Stellar Bancorp (STEL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Stellar Bancorp reported a revenue of $104.76 million for the quarter ended March 2025, reflecting a decrease of 3.4% year-over-year [1] - The earnings per share (EPS) for the quarter was $0.46, down from $0.49 in the same quarter last year, with a surprise of +4.55% compared to the consensus estimate of $0.44 [1] Financial Performance - The reported revenue was slightly below the Zacks Consensus Estimate of $105.47 million, resulting in a surprise of -0.67% [1] - The net interest margin (tax equivalent) stood at 4.2%, matching the average estimate from analysts [4] - The efficiency ratio was reported at 61.9%, significantly better than the average estimate of 68.9% [4] - Total nonperforming loans amounted to $54.52 million, exceeding the average estimate of $37.63 million [4] - Average balance of total interest-earning assets was $9.59 billion, slightly above the average estimate of $9.58 billion [4] - Net charge-offs to average loans (annualized) were reported at 0%, better than the average estimate of 0.2% [4] - Total nonperforming assets reached $59.67 million, higher than the average estimate of $38.46 million [4] - Net interest income was reported at $99.26 million, slightly below the average estimate of $100.17 million [4] - Total non-interest income was $5.51 million, surpassing the average estimate of $5.31 million [4] Stock Performance - Stellar Bancorp's shares have returned -3.4% over the past month, compared to a -4.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]