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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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.

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INDIANA, Pa., Nov. 13, 2024 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ, STBA), is proud to be recognized as a 2024 American Banker Best Bank to Work For.

S&T BANK EARNS DISTINCTION AS 2024 AMERICAN BANKER BEST BANK TO WORK FOR

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INDIANA, Pa., Oct. 31, 2024 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ, STBA ), proudly announced today the naming of CEO, Chris McComish, as a 2024 Pittsburgh Business Times C-Suite award winner.

CHRIS MCCOMISH, CEO OF S&T BANK, NAMED 2024 C-SUITE AWARD RECIPIENT BY PITTSBURGH BUSINESS TIMES

INDIANA, Pa., Oct. 23, 2024 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, approved a $0.34 per share cash dividend on October 23, 2024.

S&T Bancorp, Inc. Increases Quarterly Cash Dividend

S&T Bancorp, Inc. (NASDAQ:STBA ) Q3 2024 Earnings Conference Call October 17, 2024 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 Kelly Motta - KBW Manuel Navas - D.A. Davidson Matthew Breese - Stephens Daniel Cardenas - Janney Montgomery Scott Operator Welcome to the S&T Bancorp Third Quarter 2024 Conference Call.

S&T Bancorp, Inc. (STBA) Q3 2024 Earnings Call Transcript

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Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday.

Regional Banks Report Credit Quality Remained Strong in Q3

While the top- and bottom-line numbers for S&T Bancorp (STBA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

S&T Bancorp (STBA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

S&T Bancorp (STBA) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.87 per share a year ago.

S&T Bancorp (STBA) Surpasses Q3 Earnings Estimates

INDIANA, Pa., Oct. 17, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced net income of $32.6 million, or $0.85 per diluted share, for the third quarter of 2024 compared to net income of $34.4 million, or $0.89 per diluted share, for the second quarter of 2024 and net income of $33.5 million, or $0.87 per diluted share, for the third quarter of 2023.

S&T Bancorp Inc. Announces Third Quarter 2024 Results

Evaluate the expected performance of S&T Bancorp (STBA) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Ahead of S&T Bancorp (STBA) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

INDIANA, Pa., Oct. 1, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that a conference call detailing the company's third quarter 2024 earnings will be held live via webcast at 1:00 p.m.

S&T BANCORP TO HOST THIRD QUARTER EARNINGS CONFERENCE CALL AND WEBCAST

INDIANA, Pa., Sept. 24, 2024 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ, STBA), is proud to announce their $20,000 donation as a participant in this year's WDVE iHeartMedia Pittsburgh fundraiser in support of UPMC Children's Hospital of Pittsburgh.

S&T BANK DONATES $20,000 TO UPMC CHILDREN'S HOSPITAL OF PITTSBURGH FOR SECOND CONSECUTIVE YEAR

INDIANA, Pa., Sept. 11, 2024 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ: STBA), announced today its naming as a 2024 Pittsburgh Post-Gazette Top Workplaces Winner.

S&T BANK NAMED 2024 PITTSBURGH POST-GAZETTE TOP WORKPLACES WINNER

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 for Indiana, Pennsylvania-based S&T Bancorp, Inc. (NASDAQ: STBA) (“the company”). KBRA also assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its subsidiary, S&T Bank. The Outlook for all long-term ratings is Stable. Key Credit Consideration The rat.

KBRA Assigns Ratings to S&T Bancorp, Inc.

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INDIANA, Pa., July 25, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that Peter Gurt will join its board of directors.

S&T Bancorp Welcomes Peter G. Gurt to Board of Directors

INDIANA, Pa., July 24, 2024 /PRNewswire/ -- The board of directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, approved a $0.33 per share cash dividend on July 24, 2024.

S&T Bancorp Inc. Declares Dividend

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

Surging Earnings Estimates Signal Upside for S&T Bancorp (STBA) Stock

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

Are You Looking for a Top Momentum Pick? Why S&T Bancorp (STBA) is a Great Choice

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S&T Bancorp, Inc. (NASDAQ:STBA ) Q2 2024 Results Conference Call July 18, 2024 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 Kelly Motta - KBW Matthew Breese - Stephens Inc. Manuel Navas - D.A. Davidson Daniel Cardenas - Janney Operator Welcome to the S&T Bancorp Second Quarter 2024 Conference Call.

S&T Bancorp, Inc. (STBA) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for S&T Bancorp (STBA) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

S&T Bancorp (STBA) Reports Q2 Earnings: What Key Metrics Have to Say

S&T Bancorp (STBA) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.89 per share a year ago.

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

INDIANA, Pa., July 18, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced net income of $34.4 million, or $0.89 per diluted share, for the second quarter of 2024 compared to net income of $31.2 million, or $0.81 per diluted share, for the first quarter of 2024 and net income of $34.5 million, or $0.89 per diluted share, for the second quarter of 2023.

News for S&T Bancorp Stock (STBA)