---
schema_version: "secwatch.filing_event.v1"
accession: "0001473844-24-000036"
form_type: "8-K/A"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:01:20.468952+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp Q3 net income $33.9M ($0.63 EPS); redeems $40M sub notes due 2027

## Summary
- Net income $33.9M ($0.63 diluted EPS) vs $29.8M ($0.56) Q2 2024; ROAA 1.27%.
- Tax-equivalent NIM 4.19%; excluding purchase accounting accretion 3.91%.
- Nonperforming loans fell $18.8M to $32.1M; reversal of provision $6.0M.
- Book value per share $30.43; tangible book value $19.28, up from $18.00 Q2.
- Repurchased 108,984 shares at avg $26.10; to redeem $40M sub notes at 100% of principal.

## SEC filing metadata
- accession: 0001473844-24-000036
- form_type: 8-K/A
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01, 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000147384424000036/0001473844-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000147384424000036/stel-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001473844-24-000036
- JSON: https://secwatch.observer/filing/0001473844-24-000036.json
- Plain text: https://secwatch.observer/filing/0001473844-24-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.