Brief: S&T Bancorp Announces Q1 2020 Results And Declares First Quarter Dividend

S&T Bancorp

30/04/2020 12:52

April 30 (Reuters) - S&T Bancorp Inc  STBA.O :
    * S&T BANCORP, INC. ANNOUNCES FIRST QUARTER 2020 RESULTS AND
DECLARES FIRST QUARTER DIVIDEND
    * Q1 EARNINGS PER SHARE $0.34
    * Q1 EARNINGS PER SHARE ESTIMATE $0.50 -- REFINITIV IBES
DATA
    * DECLARED A $0.28 PER SHARE DIVIDEND
    * NET INTEREST INCOME INCREASED $5.6 MILLION TO $70.0
MILLION FOR
Q1
    * S&T BANCORP- PROVISION FOR CREDIT LOSSES INCREASED TO
$20.0
MILLION IN Q1 OF 2020 COMPARED TO $2.2 MILLION IN Q4 2019
    * S&T BANCORP- AS THE IMPACT OF THE COVID-19 PANDEMIC
SPREAD,
REPURCHASE ACTIVITY WAS SUSPENDED IN MID-MARCH

Source text for Eikon:  ID:nPn4FtbQKa 
Further company coverage:  STBA.O 

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