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Stellar Bancorp (Stellar Bancorp) Debt-to-Equity : 0.21 (As of Mar. 2024)


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What is Stellar Bancorp Debt-to-Equity?

Stellar Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Stellar Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $324.9 Mil. Stellar Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,530.7 Mil. Stellar Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Stellar Bancorp's Debt-to-Equity or its related term are showing as below:

STEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.12   Max: 0.33
Current: 0.21

During the past 9 years, the highest Debt-to-Equity Ratio of Stellar Bancorp was 0.33. The lowest was 0.00. And the median was 0.12.

STEL's Debt-to-Equity is ranked better than
81.18% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs STEL: 0.21

Stellar Bancorp Debt-to-Equity Historical Data

The historical data trend for Stellar Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stellar Bancorp Debt-to-Equity Chart

Stellar Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.12 0.12 0.24 0.13 0.11

Stellar Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.33 0.30 0.11 0.21

Competitive Comparison of Stellar Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Stellar Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stellar Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Stellar Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Stellar Bancorp's Debt-to-Equity falls into.



Stellar Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stellar Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Stellar Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stellar Bancorp  (NYSE:STEL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Stellar Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Stellar Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Stellar Bancorp (Stellar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Stellar Bancorp Inc is a U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company include business and personal deposits account, personal and business lending, mobile and online banking, merchant banking, and others.
Executives
Okan I. Akin officer: Senior Executive VP, CRO 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Paul P Egge officer: Senior Executive VP, CFO 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Cynthia A Dopjera director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe Sr Penland director 6550 TRAM ROAD, BEAUMONT TX 77713
Williams John E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Wilson William E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe B Swinbank director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
George Martinez director 38 WINCREST FALLS DR, CYPRESS TX 774295154
John Beckworth director 8847 W.SAM HOUSTON PARKWAY N., SUITE 200, HOUSTON TX 77040
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Justin M Long officer: SEVP, GC & Secretary 3714 STEVENSON AVE., AUSTIN TX 78703
Cambrea R Merriwether officer: EVP Executive Director of HR 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Fred S. Robertson director 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Shanna R. Kuzdzal officer: Sr. EVP, GC, Secretary 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Vitulli, Iii Ramon A. officer: President 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040