Stellar Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $10,729.2 Mil.
Warning Sign:
If a company builds assets at 29.8% a year, faster than its revenue growth rate of 10.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Stellar Bancorp's average Total Assets Growth Rate was -0.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 40.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.80% per year.
During the past 9 years, Stellar Bancorp's highest 3-Year average Total Assets Growth Rate was 41.10%. The lowest was 5.10%. And the median was 11.85%.
The historical data trend for Stellar Bancorp's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Stellar Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 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) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Stellar Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Stellar Bancorp Total Assets Related Terms
Thank you for viewing the detailed overview of Stellar Bancorp's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Stellar Bancorp (Stellar Bancorp) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STEL has been successfully added to your 