Stellar Bancorp, Inc. Reports Third Quarter 2024 Results
Stellar Bancorp, Inc. (STEL)
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $33.9 million, or diluted earnings per share of $0.63, for the third quarter of 2024 compared to net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024.“We are pleased to announce our third quarter 2024 financial results that reflect our work as we mark the second anniversary of our transformational merger completed on October 1, 2022,” said Robert R. Franklin, Jr., Stellar’s Chief Executive Officer. “Since the merger, we have focused on building the foundation of Stellar Bank. Those efforts include constructing the scalable infrastructure to support an institution with more than $10 billion of assets while we have built a strong capital base, significantly increased our liquidity position and maintained a disciplined focus on credit. We have also significantly reduced our exposure to commercial real estate and invested
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STEL
News
- Stellar Bancorp, Inc. Announces Increase in Quarterly DividendBusiness Wire
- Stellar Bancorp, Inc. Announces Redemption of Subordinated NotesBusiness Wire
- Stellar Bancorp, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call DateBusiness Wire
- Stellar Bancorp, Inc. Declares Quarterly DividendBusiness Wire
STEL
Earnings
- 10/25/24 - Beat
STEL
Sec Filings
- 11/21/24 - Form 8-K
- 11/18/24 - Form 144
- 11/13/24 - Form 4
- STEL's page on the SEC website