Overview

* Stellar Bancorp ( STEL ) Q3 net income at $25.7 mln, EPS at $0.50, both down from Q2

* Net interest income rose to $100.6 mln, driven by higher average securities and deposits

* Company completed $30 mln paydown of subordinated debt on October 1, 2025

Outlook

* Stellar Bancorp ( STEL ) did not provide specific financial guidance for future quarters or the full year

Result Drivers

* NET INTEREST INCOME - Increase driven by higher average securities and deposits

* LOAN PORTFOLIO REPOSITIONING - Shift towards balanced mix of C&I and real estate loans

* NONINTEREST INCOME DECLINE - Decrease due to losses on sales and write-downs on foreclosed assets

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.50

Q3 Net $25.67

Income mln

Q3 Net $100.64

Interest mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy."

* Wall Street's median 12-month price target for Stellar Bancorp Inc ( STEL ) is $32.00, about 7.9% above its October 23 closing price of $29.46

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)