secwatch.observer — SEC 8-K summary
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Issuer:     Stellar Bancorp, Inc. (STEL)
CIK:        0001473844
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001104659-26-007187
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellar Bancorp enters merger with Prosperity; Q4 EPS $0.51, NIM expands
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- Merger agreement with Prosperity Bancshares, Inc. announced; conference call canceled, deal terms undisclosed.
- Q4 2025 net income $26.1M ($0.51 diluted EPS); full-year net income $102.9M ($1.99 EPS).
- Net interest income $103.4M; tax-equivalent NIM ex-PAA 4.06%, up from 4.00% in Q3.
- Nonperforming assets rose to 0.56% of assets; provision for credit losses $5.1M vs $305K in prior quarter.
- Repurchased 299,347 shares at avg $30.44; redeemed $30M subordinated debt in October.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473844/000110465926007187/0001104659-26-007187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473844/000110465926007187/tm264235d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer