NYSE$STEL
Stellar Bancorp Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported solid profitability, strong net interest margin, meaningful capital and book value build, and improving credit metrics.
Stellar Bancorp reported a net income of $33.9 million, or $0.63 diluted earnings per share, for the third quarter of 2024. The company saw improvements in credit metrics and an increase in the total risk-based capital ratio.
- Net income for Q3 2024 was $33.9 million, with diluted earnings per share at $0.63.
- The tax equivalent net interest margin was 4.19% for Q3 2024.
- Total risk-based capital ratio increased to 15.91% at the end of Q3 2024.
- Nonperforming loans decreased by $18.8 million to $32.1 million at the end of Q3 2024.
Headline financials
Revenue & EPS history
Stellar Bancorp · Revenue · Quarterly
$108M
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
Stellar Bank is positioned for success as the economic and political environment becomes clearer. The company feels comfortable with their revenue outlook. The election cycle will soon be complete and some of the elevated stress and uncertainty around the process will abate. The company has positioned the Bank for quality growth and looks forward to furthering the Stellar brand in their markets.
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 2024
-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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