S&T Bancorp Inc reports results for the quarter ended in March - Earnings Summary

S&T Bancorp

21/04/2022 16:55

* S&T Bancorp Inc  STBA.OQ  reported quarterly adjusted
earnings
of 74 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
59 cents per share.
    * Revenue fell 5.6% to $82.96 million from a year ago; 
analysts
expected $82.59 million. 
    * S&T Bancorp Inc's reported EPS for the quarter was 74
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * S&T Bancorp Inc shares had fallen by 0.5% this quarter and
lost 6.6% so far this year.
    * The company reported quarterly net income of $29.14
million.
    * Wall Street's median 12-month price target for S&T Bancorp
Inc
is $34.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 21 at 03:55 p.m.  ​All
figures in US dollars unless otherwise stated