💨 Abstract

The Associated Press reported that Sierra Bancorp, a Porterville, California-based bank, posted first-quarter net income of $9.1 million, with earnings of 65 cents per share. This figure fell short of Wall Street expectations of 66 cents per share. The bank's revenue also fell short of projections, with revenue net of interest expense at $36.8 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖