Stellar Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	484.88	531.68	537.72	280.38	230.71
Interest Income on Investments	89.59	70.72	53.1	42.62	22.47
Total Interest Income	574.47	602.4	590.82	322.99	253.18
Interest Paid on Deposits	166.81	181.99	128.62	26.96	16.99
Interest Paid on Borrowings	6.04	12.42	25.44	7.07	7.63
Total Interest Expense	172.85	194.41	154.06	34.04	24.62
Net Interest Income	401.62	407.99	436.76	288.96	228.56
Net Interest Income Growth (YoY)	-1.56%	-6.59%	51.15%	26.42%	12.77%
Gain (Loss) on Sale of Assets	-0.3	0.77	0.39	4.05	-0.27
Other Non-Interest Income	15.81	15.85	18.11	12.61	7.16
Total Non-Interest Income	21.79	23.05	24.56	20.35	8.56
Non-Interest Income Growth (YoY)	-5.45%	-6.17%	20.67%	137.73%	4.98%
Revenues Before Loan Losses	423.41	431.04	461.32	309.31	237.13
Provision for Loan Losses	10.16	-2.88	8.94	50.71	-2.32
Revenue	413.25	433.92	452.38	258.6	239.45
Revenue Growth (YoY)	-4.76%	-4.08%	74.93%	8.00%	30.51%
Salaries and Employee Benefits	168.81	154.59	147.09	98.51	86.02
Occupancy Expenses	25.68	18.22	17.16	10.27	9.97
Federal Deposit Insurance	6.19	7.57	11.03	4.91	3.41
Amortization of Goodwill & Intangibles	21.58	24.22	26.88	9.3	3.3
Selling, General & Administrative	37.38	56.84	51.2	33.24	22.57
Other Non-Interest Expense	25.84	27.52	21.57	15.7	12.28
Total Non-Interest Expense	285.47	288.96	274.94	171.94	137.54
EBT Excluding Unusual Items	127.78	144.96	177.44	86.66	101.91
Pretax Income	127.78	144.96	161.88	62.52	99.89
Income Tax Expense	24.91	29.96	31.39	11.09	18.34
Net Income	102.87	115	130.5	51.43	81.55
Net Income to Common	102.87	115	130.5	51.43	81.55
Net Income Growth	-10.55%	-11.87%	153.73%	-36.93%	79.10%
Basic Shares Outstanding	52	53	53	35	29
Diluted Shares Outstanding	52	54	53	35	29
Shares Change (YoY)	-3.19%	0.37%	52.29%	21.25%	-0.93%
EPS (Basic)	1.99	2.15	2.45	1.48	2.85
EPS (Diluted)	1.99	2.15	2.45	1.47	2.82
EPS Growth	-7.55%	-12.25%	66.67%	-47.87%	80.77%
Dividend Per Share	0.570	0.530	0.520	0.430	0.480
Dividend Growth	7.55%	1.92%	20.93%	-10.42%	20.00%
Effective Tax Rate	19.49%	20.67%	19.39%	17.74%	18.36%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.