New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
18:20 EDTBSRRSierra Bancorp to acquire Santa Clara Valley Bank for $15.3M
Sierra Bancorp signed a definitive agreement to acquire Santa Clara Valley Bank of Santa Paula, California, for aggregate cash consideration of $15.3M. The consideration consists of $12.3M or $6.00 per share to common shareholders and cash consideration of $3.0M to preferred shareholders to retire outstanding preferred stock and associated warrants. Included in the $12.3M, Sierra will pay $700K to cash out existing in-the-money warrants. Sierra Bancorp expects the acquisition to be immediately accretive to EPS, and will yield a tangible book value earnback of less than 3.5 years and an IRR in excess of 20%.
News For BSRR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 20, 2015
08:01 EDTBSRRSierra Bancorp reports Q2 EPS 33c, consensus 31c
Reports Q2 net charge-off $169,000.
July 17, 2015
08:04 EDTBSRRSierra Bancorp board increases quarterly dividend by 22% to 11c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use