Welcome to our dedicated page for Stellar Bancorp news (Ticker: STEL), a resource for investors and traders seeking the latest updates and insights on Stellar Bancorp stock.
Stellar Bancorp, Inc. reports developments tied to its role as a Texas-based bank holding company for Stellar Bank, a commercial bank serving small- to medium-sized businesses, professionals and individual customers. Recurring updates cover quarterly operating results, net interest income and margin, deposits, credit quality, loan portfolio mix and the bank's commercial banking services.
Company news also includes board-declared cash dividends, subordinated debt redemptions, capital-structure items, material agreements, shareholder voting matters and governance disclosures connected to the publicly traded common stock.
Stellar Bancorp (NYSE: STEL) has declared a quarterly cash dividend of $0.14 per share of common stock. The dividend will be paid on September 30, 2025, to shareholders of record as of September 15, 2025. The announcement follows the Board of Directors' meeting on August 27, 2025.
Stellar Bancorp (NYSE:STEL) reported strong Q2 2025 financial results with net income of $26.4 million, or $0.51 diluted EPS, up from $24.7 million ($0.46 EPS) in Q1 2025. The bank maintained a robust tax equivalent net interest margin of 4.18% and demonstrated solid asset quality with minimal net charge-offs of $370,000 for the first half of 2025.
Key highlights include total assets reaching $10.49 billion, total loans of $7.29 billion, and deposits of $8.67 billion. The bank's capital position remained strong with a total risk-based capital ratio of 15.98%. During Q2, Stellar repurchased 791,000 shares at an average price of $26.08 and increased its book value per share to $31.20.
Stellar Bancorp (NYSE: STEL) has scheduled its second quarter 2025 earnings conference call for July 25, 2025, at 8:00 a.m. Central Time. The company will release its earnings report before the market opens on the same day.
Investors can access the conference call by registering at the provided link with conference ID 63586. A simultaneous webcast will also be available through pre-registration. For those unable to attend live, the webcast recording will be accessible through the company's Investor Relations website at ir.stellar.bank.
Stellar Bancorp (NYSE: STEL) has announced a quarterly cash dividend of $0.14 per share of common stock. The dividend will be paid on June 30, 2025, to shareholders who are on record as of the close of business on June 16, 2025. This dividend declaration demonstrates the company's commitment to providing regular returns to its shareholders.
Stellar Bancorp (NYSE: STEL) reported Q1 2025 net income of $24.7 million ($0.46 per diluted share), slightly down from Q4 2024's $25.2 million ($0.47 per share). The company maintained a strong financial position with:
- Tax equivalent net interest margin of 4.20% (Q1 2025) vs 4.25% (Q4 2024)
- Total assets of $10.43 billion, down from $10.91 billion
- Total loans decreased to $7.28 billion from $7.44 billion
- Total deposits declined to $8.56 billion from $9.13 billion
The company actively managed capital through share repurchases, buying back 1.4 million shares at $27.99 average price in Q1. The Board authorized a new $65 million share repurchase program through May 2026. Asset quality metrics showed nonperforming assets at 0.57% of total assets, up from 0.36% in Q4 2024.
Stellar Bancorp (NYSE: STEL) has announced a new $65 million share repurchase program extending through May 31, 2026. This program replaces the previous $60 million repurchase program from May 2024. Under the terminated program, the company repurchased:
- 108,900 shares at $26.10 (Q3 2024)
- 1,378,962 shares at $27.99 (Q1 2025)
- 679,331 shares at $25.83 (post-Q1 2025)
The new program allows for repurchases through various methods, including open market transactions and block trades. Additionally, Stellar Bank has completed its transition to become a Federal Reserve System member as of April 14, 2025, with the Federal Reserve System becoming its primary federal regulator while maintaining the Texas Department of Banking as its state regulator.
Stellar Bancorp (NYSE: STEL) has scheduled its first quarter 2025 earnings conference call for Friday, April 25, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The earnings release will be published before market opening on the same day.
The company will make the earnings release available on their Investor Relations website at ir.stellar.bank. Interested participants can register for the conference call and webcast through a dedicated registration link, where they will receive dial-in numbers and a unique PIN for access.
Stellar Bancorp (NYSE: STEL) has announced a quarterly cash dividend of $0.14 per share of common stock. The dividend will be payable on March 31, 2025, to shareholders who are recorded in the company's books at the close of business on March 17, 2025.
Stellar Bancorp (NYSE: STEL) reported Q4 2024 net income of $27.8 million ($0.52 per diluted share) and full-year 2024 net income of $117.6 million ($2.20 per diluted share). The company achieved a return on average assets of 1.10% and return on average equity of 7.50% for 2024.
Key financial metrics include a tax equivalent net interest margin of 4.24% for 2024 (down from 4.51% in 2023), and total risk-based capital ratio improvement to 16.06% from 14.02% year-over-year. Book value per share increased to $30.14 from $28.54, while nonperforming loans decreased to $37.2 million from $39.2 million.
Net interest income for 2024 decreased 6.6% to $408.0 million, while noninterest expense decreased 1.7% to $285.7 million. Total assets reached $10.91 billion, with total loans at $7.44 billion and deposits at $9.13 billion as of December 31, 2024.