NYSE$STEL

Stellar Bancorp Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Reported net income of $27.8 million, or diluted earnings per share of $0.52.

Stellar Bancorp reported a net income of $27.8 million, or $0.52 diluted earnings per share, for Q4 2024. The company's focus remains on core fundamentals and economic activity in its markets as it enters 2025.

  • Net income for the fourth quarter of 2024 was $27.8 million, or diluted earnings per share of $0.52.
  • Tax equivalent net interest margin for the fourth quarter of 2024 was 4.25%.
  • Total risk-based capital ratio increased to 16.06% at December 31, 2024.
  • Nonperforming loans decreased $2.0 million to $37.2 million at December 31, 2024.

Headline financials

Total Revenue

$108M

Previous: $113M-4.3%
EPS (adj)

$0.52

Previous: $0.55-5.5%
Capital Expenditures

-$1.27M

Previous: $1.24M-202.7%
Net Income

$27.8M

Previous: $27.3M+2.0%
Operating Income

$35.1M

No prior period

Revenue & EPS history

Stellar Bancorp · Revenue · Quarterly

$108M

Q4 2024-4.3%vs Q4 2023
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Stellar Bancorp · $5.56M total across 5 segments · Q3 2021

  • Bank-owned life insurance
    $2.32M
  • Service charges on deposit accounts
    $1.35M
  • Debit card and interchange income
    $1.05M
  • Other noninterest income
    $479K
  • (Loss) gain on sale/write-down of assets
    $360K

Forward guidance

The company intends to turn towards growth at a more normalized organic pattern while keeping an eye towards opportunities with downstream partners that would increase operating leverage. The company remains focused on core fundamentals as it enters 2025 and is encouraged by the economic activity in its 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 Q4 2024

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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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