S&T Bancorp (NASDAQ:STBA - Get Free Report) is projected to announce its earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $96.40 million 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 (NASDAQ:STBA - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.08. S&T Bancorp had a net margin of 23.24% and a return on equity of 9.77%. 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 Trading Up 1.0 %
S&T Bancorp stock traded up $0.34 during midday trading on Friday, reaching $34.70. 178,036 shares of the stock traded hands, compared to its average volume of 165,219. The company has a 50-day simple moving average of $37.35 and a two-hundred day simple moving average of $39.06. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.07. S&T Bancorp has a 12-month low of $28.99 and a 12-month high of $45.79. The firm has a market cap of $1.33 billion, a PE ratio of 10.18 and a beta of 0.75.
S&T Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, February 13th. This represents a $1.36 annualized dividend and a dividend yield of 3.92%. S&T Bancorp's dividend payout ratio is currently 39.88%.
Insider Activity at S&T Bancorp
In other news, Director Bhaskar Ramachandran acquired 764 shares of the company's stock in a transaction on Thursday, February 13th. The shares were bought at an average cost of $39.25 per share, with a total value of $29,987.00. Following the purchase, the director now owns 1,251 shares of the company's stock, valued at $49,101.75. This represents a 156.88 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.23% of the stock is owned by corporate insiders.
About S&T Bancorp
(
Get Free Report)
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.
Featured Stories
Before you consider S&T Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and S&T Bancorp wasn't on the list.
While S&T Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
