Workflow
Compared to Estimates, Stellar Bancorp (STEL) Q4 Earnings: A Look at Key Metrics
STELStellar Bancorp(STEL) ZACKS·2025-01-31 01:31

Financial Performance - Stellar Bancorp reported 107.99millioninrevenueforQ42024,a4.3107.99 million in revenue for Q4 2024, a 4.3% YoY decline [1] - EPS for the quarter was 0.52, compared to 0.55ayearago[1]−RevenueexceededZacksConsensusEstimateby0.460.55 a year ago [1] - Revenue exceeded Zacks Consensus Estimate by 0.46% (107.5 million estimate) [1] - EPS surpassed consensus estimate by 8.33% (0.48estimate)[1]KeyMetricsAnalysis−Netinterestmargin(taxequivalent)was4.30.48 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 32.37millionestimate[4]−Averagebalanceoftotalinterest−earningassetswas32.37 million estimate [4] - Average balance of total interest-earning assets was 9.65 billion, slightly below the 9.66billionestimate[4]−Totalnonperformingassetsstoodat9.66 billion estimate [4] - Total nonperforming assets stood at 38.92 million, higher than the 33.83millionestimate[4]IncomeMetrics−Netinterestincomereached33.83 million estimate [4] Income Metrics - Net interest income reached 102.96 million, surpassing the 101.95millionestimate[4]−Netinterestincome(taxequivalent)was101.95 million estimate [4] - Net interest income (tax equivalent) was 103.04 million, slightly above the 102.04millionestimate[4]−Totalnon−interestincomecameinat102.04 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]