S&T Bancorp (STBA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of + ...

Given these factors, it shouldn't be surprising that STBA is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep S&T Bancorp on your short list. Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advant ...

Manuel Navas I think it was more about that there weren't any charges. Yes, I mean we typically have a certain small level of recoveries that our special assets folks are working on, but the fact that there is no significant charges at all in the quarter. Operator Mark, I'm sorry. I missed your comments on the criticized and classified levels that you made earlier. Can you maybe just kind of repeat those for me? I'm just trying to get a sense as to where those levels were at the end of the quarter versus la ...

S&T Bancorp (STBA) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. S&T Bancorp shares have added about 19.1% since the beginning of the year versus the S&P 500's gain of 17.2%. While S&T Bancorp has outperformed the market so far this year, the ques ...

INVESTOR CONTACT: Mark Kochvar S&T Bancorp, Inc. Chief Financial Officer 724.465.4826 mark.kochvar@stbank.com S&T Bancorp Inc. Announces Second Quarter 2024 Results Second Quarter of 2024 Highlights: • Pre-provision net revenue to average assets (PPNR) (non-GAAP) was 1.82% compared to 1.76% for the first quarter of 2024. • Net interest margin (NIM) (FTE) (non-GAAP) increased to 3.85% compared to 3.84% in the first quarter of 2024. • Nonperforming assets remain low at $35.0 million, or 0.45% of total loans p ...

About Energage "It is an honor to be named as a 2024 Top Workplace," stated Chris McComish, chief executive officer. "This award serves as recognition that our team members are engaged across the organization as we strive to live out our people-forward purpose. It represents another proof point that our employees feel empowered, valued and supported. I want to personally say thank you to our employees for their willingness to participate and provide invaluable feedback about our company." This award is a re ...

PERTINENT USER INFORMATION: To Ask Questions: The S&T Bancorp, Inc. Second Quarter Earnings Press Release can be accessed Thursday, July 18, 2024 at www.stbancorp.com. SOURCE S&T Bancorp, Inc. S&T Bancorp, Inc. intends to release its second quarter earnings before the market opens Thursday, July 18, 2024. After the live presentation, the webcast will be archived at www.stbancorp.com for 12 months. Second Quarter 2024 Earnings Release: S&T Bancorp, Inc. is a $9.5 billion bank holding company that is headquar ...

About Alex's Lemonade Stand Foundation (ALSF) ALSF emerged from the front yard lemonade stand of four-year-old Alexandra "Alex" Scott, who was fighiting cancer and wanted to raise money to find cures for all children with cancer. Her spirit and determination inspired others to support her cause, and when she passed away at the age of eight, she had raised $1 million. Since then, the Foundation bearing her name has evolved into a worldwide fundraising movement and the largest independent childhood cancer cha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-12508 ______________________________________ S&T BAN ...

In addition to the numbers that we'll go through on Page 5, in Q1, we saw further evidence of our progress as we were recognized by Forbes as one of America's best banks from a financial performance perspective, and one of America's best companies for employee loyalty and engagement. The employee loyalty award is broader Moving to Page 4, you'll see that loan growth for the quarter was muted, however, we saw meaningful deposit growth. Historically, Q1 is typically a lower loan growth quarter for us. On the ...