Stellar Bancorp redeems $30M of $60M subordinated notes due 2029

Stellar Bancorp, Inc.

Redeems $30M aggregate principal of its 4.70% Fixed-to-Floating Rate Subordinated Notes due 2029.
Redemption price is 100% of principal plus accrued interest to the redemption date of October 1, 2025.
Original issuance was $60M; partial redemption reduces outstanding to $30M.

item 7.01item 9.01

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