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Dec 31, 2024
Stellar Bancorp Q4 2024 Earnings Report
Reported net income of $27.8 million, or diluted earnings per share of $0.52.
Key Takeaways
Stellar Bancorp reported a net income of $27.8 million, or $0.52 diluted earnings per share, for Q4 2024. The company's focus remains on core fundamentals and economic activity in its markets as it enters 2025.
Net income for the fourth quarter of 2024 was $27.8 million, or diluted earnings per share of $0.52.
Tax equivalent net interest margin for the fourth quarter of 2024 was 4.25%.
Total risk-based capital ratio increased to 16.06% at December 31, 2024.
Nonperforming loans decreased $2.0 million to $37.2 million at December 31, 2024.
Forward Guidance
The company intends to turn towards growth at a more normalized organic pattern while keeping an eye towards opportunities with downstream partners that would increase operating leverage. The company remains focused on core fundamentals as it enters 2025 and is encouraged by the economic activity in its markets.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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