Stellar Bancorp, Inc. Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| Amount | Per Share Amount | Amount | Per Share Amount | Amount | Per Share Amount | ||||||||||||||||||||||||||||||
| (Amounts in thousands, except per share data) | |||||||||||||||||||||||||||||||||||
| Net income attributable to shareholders | $ | 102,872 | $ | 115,003 | $ | 130,497 | |||||||||||||||||||||||||||||
| Basic: | |||||||||||||||||||||||||||||||||||
| Weighted average shares outstanding | 51,756 | $ | 1.99 | 53,469 | $ | 2.15 | 53,229 | $ | 2.45 | ||||||||||||||||||||||||||
| Diluted: | |||||||||||||||||||||||||||||||||||
| Add incremental shares for: | |||||||||||||||||||||||||||||||||||
| Dilutive effect of stock options and performance share units | 52 | 41 | 84 | ||||||||||||||||||||||||||||||||
| Total | 51,808 | $ | 1.99 | 53,510 | $ | 2.15 | 53,313 | $ | 2.45 | ||||||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Mar 3, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Mar 15, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.