The Company has an existing share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2024.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2023 | $36.00 → $34.00 | Neutral → Overweight | Piper Sandler |
The Company has an existing share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2024.
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Stellar Bancorp (NYSE:STEL) with a Market Perform and lowers the price target from $30 to $26.
Stellar Bancorp (NYSE:STEL) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.48 by 2.08 percent. This is a 30 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $108.414 million which beat the analyst consensus estimate of $107.136 million by 1.19 percent. This is a 12.09 percent decrease over sales of $123.325 million the same period last year.
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced the intention of Stellar Bank, its wholly-owned subsidiary ("the Bank"), to redeem all of the Bank's $40.0 million aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due December 15, 2027 ("the Notes"). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date. In accordance with the Notes, the holders of the Notes will receive notice of the redemption, the redemption price and further instructions and details related to the process of such redemption. About Stellar Bancorp, Inc. Stella
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 $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") (NYSE:STEL) today announced that on August 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on September 30, 2024 to the Company's shareholders of record as of the close of business on September 13, 2024. 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 co
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
Piper Sandler upgraded Stellar Bancorp from Neutral to Overweight and set a new price target of $34.00 from $36.00 previously
8-K/A - Stellar Bancorp, Inc. (0001473844) (Filer)
10-Q - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)