Highest-materiality recent filing
Stellar discloses three lawsuits and supplemental proxy disclosures for PB merger
Three shareholder lawsuits filed in NY Supreme Court challenging merger disclosure adequacy.
Stellar Bancorp declares $0.15 quarterly dividend payable June 26, 2026
Quarterly cash dividend of $0.15 per common share declared on May 20, 2026.
Net income $27.0M ($0.53 diluted EPS) vs Q4 $26.1M ($0.51); adjusted EPS $0.58 excluding merger costs.
Stellar and Prosperity receive all regulatory approvals for merger; vote May 27, close July 1
All regulatory approvals received from Federal Reserve Bank of Dallas, FDIC, and Texas Department of Banking.
Stellar Bancorp redeems $30M of 4.70% subordinated notes due 2029
Redeemed remaining $30.0M aggregate principal of 4.70% Fixed-to-Floating Rate Subordinated Notes due 2029.
Stellar Bancorp Declares $0.15 Quarterly Dividend
Board declared quarterly cash dividend of $0.15 per share on February 25, 2026.
Stellar Bancorp to be acquired by Prosperity Bancshares in stock-and-cash deal
Stellar stockholders to receive 0.3803 Prosperity shares and $11.36 cash per share.
Stellar Bancorp to be acquired by Prosperity Bancshares in ~$2B stock-and-cash deal
Prosperity to issue 0.3803 shares + $11.36 cash per Stellar share; total consideration ~$2B based on Jan 27 closing.
Stellar Bancorp enters merger with Prosperity; Q4 EPS $0.51, NIM expands
Merger agreement with Prosperity Bancshares, Inc. announced; conference call canceled, deal terms undisclosed.
Stellar Bancorp increases quarterly dividend to $0.15 per share, up $0.01
Quarterly cash dividend of $0.15 per share declared, payable Dec 31, 2025 to holders of record Dec 15, 2025.
Stellar Bancorp Q3 net income $25.7M ($0.50 EPS); NIM expands to 4.20%, deposits grow $144M
Net income $25.7M, diluted EPS $0.50 vs $26.4M ($0.51) in Q2 2025.
Stellar Bancorp redeems $30M of $60M subordinated notes due 2029
Redeems $30M aggregate principal of its 4.70% Fixed-to-Floating Rate Subordinated Notes due 2029.
Stellar Bancorp declares $0.14 quarterly dividend payable Sept 30, 2025
Quarterly cash dividend of $0.14 per common share declared.
Net income $26.4M ($0.51 diluted EPS) vs Q1 $24.7M ($0.46); annualized ROAA 1.01%, ROTCE 12.16%.
Stellar Bancorp director William E. Wilson Jr. resigns from board effective June 12, 2025
William E. Wilson Jr. resigned from Stellar Bancorp's board on June 12, 2025, after serving since 2017.
Stellar Bancorp shareholders approve amended omnibus incentive plan, adding 1.1M shares
Shareholders approved Amended and Restated 2022 Omnibus Incentive Plan at May 21, 2025 annual meeting.
Quarterly cash dividend raised to $0.14/share, payable June 30, 2025 to holders of record June 16, 2025.
On June 12, 2025, William E. Wilson, Jr., a member of the Board of Directors of Stellar Bancorp, Inc. (the “Company”), notified the Company of his intention to resign from the Board of Directors of the Company, effective the same day.
Max materiality 0.90 · Median 0.55 · Most common event m_and_a