S&T Bancorp (NASDAQ:STBA – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 17th. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
S&T Bancorp (NASDAQ:STBA – Get Free Report) last issued its earnings results on Thursday, July 18th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.14. The business had revenue of $142.07 million during the quarter, compared to analyst estimates of $95.85 million. S&T Bancorp had a return on equity of 10.63% and a net margin of 24.20%. During the same quarter in the prior year, the firm earned $0.89 earnings per share. On average, analysts expect S&T Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
S&T Bancorp Stock Up 1.0 %
Shares of STBA opened at $41.20 on Tuesday. The firm has a market cap of $1.58 billion, a P/E ratio of 11.67 and a beta of 0.79. The stock has a 50 day simple moving average of $41.24 and a two-hundred day simple moving average of $36.16. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.99. S&T Bancorp has a 1 year low of $24.51 and a 1 year high of $45.79.
S&T Bancorp Dividend Announcement
Analysts Set New Price Targets
STBA has been the subject of several research reports. DA Davidson upped their target price on S&T Bancorp from $32.00 to $41.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. StockNews.com downgraded S&T Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, October 3rd.
Read Our Latest Research Report on S&T Bancorp
S&T Bancorp Company Profile
S&T Bancorp, Inc operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer.
See Also
- Five stocks we like better than S&T Bancorp
- Stock Sentiment Analysis: How it Works
- Whirlpool’s High Dividend Yield Is Too Good to Pass Up
- How Can Investors Benefit From After-Hours Trading
- Holiday Spending Boom Ahead: 3 BNPL Stocks Poised for Gains
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Boeing: A Perfect Storm of Trouble Is a Loaded Buying Opportunity
Receive News & Ratings for S&T Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&T Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.