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Stellar Bancorp (STEL) Q2 Earnings Beat Estimates

Stellar Bancorp (STEL) came out with quarterly earnings of 0.51pershare,beatingtheZacksConsensusEstimateof0.51 per share, beating the Zacks Consensus Estimate of 0.45 per share. This compares to earnings of 0.56pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+13.330.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.33%. A quarter ago, it was expected that this bank holding company would post earnings of 0.44 per share when it actually produced earnings of $0.46, delivering a surprise of +4.55%.Over the last four quarters ...