💨 Abstract

Stellar Bancorp, Inc. (STEL) reported a first-quarter net income of $24.7 million, exceeding analyst expectations with earnings of 46 cents per share. However, the bank's revenue net of interest expense was lower than forecasted at $104.8 million, versus an expected $105.5 million. The full report can be accessed at https://www.zacks.com/ap/STEL.

Courtesy: wtop.com

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