S&T Bancorp

S&T Bancorp, Inc. is a bank holding company, which engages in the provision of financial services and insurance solutions for both business and individual clients. It offers traditional banking services, which include accepting time and demand deposits and originating commercial and consumer loans, brokerage services, and trust services including serving as executor and trustee under wills and deeds and as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions through its registered investment advisor. The company was founded on March 17, 1983 and is headquartered in Indiana, PA.

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Earnings data Q4 2024

S&T Bancorp achieves record earnings in Q4 2022, eyes revenue diversification

S&T Bancorp (STBA) delivered record earnings in Q4 2022, driven by NIM expansion and strong return metrics, while focusing on margin stability and efficiency.
The company faces challenges in managing expenses, interest rate risk, and deposit franchise quality amidst economic uncertainties.
Opportunities lie in strategic initiatives for revenue diversification, loan growth, and leveraging strong capital levels for growth and efficiency.

S&T Bancorp reports solid Q1 earnings amidst asset quality focus

S&T Bancorp delivered a strong performance in Q1, with solid earnings, healthy loan growth, and strategic asset quality management.
While facing challenges in non-interest income and asset quality, the company's strengths in deposit management and expense control position it well.
Opportunities lie in buyback authorization utilization, customer engagement through innovative products, and revenue stream enhancement strategies.
Overall, S&T Bancorp's proactive approach and focus on financial drivers set a positive tone for future growth and performance.

S&T Bancorp excels in Q2 earnings, addresses challenges and opportunities

S&T Bancorp's Q2 2023 earnings call highlighted strong financial performance, industry recognition, and strategic initiatives. While facing challenges in funding costs and credit quality, the company is well-positioned to capitalize on opportunities for growth and efficiency.

S&T Bancorp reports strong Q3 earnings, eyes growth opportunities ahead

S&T Bancorp's Q3 2023 earnings call highlighted robust financial performance, strategic focus on growth and profitability, and proactive measures to manage risks. The company's emphasis on revenue growth, cost management, and employee engagement underscores a resilient business strategy. While challenges exist in margin trends and expense management, opportunities for growth through leveraging strengths and exploring new avenues are evident.

S&T Bancorp achieves record earnings, eyes growth in lending for 2024

S&T Bancorp delivered impressive financial results in 2023, setting records for net income and EPS. Despite some challenges in expenses, the company remains well-positioned with growth opportunities in lending and a focus on cost management.

S&T Bancorp beats Q1 earnings estimates, eyes growth amid challenges

S&T Bancorp delivered strong financial performance in Q1 2024, surpassing earnings estimates and showcasing solid asset quality improvements. While facing challenges like margin compression and muted loan growth, the company remains well-positioned to capitalize on growth opportunities. With a focus on deposit growth and customer relationships, S&T Bancorp aims to navigate economic uncertainties and drive sustained profitability.

S&T Bancorp reports strong Q2 earnings, eyes growth through M&A

S&T Bancorp's Q2 2024 earnings call showcased robust financial performance, particularly in net income and net interest margin. The company's proactive approach to asset quality management and growth strategies bode well for future prospects. Challenges in maintaining margin stability and optimizing income streams were acknowledged, with a focus on seizing growth opportunities.

S&T Bancorp reports robust Q3 earnings, eyes growth opportunities ahead

S&T Bancorp's Q3 performance reflects resilience and progress, marked by strong financial metrics and a strategic focus on growth opportunities.
While facing challenges like margin compression and expense management, the company's strengths in asset quality improvement and growth outlook position it well for the future.
By navigating challenges and capitalizing on growth opportunities, S&T Bancorp aims to sustain its momentum and drive value for shareholders and customers alike.

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S&T Bancorp, Inc. is a bank holding company, which engages in the provision of consumer, commercial, and small business banking services. It operates through the following segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer. The Commercial Real Estate segment includes both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and health care. The Commercial and Industrial segment focuses on the companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. The Commercial Construction segment refers to the finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment is made to small businesses that are standard, non-complex products evaluated through a streamlined credit approval process that has been designed to maximize efficiency while maintaining high credit quality standards. The Consumer Real Estate segment offers first and second liens such as 1-4 family residential mortgages, home equity loans and home equity lines of credit. The Other Consumer segment consists of individuals that may be secured by assets other than 1-4 family residences, as well as unsecured loans. The company was founded on March 17, 1983 and is headquartered in Indiana, PA.

INDIANA, Pa., Jan. 25, 2023 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank with operations in Pennsylvania and Ohio authorized an extension of its $50 million share repurchase plan, which was set to expire on March 31, 2023, at its regular meeting held January 25, 2023.

S&T BANCORP ANNOUNCES EXTENSION OF SHARE REPURCHASE PLAN

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Does S&T Bancorp (STBA) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes S&T Bancorp (STBA) a Strong Momentum Stock: Buy Now?

INDIANA, Pa., Oct. 26, 2022 /PRNewswire/ -- S&T Bank (NASDAQ: STBA) announced it was named a Top Workplace for Diversity, Equity and Inclusion (DE&I) as part of Energage's 2022 Culture Excellence Awards.

S&T BANK RECOGNIZED AS TOP WORKPLACE FOR DIVERSITY, EQUITY AND INCLUSION

S&T Bancorp (STBA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can S&T Bancorp (STBA) Run Higher on Rising Earnings Estimates?

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S&T Bancorp, Inc. (NASDAQ:STBA ) Q3 2022 Earnings Conference Call October 20, 2022 1:00 PM ET Company Participants Mark Kochvar - Chief Financial Officer Chris McComish - Chief Executive Officer Dave Antolik - President Conference Call Participants Daniel Tamayo - Raymond James Michael Perito - KBW Matthew Breese - Stephens, Inc. Daniel Cardenas - Janney Montgomery Scott Operator Good day, ladies and gentlemen. Thank you for standing by.

S&T Bancorp, Inc. (STBA) Q3 2022 Earnings Call Transcript

S&T Bancorp (STBA) delivered earnings and revenue surprises of 17.28% and 4.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

S&T Bancorp (STBA) Beats Q3 Earnings and Revenue Estimates

INDIANA, Pa., Oct. 20, 2022 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced net income of $37.2 million, or $0.95 per diluted share, for the third quarter of 2022 compared to net income of $28.9 million, or $0.74 per diluted share, for the second quarter of 2022 and net income of $27.6 million, or $0.70 per diluted share, for the third quarter of 2021.

S&T BANCORP, INC. ANNOUNCES RECORD QUARTERLY EPS AND NET INCOME

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does S&T Bancorp (STBA) have what it takes?

S&T Bancorp (STBA) Could Be a Great Choice

S&T Bancorp (STBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

S&T Bancorp (STBA) Earnings Expected to Grow: Should You Buy?

Thanks to the loan and deposit mixes, the net interest income is highly sensitive to rate changes. Loan growth will likely decline from the second quarter's level but remain at a decent level. Improvement in regional job markets will sustain loan growth.

S&T Bancorp: Interest Rate Hikes Are The Biggest Earnings Catalyst Ahead

INDIANA, Pa., Sept. 26, 2022 /PRNewswire/ -- S&T Bank (NASDAQ: STBA) has been awarded a 2022 Top Workplaces honor by the Pittsburgh-Post Gazette.

S&T BANK NAMED AS A PITTSBURGH TOP WORKPLACE

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Why S&T Bancorp (STBA) is a Top Dividend Stock for Your Portfolio

INDIANA, Pa., Aug. 18, 2022 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that Rachel Smydo will assume the role of general counsel on August 22.

S&T BANCORP ANNOUNCES RACHEL SMYDO AS NEW GENERAL COUNSEL

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Here's Why S&T Bancorp (STBA) is a Great Momentum Stock to Buy

S&T Bancorp, Inc. (NASDAQ:STBA ) Q2 2022 Earnings Conference Call July 21, 2022 1:00 PM ET Company Participants Mark Kochvar - CFO Chris McComish - CEO Dave Antolik - President Conference Call Participants Daniel Tamayo - Raymond James Michael Perito - KBW Russell Gunther - D.A. Davidson Samuel Varga - Stephens Inc Operator Good day, ladies and gentlemen, and welcome to the S&T Bancorp, Inc. Second Quarter Earnings Conference Call [Operator Instructions].

S&T Bancorp, Inc. (STBA) CEO Chris McComish on Q2 2022 Results - Earnings Call Transcript

S&T Bancorp (STBA) delivered earnings and revenue surprises of 17.46% and 3.63%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

S&T Bancorp (STBA) Tops Q2 Earnings and Revenue Estimates

INDIANA, Pa., July 21, 2022 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York, announced net income of $28.9 million, or $0.74 per diluted share, for the second quarter of 2022 compared to net income of $29.1 million, or $0.74 per diluted share, for the first quarter of 2022 and net income of $28.4 million, or $0.72 per diluted share, for the second quarter of 2021.

News for S&T Bancorp Stock (STBA)