Stellar Bancorp, Inc. (STEL) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
National Commercial BanksSEC EDGAR

Stellar Bancorp, Inc. (STEL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Stellar Bancorp, Inc. FY2025 10-K Analysis

Business Overview

  • Community banking and financial services with focus on retail and commercial banking
  • New $65 million common stock repurchase program authorized in April 2025 through May 2026
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Management Discussion & Analysis

  • Revenue: Net interest income $401.6M, down $6.4M (1.6%) YoY; noninterest income $21.8M, down $1.3M (5.4%) YoY; total net income $102.9M, down $12.1M (10.5%) YoY
  • Profitability: Return on average equity 6.34% vs 7.34%; return on average assets 0.97% vs 1.08%; efficiency ratio 62.28% vs 61.53% (all 2025 vs 2024)
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Risk Factors

  • Merger regulatory risk: requires approvals from Federal Reserve, FDIC, Texas Department of Banking for 2026 Q2 closing
  • Macroeconomic risk: exposure to Texas economy sectors, incl. real estate, energy, impacting loan portfolio quality
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Stellar Bancorp, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$6M

-2.3% YoY

Net Income

$103M

-10.5% YoY

Net Margin

1637.6%

-15097bp YoY

ROE

6.2%

-99bp YoY

Total Assets

$10.8B

-0.9% YoY

EPS (Diluted)

$1.99

-7.4% YoY

Operating Cash Flow

$97M

-26.9% YoY

Source: XBRL data from Stellar Bancorp, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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