Stellar Bancorp (STEL) Q4 Earnings and Revenues Surpass Estimates

Core Insights - Stellar Bancorp (STEL) reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, but down from $0.55 per share a year ago, representing an earnings surprise of 8.33% [1] - The company achieved revenues of $107.99 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.46%, although this is a decrease from year-ago revenues of $112.82 million [2] - Stellar Bancorp has consistently surpassed consensus EPS estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $105.5 million, and for the current fiscal year, it is $1.88 on revenues of $434.47 million [7] - The estimate revisions trend for Stellar Bancorp is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Banks - Southeast industry, to which Stellar Bancorp belongs, is currently in the top 10% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]