|
|
22.05.25 - 22:36
|
Stellar Bancorp, Inc. Announces Quarterly Dividend (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on June 30, 2025, to the shareholders of record at the close of business on June 16, 2025.
About Stellar Bancorp, Inc.
Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communities in Texas.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially diff...
|
|
|
|
25.04.25 - 13:06
|
Stellar Bancorp, Inc. Reports First Quarter 2025 Results (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--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 regulatory guidance,” Mr. Franklin continued.
“We cannot ignore the uncertainty that has been introduced by the administration through tariffs. We will continue to monitor the effects on the economy in general and specifically our customer base. We continue to believe that we ...
|
|
|
23.04.25 - 23:36
|
Stellar Bancorp, Inc. Announces New Share Repurchase Program and Federal Reserve Membership (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $65 million of the Company's common stock through May 31, 2026 (the “2025-2026 Repurchase Program”). In May of 2024, the Company announced a share repurchase program under which the Company was authorized to repurchase up to $60 million of the Company's common stock through May 31, 2025 (the “2024-2025 Repurchase Program”) that terminated upon approval of the 2025-2026 Repurchase Program. Prior to termination of the 2024-2025 Repurchase Program, the Company repurchased 108,900 shares at a weighted average price of $26.10 during the third quarter of 2024, 1,378,962 shares at a weighted average price per share of $27.99 during the first quarter of 2025 and 679,331 shares at a weighted average price of $25.83 per share following the end of the first quarter of 2025 through termination of th...
|
|
04.04.25 - 22:06
|
Stellar Bancorp, Inc. Announces First Quarter 2025 Earnings Release and Conference Call Date (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--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, please contact ir.stellar.bank. A simultaneous webcast is available at https://registrations.events/direct/Q4I635868 and requires pre-registration. If you are unable to participate during the live webcast, the webcast will be accessible via the Investor Relations section of the Company's w...
|
|
26.02.25 - 22:33
|
Stellar Bancorp, Inc. Announces Quarterly Dividend (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on March 31, 2025, to the shareholders of record at the close of business on March 17, 2025.
About Stellar Bancorp, Inc.
Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communities in Texas.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially di...
|
|
|
|
|
30.01.25 - 22:48
|
Stellar Bancorp, Inc. Reports Fourth Quarter and Full Year 2024 Results (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--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 partners that would increase our operating leverage,” Mr. Franklin continued.
“We remain focused on core fundamentals as we enter 2025 and are encouraged by the economic activity in our markets. We are excited about the future ahead of us,” Mr. Franklin concluded.
2024 Financia...
|
|
08.01.25 - 22:36
|
Stellar Bancorp, Inc. Announces Fourth Quarter 2024 Earnings Release and Conference Call Date (Business Wire)
|
|
HOUSTON--(BUSINESS WIRE)--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 number, please contact IR@stellar.bank. A simultaneous webcast is available at https://registrations.events/direct/Q4I635866 and requires pre-registration. If you are unable to participate during the live webcast, the webcast will be accessible via the Investor Relations section of the Company's...
|
|
|
|
|
|
|
|