Stellar Bancorp Inc Financials

STEL

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Stellar Bancorp Inc (STEL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$6.4M

YoY-97.5%

5Y CAGR-44.0%

Stellar Bancorp Inc generated $6.4M in revenue in fiscal year 2024. This represents a decrease of 97.5% from the prior year.

EBITDA

N/A

Free Cash Flow

$128.0M

YoY+22.5%

5Y CAGR+29.9%

Stellar Bancorp Inc generated $128.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 22.5% from the prior year.

Net Income

$115.0M

YoY+41.0%

5Y CAGR+33.1%

Stellar Bancorp Inc reported $115.0M in net income in fiscal year 2024. This represents an increase of 41.0% from the prior year.

EPS (Diluted)

$2.15

YoY-23.8%

5Y CAGR+12.0%

Stellar Bancorp Inc earned $2.15 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 23.8% from the prior year.

Cash & Debt

$911.2M

YoY+20.3%

5Y CAGR+22.8%

Stellar Bancorp Inc held $911.2M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.53

YoY+55.9%

5Y CAGR+21.5%

Stellar Bancorp Inc paid $0.53 per share in dividends in fiscal year 2024. This represents an increase of 55.9% from the prior year.

Shares Outstanding

53M

YoY+85.2%

5Y CAGR+16.6%

Stellar Bancorp Inc had 53M shares outstanding in fiscal year 2024. This represents an increase of 85.2% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

1788.5%

YoY+1756.3pp

5Y CAGR+1764.9pp

Stellar Bancorp Inc's net profit margin was 1788.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1756.3 percentage points from the prior year.

Return on Equity

7.1%

YoY-2.8pp

5Y CAGR+1.0pp

Stellar Bancorp Inc's ROE was 7.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$2.8M

YoY-49.8%

Stellar Bancorp Inc spent $2.8M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 49.8% from the prior year.

Capital Expenditures

$4.7M

YoY+59.0%

5Y CAGR+36.3%

Stellar Bancorp Inc invested $4.7M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 59.0% from the prior year.

STEL Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$6.4M-97.5%	$253.2M+4.7%	$241.8M+57.6%	$153.4M+13.0%	$135.8M+16.4%	$116.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$194.4M+689.6%	$24.6M-37.0%	$39.1M+124.5%	$17.4M+56.8%	$11.1M+24.9%	$8.9M
Income Tax	$30.0M+63.3%	$18.3M+75.7%	$10.4M-9.8%	$11.6M+1.8%	$11.4M-30.9%	$16.5M
Net Income	$115.0M+41.0%	$81.6M+79.1%	$45.5M-9.9%	$50.5M+6.8%	$47.3M+71.5%	$27.6M
EPS (Diluted)	$2.15-23.8%	$2.82+80.8%	$1.56-22.8%	$2.02+6.9%	$1.89+54.9%	$1.22

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$1.5M-1.0%	$1.6M-1.5%	$1.6M+4.2%	$1.5M-6.2%	$1.6M+2.9%	$1.6M+16.8%	$1.3M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$44.8M+0.9%	$44.4M+3.0%	$43.1M-6.9%	$46.2M+3.8%	$44.5M+15.2%	$38.7M+57.3%	$24.6M	N/A
Income Tax	$6.5M-2.5%	$6.7M+6.7%	$6.3M-4.6%	$6.6M-11.9%	$7.4M-0.3%	$7.5M-24.7%	$9.9M	N/A
Net Income	$25.7M-2.6%	$26.4M+6.7%	$24.7M-9.4%	$27.3M-11.8%	$30.9M-12.1%	$35.2M-5.3%	$37.1M	N/A
EPS (Diluted)	$0.50-2.0%	$0.51+10.9%	$0.46-9.8%	$0.51-12.1%	$0.58-12.1%	$0.66-5.7%	$0.70	N/A

STEL Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$10.9B+53.5%	$7.1B+79.9%	$3.9B+13.5%	$3.5B+6.1%	$3.3B+6.4%	$3.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$911.2M+20.3%	$757.5M	N/A	N/A	N/A	$326.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$497.3M+122.4%	$223.6M0.0%	$223.6M0.0%	$223.6M+176.3%	$81.0M0.0%	$81.0M
Total Liabilities	$9.3B+47.9%	$6.3B+84.8%	$3.4B+15.6%	$2.9B+5.4%	$2.8B+5.9%	$2.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.6B+96.9%	$816.5M+7.6%	$758.7M+6.9%	$709.9M+45.6%	$487.6M+9.3%	$446.2M
Retained Earnings	$492.6M+84.4%	$267.1M+24.5%	$214.5M+6.7%	$201.1M+25.2%	$160.6M+35.7%	$118.4M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$10.6B+1.3%	$10.5B+0.6%	$10.4B-2.0%	$10.6B-0.2%	$10.7B-1.0%	$10.8B+1.6%	$10.6B-2.7%	$10.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$728.4M+26.0%	$578.1M+3.1%	$560.6M+40.4%	$399.2M+32.1%	$302.3M-0.6%	$304.1M+15.5%	$263.3M-29.2%	$371.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$497.3M0.0%	$497.3M0.0%	$497.3M0.0%	$497.3M0.0%	$497.3M0.0%	$497.3M0.0%	$497.3M0.0%	$497.3M
Total Liabilities	$9.0B+1.0%	$8.9B+0.7%	$8.8B-3.3%	$9.1B-0.9%	$9.2B-1.2%	$9.3B+1.8%	$9.2B-3.8%	$9.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.7B+3.1%	$1.6B-0.4%	$1.6B+5.9%	$1.5B+4.1%	$1.5B+0.1%	$1.5B+0.9%	$1.4B+4.6%	$1.4B
Retained Earnings	$547.7M+3.5%	$529.2M+3.8%	$510.1M+25.7%	$405.9M+5.3%	$385.6M+6.6%	$361.6M+8.5%	$333.4M+10.0%	$303.1M

STEL Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$132.6M+23.5%	$107.4M+75.9%	$61.1M+8.9%	$56.1M+13.7%	$49.3M+38.6%	$35.6M
Capital Expenditures	$4.7M+59.0%	$2.9M-59.2%	$7.2M	N/A	N/A	$992K
Free Cash Flow	$128.0M+22.5%	$104.4M+93.9%	$53.9M	N/A	N/A	$34.6M
Investing Cash Flow	$246.1M+132.6%	-$754.8M+21.5%	-$961.1M-406.5%	-$189.7M-28.4%	-$147.7M+20.3%	-$185.4M
Financing Cash Flow	$133.3M-86.4%	$982.2M+0.6%	$976.6M+689.8%	$123.6M-19.9%	$154.3M+64.2%	$93.9M
Dividends Paid	$28.3M+191.9%	$9.7M+18.8%	$8.2M-6.8%	$8.8M+75.9%	$5.0M+12.9%	$4.4M
Share Buybacks	$2.8M-49.8%	$5.7M-69.5%	$18.6M+619300.0%	$3K	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	N/A	N/A	-$5.7M	N/A	N/A	N/A	$49.0M	N/A
Capital Expenditures	N/A	N/A	$770K	N/A	N/A	N/A	$1.2M	N/A
Free Cash Flow	N/A	N/A	-$6.4M	N/A	N/A	N/A	$47.8M	N/A
Investing Cash Flow	N/A	N/A	$147.4M	N/A	N/A	N/A	$203.0M	N/A
Financing Cash Flow	N/A	N/A	-$492.3M	N/A	N/A	N/A	-$360.4M	N/A
Dividends Paid	N/A	N/A	$7.3M	N/A	N/A	N/A	$6.9M	N/A
Share Buybacks	N/A	N/A	$38.6M	N/A	N/A	N/A	N/A	N/A

STEL Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	1788.5%+1756.3pp	32.2%+13.4pp	18.8%-14.1pp	32.9%-1.9pp	34.8%+11.2pp	23.6%
Return on Equity	7.1%-2.8pp	10.0%+4.0pp	6.0%-1.1pp	7.1%-2.6pp	9.7%+3.5pp	6.2%
Return on Assets	1.1%-0.1pp	1.1%0.0pp	1.1%-0.3pp	1.5%+0.0pp	1.4%+0.5pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.78-1.9	7.70+3.2	4.49+0.3	4.15-1.6	5.72-0.2	5.90
FCF Margin	1990.0%+1948.7pp	41.3%+19.0pp	22.3%	N/A	N/A	29.7%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	1661.5%-26.7pp	1688.1%+128.7pp	1559.5%-234.3pp	1793.8%-114.1pp	1907.9%-325.4pp	2233.3%-520.4pp	2753.7%	N/A
Return on Equity	1.6%-0.1pp	1.6%+0.1pp	1.5%-0.3pp	1.8%-0.3pp	2.1%-0.3pp	2.4%-0.2pp	2.6%	N/A
Return on Assets	0.2%-0.0pp	0.3%+0.0pp	0.2%-0.0pp	0.3%-0.0pp	0.3%-0.0pp	0.3%-0.0pp	0.4%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.43-0.1	5.54+0.1	5.48-0.5	6.00-0.3	6.30-0.1	6.39+0.1	6.33-0.5	6.88
FCF Margin	N/A	N/A	-407.1%	N/A	N/A	N/A	3541.8%	N/A

Financial Health Signals

Financial Profile 32/100

Profitability

N/A

Growth

Leverage

Liquidity

N/A

Cash Flow

100

Returns

Based on FY2024 annual data. Scores normalized against common benchmarks.

Piotroski F-Score Weak

3/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Cash-Backed

1.15x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

What is Stellar Bancorp Inc's annual revenue?

Stellar Bancorp Inc (STEL) reported $6.4M in total revenue for fiscal year 2024. This represents a -97.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Stellar Bancorp Inc's revenue growing?

Stellar Bancorp Inc (STEL) revenue declined by 97.5% year-over-year, from $253.2M to $6.4M in fiscal year 2024.

Is Stellar Bancorp Inc profitable?

Yes, Stellar Bancorp Inc (STEL) reported a net income of $115.0M in fiscal year 2024, with a net profit margin of 1788.5%.

What is Stellar Bancorp Inc's earnings per share (EPS)?

Stellar Bancorp Inc (STEL) reported diluted earnings per share of $2.15 for fiscal year 2024. This represents a -23.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Stellar Bancorp Inc's net profit margin?

Stellar Bancorp Inc (STEL) had a net profit margin of 1788.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Stellar Bancorp Inc pay dividends?

Yes, Stellar Bancorp Inc (STEL) paid $0.53 per share in dividends during fiscal year 2024.

What is Stellar Bancorp Inc's return on equity (ROE)?

Stellar Bancorp Inc (STEL) has a return on equity of 7.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Stellar Bancorp Inc's free cash flow?

Stellar Bancorp Inc (STEL) generated $128.0M in free cash flow during fiscal year 2024. This represents a 22.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Stellar Bancorp Inc's operating cash flow?

Stellar Bancorp Inc (STEL) generated $132.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Stellar Bancorp Inc's total assets?

Stellar Bancorp Inc (STEL) had $10.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Stellar Bancorp Inc's capital expenditures?

Stellar Bancorp Inc (STEL) invested $4.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Stellar Bancorp Inc buy back shares?

Yes, Stellar Bancorp Inc (STEL) spent $2.8M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Stellar Bancorp Inc have outstanding?

Stellar Bancorp Inc (STEL) had 53M shares outstanding as of fiscal year 2024.

What is Stellar Bancorp Inc's debt-to-equity ratio?

Stellar Bancorp Inc (STEL) had a debt-to-equity ratio of 5.78 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Stellar Bancorp Inc's return on assets (ROA)?

Stellar Bancorp Inc (STEL) had a return on assets of 1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Stellar Bancorp Inc's Piotroski F-Score?

Stellar Bancorp Inc (STEL) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Stellar Bancorp Inc's earnings high quality?

Stellar Bancorp Inc (STEL) has an earnings quality ratio of 1.15x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

How financially healthy is Stellar Bancorp Inc?

Stellar Bancorp Inc (STEL) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.