Stellar Bancorp, Inc. (STEL)
| Market Cap | 1.23B |
| Revenue (ttm) | 437.04M |
| Net Income (ttm) | 119.50M |
| Shares Out | 53.57M |
| EPS (ttm) | 2.24 |
| PE Ratio | 10.29 |
| Forward PE | 11.12 |
| Dividend | $0.52 (2.27%) |
| Ex-Dividend Date | Mar 15, 2024 |
| Volume | 11,275 |
| Open | 23.11 |
| Previous Close | 23.05 |
| Day's Range | 22.88 - 23.20 |
| 52-Week Range | 20.32 - 29.04 |
| Beta | 0.89 |
| Analysts | Buy |
| Price Target | 27.50 (+20.14%) |
| Earnings Date | Apr 26, 2024 |
About STEL
Stellar Bancorp, Inc. operates as the bank holding company that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and industrial loans; commercial real estate loans, including multi-family residential loans; commercial real estate construc... [Read more]
Financial Performance
In 2023, STEL's revenue was $452.38 million, an increase of 74.93% compared to the previous year's $258.60 million. Earnings were $130.50 million, an increase of 153.73%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for STEL stock is "Buy." The 12-month stock price forecast is $27.5, which is an increase of 20.14% from the latest price.
News
Stellar Bancorp, Inc. Named the Third Best Performing U.S. Public Bank in the Country in S&P Global Market Intelligence's Annual Rankings
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...
Stellar Bancorp, Inc. Reports First Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. Q1 2024 Earnings Release.
Stellar Bancorp, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Date
HOUSTON--(BUSINESS WIRE)--Stellar announces date and time for Q1 earnings call.
Stellar Bancorp, Inc. Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that on February 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13...
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Stellar Bancorp, Inc. Reports Fourth Quarter 2023 Results
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 202...
Stellar Bancorp, Inc. Announces Fourth Quarter 2023 Earnings Release and Conference Call Date
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that it will hold a conference call to discuss its fourth quarter 2023 results. The call will be held on Fr...
Stellar Bancorp, Inc. Reports Third Quarter 2023 Results
HOUSTON, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $30.9 million and diluted earnings per share of $0.58 for the th...
Stellar Bancorp, Inc. Announces Third Quarter 2023 Earnings Release and Conference Call Date
HOUSTON, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that it will hold a conference call to discuss its third quarter 2023 results. The call wi...
Stellar Bancorp, Inc. Reports Second Quarter 2023 Results
HOUSTON, July 28, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $35.2 million and diluted earnings per share of $0.66 for the se...
Cynthia Dopjera Appointed to Board of Directors of Stellar Bancorp, Inc.
HOUSTON, July 24, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”)(NYSE:STEL) today announced the election of Cynthia Dopjera to the Board of Directors of the Company effect...
Stellar Bancorp, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call Date
HOUSTON, July 07, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that it will hold a conference call to discuss its second quarter 2023 results. The call w...
Stellar Bancorp, Inc. Announces Transfer Of Listing Of Common Stock To The New York Stock Exchange
HOUSTON, May 30, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company”) (NASDAQ: STEL) announced today that it is transferring the listing of its common stock to the New York Stock Exchange (“...
Stellar Bancorp, Inc. Declares Quarterly Dividend and Expanded Share Repurchase Program
HOUSTON, May 26, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company”) (Nasdaq: STEL) today announced that on May 25, 2023, its Board of Directors declared a quarterly cash dividend in the am...
Stellar Bancorp, Inc. Reports First Quarter 2023 Results
HOUSTON, April 28, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NASDAQ: STEL) today reported net income of $37.1 million and diluted earnings per share of $0.70 for the...
Stellar Bancorp, Inc. Announces First Quarter 2023 Earnings Release and Conference Call Date
HOUSTON, April 06, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company”) (NASDAQ: STEL) today announced that it will hold a conference call to discuss first quarter 2023 results. The call wil...
Stellar Bank Completes Name Change and Launches New Brand
HOUSTON, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Stellar Bank, the banking subsidiary of Stellar Bancorp, Inc. (NASDAQ: STEL), announced that it formally changed its name to Stellar Bank and launched its ne...
Stellar Bancorp, Inc. Reports Fourth Quarter 2022 Results
HOUSTON, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NASDAQ: STEL) today reported net income of $2.1 million, or $0.04 earnings per diluted share, for the fou...
Stellar Bancorp, Inc. Announces Fourth Quarter 2022 Earnings Release and Conference Call Date
HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NASDAQ: STEL) today announced that it will hold a conference call to discuss fourth quarter 2022 results....
Stellar Bancorp, Inc. Reports Third Quarter 2022 Results
HOUSTON, Oct. 28, 2022 (GLOBE NEWSWIRE) -- (NASDAQ: STEL) The merger of equals between CBTX, Inc. (CBTX) and Allegiance Bancshares, Inc. (Allegiance) became effective as of October 1, 2022, with the c...
Stellar Bancorp, Inc. Announces Third Quarter 2022 Earnings Release and Conference Call Date
HOUSTON, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Stellar Bancorp, Inc. (NASDAQ: STEL) (Stellar), formerly known as CBTX, Inc. (CBTX), today announced that it will hold a conference call to discuss third qua...