---
schema_version: "secwatch.filing_event.v1"
accession: "0001473844-25-000047"
form_type: "8-K"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2025-07-25T23:59:59+00:00"
generated_at: "2026-05-18T00:57:56.536790+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp Q2 net income $26.4M ($0.51 EPS); net interest margin 4.18%, nonperforming assets down

## Summary
- Net income $26.4M ($0.51 diluted EPS) vs Q1 $24.7M ($0.46); annualized ROAA 1.01%, ROTCE 12.16%.
- Net interest margin (tax-equivalent) 4.18%; NII $98.3M, down 0.9% QoQ with $5.3M purchase accounting accretion.
- Total deposits up $110.9M QoQ to $8.67B; loans up $4.2M to $7.29B; core deposit growth funded asset increase.
- Nonperforming assets $58.2M (0.55% of assets) vs $59.7M (0.57%); net charge-offs $206K or 0.01% annualized.
- Repurchased 791K shares at weighted avg $26.08; book value per share $31.20, tangible book $19.94.

## SEC filing metadata
- accession: 0001473844-25-000047
- form_type: 8-K
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2025-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000047/0001473844-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000047/stel-20250725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001473844-25-000047
- JSON: https://secwatch.observer/filing/0001473844-25-000047.json
- Plain text: https://secwatch.observer/filing/0001473844-25-000047.txt

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