Stellar Bancorp Inc (NYSE: STEL) closed at $37.24, up 0.98% intraday. The move followed the company’s fourth‑quarter results and the announcement of a merger agreement on Jan. 28, 2026.
Market capitalization
Market capitalization at close was approximately USD 1.90 billion based on 50,902,000 shares outstanding and the closing price on the trading day.
Latest quarterly results (Q4FY25)
Consolidated revenue for the quarter was $108.891 million, while net income was $26.148 million. Quarterly revenue rose 0.8% year over year, and net income increased 3.7% year over year. Net interest income totaled $103.383 million, and noninterest income was $5.508 million. Provision for credit losses during the quarter amounted to $5.131 million.
Figure 1 — Quarterly Revenue (USD millions)
Figure 2 — 1‑Month Stock Price (USD)
Full‑year results context
For the full year 2025, Stellar reported revenue of $423.410 million and net income of $102.872 million. Compared with 2024, both full‑year revenue and net income showed a contraction. Book value per share stood at $32.78 at December 31, 2025, and dividends declared for the year totaled $0.57 per share.
Business & operations update
Total assets were $10.81 billion at December 31, 2025, with total deposits of $9.02 billion and total loans of $7.30 billion. Nonperforming assets amounted to $60.0 million, and the allowance for credit losses represented 1.15% of total loans. Net interest margin for the fourth quarter was 4.21%, and the efficiency ratio was 61.64%. During the quarter, the company repurchased 299,347 shares at a weighted‑average price of $30.44 and redeemed $30 million of subordinated debt.
M&A or strategic moves
Stellar entered into a merger agreement with Prosperity Bancshares, Inc. Under the terms disclosed, Stellar shareholders will receive $11.36 in cash and 0.3803 Prosperity shares for each Stellar share held. The announcement resulted in the cancellation of the previously scheduled fourth‑quarter earnings conference call.
Equity analyst commentary
Institutional research coverage referenced the announced merger and restated the company’s reported quarterly figures and capital metrics in public notes. Commentary focused on disclosed transaction terms and balance‑sheet data without providing ratings or price targets.
Guidance & outlook — what to watch for
Items to watch include shareholder approval and regulatory clearances required for the Prosperity transaction, any updates to dividend policy, and reported trends in loan growth and credit provisioning in upcoming quarterly filings.
Performance summary
Shares closed higher on the day. Fourth‑quarter revenue totaled $108.891 million, and net income was $26.148 million. The company announced a merger agreement with Prosperity Bancshares.