Sign In  |  Register  |  About Livermore  |  Contact Us

Livermore, CA
September 01, 2020 1:25pm
7-Day Forecast | Traffic
  • Search Hotels in Livermore

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Stellar Bancorp, Inc. Named the Third Best Performing U.S. Public Bank in the Country in S&P Global Market Intelligence’s Annual Rankings

On March 20, 2024, S&P Global Market Intelligence released its annual rankings for 2023’s top performing U.S. public banks with more than $10 billion in total assets. Stellar Bancorp, Inc. (“Stellar”) (NYSE: STEL), the holding company for Stellar Bank, was ranked third among the 100 banks in the analysis.

S&P Global Market Intelligence ranks institutions based on returns, growth and funding, but places a premium on the strength and risk profile of balance sheets. Stellar was one of only three banks to receive a better-than-median score for each of the seven ranking metrics.

“The S&P Global Market Intelligence recognition is an incredible testament to our team’s hard work and success during the tumultuous year for our industry while taking the steps to build a single, unified Stellar Bank following our merger of equals,” said Robert R. Franklin, Jr., Chief Executive Officer of Stellar. “Our bankers do a great job of managing the business while building strong relationships with our customers and providing a Stellar experience.”

Although Stellar is the second largest bank headquartered in Houston, Texas, it is the smallest bank in the S&P Global Market Intelligence analysis with $10.65 billion in total assets at year-end 2023.

Last month, Stellar was also recognized by Forbes on its 2024 America’s Best Banks list. Forbes looks at 10 metrics across 200 of the largest publicly-traded banks and thrifts by assets to rank the top 100.

About Stellar Bancorp, Inc.

Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. Stellar’s principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communities in Texas.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Livermore.com & California Media Partners, LLC. All rights reserved.