S&T Bancorp (STBA) AI Stock Analysis

• Market Cap: $1.50B
• Dividend Yield: 3.48%
• Average Volume (3M): 134.55K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.86
• Revenue Growth: 1.26%
• EPS Growth: -1.92%
• Country: US
• Employees: 1,206
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.87
• Shares Outstanding: 38,330,330
• 10 Day Avg. Volume: 161,077
• 30 Day Avg. Volume: 134,554
• PEG Ratio: 7.14
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.10
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 3.52
• Enterprise Value/Ebitda: 2.03
• 1Y Price Target: $42.00
• Price Target Upside: 6.73% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 77 Outperform
• Price Target: $42.00 ▲(6.73%Upside)

S&T Bancorp's overall score reflects a strong financial foundation, supported by solid earnings performance and strategic corporate actions. While technical analysis presents mixed signals, the stock's valuation and attractive dividend yield make it appealing. The positive earnings call and corporate events further reinforce a favorable outlook.

S&T Bancorp Business Overview & Revenue Model

Company Description

S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business Banking, Commercial Construction, 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. As of December 31, 2021, it operated 73 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.

How the Company Makes Money

S&T Bancorp generates revenue primarily through interest income, which is the difference between the interest earned on loans and the interest paid on deposits. The company offers a variety of loan products, such as commercial loans, residential mortgages, and consumer loans, which contribute significantly to its interest income. Additionally, S&T Bancorp earns non-interest income through service charges on deposit accounts, wealth management services, and fees from insurance products. The bank also benefits from strategic partnerships and a focus on maintaining a strong community presence, which helps in expanding its customer base and increasing its deposit base.

S&T Bancorp Financial Statement Overview

Summary

S&T Bancorp has shown strong revenue growth with a significant increase in net income, although net profit margins have decreased slightly. The balance sheet is robust, with a notable reduction in leverage, and cash flow management is stable, although profitability pressures remain.

Income Statement

S&T Bancorp has demonstrated strong revenue growth over recent years, increasing from $299M in 2019 to $515M in 2024. The gross profit margin remains robust at 100% due to its nature as a financial institution. However, the net profit margin has decreased slightly from 37.2% in 2023 to 25.5% in 2024, indicating pressure on profitability. The EBIT margin is notably high at 98.8% for 2024, reflecting efficient cost management.

Balance Sheet

The company's balance sheet reflects a healthy equity position with an equity ratio of 14.3% in 2024. The debt-to-equity ratio has improved significantly, dropping from 0.39 in 2023 to 0.11 in 2024, indicating a strong reduction in leverage. However, the banking industry typically operates with higher leverage, and this conservative approach may limit growth potential.

Cash Flow

The cash flow statements show a stable operating cash flow, with a slight increase in free cash flow in 2024. However, the free cash flow to net income ratio has decreased from 1.1 in 2023 to 1.32 in 2024, suggesting less cash is being generated relative to net income. The operating cash flow to net income ratio remains consistent, indicating steady cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	559.65M	564.96M	535.52M	399.01M	353.96M	380.21M
Gross Profit	386.87M	383.76M	389.14M	365.68M	324.59M	207.71M
EBITDA	167.36M	175.68M	186.32M	177.96M	147.15M	33.10M
Net Income	133.43M	131.26M	144.78M	135.52M	110.34M	21.04M
Balance Sheet
Total Assets	9.72B	9.66B	9.55B	9.11B	9.49B	8.97B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.23B	1.20B	1.21B	1.83B	1.00B
Total Debt	195.31M	250.31M	503.63M	439.19M	161.31M	227.93M
Total Liabilities	8.30B	8.28B	8.27B	7.93B	8.28B	7.81B
Stockholders Equity	1.42B	1.38B	1.28B	1.18B	1.21B	1.15B
Cash Flow
Free Cash Flow	151.60M	170.37M	165.53M	236.57M	212.50M	46.14M
Operating Cash Flow	155.68M	173.37M	171.75M	240.43M	216.11M	51.55M
Investing Cash Flow	-213.37M	-118.29M	-444.22M	-398.68M	13.24M	-159.20M
Financing Cash Flow	62.06M	-43.87M	296.07M	-554.05M	464.46M	139.49M

S&T Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 39.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STBA, the sentiment is Positive. The current price of 39.35 is above the 20-day moving average (MA) of 37.21, above the 50-day MA of 37.10, and above the 200-day MA of 38.32, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 67.01 is Neutral, neither overbought nor oversold. The STOCH value of 87.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for STBA.

S&T Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GABC	79 Outperform	$1.50B	16.06	8.85%	2.90%	16.91%	-12.55%
STBA	77 Outperform	$1.50B	11.26	9.84%	3.48%	1.26%	-1.92%
STEL	77 Outperform	$1.49B	13.31	7.40%	1.94%	-0.58%	-3.02%
NBHC	75 Outperform	$1.49B	13.48	8.68%	3.08%	1.63%	-16.82%
CCB	74 Outperform	$1.51B	30.33	12.78%	―	16.62%	18.72%
SRCE	72 Outperform	$1.58B	11.18	12.84%	2.36%	9.30%	15.19%
Sector *	61 Neutral	C$14.62B	6.19	20.17%	5.67%	26.93%	-38.21%

S&T Bancorp Corporate Events

S&T Bancorp Appoints New Chief Accounting Officer

On May 13, 2025, Melanie A. Lazzari was appointed as the executive vice president and chief accounting officer of S&T Bancorp, Inc. She has been with the company since 2010 as a controller and has over 20 years of experience in accounting and banking. Lazzari’s promotion did not result in immediate changes to her compensation, and her existing agreements with the company remain unchanged. This appointment reflects S&T Bancorp’s commitment to leveraging internal talent for leadership roles, potentially strengthening its operational stability and strategic execution.

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.

S&T Bancorp Extends $50M Share Repurchase Plan

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.

S&T Bancorp Holds Annual Shareholder Meeting in May

On May 13, 2025, S&T Bancorp, Inc. held its Annual Meeting of Shareholders where 31,887,966 shares were voted on three proposals. The shareholders elected 11 directors for a one-year term, ratified Ernst & Young LLP as the independent registered public accounting firm for 2025, and approved the advisory vote on executive compensation.

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.

S&T Bancorp Highlights Strategic Priorities in Investor Presentation

S&T Bancorp has released an investor presentation detailing its financial data and strategic priorities, emphasizing its commitment to sustainable growth and profitability. The company has been recognized for its strong workplace culture and performance, receiving accolades such as Forbes America’s Best Banks and USA Today Top Workplace. These recognitions highlight S&T’s focus on employee engagement and operational excellence, positioning it well for future growth and stakeholder confidence.

S&T Bancorp Reports Strong Q1 2025 Financial Results

S&T Bancorp, Inc. reported a net income of $33.4 million for the first quarter of 2025, showing an increase from both the previous quarter and the same quarter in 2024. The company experienced strong customer deposit and loan growth, an increase in net interest margin, and maintained excellent asset quality, which contributed to its solid financial performance. The total portfolio loans and deposits saw significant growth, and asset quality remained robust with a decrease in nonperforming assets. S&T Bancorp continues to maintain a strong regulatory capital position.