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S&T Bancorp ( (STBA) ) has issued an announcement.
On May 13, 2025, S&T Bancorp, Inc. announced an extension of its $50 million share repurchase plan, originally set to expire on May 30, 2025, now extended to July 31, 2026. This extension allows the company to repurchase its common stock through open market or privately negotiated transactions, depending on various factors such as market conditions and financial performance, without obligating the company to repurchase a specific number of shares.
The most recent analyst rating on (STBA) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on S&T Bancorp stock, see the STBA Stock Forecast page.
Spark’s Take on STBA Stock
According to Spark, TipRanks’ AI Analyst, STBA is a Outperform.
S&T Bancorp demonstrates strong financial performance with robust revenue growth and effective leverage reduction. The earnings call adds a positive outlook with strong deposit and loan growth. However, technical indicators suggest caution due to potential bearish trends, balanced by an attractive valuation offering. Overall, the stock is moderately attractive, supported by solid financials and a favorable valuation.
To see Spark’s full report on STBA stock, click here.
More about S&T Bancorp
Average Trading Volume: 181,272
Technical Sentiment Signal: Buy
Current Market Cap: $1.49B
For detailed information about STBA stock, go to TipRanks’ Stock Analysis page.