Stellar Bancorp, Inc. (STEL)

NYSE: STEL · IEX Real-Time Price · USD
24.09
-0.25 (-1.03%)
Mar 28, 2024, 9:54 AM EDT - Market open
-1.03%
Market Cap 1.27B
Revenue (ttm) 452.38M
Net Income (ttm) 130.50M
Shares Out 53.30M
EPS (ttm) 2.45
PE Ratio 9.93
Forward PE 11.80
Dividend $0.52 (2.16%)
Ex-Dividend Date Mar 15, 2024
Volume 8,250
Open 24.31
Previous Close 24.34
Day's Range 24.09 - 24.31
52-Week Range 20.24 - 29.04
Beta 0.86
Analysts Buy
Price Target 28.50 (+18.31%)
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]

Sector Financials
Founded 2007
Employees 980
Stock Exchange NYSE
Ticker Symbol STEL
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for STEL stock is "Buy." The 12-month stock price forecast is $28.5, which is an increase of 18.31% from the latest price.

Price Target
$28.5
(18.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks ago - Business Wire

Top 5 Financial Stocks That Could Lead To Your Biggest Gains In Q1

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

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7 weeks ago - Benzinga

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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 (“...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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....

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire