Stellar Bancorp reports Q4 EPS 52c, consensus 49c

“We are proud of our team and their work establishing the foundation of Stellar Bank,” said Robert Franklin, Jr., Stellar’s CEO. “Our strong foundation is a testament to their significant efforts over the past two years and they have prepared us for the year ahead. We intend to turn towards growth at a more normalized organic pattern while we keep an eye towards opportunities with downstream partners that would increase our operating leverage,” Franklin continued. “We remain focused on core fundamentals as we enter 2025 and are encouraged by the economic activity in our markets. We are excited about the future ahead of us,” Franklin concluded.