NYSE$STEL
Stellar Bancorp Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Net income increased driven by decrease in the allowance for credit losses.
CBTX, Inc. reported a net income of $14.4 million, or $0.59 per diluted share, for the third quarter of 2021, compared to $11.7 million, or $0.48 per diluted share, for the second quarter of 2021.
- Net income was $14.4 million for the third quarter of 2021, or $0.59 per diluted share.
- Recapture of credit losses of $4.9 million during the third quarter of 2021, primarily due to continued improvements in the national and local economies and economic forecasts and the reduction of the loan portfolios during the third quarter of 2021.
- Net interest margin on a tax equivalent basis decreased to 3.22% for the third quarter of 2021, compared to 3.29% for the second quarter of 2021, primarily due to lower average balances for the loan portfolio.
- Cash and equivalents increased $210.4 million to $998.8 million during the third quarter of 2021, primarily due to net deposit inflows and loan payments received.
Headline financials
Revenue & EPS history
Stellar Bancorp · Revenue · Quarterly
$36.8M
Revenue by segment
Stellar Bancorp · $5.56M total across 5 segments · Q3 2021
- Bank-owned life insurance$2.32M—41.8%
- Service charges on deposit accounts$1.35M—24.3%
- Debit card and interchange income$1.05M—18.8%
- Other noninterest income$479K—8.6%
- (Loss) gain on sale/write-down of assets$360K—6.5%
Forward guidance
Company's goal is to finish strong in the fourth quarter as we build momentum into 2022 and return to our traditional growth rate.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.2%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+2.1%
Avg return
30 days after
49%
20 / 41 earnings
Positive
+11.4%
Q4 2025
Best reaction
-9.6%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | -0.2% | -0.2% | |
| Q4 2025 | +11.4% | +14.7% | +15.4% | |
| Q3 2025 | +0.8% | -0.4% | +6.7% | |
| Q1 2025 | -4.6% | -7.6% | -1.0% | |
| Q4 2024 | -0.8% | +3.0% | +1.4% | |
| Q3 2024 | +5.9% | +6.1% | +18.2% | |
| Q2 2024 | -0.2% | -0.4% | -2.1% | |
| Q1 2024 | -6.9% | -4.5% | -4.1% | |
| Q4 2023 | +0.6% | -5.7% | -9.4% | |
| Q3 2023 | -3.4% | -1.8% | +6.8% | |
| Q2 2023 | -2.4% | -6.4% | -18.0% | |
| Q1 2023 | +4.8% | +0.2% | +8.0% | |
| Q4 2022 | -9.6% | -1.7% | +2.9% | |
| Q3 2022 | +4.5% | +11.7% | +11.4% | |
| Q2 2022 | +3.3% | +1.8% | +2.3% | |
| Q1 2022 | -2.3% | -4.0% | -8.9% | |
| Q4 2021 | +2.1% | +3.3% | +8.3% | |
| Q3 2021 | -0.9% | +1.1% | +6.6% | |
| Q2 2021 | +3.0% | -4.9% | +1.7% | |
| Q1 2021 | -0.9% | +0.7% | +0.7% | |
| Q4 2020 | +2.2% | +3.1% | +7.8% | |
| Q3 2020 | -2.8% | -2.5% | +16.5% | |
| Q2 2020 | -2.3% | -6.2% | -4.6% | |
| Q4 2019 | -9.2% | -10.2% | +5.3% | |
| Q1 2020 | -8.4% | -8.0% | +2.6% | |
| Q3 2019 | -2.4% | -1.2% | +1.2% | |
| Q2 2019 | +2.6% | +4.1% | -9.5% | |
| Q1 2019 | +0.4% | +1.6% | -2.4% | |
| Q4 2018 | +0.1% | -0.2% | -3.6% | |
| Q3 2018 | +0.3% | -0.3% | +4.7% | |
| Q2 2018 | +3.3% | +3.9% | +0.8% | |
| Q1 2017 | +0.3% | -0.0% | +2.1% | |
| Q1 2018 | -1.1% | -0.7% | -1.5% | |
| Q4 2015 | +1.5% | +0.6% | +2.0% | |
| Q2 2016 | +1.5% | +0.6% | +2.0% | |
| Q1 2016 | +1.5% | +0.6% | +2.0% | |
| Q2 2017 | +1.5% | +0.6% | +2.0% | |
| Q4 2017 | -0.2% | -2.7% | -3.6% | |
| Q3 2016 | -0.6% | +1.5% | +5.4% | |
| Q3 2017 | -0.6% | +1.5% | +5.4% | |
| Q4 2016 | -0.6% | +1.5% | +5.4% |
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