S&T Bancorp (NASDAQ:STBA) Releases Earnings Results, Meets Estimates

S&T Bancorp (NASDAQ:STBA) announced its earnings results on Thursday. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.89, Zacks reports. S&T Bancorp had a net margin of 23.61% and a return on equity of 9.25%. The business had revenue of $105.29 million for the quarter, compared to analyst estimates of $103.46 million.

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

• Full-year 2025 delivered strong results with ~<$strong>$135 million net income (~$3.49 per share), a 3.9% NIM, >4% loan growth and tightly managed expenses and capital.
• Q4 produced $34 million in net income ($0.89/sh), a 3.99% NIM (up 6 bps), quarterly loan growth of ~4.5% and deposit growth of ~2.9%, supporting margin and funding.
• Board approved a $100 million share repurchase program and management repurchased ~948k shares for $36.2 million in Q4, citing ample excess capital while remaining open to M&A.
• Asset-quality was mixed — ACL fell to 1.15% after specific reserve releases, but the quarter included $11 million of charge-offs tied to resolved problem credits and NPLs rose modestly to 0.69%.
• 2026 outlook calls for mid-single-digit loan growth (C&I/CRE focus), a mid–high 3.9% stable NIM, roughly 3% expense growth and a target mid‑50s efficiency ratio.

S&T Bancorp Stock Down 4.8%

STBA opened at $41.08 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.00 and a quick ratio of 1.00. S&T Bancorp has a 12 month low of $30.84 and a 12 month high of $43.90. The stock has a market capitalization of $1.57 billion, a P/E ratio of 11.74 and a beta of 0.92. The business has a 50 day simple moving average of $40.32 and a 200-day simple moving average of $38.73.

S&T Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were issued a dividend of $0.36 per share. This is an increase from S&T Bancorp’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Thursday, November 13th. S&T Bancorp’s dividend payout ratio is currently 41.14%.

Analyst Ratings Changes

A number of research analysts have commented on STBA shares. Weiss Ratings restated a “buy (b-)” rating on shares of S&T Bancorp in a research note on Monday, December 29th. Keefe, Bruyette & Woods boosted their price target on S&T Bancorp from $41.00 to $42.00 and gave the company a “market perform” rating in a research report on Friday, October 24th. Finally, Piper Sandler reduced their price objective on S&T Bancorp from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $41.00.

S&T Bancorp declared that its Board of Directors has initiated a share repurchase program on Thursday, January 22nd that allows the company to buyback $100.00 million in shares. This buyback authorization allows the financial services provider to repurchase up to 6.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

More S&T Bancorp News

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

• Positive Sentiment: Board authorizes $100M buyback (~6.2% of shares) — a strong capital return signal that can support the stock and EPS over time. PR Newswire: Buyback
• Positive Sentiment: Q4 results: EPS $0.89 (in line with consensus) and revenue $105.29M (above consensus $103.46M); net income $34.0M—shows solid topline and profitability for the quarter. PR Newswire: Q4 Results
• Positive Sentiment: Earnings call highlighted profit improvement and credit cleanup — progress on asset quality and cost/profit drivers can reduce investor uncertainty if trends continue. TipRanks: Call Highlights
• Neutral Sentiment: Coverage/analysis notes: Zacks pieces discuss the dividend potential and walk through Q4 metrics — useful context for income‑oriented investors but not a catalyst by itself. Zacks: Dividend Stock Analysis
• Neutral Sentiment: Full call transcript and earnings snapshots are available for deeper review of guidance, credit commentary and line‑item detail. Seeking Alpha: Transcript
• Negative Sentiment: Shares moved lower today on higher-than-average volume despite the buyback and revenue beat — likely profit‑taking or broader market/bank‑sector pressure; keep an eye on whether buybacks are executed and future guidance. MarketBeat: STBA Quote

Insider Transactions at S&T Bancorp

In other S&T Bancorp news, Director Jeffrey D. Grube acquired 2,500 shares of the business’s stock in a transaction on Tuesday, October 28th. The stock was purchased at an average price of $36.55 per share, for a total transaction of $91,375.00. Following the completion of the transaction, the director owned 44,985 shares of the company’s stock, valued at $1,644,201.75. The trade was a 5.88% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.23% of the company’s stock.

Hedge Funds Weigh In On S&T Bancorp

A number of large investors have recently made changes to their positions in STBA. Millennium Management LLC boosted its holdings in S&T Bancorp by 33.5% during the third quarter. Millennium Management LLC now owns 459,153 shares of the financial services provider’s stock worth $17,260,000 after buying an additional 115,333 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in 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 buying an additional 7,342 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of S&T Bancorp by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,756 shares of the financial services provider’s stock valued at $843,000 after acquiring an additional 1,086 shares during the period. Rafferty Asset Management LLC lifted its position in shares of 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 valued at $1,045,000 after acquiring an additional 2,249 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in shares of S&T Bancorp by 8.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 148,520 shares of the financial services provider’s stock worth $5,617,000 after acquiring an additional 11,166 shares in the last quarter. Hedge funds and other institutional investors own 65.22% of the company’s stock.

About S&T Bancorp

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.