S&T Bancorp (NASDAQ:STBA) Posts Earnings Results, Beats Estimates By $0.10 EPS

S&T Bancorp (NASDAQ:STBA) released its quarterly earnings results on Thursday. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.10, FiscalAI reports. The firm had revenue of $105.24 million for the quarter, compared to analyst estimates of $104.43 million. S&T Bancorp had a return on equity of 9.35% and a net margin of 23.71%.

S&T Bancorp Stock Performance

NASDAQ:STBA traded up $0.90 during mid-day trading on Thursday, reaching $50.50. The stock had a trading volume of 116,459 shares, compared to its average volume of 249,454. S&T Bancorp has a twelve month low of $34.01 and a twelve month high of $51.01. The business has a 50 day simple moving average of $47.19 and a 200 day simple moving average of $44.08. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 14.10 and a beta of 0.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.00 and a current ratio of 1.00.

S&T Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a $0.37 dividend. The ex-dividend date was Thursday, May 14th. This is an increase from S&T Bancorp’s previous quarterly dividend of $0.36. This represents a $1.48 dividend on an annualized basis and a yield of 2.9%. S&T Bancorp’s payout ratio is 41.46%.

Hedge Funds Weigh In On S&T Bancorp

Large investors have recently modified their holdings of the business. State Street Corp boosted its stake in shares of S&T Bancorp by 3.7% in the fourth quarter. State Street Corp now owns 1,723,385 shares of the financial services provider’s stock valued at $67,815,000 after buying an additional 61,800 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of S&T Bancorp by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,624,436 shares of the financial services provider’s stock worth $63,922,000 after purchasing an additional 20,411 shares during the period. Geode Capital Management LLC increased its holdings in shares of S&T Bancorp by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 958,685 shares of the financial services provider’s stock valued at $37,729,000 after purchasing an additional 3,388 shares in the last quarter. Millennium Management LLC increased its holdings in shares of S&T Bancorp by 33.5% in the 3rd quarter. Millennium Management LLC now owns 459,153 shares of the financial services provider’s stock valued at $17,260,000 after purchasing an additional 115,333 shares in the last quarter. Finally, Bridgeway Capital Management LLC lifted its stake in shares of S&T Bancorp by 2.5% in the third quarter. Bridgeway Capital Management LLC now owns 299,373 shares of the financial services provider’s stock valued at $11,253,000 after purchasing an additional 7,342 shares during the period. 65.22% of the stock is owned by hedge funds and other institutional investors.

S&T Bancorp News Summary

Here are the key news stories impacting S&T Bancorp this week:

• Positive Sentiment: S&T Bancorp beat Q2 estimates with EPS of $1.02 versus $0.92 expected, and revenue of $105.24 million slightly topped consensus, reinforcing momentum in core operations. Article Title
• Positive Sentiment: The company announced net income of $36.6 million for Q2 2026, up from $35.1 million in Q1 and $31.9 million a year ago, showing improving profitability. Article Title
• Positive Sentiment: The board authorized a new $100 million share repurchase program, a shareholder-friendly move that may help lift earnings per share and signal management confidence. Article Title
• Neutral Sentiment: Additional coverage is focused on reviewing key operating metrics and the quarter’s details, but it does not introduce a clear new catalyst beyond the earnings beat and buyback announcement. Article Title

Wall Street Analysts Forecast Growth

STBA has been the subject of several analyst reports. Piper Sandler upped their price objective on S&T Bancorp from $45.00 to $51.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of S&T Bancorp in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $46.60.

S&T Bancorp Company Profile

S&T Bancorp, Inc is a bank holding company headquartered in Indiana, Pennsylvania, serving as the parent of S&T Bank. Established as a banking organization in 1902 with the holding company formation following in the early 1980s, S&T Bancorp has built its reputation on delivering community-oriented financial services. The company operates under the NASDAQ ticker STBA, maintaining a focus on personalized banking solutions and local decision-making.

The company’s main business activities encompass a full suite of retail and commercial banking products.