Stellar Bancorp Q3 net interest income rises on higher average securities

Stellar Bancorp

24/10/2025 12:11

Overview

Stellar Bancorp 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 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/Miss
Actual
Consensus Estimate
Q3 EPS
$0.50
Q3 Net Income
$25.67 mln
Q3 Net Interest Income
$100.64 mln


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 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: ID:nBw9ly5RWa

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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.)