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Stellarone Q2 2023 Earnings Report

Stellarone EPS Results

Actual EPS
$0.66
Consensus EPS
$0.69
Beat/Miss
Missed by -$0.03
One Year Ago EPS
N/A

Stellarone Revenue Results

Actual Revenue
$113.76 million
Expected Revenue
$116.97 million
Beat/Miss
Missed by -$3.21 million
YoY Revenue Growth
N/A

Stellarone Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Stellarone Earnings Headlines

The Real Hillbilly Elegy
The mountains of Appalachia are incredible to behold. Spanning thousands of miles across Alabama, Kentucky, Tennessee and beyond… It's one of our country’s most scenic areas. But hidden beneath the beauty is an ugly reality: our most beautiful land is also the poorest. It’s a tragedy because for over 200 years, generation after generation has worked “coal country” with nothing but a pick and shovel, hauling billions of dollars from the ground.
StellarOne raises dividend by 7.7% to $0.14 a share
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About Stellarone

Stellarone (NASDAQ:STEL)oration is a bank holding company of StellarOne Bank (the Bank). The Bank is an independent commercial bank holding company. It offers services provided by full-service banks, including individual and commercial demand and time deposit accounts, commercial and consumer loans, residential mortgages, credit card services and deposit services. The Bank, through its commercial banking segment, offers Internet banking access for banking services, mobile banking and online bill payment for both consumers and commercial customers. Lending is focused on individuals and small to middle-market businesses in the local markets of the Bank. The Bank, through its wealth management segment, provides a variety of wealth management and personal trust services. The mortgage banking segment engages primarily in the origination and acquisition of residential mortgages for sale into the secondary market. In January 2014, Union First Market Bankshares Corp acquired StellarOne Corporation.

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