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Stellar Bancorp (Stellar Bancorp) Pretax Margin % : 30.35% (As of Mar. 2024)


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What is Stellar Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Stellar Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $32.9 Mil. Stellar Bancorp's Revenue for the three months ended in Mar. 2024 was $108.4 Mil. Therefore, Stellar Bancorp's pretax margin for the quarter that ended in Mar. 2024 was 30.35%.

The historical rank and industry rank for Stellar Bancorp's Pretax Margin % or its related term are showing as below:

STEL' s Pretax Margin % Range Over the Past 10 Years
Min: 20.21   Med: 35.09   Max: 42.61
Current: 35.09


STEL's Pretax Margin % is ranked better than
54.63% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs STEL: 35.09

Stellar Bancorp Pretax Margin % Historical Data

The historical data trend for Stellar Bancorp's Pretax Margin % 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 Pretax Margin % Chart

Stellar Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 40.54 26.55 42.13 20.21 35.09

Stellar Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 38.16 37.48 34.42 29.99 30.35

Competitive Comparison of Stellar Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Stellar Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Stellar Bancorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Stellar Bancorp's Pretax Margin % falls into.



Stellar Bancorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Stellar Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=161.884/461.321
=35.09 %

Stellar Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=32.906/108.414
=30.35 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Stellar Bancorp Pretax Margin % Related Terms

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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