DA Davidson Has Positive Outlook of S&T Bancorp Q2 Earnings

S&T Bancorp, Inc. (NASDAQ:STBA - Free Report) - Equities researchers at DA Davidson lifted their Q2 2025 earnings estimates for S&T Bancorp in a research report issued to clients and investors on Tuesday, July 1st. DA Davidson analyst M. Navas now forecasts that the financial services provider will earn $0.78 per share for the quarter, up from their previous forecast of $0.75. The consensus estimate for S&T Bancorp's current full-year earnings is $3.05 per share. DA Davidson also issued estimates for S&T Bancorp's FY2025 earnings at $3.30 EPS.

Several other research analysts have also issued reports on STBA. Wall Street Zen raised shares of S&T Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday, June 28th. Hovde Group assumed coverage on shares of S&T Bancorp in a research note on Friday, June 27th. They set 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 Trading Up 1.2%

Shares of STBA traded up $0.49 during trading hours on Wednesday, hitting $39.84. 87,944 shares of the stock were exchanged, compared to its average volume of 166,349. S&T Bancorp has a fifty-two week low of $30.84 and a fifty-two week 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 has a 50-day moving average of $37.29 and a 200-day moving average of $37.57. The firm has a market capitalization of $1.53 billion, a P/E ratio of 11.48 and a beta of 0.89.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STBA. Voya Investment Management LLC raised its holdings in S&T Bancorp by 41.0% during the first quarter. Voya Investment Management LLC now owns 49,656 shares of the financial services provider's stock worth $1,840,000 after buying an additional 14,431 shares during the last quarter. Jane Street Group LLC acquired a new position in S&T Bancorp during the first quarter worth $4,211,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in S&T Bancorp by 7.5% during 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 worth $3,884,000 after buying an additional 7,286 shares during the last quarter. Empowered Funds LLC raised its holdings in S&T Bancorp by 2.0% during the first quarter. Empowered Funds LLC now owns 139,621 shares of the financial services provider's stock worth $5,173,000 after buying an additional 2,767 shares during the last quarter. Finally, Dean Capital Management raised its holdings in S&T Bancorp by 7.6% during the first quarter. Dean Capital Management now owns 44,227 shares of the financial services provider's stock worth $1,639,000 after buying an additional 3,138 shares during the last quarter. 65.22% of the stock is owned by institutional investors.

S&T Bancorp Announces Dividend

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

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.