FY2026 EPS Estimates for S&T Bancorp Boosted by DA Davidson

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) - Equities researchers at DA Davidson increased their FY2026 earnings per share (EPS) estimates for shares of S&T Bancorp in a note issued to investors on Tuesday, August 5th. DA Davidson analyst M. Navas now anticipates 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.

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

S&T Bancorp Stock Performance

Shares of STBA traded down $0.02 during trading hours on Thursday, hitting $36.37. The stock had a trading volume of 34,566 shares, compared to its average volume of 157,145. S&T Bancorp has a fifty-two week low of $30.84 and a fifty-two week high of $45.46. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 10.66 and a beta of 0.93. The firm has a 50-day moving average price of $37.68 and a 200 day moving average price of $37.61. 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 (NASDAQ:STBA - Get Free Report) last released its earnings results on Thursday, July 24th. The financial services provider reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.03. S&T Bancorp had a net margin of 23.39% and a return on equity of 9.32%. The firm had revenue of $100.07 million during the quarter, compared to the consensus estimate of $99.30 million.

Hedge Funds Weigh In On S&T Bancorp

Several institutional investors have recently modified their holdings of STBA. Nuveen LLC bought a new position in shares of S&T Bancorp in the first quarter valued at approximately $13,151,000. JPMorgan Chase & Co. raised its position in S&T Bancorp by 333.4% during the 4th quarter. JPMorgan Chase & Co. now owns 150,183 shares of the financial services provider's stock valued at $5,740,000 after purchasing an additional 115,528 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of S&T Bancorp during the 1st quarter worth approximately $4,211,000. Norges Bank purchased a new stake in S&T Bancorp during the 4th quarter valued at $4,181,000. Finally, Northern Trust Corp lifted its holdings in shares of S&T Bancorp by 21.7% during the 4th quarter. Northern Trust Corp now owns 483,413 shares of the financial services provider's stock valued at $18,476,000 after buying an additional 86,317 shares during the period. Institutional investors own 65.22% of the company's stock.

S&T Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, August 14th. S&T Bancorp's dividend payout ratio (DPR) is presently 39.88%.

S&T Bancorp Company Profile

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.