Demonstrações financeiras detalhadas de Sierra Bancorp (BSRR): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Sierra Bancorp registou receitas de $202.0M no último exercício, com um CAGR de 5 anos de 9.7%. O lucro líquido atingiu $42.3M, com CAGR de 5 anos de 3.6%.
Margens dos últimos 12 meses: margem bruta 75.1%, margem operacional 30.1%, margem líquida 22.6%. O fluxo de caixa livre cresceu a CAGR de -2.8% em 5 anos.
Ao preço atual de $40.59, BSRR negocia a um P/L de 11.70 e um ROE de 12.38%. A capitalização de mercado é de $531M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $84.3M | $97.2M | $116.6M | $125.8M | $127.0M | $131.4M | $142.5M | $168.9M | $191.1M | $202.0M |
| Custo da Receita | $3.3M | $4.1M | $13.6M | $16.1M | $14.0M | $400000 | $22.8M | $54.4M | $57.1M | $52.8M |
| Lucro Bruto | $81.0M | $93.2M | $103.1M | $109.7M | $113.1M | $131.0M | $119.7M | $114.5M | $134.0M | $149.2M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $31.0M | $34.5M | $39.7M | $39.1M | $42.1M | $44.0M | $48.8M | $53.2M | $51.8M | $65.1M |
| Despesas Operacionais | $54.6M | $60.0M | $63.5M | $61.9M | $66.5M | $73.8M | $74.8M | $68.0M | $80.2M | $92.8M |
| Lucro Operacional | $26.4M | $33.2M | $39.6M | $47.7M | $46.5M | $57.2M | $44.9M | $46.5M | $53.9M | $56.4M |
| EBITDA | $29.2M | $36.7M | $43.8M | $51.8M | $50.6M | $61.5M | $48.5M | $49.7M | $56.7M | $59.0M |
| Despesas com Juros | $3.3M | $5.2M | $9.2M | $13.6M | $5.4M | $4.0M | $12.2M | $50.7M | $52.3M | $46.7M |
| Lucro Antes de Impostos | $26.4M | $33.2M | $39.6M | $47.7M | $46.5M | $57.2M | $44.9M | $46.5M | $53.9M | $56.3M |
| Imposto | $8.8M | $13.6M | $9.9M | $11.8M | $11.1M | $14.2M | $11.3M | $11.6M | $13.3M | $14.0M |
| Lucro Líquido | $17.6M | $19.5M | $29.7M | $36.0M | $35.4M | $43.0M | $33.7M | $34.8M | $40.6M | $42.3M |
| LPA | $1.30 | $1.38 | $1.94 | $2.35 | $2.33 | $2.82 | $2.25 | $2.37 | $2.84 | $3.14 |
| LPA Diluído | $1.29 | $1.36 | $1.92 | $2.33 | $2.32 | $2.80 | $2.24 | $2.36 | $2.82 | $3.11 |
| Ações em Circulação (Diluídas) | $13.7M | $14.4M | $15.4M | $15.4M | $15.3M | $15.4M | $15.0M | $14.7M | $14.4M | $13.6M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $49.7M | $50.6M | $49.2M | $49.5M |
| Lucro Bruto | $34.0M | $40.2M | $38.6M | $36.8M |
| Lucro Operacional | $12.7M | $17.2M | $16.7M | $13.3M |
| EBITDA | $13.4M | $17.8M | $17.3M | $13.8M |
| Lucro Líquido | $9.7M | $12.9M | $12.5M | $9.9M |
| LPA | $0.73 | $0.97 | $0.96 | $0.78 |
| LPA Diluído | $0.72 | $0.97 | $0.96 | $0.76 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $120.4M | $70.1M | $74.1M | $80.1M | $71.4M | $257.5M | $77.1M | $78.6M | $100.7M | $135.6M |
| Investimentos de Curto Prazo | $530.1M | $558.3M | $560.5M | $600.8M | $544.0M | $973.3M | $934.9M | $1.02B | $656.0M | $469.4M |
| Contas a Receber | $6.4M | $7.7M | $8.6M | $8.2M | $16.1M | $11.2M | $18.4M | $20.3M | $16.0M | $14.2M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $656.9M | $636.1M | $643.2M | $689.1M | $631.5M | $1.24B | $1.03B | $1.12B | $772.6M | $619.2M |
| Imobilizado | $28.9M | $29.4M | $29.5M | $27.4M | $27.5M | $23.6M | $22.5M | $16.9M | $15.2M | $15.0M |
| Ágio | $8.3M | $27.4M | $27.4M | $27.4M | $27.4M | $27.4M | $27.4M | $27.4M | $27.4M | $27.4M |
| Ativos Intangíveis | $2.8M | $6.2M | $6.5M | $5.4M | $4.3M | $3.3M | $2.3M | $1.4M | $618000 | $52000 |
| Ativos Totais | $2.03B | $2.34B | $2.52B | $2.59B | $3.22B | $3.37B | $3.61B | $3.73B | $3.61B | $3.83B |
| Contas a Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $73.1M | $30.1M | $72.5M | $45.7M | $182.0M | $106.9M | $328.2M | $387.6M | $108.9M | $353.6M |
| Passivos Circulantes | $1.77B | $2.02B | $2.19B | $2.21B | $2.81B | $2.89B | $3.17B | $3.15B | $3.00B | $3.23B |
| Dívida de Longo Prazo | $34.4M | $34.6M | $34.8M | $34.9M | $35.1M | $84.4M | $84.7M | $165.0M | $165.2M | $165.5M |
| Passivos Totais | $1.83B | $2.08B | $2.25B | $2.28B | $2.88B | $3.01B | $3.31B | $3.39B | $3.26B | $3.46B |
| Reservas | $132.2M | $144.2M | $164.1M | $186.9M | $208.4M | $234.4M | $243.1M | $259.1M | $275.1M | $280.0M |
| Patrimônio Líquido | $205.9M | $255.9M | $273.0M | $309.3M | $343.9M | $362.5M | $303.6M | $338.1M | $357.3M | $364.9M |
| Dívida Total | $107.5M | $64.6M | $107.2M | $80.7M | $217.2M | $191.4M | $412.9M | $552.6M | $274.1M | $519.1M |
| Dívida Líquida | -$543.0M | -$563.8M | -$527.4M | -$600.2M | -$398.2M | -$1.04B | -$599.2M | -$545.2M | -$482.5M | -$85.9M |
| Capital de Giro | -$1.11B | -$1.38B | -$1.55B | -$1.52B | -$2.18B | -$1.65B | -$2.14B | -$2.03B | -$2.23B | -$2.61B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $95.5M | $135.6M | $156.4M | $142.7M |
| Ativos Totais | $3.71B | $3.83B | $3.75B | $3.72B |
| Passivos Totais | $3.35B | $3.46B | $3.39B | $3.35B |
| Patrimônio Líquido | $360.1M | $364.9M | $363.7M | $366.9M |
| Dívida Total | $369.3M | $519.1M | $398.4M | $208.0M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $17.6M | $19.5M | $29.7M | $36.0M | $35.4M | $43.0M | $33.7M | $34.8M | $40.6M | $42.3M |
| Depreciação e Amortização | $2.9M | $3.5M | $4.2M | $4.1M | $4.1M | $4.3M | $3.5M | $3.2M | $2.9M | $2.6M |
| Compensação em Ações | $188000 | $476000 | $373000 | $490000 | $688000 | $995000 | $1.3M | $1.7M | $2.0M | $2.2M |
| Variação Capital de Giro | -$5.0M | $12.9M | -$13.3M | -$2.0M | -$11.5M | $2.9M | -$18.5M | $9.7M | $1.5M | -$21.3M |
| Fluxo de Caixa Operacional | $15.6M | $40.7M | $30.4M | $46.7M | $40.0M | $52.7M | $33.6M | $53.2M | $57.2M | $33.7M |
| CapEx | -$3.6M | -$2.1M | -$3.1M | -$783000 | -$2.9M | -$371000 | -$1.3M | -$1.4M | -$1.2M | -$1.5M |
| Aquisições | $15.7M | $61.6M | -$6000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Ações | -$2.3M | 0 | 0 | -$2.5M | -$2.6M | -$5.2M | -$5.2M | -$8.9M | -$15.8M | -$31.8M |
| Dividendos Pagos | -$6.5M | -$7.9M | -$9.8M | -$11.3M | -$12.2M | -$13.2M | -$13.9M | -$13.7M | -$13.6M | -$13.7M |
| Fluxo de Caixa Livre | $12.0M | $38.5M | $27.3M | $46.0M | $37.1M | $52.3M | $32.3M | $51.8M | $56.0M | $32.2M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $14.9M | $14.0M | $11.1M | $5.5M |
| CapEx | -$244000 | -$452000 | -$83000 | $83000 |
| Fluxo de Caixa Livre | $14.7M | $13.5M | $11.0M | $5.6M |
| Dividendos Pagos | -$3.4M | -$3.4M | -$3.4M | -$3.4M |
| Compensação em Ações | $436000 | $734000 | $494000 | $491000 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +15.3% | +19.9% | +7.8% | +1.0% | +3.5% | +8.4% | +18.6% | +13.2% | +5.7% |
| Crescimento Lucro Líquido (anual) | | +11.2% | +51.9% | +21.2% | -1.4% | +21.4% | -21.7% | +3.5% | +16.4% | +4.4% |
| Crescimento LPA (anual) | | +6.2% | +40.6% | +21.1% | -0.9% | +21.0% | -20.2% | +5.3% | +19.8% | +10.6% |
| Variação de Ações (anual) | | +5.2% | +7.5% | +0.0% | -1.0% | +0.5% | -2.1% | -1.9% | -2.3% | -5.6% |
| Crescimento FCF (anual) | | +221.3% | -29.1% | +68.2% | -19.2% | +40.9% | -38.2% | +60.5% | +8.0% | -42.5% |
| Margem Bruta | 96.1% | 95.8% | 88.3% | 87.2% | 89.0% | 99.7% | 84.0% | 67.8% | 70.1% | 73.9% |
| Margem Operacional | 31.3% | 34.1% | 33.9% | 37.9% | 36.6% | 43.5% | 31.5% | 27.5% | 28.2% | 27.9% |
| Margem EBITDA | 34.7% | 37.8% | 37.5% | 41.2% | 39.9% | 46.8% | 34.0% | 29.4% | 29.7% | 29.2% |
| Margem Líquida | 20.8% | 20.1% | 25.4% | 28.6% | 27.9% | 32.7% | 23.6% | 20.6% | 21.2% | 21.0% |
| Margem FCF | 14.2% | 39.6% | 23.4% | 36.5% | 29.2% | 39.8% | 22.7% | 30.7% | 29.3% | 15.9% |
| Taxa Efetiva de Imposto | 33.4% | 41.1% | 25.0% | 24.6% | 23.8% | 24.8% | 25.1% | 25.0% | 24.7% | 24.9% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $0.88 | $2.68 | $1.77 | $2.98 | $2.43 | $3.41 | $2.15 | $3.52 | $3.89 | $2.37 |
| Dividendo por Ação | $0.48 | $0.55 | $0.63 | $0.73 | $0.80 | $0.86 | $0.93 | $0.93 | $0.95 | $1.01 |
| Ações em Circulação (Básicas) | $13.5M | $14.2M | $15.3M | $15.3M | $15.2M | $15.2M | $15.0M | $14.7M | $14.3M | $13.5M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 12.38% |
| Retorno sobre capital investido | 5.71% |
| Retorno sobre ativos | 1.21% |
| Margem bruta | 75.15% |
| Margem operacional | 30.09% |
| Margem líquida | 22.63% |
Saúde financeira
| Dívida / Patrimônio | 0.57 |
| Liquidez corrente | 0.34 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 20.45 | 19.25 | 12.39 | 12.39 | 10.27 | 9.63 | 9.44 | 9.51 | 10.18 | 10.41 |
| P/VP | 1.75 | 1.47 | 1.34 | 1.44 | 1.06 | 1.14 | 1.05 | 0.98 | 1.16 | 1.21 |
| P/V | 4.27 | 3.87 | 3.14 | 3.54 | 2.87 | 3.15 | 2.23 | 1.96 | 2.16 | 2.18 |
| Margem Bruta | 96.1% | 95.8% | 88.3% | 87.2% | 89.0% | 99.7% | 84.0% | 67.8% | 70.1% | 73.9% |
| Margem Operacional | 31.3% | 34.1% | 33.9% | 37.9% | 36.6% | 43.5% | 31.5% | 27.5% | 28.2% | 27.9% |
| Margem Líquida | 20.8% | 20.1% | 25.4% | 28.6% | 27.9% | 32.7% | 23.6% | 20.6% | 21.2% | 21.0% |