STEL Earnings Prediction
The chart below shows how STEL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, STEL sees a -1.87% change in stock price 10 days leading up to the earnings, and a +0.67% change 10 days following the report. On the earnings day itself, the stock moves by -0.95%. This data can give you a slight idea of what to expect for the next quarter's release.
STEL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
105.74M
-2.60%
1.41%
Gross Margin
--
--
--
Operating Margin
33.27%
-1.60%
-17.99%
Net Margin
26.31%
4.78%
-19.05%
EPS
0.52
1.96%
-17.46%
No Data Available
STEL Earnings Analysis
Stellar Bancorp Inc Corporation (STEL.N) Earnings Conference Call
Positive
Fourth Quarter Financial Performance: 4th quarter net income reached $27,800,000, translating to $0.52 per diluted share, with an annualized ROAA of 1.04% and ROATCE of 10.82%.
Net Income and Ratios: For the full year 2024, net income totaled $117,600,000 or $2.20 per diluted share, achieving an ROAA of 1.1% and ROATCE of 12.18%.
Net Interest Income Increase: Net interest income for Q4 was $103,000,000, a slight increase from $101,500,000 in Q3, with a net interest margin of 4.25%, up from 4.19% in the previous quarter.
Tangible Book Value Increase: Tangible book value per share increased by 36.2% from $14.02 to $19.10 since the merger, representing a compound annual growth rate of 19.3% over the last two years.
Capital Ratio Improvement: The bank's total risk-based capital ratio improved to 16.06% at the end of Q4, up from 14.03% at the end of 2023, indicating strong capital growth.
Negative
Net Income Decline: Net income for Q4 was $27.8 million, a decrease from $30 million in Q4 2023, indicating a decline in profitability year-over-year.
Non-Interest Income Decline: Non-interest income fell to $5 million in Q4 from $6.3 million in Q3, reflecting a significant drop in revenue generation outside of interest income.
Credit Loss Provision Increase: Provision for credit losses increased to $942,000 in Q4, contributing to a total allowance for credit losses of $81.1 million, which represents a 1.09% ratio of loans, indicating potential credit quality concerns.
Rising Non-Interest Expenses: Non-interest expenses rose to $72 million in Q4, up from $71.1 million in Q3, and exceeded the initial guidance of $280 million for the full year, highlighting challenges in cost management.
Projected Loan Growth Slowdown: Loan growth for 2025 is projected to be mid-single digits, which is a slowdown compared to previous expectations, suggesting potential headwinds in expanding the loan portfolio.
STEL FAQs
How does STEL typically perform around its earnings report dates?
Is Stellar Bancorp Inc (STEL) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
STEL Earning Call Sentiment
Earnings call transcript: Stellar Bancorp beats Q4 2024 earnings forecast
STEL.N
-0.52%Positive
The earnings call highlights strong financial performance with increased net income and earnings per share, improved net interest margin, and strong capital ratios. Despite concerns over professional fees and competitive pressures, the management's optimistic guidance on loan and deposit growth, along with potential for increased dividends, suggests a positive outlook. The market cap indicates moderate stock price sensitivity, supporting a 'Positive' prediction (2% to 8%).
