Brief: S&T Bancorp Q2 EPS USD 0.83

S&T Bancorp

24/07/2025 12:30

Overview

S&T Bancorp Q2 net income declines to $31.9 mln from $33.4 mln in Q1

Net interest income rises 3.90% driven by margin expansion and loan growth

Asset quality remains strong; nonperforming assets decrease to $21.3 mln

Outlook

Company remains confident in strategy and future growth opportunities

Result Drivers

NET INTEREST INCOME - Growth driven by margin expansion and solid loan growth, per CEO Chris McComish

ASSET QUALITY - Nonperforming assets decreased, indicating strong asset quality

NONINTEREST INCOME - Increase attributed to seasonal factors and previous securities repositioning loss

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.83
Q2 Net Income
$31.90 mln
Q2 Net Interest Income
$86.57 mln
Q2 Credit Loss Provision
$1.97 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for S&T Bancorp Inc is $40.50, about 4.6% above its July 23 closing price of $38.62

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn7vqpQDa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)