dividend
confidence high
sentiment positive
materiality 0.40
Stellar Bancorp completes name change to Stellar Bank, declares $0.13 quarterly dividend
Stellar Bancorp, Inc.
- Bank subsidiary renamed Stellar Bank, new brand launched after merger of equals of Allegiance Bank and CommunityBank of Texas.
- Quarterly cash dividend of $0.13 per share declared, payable March 31, 2023 to holders of record March 15, 2023.
- CEO Ray Vitulli cites greater scale and capability with high service level; customers received transition communications.