Compared to Estimates, Stellar Bancorp (STEL) Q4 Earnings: A Look at Key Metrics

Financial Performance - Stellar Bancorp reported $107.99 million in revenue for Q4 2024, a 4.3% YoY decline [1] - EPS for the quarter was $0.52, compared to $0.55 a year ago [1] - Revenue exceeded Zacks Consensus Estimate by 0.46% ($107.5 million estimate) [1] - EPS surpassed consensus estimate by 8.33% ($0.48 estimate) [1] Key Metrics Analysis - Net interest margin (tax equivalent) was 4.3%, slightly above the 4.2% analyst estimate [4] - Efficiency ratio came in at 66.6%, higher than the 66.1% estimate [4] - Total nonperforming loans reached $37.21 million, exceeding the $32.37 million estimate [4] - Average balance of total interest-earning assets was $9.65 billion, slightly below the $9.66 billion estimate [4] - Total nonperforming assets stood at $38.92 million, higher than the $33.83 million estimate [4] Income Metrics - Net interest income reached $102.96 million, surpassing the $101.95 million estimate [4] - Net interest income (tax equivalent) was $103.04 million, slightly above the $102.04 million estimate [4] - Total non-interest income came in at $5.03 million, below the $5.57 million estimate [4] Stock Performance - Stellar Bancorp shares returned +1% over the past month, slightly underperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential alignment with broader market performance [3]