Stellar Bancorp, Inc. (STEL)

Stellar Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	503.56	531.68	537.72	280.38	230.71	225.96
Interest Income on Investments	83.25	70.72	53.1	42.62	22.47	15.8
Total Interest Income	586.82	602.4	590.82	322.99	253.18	241.76
Interest Paid on Deposits	175.88	181.99	128.62	26.96	16.99	31.05
Interest Paid on Borrowings	8.88	12.42	25.44	7.07	7.63	8.03
Total Interest Expense	184.76	194.41	154.06	34.04	24.62	39.08
Net Interest Income	402.06	407.99	436.76	288.96	228.56	202.68
Net Interest Income Growth (YoY)	-3.39%	-6.59%	51.15%	26.42%	12.77%	12.89%
Gain (Loss) on Sale of Assets	0.68	0.77	0.39	4.05	-0.27	0.29
Other Non-Interest Income	15.62	15.85	18.11	12.61	7.16	6.34
Total Non-Interest Income	22.63	23.05	24.56	20.35	8.56	8.16
Non-Interest Income Growth (YoY)	-2.85%	-6.17%	20.67%	137.73%	4.98%	-39.24%
Revenues Before Loan Losses	424.69	431.04	461.32	309.31	237.13	210.84
Provision for Loan Losses	-0.32	-2.88	8.94	50.71	-2.32	27.37
Revenue	425.01	433.92	452.38	258.6	239.45	183.47
Revenue Growth (YoY)	-2.06%	-4.08%	74.93%	8.00%	30.51%	-1.90%
Salaries and Employee Benefits	157.98	154.59	147.09	98.51	86.02	76.59
Occupancy Expenses	18.36	18.22	17.16	10.27	9.97	8.4
Federal Deposit Insurance	6.71	7.57	11.03	4.91	3.41	2.93
Amortization of Goodwill & Intangibles	22.89	24.22	26.88	9.3	3.3	3.92
Selling, General & Administrative	55.02	56.84	51.2	33.24	22.57	20.92
Other Non-Interest Expense	25.55	27.52	21.57	15.7	12.28	9.58
Total Non-Interest Expense	286.5	288.96	274.94	171.94	137.54	127.49
EBT Excluding Unusual Items	138.51	144.96	177.44	86.66	101.91	55.97
Pretax Income	138.51	144.96	161.88	62.52	99.89	55.97
Income Tax Expense	28.35	29.96	31.39	11.09	18.34	10.44
Net Income	110.16	115	130.5	51.43	81.55	45.53
Net Income to Common	110.16	115	130.5	51.43	81.55	45.53
Net Income Growth	-3.43%	-11.87%	153.73%	-36.93%	79.10%	-14.02%
Basic Shares Outstanding	53	53	53	35	29	29
Diluted Shares Outstanding	53	54	53	35	29	29
Shares Change (YoY)	-0.92%	0.37%	52.29%	21.25%	-0.93%	36.02%
EPS (Basic)	2.08	2.15	2.45	1.48	2.85	1.57
EPS (Diluted)	2.08	2.15	2.45	1.47	2.82	1.56
EPS Growth	-2.29%	-12.25%	66.67%	-47.87%	80.77%	-36.84%
Dividend Per Share	0.550	0.530	0.520	0.430	0.480	0.400
Dividend Growth	5.77%	1.92%	20.93%	-10.42%	20.00%	-
Effective Tax Rate	20.47%	20.67%	19.39%	17.74%	18.36%	18.65%

Updated Jul 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q