Sierra Bancorp Announces 4% Increase in Quarterly Cash Dividend
Sierra Bancorp (BSRR) has announced a 4% increase in its quarterly cash dividend to $0.25 per share, up $0.01 from the previous quarter. The dividend will be paid on February 14, 2025, to shareholders of record as of January 31, 2025.
This marks the company's 104th consecutive quarterly cash dividend, continuing a tradition of regular dividend payments that began in 1987. The dividend increase was approved following the Board's review of the company's financial performance and capital position for the quarter ended December 31, 2024.
Bank of the Sierra, the company's subsidiary, operates in its 48th year as one of the largest independent banks in the South San Joaquin Valley, serving multiple California counties through full-service branches and specialized lending services. The bank received a 5-star rating from Bauer Financial in 2024, recognizing it as one of the strongest community banks in the country.
Sierra Bancorp (BSRR) ha annunciato un aumento del 4% del suo dividendo in contante trimestrale, portandolo a $0.25 per azione, in aumento di $0.01 rispetto al trimestre precedente. Il dividendo sarà pagato il 14 febbraio 2025 agli azionisti registrati al 31 gennaio 2025.
Questo segna il 104° dividendo in contante trimestrale consecutivo dell'azienda, continuando una tradizione di pagamenti regolari di dividendo iniziata nel 1987. L'aumento del dividendo è stato approvato dopo la revisione da parte del Consiglio delle prestazioni finanziarie e della posizione di capitale dell'azienda per il trimestre conclusosi il 31 dicembre 2024.
Bank of the Sierra, la sussidiaria dell'azienda, opera nel suo 48° anno come una delle più grandi banche indipendenti nella South San Joaquin Valley, servendo molte contee della California attraverso filiali a servizio completo e servizi di prestito specializzati. La banca ha ricevuto una valutazione di 5 stelle da Bauer Financial nel 2024, riconoscendola come una delle banche comunitarie più forti del paese.
Sierra Bancorp (BSRR) ha anunciado un aumento del 4% en su dividendo en efectivo trimestral, elevándolo a $0.25 por acción, un incremento de $0.01 respecto al trimestre anterior. El dividendo se pagará el 14 de febrero de 2025 a los accionistas registrados al 31 de enero de 2025.
Esto marca el 104º dividendo en efectivo trimestral consecutivo de la compañía, continuando una tradición de pagos regulares de dividendos que comenzó en 1987. El aumento del dividendo fue aprobado tras la revisión del desempeño financiero y la posición de capital de la empresa para el trimestre terminado el 31 de diciembre de 2024.
Bank of the Sierra, la subsidiaria de la compañía, opera en su 48º año como uno de los bancos independientes más grandes en el Valle de San Joaquín del Sur, sirviendo a múltiples condados de California a través de sucursales de servicio completo y servicios de préstamos especializados. El banco recibió una calificación de 5 estrellas de Bauer Financial en 2024, reconociéndolo como uno de los bancos comunitarios más fuertes del país.
시에라 뱅코프 (BSRR)는 분기 현금 배당금을 주당 $0.25로 4% 인상한다고 발표했으며, 이는 이전 분기보다 $0.01 증가한 것입니다. 배당금은 2025년 2월 14일에 2025년 1월 31일 기준 주주에게 지급될 예정입니다.
이는 회사의 104번째 연속 분기 현금 배당금으로, 1987년부터 시작된 정기 배당금 지급 전통을 이어가는 것입니다. 배당금 인상은 2024년 12월 31일 종료된 분기의 재무 성과 및 자본 위치에 대한 이사회의 검토 후 승인되었습니다.
시 에라 뱅크, 회사의 자회사, 는 독립 은행 중 하나로서 48년째 활동하며, 전체 서비스 지점과 전문 대출 서비스를 통해 캘리포니아의 여러 카운티에 서비스를 제공합니다. 이 은행은 2024년에 바우어 파이낸셜로부터 5성급 평가를 받아 미국의 가장 강력한 커뮤니티 은행 중 하나로 인정받았습니다.
Sierra Bancorp (BSRR) a annoncé une augmentation de 4% de son dividende en espèces trimestriel, le portant à 0,25 $ par action, soit une hausse de 0,01 $ par rapport au trimestre précédent. Le dividende sera payé le 14 février 2025 aux actionnaires enregistrés au 31 janvier 2025.
Ceci marque le 104ème dividende en espèces trimestriel consécutif de la société, poursuivant une tradition de paiements réguliers de dividendes commencée en 1987. L'augmentation du dividende a été approuvée après l'examen par le Conseil de la performance financière et de la position du capital de l'entreprise pour le trimestre se terminant le 31 décembre 2024.
La Bank of the Sierra, la filiale de l'entreprise, opère depuis sa 48ème année en tant que l'une des plus grandes banques indépendantes de la vallée de San Joaquin du Sud, servant plusieurs comtés de Californie par le biais de succursales de services complets et de services de prêt spécialisés. La banque a reçu une note de 5 étoiles de Bauer Financial en 2024, la reconnaissant comme l'une des banques communautaires les plus solides du pays.
Sierra Bancorp (BSRR) hat eine Erhöhung der quartalsweisen Bar-Dividende um 4% auf 0,25 $ pro Aktie angekündigt, was eine Steigerung von 0,01 $ im Vergleich zum vorherigen Quartal bedeutet. Die Dividende wird am 14. Februar 2025 an die Aktionäre, die am 31. Januar 2025 registriert sind, ausgezahlt.
Dies markiert die 104. aufeinanderfolgende quartalsmäßige Bar-Dividende des Unternehmens und setzt eine Tradition regelmäßiger Dividendenzahlungen fort, die 1987 begann. Die Dividendensteigerung wurde nach der Überprüfung der finanziellen Leistung und der Kapitalposition des Unternehmens für das am 31. Dezember 2024 endende Quartal vom Vorstand genehmigt.
Die Bank of the Sierra, die Tochtergesellschaft des Unternehmens, ist im 48. Jahr tätig und gehört zu den größten unabhängigen Banken im südlichen San Joaquin Valley und bedient mehrere Bezirke in Kalifornien durch vollwertige Filialen und spezialisierte Kreditdienstleistungen. Die Bank erhielt 2024 von Bauer Financial eine 5-Sterne-Bewertung, die sie als eine der stärksten Genossenschaftsbanken des Landes auszeichnet.
- Increased quarterly dividend by 4% to $0.25 per share
- Maintained 104 consecutive quarters of dividend payments
- Received 5-star rating from Bauer Financial in 2024
- Strong presence as one of the largest independent banks in South San Joaquin Valley
- None.
Sierra Bancorp is the holding Company for Bank of the Sierra (www.bankofthesierra.com), which is in its 48th year of operations and is one of the largest independent banks headquartered in the
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward-looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties including but not limited to the health of the national and local economies including the impact to the Company and its customers resulting from changes to, and the level of, inflation and interest rates; changes in laws, rules, regulations, or interpretations to which the Company is subject; the Company’s ability to maintain and grow its deposit base; loan demand and continued portfolio performance, the Company's ability to attract and retain skilled employees, customers' service expectations; cyber security risks: the Company's ability to successfully deploy new technology, the success of acquisitions and branch expansion; operational risks including the ability to detect and prevent errors and fraud; the effectiveness of the Company’s enterprise risk management framework; the impact of adverse developments at other banks, including bank failures, that impact general sentiment regarding the stability and liquidity of banks that could affect stock price; changes to valuations of the Company’s assets and liabilities including the allowance for credit losses, earning assets, and intangible assets; changes to the availability of liquidity sources including borrowing lines and the ability to pledge or sell certain assets; costs related to litigation; the effects of severe weather events, pandemics, other public health crises, acts of war or terrorism, and other external events on our business; and other factors detailed in the Company's SEC filings, including the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recent Form 10-K and Form 10-Q.
Category: Financial
Source: Sierra Bancorp
View source version on businesswire.com: https://www.businesswire.com/news/home/20250124517384/en/
Contact: Kevin McPhaill, President/Chief Executive Officer
Phone: (559) 782-4900 or (888) 454-BANK
Website Address: www.sierrabancorp.com
Source: Sierra Bancorp
FAQ
What is Sierra Bancorp's (BSRR) new quarterly dividend amount for 2025?
When will BSRR's latest quarterly dividend be paid?
How long has Sierra Bancorp (BSRR) been paying consecutive quarterly dividends?
What rating did Bank of the Sierra receive from Bauer Financial in 2024?
How much did BSRR increase its dividend compared to the previous quarter?
