SB

Stellar Bancorp

STEL
NYSEFinancials
$37.57
USD
+0.25(+0.67%)
At close: Apr 30, 20:00 UTC
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Open

$37.70

Prev. Close

$37.70

High

$37.72

Low

$37.56

Market Snapshot

Market Cap

$1.89B

P/E Ratio

18.0

EPS

2.15

Revenue

$433.92M

Why STEL moved

Stellar Bancorp's Q1 results show $108.5 million in revenue, $0.53 EPS, and a solid 25% profit margin, reflecting strong financial performance in the banking sector.

About

Stellar Bancorp, Inc. is a holding company, which engages in the provision of commercial banking services such as personal and commercial banking, real estate loans, and investment services, as well as offers deposits, debit and credit cards, cash management, treasury, and online banking services primarily to small and medium-sized businesses, professionals, and individual customers. The company is headquartered in Houston, Texas and currently employs 1,053 full-time employees. The company went IPO on 2017-11-08. Through its wholly owned subsidiary, Stellar Bank (the Bank), the Company provides a diversified range of commercial banking services primarily to small-to-medium-sized businesses, professionals and individual customers within its markets. The firm offers a range of commercial and retail lending services, including commercial loans, loans to small businesses guaranteed by the small business administration (the SBA), mortgage loans, home equity loans, personal loans and automobile loans, among others. The types of deposit accounts that the Company offers are typical of most commercial banks and consist of checking accounts, commercial accounts, money market accounts, savings accounts and other time deposits of various types and terms. The firm operates over 54 full-service banking centers, with 37 banking centers in the Houston region, 16 banking centers in the Beaumont region and one banking center in Dallas, Texas.

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