secwatch.observer — SEC 8-K summary
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Issuer:     Stellar Bancorp, Inc. (STEL)
CIK:        0001473844
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001473844-23-000008
Event type: dividend
Sentiment:  positive
Materiality: 0.40
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellar Bancorp completes name change to Stellar Bank, declares $0.13 quarterly dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473844/000147384423000008/0001473844-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473844/000147384423000008/stel-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001473844-23-000008

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