banks in California. Bank of the Sierra serves customers in Central and Southern California through 46 full-service branches, offering a full range of banking and investment services.
Sierra Bancorp prides itself on being deeply rooted in the communities it serves and is dedicated to providing personalized and high-quality customer service. The company’s focus is on building strong relationships with its customers and supporting local businesses and organizations.
In addition to traditional banking services, Sierra Bancorp also offers wealth management, insurance, and real estate services through its subsidiaries. The company is committed to responsible and sustainable growth, and has received multiple awards and recognition for its financial performance, community involvement, and ethical business practices.
As of September 2021, Sierra Bancorp has approximately $3.1 billion in assets and employs over 800 people. It is publicly traded on the NASDAQ Global Select Market under the ticker symbol BSRR.
1. Local Focus: Sierra Bancorp is a community bank that focuses on serving the financial needs of its local communities in California’s Central Valley and Sierra Foothills. They have deep roots in the communities they serve and are committed to supporting their local economies.
2. Strong Financial Performance: Sierra Bancorp has consistently posted strong financial results over the years, with steady revenue growth and healthy profitability. This has allowed them to maintain a strong balance sheet and provide a stable source of funding for their lending activities.
3. Customer Service: The bank is known for its exceptional customer service, which is reflected in its high customer satisfaction ratings. Sierra Bancorp prides itself on building long-term relationships with its customers and providing personalized banking solutions.
4. Diverse Business Lines: The company offers a diverse range of financial products and services, including commercial and retail banking, online and mobile banking, wealth management, and insurance services. This allows them to cater to the diverse needs of their customers and generate multiple streams of revenue.
5. Socially Responsible: Sierra Bancorp is committed to being a socially responsible company, with a focus on environmental sustainability, community development, and ethical business practices.
6. Strong Corporate Governance: The company has a strong track record of corporate governance, with a board of directors that includes industry experts and a management team with decades of banking experience.
7. Technology-driven: Sierra Bancorp has invested in modern technology to enhance its services, improve efficiency, and provide a seamless banking experience for its customers.
8. Recognition: The company has been consistently recognized as one of the best-performing community banks in the nation, with numerous awards and accolades for its financial performance, customer service, and community involvement.
1. Sierra Bancorp is a bank holding company that operates through its subsidiary bank, Bank of the Sierra.
2. The company was founded in 1977 and is headquartered in Porterville, California.
3. Sierra Bancorp’s stock is traded on the NASDAQ Global Select Market under the ticker symbol BSRR.
4. The bank has a total of 42 branches located throughout California.
5. As of December 2020, the company had total assets of $3.4 billion.
6. Sierra Bancorp has been recognized as one of America’s 100 Best Banks by Forbes for six consecutive years.
7. The company has also received awards for being one of the Best Banks to Work For and one of the Healthiest Banks in America.
8. Sierra Bancorp has a strong commitment to its local communities and has donated over $3 million to various charitable organizations.
9. In addition to traditional banking services, the company also offers online and mobile banking, investment services, and insurance services through its subsidiary, Sierra Financial Services, Inc.
10. Sierra Bancorp has a strong focus on sustainability and has implemented environmentally-friendly practices, such as solar panels, at many of its branches.
Sierra Bancorp’s primary line of business is banking and financial services. They offer a range of products and services, including personal and business checking and savings accounts, loans, mortgages, wealth management, and online banking.
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