S&T Bancorp (NASDAQ:STBA) Releases Earnings Results, Beats Estimates By $0.07 EPS

S&T Bancorp (NASDAQ:STBA) announced its earnings results on Thursday. The financial services provider reported $0.94 EPS for the quarter, beating the consensus estimate of $0.87 by $0.07, FiscalAI reports. The business had revenue of $102.08 million for the quarter, compared to the consensus estimate of $103.62 million. S&T Bancorp had a return on equity of 9.25% and a net margin of 23.61%.

Here are the key takeaways from S&T Bancorp’s conference call:

• Record customer deposit inflows of $300+ million in Q1 (company-wide growth across >80% of branches) boosted core funding and raised DDA to 28%, with management estimating $150–$200 million of that as durable core growth.
• Loan balances fell $113 million in Q1 due to lower commercial originations, higher CRE payoffs and delayed construction draws, and guidance for Q2 loan growth was cut to low single digits.
• Profitability and capital actions remain strong — Q1 net income was $35 million ($0.94/share) with ROA 1.44% and ROTCE 13.22%, aided by nearly $50 million of buybacks in the quarter (total ~$85.8M YTD) and CET1 above 14% with ~$50 million authorization remaining.
• Asset quality improved modestly with NPAs down $5.7 million to $50 million (63 bps) and low charge-offs, while criticized/classified assets ticked up slightly and the allowance for credit losses held at 1.17%.

S&T Bancorp Price Performance

STBA stock opened at $43.54 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.07. S&T Bancorp has a 52-week low of $34.01 and a 52-week high of $44.91. The stock’s 50 day moving average is $42.40 and its two-hundred day moving average is $40.62. The company has a market capitalization of $1.60 billion, a PE ratio of 12.44 and a beta of 0.86.

S&T Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Thursday, February 12th were issued a dividend of $0.36 per share. The ex-dividend date was Thursday, February 12th. This represents a $1.44 annualized dividend and a yield of 3.3%. S&T Bancorp’s payout ratio is currently 41.14%.

Key Headlines Impacting S&T Bancorp

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

• Positive Sentiment: EPS beat and net income growth — S&T reported $0.94 EPS vs. consensus $0.87 and net income of $35.1M, signaling profitability strength that supports valuation. S&T Bancorp beats Q1 earnings estimate but misses on revenue
• Positive Sentiment: Margins and profitability metrics look solid — reports note a net margin around 23.6% and ROE about 9.3%, which helped EPS despite the revenue shortfall. MarketBeat Q1 results and metrics
• Neutral Sentiment: Management commentary and details available — full earnings call/transcripts are published (Seeking Alpha, The Motley Fool) for investors who want color on loan growth, margins, deposit trends and outlook before moving positions. Seeking Alpha call transcript
• Neutral Sentiment: Comparative industry coverage — analyst pieces comparing S&T to peers (e.g., Camden National) provide relative-performance context but are not company-specific catalysts. Financial Review: S&T Bancorp vs. Camden National
• Negative Sentiment: Revenue missed estimates — Q1 revenue of $102.08M came in slightly below the ~$103.6M consensus, which could concern investors looking for top‑line momentum and dampen upside. Yahoo Finance: STBA misses revenue estimates

Institutional Investors Weigh In On S&T Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rafferty Asset Management LLC increased its holdings in S&T Bancorp by 8.9% during the 2nd quarter. Rafferty Asset Management LLC now owns 27,620 shares of the financial services provider’s stock worth $1,045,000 after purchasing an additional 2,249 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of S&T Bancorp in the 3rd quarter worth approximately $687,000. Mariner LLC grew its position in shares of S&T Bancorp by 4.8% in the 3rd quarter. Mariner LLC now owns 17,922 shares of the financial services provider’s stock worth $674,000 after acquiring an additional 825 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of S&T Bancorp in the 4th quarter worth approximately $624,000. Finally, Lazard Asset Management LLC raised its stake in S&T Bancorp by 8.8% during the 2nd quarter. Lazard Asset Management LLC now owns 14,689 shares of the financial services provider’s stock valued at $554,000 after acquiring an additional 1,185 shares in the last quarter. 65.22% of the stock is currently owned by hedge funds and other institutional investors.

S&T Bancorp announced that its board has initiated a stock repurchase program on Thursday, January 22nd that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 6.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Zacks Research downgraded S&T Bancorp from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. Wall Street Zen upgraded S&T Bancorp from a “sell” rating to a “hold” rating in a report on Sunday, March 22nd. Janney Montgomery Scott upgraded S&T Bancorp from a “neutral” rating to a “buy” rating and set a $46.00 target price on the stock in a report on Monday, January 26th. DA Davidson assumed coverage on S&T Bancorp in a report on Wednesday, February 25th. They set a “neutral” rating and a $47.00 target price on the stock. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of S&T Bancorp in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $44.40.

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.