S&T Bancorp (STBA) Expected to Announce Earnings on Thursday

S&T Bancorp (NASDAQ:STBA - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $99.30 million for the quarter.

S&T Bancorp (NASDAQ:STBA - Get Free Report) last announced its earnings results on Thursday, April 24th. The financial services provider reported $0.87 EPS for the quarter, topping the consensus estimate of $0.74 by $0.13. The company had revenue of $93.75 million during the quarter, compared to analysts' expectations of $96.40 million. S&T Bancorp had a net margin of 23.84% and a return on equity of 9.71%. On average, analysts expect S&T Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

S&T Bancorp Stock Down 0.3%

Shares of STBA stock traded down $0.13 during trading on Friday, hitting $39.12. 111,521 shares of the company were exchanged, compared to its average volume of 163,635. 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 firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 11.27 and a beta of 0.89. The business's 50-day simple moving average is $37.79 and its 200 day simple moving average is $37.58. S&T Bancorp has a twelve month low of $30.84 and a twelve month high of $45.79.

S&T Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend was Thursday, May 15th. S&T Bancorp's dividend payout ratio is 39.19%.

Institutional Investors Weigh In On S&T Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in shares of S&T Bancorp by 10.1% in the 1st quarter. Royal Bank of Canada now owns 13,147 shares of the financial services provider's stock valued at $487,000 after acquiring an additional 1,206 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $843,000 after purchasing an additional 1,086 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of S&T Bancorp by 54.9% during the 1st quarter. AQR Capital Management LLC now owns 36,148 shares of the financial services provider's stock worth $1,339,000 after purchasing an additional 12,810 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in S&T Bancorp by 7.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,837 shares of the financial services provider's stock valued at $3,884,000 after acquiring an additional 7,286 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in S&T Bancorp in the first quarter valued at $4,211,000. 65.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

STBA has been the subject of several research analyst reports. Hovde Group started coverage on S&T Bancorp in a research report on Friday, June 27th. They issued a "market perform" rating and a $41.00 price objective for the company. Keefe, Bruyette & Woods reduced their price objective on 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. Piper Sandler began coverage on S&T Bancorp in a report on Friday. They issued a "neutral" rating and a $42.00 target price on the stock. Finally, Wall Street Zen raised S&T Bancorp from a "sell" rating to a "hold" rating in a research report on Sunday.

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.