S&T Bancorp (STBA) Stock Price, News & Analysis

Company Overview

S&T Bancorp, Inc. 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.

Key Stats

• Today's Range: $42.01 to $43.09
• 50-Day Range: $37.59 to $44.24
• 52-Week Range: $27.43 to $45.79
• Volume: 121,882 shs
• Average Volume: 162,519 shs
• Market Capitalization: $1.63 billion
• P/E Ratio: 12.11
• Dividend Yield: 3.20%
• Price Target: $41.00
• Consensus Rating: Hold

S&T Bancorp Stock Analysis - MarketRank™

S&T Bancorp scored higher than 55% of companies evaluated by MarketBeat, and ranked 566th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

S&T Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

S&T Bancorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -10.12%

Earnings Growth

Earnings for S&T Bancorp are expected to decrease by -10.12% in the coming year, from $3.36 to $3.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of S&T Bancorp is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of S&T Bancorp is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.48.

Price to Book Value per Share Ratio

S&T Bancorp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.09% of the float of S&T Bancorp has been sold short.

Short Interest Ratio / Days to Cover

S&T Bancorp has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in S&T Bancorp has recently decreased by 18.76%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

S&T Bancorp pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

S&T Bancorp has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of S&T Bancorp is 38.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, S&T Bancorp will have a dividend payout ratio of 45.03% next year. This indicates that S&T Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.09% of the float of S&T Bancorp has been sold short.

Short Interest Ratio / Days to Cover

S&T Bancorp has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in S&T Bancorp has recently decreased by 18.76%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.91

News Sentiment

S&T Bancorp has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for S&T Bancorp this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, S&T Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $215,272.00 in company stock.

Percentage Held by Insiders

Only 1.38% of the stock of S&T Bancorp is held by insiders.

Percentage Held by Institutions

65.22% of the stock of S&T Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STBA Stock Analysis - Frequently Asked Questions

How have STBA shares performed this year?

S&T Bancorp's stock was trading at $33.42 on January 1st, 2024. Since then, STBA stock has increased by 27.2% and is now trading at $42.52.
View the best growth stocks for 2024 here.

How were S&T Bancorp's earnings last quarter?

S&T Bancorp, Inc. (NASDAQ:STBA) posted its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.03. The financial services provider earned $96.35 million during the quarter, compared to analyst estimates of $98.90 million. S&T Bancorp had a trailing twelve-month return on equity of 10.25% and a net margin of 23.69%.

Does S&T Bancorp have any subsidiaries?

S&T Bancorp subsidiaries include DNB Financial, IBT Bancorp, 9th Street Holdings Inc., Commonwealth Trust Credit Life Insurance Company, STBA Capital Trust I, S&T Bancholdings Inc., S&T Bank, and more.

Who are S&T Bancorp's major shareholders?

S&T Bancorp's top institutional shareholders include State Street Corp (4.38%), Charles Schwab Investment Management Inc. (3.74%), Geode Capital Management LLC (2.42%) and Principal Financial Group Inc. (0.51%). Insiders that own company stock include Jeffrey D Grube, William J Hieb, Frank J Palermo Jr and Lewis W Adkins Jr.
View institutional ownership trends.

How do I buy shares of S&T Bancorp?

Shares of STBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of S&T Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that S&T Bancorp investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Meta Platforms (META) and Home Depot (HD).

Company Calendar

• Last Earnings: 10/17/2024
• Ex-Dividend for 11/21 Dividend: 11/07/2024
• Today: 11/21/2024
• Dividend Payable: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:STBA
• CUSIP: 78385910
• CIK: 719220
• Web: www.stbancorp.com
• Phone: (800) 325-2265
• Fax: 724-465-1417
• Employees: 1,244
• Year Founded: 1902

Price Target and Rating

• Average Stock Price Target: $41.00
• High Stock Price Target: $41.00
• Low Stock Price Target: $41.00
• Potential Upside/Downside: -3.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.51
• Trailing P/E Ratio: 12.11
• Forward P/E Ratio: 12.65
• P/E Growth: N/A
• Net Income: $144.78 million
• Net Margins: 23.69%
• Pretax Margin: 29.70%
• Return on Equity: 10.25%
• Return on Assets: 1.41%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 0.99
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $535.52 million
• Price / Sales: 3.04
• Cash Flow: $4.16 per share
• Price / Cash Flow: 10.23
• Book Value: $35.96 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 38,260,000
• Free Float: 37,732,000
• Market Cap: $1.63 billion
• Optionable: Optionable
• Beta: 0.80