DA Davidson Forecasts Stronger Earnings for S&T Bancorp

Key Points

• DA Davidson has increased its FY2026 earnings per share (EPS) estimate for S&T Bancorp from $3.40 to $3.45, indicating positive growth expectations for the financial services provider.
• S&T Bancorp's most recent earnings report showed an EPS of $0.83 for the quarter, surpassing the consensus estimate of $0.80 and demonstrating a revenue of $100.07 million.
• The company announced a quarterly dividend of $0.34 per share, equating to an annualized yield of 3.8%, with the dividend payout ratio currently at 39.88%.

S&T Bancorp, Inc. (NASDAQ:STBA - Free Report) - Stock analysts at DA Davidson increased their FY2026 EPS estimates for S&T Bancorp in a research report issued on Tuesday, August 5th. DA Davidson analyst M. Navas now expects that the financial services provider will earn $3.45 per share for the year, up from their previous estimate of $3.40. The consensus estimate for S&T Bancorp's current full-year earnings is $3.05 per share.

A number of other research firms have also recently weighed in on STBA. Hovde Group assumed coverage on shares of S&T Bancorp in a report on Friday, June 27th. They issued a "market perform" rating and a $41.00 price objective for the company. Keefe, Bruyette & Woods cut their price objective on S&T Bancorp from $44.00 to $43.00 and set a "market perform" rating for the company in a research report on Monday, April 28th. Piper Sandler assumed coverage on shares of S&T Bancorp in a research note on Friday, July 18th. They issued a "neutral" rating and a $42.00 price target on the stock. Finally, Wall Street Zen raised shares of S&T Bancorp from a "sell" rating to a "hold" rating in a report on Sunday, July 20th.

S&T Bancorp Price Performance

Shares of STBA opened at $36.15 on Thursday. 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 business's 50-day moving average is $37.71 and its two-hundred day moving average is $37.62. S&T Bancorp has a fifty-two week low of $30.84 and a fifty-two week high of $45.46. The company has a market capitalization of $1.39 billion, a P/E ratio of 10.57 and a beta of 0.93.

S&T Bancorp (NASDAQ:STBA - Get Free Report) last released its earnings results on Thursday, July 24th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.03. S&T Bancorp had a return on equity of 9.32% and a net margin of 23.39%. The firm had revenue of $100.07 million for the quarter, compared to the consensus estimate of $99.30 million.

Institutional Trading of S&T Bancorp

A number of hedge funds have recently bought and sold shares of the business. Sterling Capital Management LLC grew its position in shares of S&T Bancorp by 824.2% in the fourth quarter. Sterling Capital Management LLC now owns 1,220 shares of the financial services provider's stock valued at $47,000 after purchasing an additional 1,088 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of S&T Bancorp by 41.9% in the 1st quarter. GAMMA Investing LLC now owns 1,762 shares of the financial services provider's stock worth $65,000 after acquiring an additional 520 shares during the last quarter. Legend Financial Advisors Inc. acquired a new stake in shares of S&T Bancorp in the 2nd quarter worth $128,000. Nisa Investment Advisors LLC raised its holdings in shares of S&T Bancorp by 7.6% during the 1st quarter. Nisa Investment Advisors LLC now owns 5,187 shares of the financial services provider's stock worth $192,000 after acquiring an additional 367 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in shares of S&T Bancorp during the 2nd quarter valued at about $203,000. Institutional investors and hedge funds own 65.22% of the company's stock.

S&T Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, August 14th. S&T Bancorp's dividend payout ratio is currently 39.88%.

About S&T Bancorp

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.

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