S&T Bancorp Q4 2023 Earnings Report

S&T Bancorp EPS Results

• Actual EPS: $0.96
• Consensus EPS: $0.86
• Beat/Miss: Beat by +$0.10
• One Year Ago EPS: N/A

S&T Bancorp Revenue Results

• Actual Revenue: $103.17 million
• Expected Revenue: $100.10 million
• Beat/Miss: Beat by +$3.07 million
• YoY Revenue Growth: N/A

S&T Bancorp Announcement Details

• Quarter: Q4 2023
• Date: 1/25/2024
• Time: N/A

S&T Bancorp (NASDAQ:STBA) operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers; and acts as a reinsurer of credit life, accident, and health insurance policies. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.