NYSE:STELBanks
A Look At Stellar Bancorp (STEL) Valuation After Early Redemption Of Subordinated Notes
Stellar Bancorp (STEL) recently redeemed the remaining $30.0 million of its 4.70% fixed to floating rate subordinated notes due 2029, simplifying its capital structure and removing this interest bearing obligation earlier than scheduled.
See our latest analysis for Stellar Bancorp.
The share price is at $36.62, and while the 1 day share price return is slightly negative, the 90 day share price return of 19.05% and 1 year total shareholder return of 49.82% point to momentum that has been...