FY2026 EPS Estimate for S&T Bancorp Decreased by Analyst

S&T Bancorp, Inc. (NASDAQ:STBA - Free Report) - Equities researchers at DA Davidson cut their FY2026 earnings estimates for shares of S&T Bancorp in a research report issued on Tuesday, July 1st. DA Davidson analyst M. Navas now expects that the financial services provider will earn $3.40 per share for the year, down from their prior estimate of $3.50. 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. Wall Street Zen raised S&T Bancorp from a "sell" rating to a "hold" rating in a report on Saturday, June 28th. Hovde Group started coverage on shares of S&T Bancorp in a research note on Friday, June 27th. They issued a "market perform" rating and a $41.00 target price on the stock. Finally, Keefe, Bruyette & Woods cut their target price on shares of S&T Bancorp from $44.00 to $43.00 and set a "market perform" rating on the stock in a research note on Monday, April 28th.

S&T Bancorp Stock Up 1.2%

STBA traded up $0.49 on Thursday, reaching $39.84. The company's stock had a trading volume of 87,944 shares, compared to its average volume of 166,618. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 11.48 and a beta of 0.89. S&T Bancorp has a 1 year low of $30.84 and a 1 year high of $45.79. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.00 and a quick ratio of 1.00. The business's 50 day moving average is $37.37 and its 200 day moving average is $37.55.

S&T Bancorp (NASDAQ:STBA - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.13. The firm had revenue of $93.75 million during the quarter, compared to the consensus estimate of $96.40 million. S&T Bancorp had a return on equity of 9.71% and a net margin of 23.84%.

S&T Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were paid a $0.34 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.41%. S&T Bancorp's dividend payout ratio (DPR) is presently 39.19%.

Institutional Investors Weigh In On S&T Bancorp

Institutional investors have recently modified their holdings of the stock. Nuveen LLC acquired a new stake in S&T Bancorp during the first quarter worth about $13,151,000. Vanguard Group Inc. raised its stake in S&T Bancorp by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 4,616,780 shares of the financial services provider's stock worth $176,453,000 after acquiring an additional 160,453 shares during the period. JPMorgan Chase & Co. raised its stake in S&T Bancorp by 333.4% during the fourth quarter. JPMorgan Chase & Co. now owns 150,183 shares of the financial services provider's stock worth $5,740,000 after acquiring an additional 115,528 shares during the period. Jane Street Group LLC acquired a new stake in S&T Bancorp during the first quarter worth about $4,211,000. Finally, Norges Bank acquired a new stake in S&T Bancorp during the fourth quarter worth about $4,181,000. Institutional investors and hedge funds own 65.22% of the company's stock.

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.