S&T Bancorp (NASDAQ:STBA) Board of Directors Announces Stock Buyback Program

Posted by Brian Himes on Jul 23rd, 2026

S&T Bancorp (NASDAQ:STBA – Get Free Report) announced that its Board of Directors has authorized a stock buyback plan on Thursday, July 23rd, RTT News reports. The company plans to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 5.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

S&T Bancorp Trading Up 2.8%

S&T Bancorp stock traded up $1.38 during mid-day trading on Thursday, hitting $50.98. The company’s stock had a trading volume of 619,660 shares, compared to its average volume of 252,905. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.00 and a current ratio of 1.00. The company has a 50 day moving average of $47.33 and a 200-day moving average of $44.17. S&T Bancorp has a one year low of $34.01 and a one year high of $51.31. The stock has a market cap of $1.83 billion, a PE ratio of 14.28 and a beta of 0.84.

S&T Bancorp (NASDAQ:STBA – Get Free Report) last released its earnings results on Thursday, July 23rd. The financial services provider reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.10. The business had revenue of $105.24 million during the quarter, compared to the consensus estimate of $104.43 million. S&T Bancorp had a return on equity of 9.35% and a net margin of 23.71%. On average, research analysts anticipate that S&T Bancorp will post 3.75 EPS for the current year.

S&T Bancorp Increases Dividend

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Analysis on S&T Bancorp

Trending Headlines about S&T Bancorp

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

Positive Sentiment: Second-quarter EPS of $1.02 beat consensus by $0.10, while revenue of $105.24 million also slightly exceeded estimates, reinforcing that the bank is executing better than expected. S&T Bancorp, Inc. Announces Second Quarter 2026 Results
Positive Sentiment: The board authorized a new $100 million share repurchase program, which can boost earnings per share over time and suggests the company believes its stock is undervalued. S&T Bancorp, Inc. Announces $100 Million Share Repurchase Program
Neutral Sentiment: Net income increased to $36.6 million from both the prior quarter and a year ago, showing improving profitability but without additional details on loan growth, margins, or credit quality in the headlines provided. S&T Bancorp, Inc. Announces Second Quarter 2026 Results

About S&T Bancorp

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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.