Critical Comparison: Sierra Bancorp (NASDAQ:BSRR) vs. SouthState (NASDAQ:SSB)
Sierra Bancorp (NASDAQ:BSRR – received rating) and SouthState (NASDAQ:SSB – received rating) are both financial companies, but which is the parent company? We will compare the two companies based on their valuation, earnings, risk, analyst recommendations, dividends, institutional ownership, and profitability.
This table compares the net margins, return on equity and return on assets of Sierra Bancorp and SouthState.
|net margins||return on equity||return on investment|
Sierra Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 3.7%. SouthState pays an annual dividend of $1.96 per share and has a dividend yield of 2.4%. Sierra Bancorp pays out 32.9% of its earnings in the form of a dividend. SouthState pays out 29.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with profits for the next several years. Sierra Bancorp has increased its dividend for 10 straight years and SouthState has increased its dividend for 10 straight years.
This is a breakdown of the most recent ratings for Sierra Bancorp and SouthState as provided by MarketBeat.
|sell reviews||keep ratings||Buy reviews||Strong buy recommendations||rating score|
SouthState has a consensus price target of $82.43, indicating a potential downside of 0.37%. Given SouthState’s stronger consensus rating and more likely upside potential, analysts clearly believe SouthState is cheaper than Sierra Bancorp.
Insider and Institutional Property
Institutional investors hold 53.3% of Sierra Bancorp’s shares. In comparison, 84.3% of SouthState stock is held by institutional investors. Insiders own 11.9% of Sierra Bancorp’s shares. By comparison, 1.9% of SouthState stock is held by insiders. Strong institutional ownership is an indication that hedge funds, endowments, and large wealth managers believe a company is poised for long-term growth.
evaluation and result
This table compares the revenue, earnings per share (EPS) and valuation of Sierra Bancorp and SouthState.
|gross receipts||price/sales ratio||net income||earnings per share||price-earnings ratio|
|Sierra Bancorp||$141.15 million||2.67||$43.01 million||$2.80||8.91|
|southern state||$1.44 billion||3.95||$475.54 million||$6.71||12.33|
SouthState has higher revenues and earnings than Sierra Bancorp. Sierra Bancorp is trading at a lower price-to-earnings ratio than SouthState, suggesting that it is currently the cheaper of the two stocks.
risk and volatility
Sierra Bancorp has a beta of 1.1, indicating its stock price is 10% more volatile than the S&P 500. In comparison, SouthState has a beta of 0.83, indicating its stock price is 17% less volatile than the S&P 500.
SouthState beats Sierra Bancorp on 12 of the 16 factors compared between the two stocks.
About Sierra Bancorp (received rating)
Sierra Bancorp acts as the bank holding company for Bank of the Sierra, which provides retail and commercial banking services to individuals and businesses in California. The company accepts various insoles products such as: B. checking accounts, savings accounts, money market accounts, term deposits, retirement accounts and sweep accounts. Lending products include agricultural, commercial, consumer, real estate, construction and mortgage loans. The company also offers ATMs; electronic payment alternatives at the point of sale; online and automated banking by telephone; and remote deposit collection and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, one online branch, a credit production bureau, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
About southern state (received rating)
SouthState Corporation functions as the bank holding company of SouthState Bank, National Association, which provides a range of banking services and products to individuals and businesses. Checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit, money market accounts and other time deposits are accepted. The Company also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, and consumer loans, including auto, boat, and personal installment loans. It also offers debit card, mobile and money transfer products and treasury management services including merchant, automated clearing house, safe deposit box, remote deposit capture and other treasury services. In addition, the Company offers safe deposit boxes, money orders, remittances, brokerage services and alternative investment products including annuities, mutual funds, and trustee and wealth management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 stores in Florida, South Carolina, Alabama, Georgia, North Carolina and Virginia. SouthState Corporation also serves its customers through online, mobile and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
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