Stellar Bancorp (STEL) Reports Q1 Earnings: What Key Metrics Have to Say

Published on 26 Apr 2024 on Zacks via Yahoo Finance

Stellar Bancorp (STEL) Reports Q1 Earnings: What Key Metrics Have to Say

Stellar Bancorp (STEL) reported $108.41 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 12.1%. EPS of $0.49 for the same period compares to $0.70 a year ago.

The reported revenue represents a surprise of +1.89% over the Zacks Consensus Estimate of $106.4 million. With the consensus EPS estimate being $0.48, the EPS surprise was +2.08%.

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