S&T Bancorp (NASDAQ:STBA - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $96,875.75 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.
S&T Bancorp Stock Up 0.3 %
NASDAQ:STBA traded up $0.12 during mid-day trading on Thursday, reaching $37.16. The company's stock had a trading volume of 53,577 shares, compared to its average volume of 152,576. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.08. S&T Bancorp has a 1 year low of $28.83 and a 1 year high of $45.79. The stock has a fifty day moving average of $40.16 and a 200-day moving average of $40.51. The firm has a market capitalization of $1.42 billion, a PE ratio of 10.57 and a beta of 0.84.
Insider Activity
In other news, Director Frank J. Palermo, Jr. sold 4,982 shares of the company's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $43.21, for a total transaction of $215,272.22. Following the transaction, the director now directly owns 23,143 shares of the company's stock, valued at approximately $1,000,009.03. This represents a 17.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.38% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of S&T Bancorp from a "sell" rating to a "hold" rating in a research note on Thursday, October 24th.
Read Our Latest Stock Report on STBA
About S&T Bancorp
(
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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.
Further Reading
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