Stellar Bancorp Inc

Stellar Bancorp, Inc. engages in the provision of banking and financial services. The company is headquartered in Houston, TX.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stellar Bancorp Inc (STEL) reports solid Q4 performance and strategic growth outlook

Stellar Bancorp Inc (STEL) navigates uncertain economic conditions with a proactive approach. Strong emphasis on core funding, relationship banking, and protecting core margin. Management optimistic for the future, balancing caution with growth opportunities.

Stellar Bancorp Inc posts robust Q1 earnings amid industry challenges

Stellar Bancorp Inc delivered a strong Q1 performance with a focus on liquidity, capital, and credit management amidst industry challenges.
Despite deposit runoff, the bank's strong customer relationships and stable funding sources position it well for future growth and stability.
Management's prudent approach to buybacks, dividends, and tax management reflects a commitment to enhancing shareholder value and financial resilience.

Stellar Bancorp Inc reports solid Q2 earnings amid industry challenges

Stellar Bancorp Inc's Q2 performance reflects resilience amidst challenges, with a strong focus on credit management and strategic positioning.
The company's proactive approach to capital, liquidity, and credit management underscores its readiness to navigate uncertainties and pursue growth opportunities.
Despite margin pressure and economic uncertainties, Stellar Bancorp Inc remains optimistic about managing through the current environment and enhancing operational efficiency.

Stellar Bancorp Inc reports strong Q3 earnings amidst fee challenges

Stellar Bancorp Inc delivered solid financial performance in Q3 2023, with robust earnings and improved regulatory capital ratios, despite challenges in deposit pressure and fee management.
The company's strategic focus on capital building, liquidity, and prudent expense management positions it well for future growth opportunities and potential shareholder value enhancements.
While facing muted loan growth and fee challenges, Stellar Bancorp Inc remains agile in managing its balance sheet, seizing opportunities for operational efficiency and sustained profitability.

Stellar Bancorp posts solid Q4 earnings, eyes strategic growth in 2024

Stellar Bancorp's Q4 2023 performance reflects resilience and stability, supported by strong financial metrics and a focus on core operational aspects like capital and liquidity.
While challenges like elevated expenses persist, the company's strategic positioning and emphasis on prudent financial management offer opportunities for growth and value creation in 2024.
Analysts' inquiries into key operational areas indicate a proactive approach to addressing market dynamics and optimizing performance, positioning Stellar Bancorp for continued success in the financial landscape.

Stellar Bancorp Inc reports solid Q1 earnings amidst market challenges

Stellar Bancorp Inc's Q1 performance reflects a focus on capital, liquidity, and credit quality amidst market challenges.
While facing some challenges in net interest income and credit provisioning, the bank maintains a strong capital position.
Opportunities lie in strategic investments, improving core deposit trends, and maintaining a vigilant approach to credit risk.

Stellar Bancorp Inc reports solid Q2 earnings, eyes M&A opportunities

Stellar Bancorp Inc delivered a strong Q2 performance, showcasing stability, profitability, and strategic focus on risk management. While maintaining a healthy balance sheet and capital position, the company aims to leverage opportunities in M&A and talent recruitment for future growth.

Stellar Bancorp reports robust Q3 earnings and eyes strategic growth

Stellar Bancorp's Q3 2024 performance reflects strong profitability, capital adequacy, and strategic initiatives to enhance shareholder value.
While the company faces challenges in deploying excess capital and managing costs, exploring M&A opportunities and optimizing operations present avenues for growth.
By focusing on sustained credit quality and operational efficiency, Stellar Bancorp aims to drive long-term financial health and value creation for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Stellar Bancorp, Inc. Is a holding company, which engages in the provision of commercial banking services such as personal and commercial banking, real estate loans, and investment services, as well as offers deposits, debit and credit cards, cash management, treasury, and online banking services primarily to small and medium-sized businesses, professionals, and individual customers. The company was founded in 2007 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on December 31, 2024, to the shareholders of record at the close of business on December 13, 2024. This is an increase of $0.01 per share from the previous quarterly dividend of $0.13 per common share. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houst.

Stellar Bancorp, Inc. Announces Increase in Quarterly Dividend

Stellar Bancorp, Inc. (NYSE:STEL ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Courtney Theriot - Executive Vice President, Chief Accounting Officer and Controller, Stellar Bank Robert Franklin, Jr. - Chief Executive Officer Paul Egge - Chief Financial Officer Ramon Vitulli - President, Stellar Bancorp, Inc., and Chief Executive Officer of Stellar Bank Conference Call Participants David Feaster, Jr. - Raymond James Matthew Olney - Stephens Unidentified Participant - Piper Sandler Catherine Mealor - KBW Operator Greeting, and welcome to the Stellar Bancorp, Inc. Q3 2024 Earnings Release Conference Call. At this time, all participants are in listen only mode.

Stellar Bancorp, Inc. (STEL) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Stellar Bancorp (STEL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Stellar Bancorp (STEL) Q3 Earnings: A Look at Key Metrics

Stellar Bancorp (STEL) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.58 per share a year ago.

Stellar Bancorp (STEL) Beats Q3 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced the intention of Stellar Bank, its wholly-owned subsidiary (“the Bank”), to redeem all of the Bank's $40.0 million aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due December 15, 2027 (“the Notes”). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date. In ac.

Stellar Bancorp, Inc. Announces Redemption of Subordinated Notes

HOUSTON--(BUSINESS WIRE)--STELLAR BANCORP, INC. REPORTS THIRD QUARTER 2024 RESULTS.

Stellar Bancorp, Inc. Reports Third Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) will hold a conference call to discuss its third quarter 2024 results on Friday, October 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on October 25, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Partic.

Stellar Bancorp, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Date

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that on August 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on September 30, 2024 to the Company's shareholders of record as of the close of business on September 13, 2024. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principa.

Stellar Bancorp, Inc. Declares Quarterly Dividend

Stellar Bancorp, Inc. (NYSE:STEL ) Q2 2024 Results Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Courtney Theriot - Executive Vice President, Chief Accounting Officer and Controller, Stellar Bank Robert Franklin, Jr. - Chief Executive Officer Paul Egge - Chief Financial Officer Ramon Vitulli - President, Stellar Bancorp, Inc., and Chief Executive Officer of Stellar Bank Conference Call Participants David Feaster, Jr. - Raymond James & Associates, Inc. Will Jones - Keefe, Bruyette & Woods, Inc. Matthew Olney - Stephens, Inc. John Rodis - Janney Montgomery Scott, LLC Operator Thank you for standing by. At this time, I'd like to welcome everyone to the Stellar Bancorp, Inc. Q2 2024 Earnings Call.

Stellar Bancorp, Inc. (STEL) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Stellar Bancorp (STEL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Stellar Bancorp (STEL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Stellar Bancorp (STEL) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.66 per share a year ago.

Stellar Bancorp (STEL) Beats Q2 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024 compared to net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024. “We are pleased to announce our second quarter 2024 results,” said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. “Our disciplined focus on capital, credit and liquidity.

Stellar Bancorp, Inc. Reports Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. Announces Second Quarter 2024 Earnings Release will be July 26, 2024 at 8:00 AM Central Time.

Stellar Bancorp, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Date

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that on May 23, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on June 28, 2024 to the Company's shareholders of record as of the close of business on June 14, 2024. The Company also announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $6.

Stellar Bancorp, Inc. Declares Quarterly Dividend and New Share Repurchase Program

HOUSTON--(BUSINESS WIRE)--On March 20, 2024, S&P Global Market Intelligence released its annual rankings for 2023's top performing U.S. public banks with more than $10 billion in total assets. Stellar Bancorp, Inc. (“Stellar”) (NYSE: STEL), the holding company for Stellar Bank, was ranked third among the 100 banks in the analysis. S&P Global Market Intelligence ranks institutions based on returns, growth and funding, but places a premium on the strength and risk profile of balance sheet.

Stellar Bancorp, Inc. Named the Third Best Performing U.S. Public Bank in the Country in S&P Global Market Intelligence's Annual Rankings

Stellar Bancorp, Inc. (NYSE:STEL ) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Courtney Theriot - Chief Accounting Officer Robert Franklin - CEO Paul Egge - CFO Ramon Vitulli - President & CEO of the Bank Conference Call Participants David Feaster - Raymond James Matt Olney - Stephens John Rodis - Janney Operator Ladies and gentlemen, thank you for standing by, and welcome to the Stellar Bancorp, Inc. First Quarter 2024 Earnings Call. [Operator Instructions] I will now hand today's call over to Courtney Theriot, Chief Accounting Officer.

Stellar Bancorp, Inc. (STEL) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Stellar Bancorp (STEL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Stellar Bancorp (STEL) Reports Q1 Earnings: What Key Metrics Have to Say

Stellar Bancorp (STEL) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.70 per share a year ago.

Stellar Bancorp (STEL) Q1 Earnings and Revenues Beat Estimates

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. Q1 2024 Earnings Release.

Stellar Bancorp, Inc. Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Stellar announces date and time for Q1 earnings call.

Stellar Bancorp, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Date

Navient

New York Community Bancorp

Peoples Bancorp

Timberland Bancorp

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Top 5 Financial Stocks That Could Lead To Your Biggest Gains In Q1

Stellar Bancorp, Inc. (STEL) Q4 2023 Earnings Call Transcript

The headline numbers for Stellar Bancorp (STEL) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Stellar Bancorp (STEL) Q4 Earnings: A Look at Key Metrics

Stellar Bancorp (STEL) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.04 per share a year ago.

Stellar Bancorp (STEL) Q4 Earnings Lag Estimates

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $27.3 million, or diluted earnings per share of $0.51, for the fourth quarter 2023 and net income of $130.5 million, or diluted earnings per share of $2.45, for the year ended December 31, 2023. During the fourth quarter, the Company recorded certain nonrecurring noninterest expense items, including the FDIC special insurance assessment expense of $2.4 million. “We are pleased.

News for Stellar Bancorp Inc Stock (STEL)