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Stellar Bancorp, Inc. operates as the bank holding company that provides a range of commercial banking products and services primarily to small and medium-sized businesses, professionals, and individual customers. It provides deposit products that include checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits, as well as convenient services, such as telephone, mobile, and online banking. The company also offers commercial and industrial loans; commercial real estate loans comprising multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans comprising 1-4 family residential mortgage loans, including home equity and home improvement loans, and home equity lines of credit; commercial and retail lending services, such as loans to small businesses, mortgage loans, personal loans, and automobile loans; and factoring services. In addition, it provides safe deposit boxes, debit cards, cash management and wire transfer services, night depository services, direct deposits, cashier's checks, and letters of credit. Stellar Bancorp, Inc. was founded in 2007 and is headquartered in Houston, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $423M | - | $103M | $93M | 6.2% | -1.8% | -10.5% |
| 2024 | $431M | - | $115M | $128M | 7.2% | -6.6% | -11.9% |
| 2023 | $461M | - | $130M | $161M | 8.6% | 49.1% | 153.7% |
| 2022 | $309M | - | $51M | $105M | 3.7% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 309.31 | 461.32 | 431.04 | 423.41 |
| Pretax Income | - | 62.52 | 161.88 | 144.96 | 127.78 |
| Tax Provision | - | 11.09 | 31.39 | 29.96 | 24.91 |
| Net Income | - | 51.43 | 130.50 | 115 | 102.87 |
| Net Income Common Stockholders | - | 51.43 | 130.50 | 115 | 102.87 |
| Interest Expense | - | 34.04 | 154.06 | 194.41 | 172.85 |
| Interest Income | - | 322.99 | 590.82 | 602.40 | 574.47 |
| Selling General And Administration | - | 114.93 | 171.69 | 177.05 | 179.70 |
| Normalized Income | - | 67.96 | 142.72 | 114.39 | 103.12 |
| Market Cap | 1,897.95 | 1,897.95 | 1,897.95 | 1,897.95 | 1,897.95 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Stellar Bancorp, Inc.this co. | STEL | $1.9B | 18.45↑ premium | 1.14 | 6.2% | - |
| Banco Latinoamericano de Comercio Exterior, S. A. | BLX | $2.0B | 8.77 | 1.19 | 13.5% | - |
| Patria Investments Limited | PAX | $2.0B | 18.34 | 3.19 | 14.6% | 12.28 |
| Perella Weinberg Partners | PWP | $2.0B | 45.57 | -11.23 | 13.6% | - |
| Columbia Financial, Inc. | CLBK |
| - |
| - |
| - |
| - |
| - |
| $2.0B |
| 34.62 |
| 1.69 |
| 4.5% |
| - |
| Encore Capital Group, Inc. | ECPG | $1.9B | 6.98 | 1.84 | 26.3% | 8.73 |
| First Commonwealth Financial Corporation | FCF | $1.9B | 12.50 | 1.22 | 9.8% | - |
| LendingClub Corporation | LC | $1.9B | 11.03 | 1.27 | 9.0% | 3.75 |
| Federal Agricultural Mortgage Corporation | AGM | $1.9B | 10.38 | 1.55 | 12.1% | - |
| Peer Median | - | 11.76 | 1.41 | 12.8% | 8.73 | |