Stellar Bancorp, Inc. SEC filings document the reporting obligations of a bank holding company whose common stock trades under STEL. The filing record includes Form 8-K material-event reports covering operating and financial results, dividend declarations, subordinated note redemptions, material definitive agreements and capital-structure disclosures.
The company's regulatory documents also address shareholder communications and voting matters, governance actions and exchange-listed common stock information. For Stellar Bank's holding company, these disclosures frame commercial banking performance, balance-sheet actions and formal corporate events.
Stellar Bancorp, Inc. filing reports that North Reef Capital Management LP, North Reef Capital Management GP LLC and James Hanna, III jointly filed an amendment to a Schedule 13G indicating 0 shares beneficially owned of Common Stock, representing 0% of the class. The joint filing lists the filers' addresses and citizenships and is signed by the listed representatives.
Stellar Bancorp, Inc. director Fred S. Robertson reported bona fide gifts of a total of 4,460 shares of Common Stock on May 6, 2026. He gifted 2,230 shares held indirectly through the Robertson Family Trust and 2,230 shares held directly, both at no cash consideration.
Following these transfers, the Form 4 shows 82,377 Stellar Bancorp shares held indirectly by the Robertson Family Trust, with Robertson as trustee, and 18,084 shares held directly. These are non-market, charitable-style transfers rather than open-market sales, so they do not reflect a change in trading sentiment.
Prosperity Bancshares discussed the pending merger with Stellar Bancorp, expecting the transaction to close on July 1, 2026 after receiving regulatory approvals. Management reiterated integration timelines for recent deals and projected a combined exit NIM of 3.70% (average ~3.60% for 2026 with half-year Stellar).
Stellar reported an adjusted Q1 net income near $30 million; Prosperity referenced Stellar’s prior full-year projection of $113 million and estimated pretax fair-value income from Stellar of $10–$12 million in 2027. The S-4 registration was declared effective on April 21, 2026 and the proxy mailing began April 23, 2026. Management emphasized operational integration (conversion targets: September for American, November for Texas Partners, March 8 for Stellar) and continued opportunistic buybacks.
Prosperity Bancshares, Inc. furnished a press release reporting its financial results for the quarter ended March 31, 2026. The press release is attached as Exhibit 99.1 to this Form 8-K and the cover page interactive XBRL is included as Exhibit 104.
Stellar Bancorp, Inc. reported solid first‑quarter results, with net income of $26.9 million for the three months ended March 31, 2026, up from $24.7 million a year earlier. Diluted earnings per share were $0.53, compared with $0.46, as higher net interest income offset modestly lower noninterest income.
Total assets reached $10.89 billion, loans held for investment were $7.59 billion, and deposits were $8.98 billion. Net interest income rose to $105.9 million while interest expense declined year over year. Credit quality remained controlled, with an allowance for credit losses of $85.4 million and nonaccrual loans of $60.6 million. Capital ratios stayed strong, with consolidated Common Equity Tier 1 capital at 13.97%. The company also highlighted its pending cash‑and‑stock merger with Prosperity Bancshares, which has received required regulatory approvals and is pending shareholder approval.
Stellar Bancorp, Inc. reported first quarter 2026 net income of $27.0 million, or $0.53 diluted earnings per share, up from $26.1 million, or $0.51, in the fourth quarter of 2025. Adjusted net income, excluding $3.3 million of acquisition and merger-related expenses, was $29.6 million, or $0.58 per diluted share.
Loans held for investment grew to $7.59 billion, an increase of $287.4 million or 3.94% linked-quarter. Net interest income rose to $105.9 million, and the tax-equivalent net interest margin improved to 4.24%, or 4.10% excluding purchase accounting accretion.
Total assets reached $10.89 billion, while deposits were $8.98 billion. Asset quality remained controlled, with nonperforming assets at $70.1 million, or 0.64% of total assets, and an allowance for credit losses on loans of 1.13% of total loans.
The company redeemed the remaining $30 million of its fixed-to-floating rate subordinated notes on April 1, 2026. Stellar also highlighted progress on its proposed merger with Prosperity Bancshares, Inc., noting receipt of all required regulatory approvals and a shareholder meeting set for May 27, 2026 to consider the transaction.
Prosperity Bancshares, Inc. and Stellar Bancorp, Inc. announced receipt of required regulatory approvals for their previously announced merger, including a waiver of prior approval from the Federal Reserve Bank of Dallas and approvals from the FDIC and Texas Department of Banking. The special meeting of Stellar shareholders is scheduled for May 27, 2026, and the Merger is expected to be completed on or about July 1, 2026, subject to Stellar shareholder approval and customary closing conditions. Prosperity filed a registration statement on Form S-4 (File No. 333-294882) that was declared effective on April 21, 2026.
Stellar Bancorp, Inc. files an 8-K reporting receipt of all regulatory approvals for its proposed merger into Prosperity Bancshares. A waiver of prior Federal Reserve approval and approvals from the FDIC and Texas Department of Banking have been received. The special meeting of Stellar shareholders is scheduled for May 27, 2026. The companies state the merger is expected to be completed on or about July 1, 2026, subject to shareholder approval and satisfaction or waiver of customary closing conditions. Prosperity’s Form S-4 was declared effective on April 21, 2026, and the proxy statement/prospectus mailing is expected to commence on or about April 23, 2026.
Stellar Bancorp, Inc. reported that it and Prosperity Bancshares, Inc. have received all regulatory approvals needed for Prosperity’s pending acquisition of Stellar and the related merger of Stellar Bank into Prosperity Bank. Approvals include a waiver of prior approval from the Federal Reserve Bank of Dallas and merger approvals from the FDIC and the Texas Department of Banking.
A special meeting of Stellar shareholders to vote on the Merger Agreement is scheduled for May 27, 2026, and the merger is expected to close on or about July 1, 2026, subject to shareholder approval and other customary closing conditions. A Form S-4 registration statement for Prosperity stock to be issued in the transaction is effective, and the joint proxy statement/prospectus is being mailed to Stellar shareholders.
Stellar Bancorp, Inc. proposes to merge with and into Prosperity Bancshares, Inc. Under the merger agreement dated January 27, 2026, each share of Stellar common stock will be converted into $11.36 in cash plus 0.3803 shares of Prosperity common stock.
Based on Prosperity’s January 27, 2026 closing price of $72.90, the merger consideration equated to $39.08 per Stellar share (approximate aggregate value $2.0 billion). As of April 15, 2026, that same consideration equated to $37.65 per Stellar share. Prosperity expects to issue approximately 19,361,338 shares and pay approximately $578,345,529 in cash. The special meeting of Stellar shareholders is scheduled for May 27, 2026, and Stellar’s board unanimously recommends voting FOR the merger.