STEL - Earnings announcements

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $26.1 million, or diluted earnings per share of $0.51, for the fourth quarter of 2025 and net income of $102.9 million, or diluted earnings per share of $1.99, for the full year 2025. Financial Highlights Strong Net Interest Income and Margin: Net interest income was $103.4 million for the fourth quarter of 2025 up from $100.6 million for the third quarter of 2025. The tax equivalent net interest margin, excluding PAA ("Purchase Accounting Adjustments"), was 4.06%(1) for the fourth quarter of 2025 compared to 4.00%(1) for the third quarter of 2025. Solid Profitability: Net income for the ful

HOUSTON, Jan. 28, 2026 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE:PB) ("Prosperity"), the parent company of Prosperity Bank®, and Stellar Bancorp, Inc. (NYSE:STEL) ("Stellar"), the parent holding company of Stellar Bank, headquartered in Houston, Texas, today jointly announced the signing of a definitive merger agreement whereby Prosperity will acquire Stellar and Stellar Bank. Stellar Bank operates fifty-two (52) banking offices in greater Houston, Beaumont and surrounding areas and Dallas, Texas. As of December 31, 2025, Stellar, on a consolidated basis, reported total assets of $10.807 billion, total loans of $7.301 billion and total deposits of $9.021 billion. Under the terms and

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its fourth quarter 2025 results on Friday, January 30, 2026, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to market opening on January 30, 2026, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/news/default.aspx. Conference Call and Live Webcast Participants may register for the conference call at https://events.q4inc.com/analyst/343287130?pwd=27hr7GR1 to receive a unique dial-in code to access the call. If you need assistance in obtaining a dial-in number, please contact ir.stell

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $25.7 million, or diluted earnings per share of $0.50, for the third quarter of 2025, compared to net income of $26.4 million, or diluted earnings per share of $0.51, for the second quarter of 2025. "We are pleased to report strong third quarter results for 2025, highlighted by improved net interest income and margin. We also saw growth in deposits and tangible book value, which further strengthened our balance sheet to support our future," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our team has continued to reposition the loan portfolio, reducing our exposure to non-relati

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its third quarter 2025 results on Friday, October 24, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to market opening on October 24, 2025, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/news/default.aspx. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I6358688 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in number,

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $26.4 million, or diluted earnings per share of $0.51, for the second quarter of 2025, compared to net income of $24.7 million, or diluted earnings per share of $0.46, for the first quarter of 2025. "We are pleased to report our second quarter results that reflect the efforts of our team beginning to add growth to the foundation we've built at Stellar Bank," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our bankers made meaningful progress on originations during the second quarter after experiencing elevated payoff activity. We believe that the momentum we saw at the end of th

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its second quarter 2025 results on Friday, July 25, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to market opening on July 25, 2025, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/news/default.aspx. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635866891 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in number, ple

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $24.7 million or diluted earnings per share of $0.46, for the first quarter of 2025, compared to net income of $25.2 million, or diluted earnings per share of $0.47, for the fourth quarter of 2024. "We are pleased with the great work our team is doing as we turn our efforts from building our foundation to growing our bank," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We are seeing our pipelines build while experiencing payoffs as commercial real estate is sold or refinanced. This follows our expectations as interest rates begin to stabilize and we stabilize our position under r

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its first quarter 2025 results on Friday, April 25, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to market opening on April 25, 2025, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635868 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in number,

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $27.8 million, or diluted earnings per share of $0.52, for the fourth quarter of 2024 and net income of $117.6 million, or diluted earnings per share of $2.20, for the full year 2024. "We are proud of our team and their work establishing the foundation of Stellar Bank," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our strong foundation is a testament to their significant efforts over the past two years and they have prepared us for the year ahead. We intend to turn towards growth at a more normalized organic pattern while we keep an eye towards opportunities with downstream par

  Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its fourth quarter 2024 results on Friday, January 31, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued after market close on January 30, 2025, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635866 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in nu

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

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its third quarter 2024 results on Friday, October 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on October 25, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635867 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024 compared to net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024. "We are pleased to announce our second quarter 2024 results," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our disciplined focus on capital, credit and liquidity gives us strength and optionality as we move into the back half of the year. Although many anticipate lower interest rates in September, we are prepared if that does not come to pass," said Mr. Franklin. "Stellar Bank is wel

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that it will hold a conference call to discuss its second quarter 2024 results. The call will be held on Friday, July 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on July 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635860 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If

Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024 compared to net income of $27.3 million, or diluted earnings per share of $0.51, for the fourth quarter of 2023. "We are pleased to announce our first quarter 2024 results that reflect our continued focus on building capital, maintaining liquidity, and monitoring credit as uncertainty with the interest rate environment persists," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We are working with our customers as they adapt and understand how to operate in the higher interest rate environment," co

Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that it will hold a conference call to discuss its first quarter 2024 results. The call will be held on Friday, April 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on April 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635866971 to receive the dial-in numbers and unique PIN to access the call. If you need assist

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 2023 and net income of $130.5 million, or diluted earnings per share of $2.45, for the year ended December 31, 2023. During the fourth quarter, the Company recorded certain nonrecurring noninterest expense items, including the FDIC special insurance assessment expense of $2.4 million. "We are pleased to announce our full-year and fourth quarter results, capping a successful year despite industry challenges and economic uncertainty," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We maintained our focus

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 Friday, January 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on January 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://conferencingportals.com/event/FdklYbaS to receive the dial-in numbers and unique PIN to access the call. If you need ass

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 third quarter 2023 compared to net income of $35.2 million and diluted earnings per share of $0.66 for the second quarter 2023. "We are pleased with our results for the third quarter 2023 given the uncertainty of the economic environment. We remain steadfast in our commitment to provide and protect the qualities we think drive shareholder value; balance sheet strength; sound quality; and stable core deposits," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We continue our

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 will be held on Friday, October 27, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on October 27, 2023, and will also be available on the Investor Relations section of the Company's website at ir.stellarbancorpinc.com, under Press Releases. Conference Call and Live Webcast Participants may register for the conference call at https://register.vevent.com/register/BI6cc171f27f424552a720c74008bfa355 to receive the di

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 second quarter 2023 compared to net income of $37.1 million and diluted earnings per share of $0.70 for the first quarter 2023. "We are pleased to announce our second quarter operating results. We remain focused on capital, credit and liquidity and that focus is reflected in our results for the quarter that include our continued capital build, good credit quality and growth of loans in a measured way," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "The Federal

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 will be held on Friday, July 28, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on July 28, 2023, and will also be available on the Investor Relations section of the Company's website at ir.stellarbancorpinc.com, under Press Releases. Conference Call and Live Webcast Participants may register for the conference call at https://register.vevent.com/register/BI2481d74e1f5a4577b2eff534eef7c8b7to receive the dial-in

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 first quarter 2023 as compared to net income of $2.1 million and diluted earnings per share of $0.04 for the fourth quarter 2022. The results for the first quarter of 2023 and the fourth quarter of 2022 for Stellar reflect significant nonrecurring items related to the merger of equals (the "Merger") between Allegiance Bancshares, Inc. ("Allegiance") and CBTX, Inc. ("CBTX"), which became effective on October 1, 2022. "We are pleased to present our results to start the year in what was a tumult

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 will be held on Friday, April 28, 2023, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on April 28, 2023, and will also be available on the Investor Relations section of the Company's website at ir.stellarbancorpinc.com, under Press Releases. Conference Call and Live WebcastParticipants may register for the conference call at https://register.vevent.com/register/BId04d2f9fb05141c3b5efe6b285a38874 to receive the dial-in n

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 fourth quarter 2022 and $51.4 million, or $1.47 earnings per diluted share, for the year ended December 31, 2022. The fourth quarter 2022 results for Stellar reflect the merger of equals (the "Merger") between Allegiance Bancshares, Inc. ("Allegiance") and CBTX, Inc. ("CBTX"), which became effective on October 1, 2022. "We are pleased to report our fourth quarter results as a combined institution. Our scale and resources enhance our ability to execute our business strategy focused on delivering e