Stellar Bancorp(STEL) - 2024 Q2 - Quarterly Results

Exhibit 99.1 PRESS RELEASE STELLAR BANCORP, INC. REPORTS SECOND QUARTER 2024 RESULTS HOUSTON, July 26, 2024 - Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE: STEL) today reported net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024 compared to net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024. "We are pleased to announce our second quarter 2024 results," said Robert R. Franklin, Jr., Stellar's Chief Exe ...