1.20% 0.90% 0.60% 0.30% 0.00% -0.30% $150 $120 $90 $60 $30 $0 4Q21 2Q22 4Q22 1Q22 3Q22 2.50% O 2.00% O 1.50% 1.00% 0.50% - of 0.00% % Nonperforming Assets Dollars in millions 13 Net Interest Income • Net interest income increased | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|-----------------|-------|-------|-------|-------|-------| | $5.3 million, or 6%, due to higher interest rates | | | | | | | | NIM expanded 29 bps to 4.33% | | | | | | | | Loan Rate | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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 BANCORP, INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-1434426 (State or other jurisdiction of incorporation ...

S&T Bancorp, Inc. (NASDAQ:STBA) Q4 2022 Results Conference Call January 26, 2023 1:00 PM ET Company Participants Mark Kochvar - CFO Chris McComish - CEO Dave Antolik - President Conference Call Participants Daniel DeMille - Raymond James Michael Perito - KBW Matthew Breese - Stephens Daniel Cardenas - Janney Montgomery Scott Manuel Navas - D.A. Davidson Operator Welcome to the S&T Bancorp's Fourth Quarter Earnings Conference Call. After management's remarks, there will be a question-and-answer session. Now, ...

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 September 30, 2022 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 BANCORP INC. (Exact name of registrant ...

S&T Bancorp, Inc. (NASDAQ:STBA) Q3 2022 Earnings Conference Call October 20, 2022 1:00 PM ET Company Participants Mark Kochvar - Chief Financial Officer Chris McComish - Chief Executive Officer Dave Antolik - President Conference Call Participants Daniel Tamayo - Raymond James Michael Perito - KBW Matthew Breese - Stephens, Inc. Daniel Cardenas - Janney Montgomery Scott Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to the S&T Bancorp’s Third Quarter Earnings Conference Call. At ...

Third Quarter 2022 Earnings Supplement Forward Looking Statements and Risk Factors 2 This information contains or incorporates statements that we believe are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality, financial position and ...

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 June 30, 2022 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 BANCORP INC. (Exact name of registrant as s ...

Financial Data and Key Metrics Changes - The company reported a net income of $29 million, showing significant year-over-year and quarter-over-quarter increases in pre-provision net revenue (PPNR), driven by substantial margin expansion [8][12] - Net interest income increased by $7.5 million or 11% compared to the first quarter, with a net interest margin rate up 40 basis points [14][15] - The allowance for credit losses (ACL) decreased by 4 basis points to 1.39%, reflecting a cautious outlook due to broader economic concerns [14] Business Line Data and Key Metrics Changes - Consumer loan growth was solid, attributed to a strategic focus on deepening customer relationships, with newly originated production in the mortgage division contributing significantly [9][10] - Commercial and industrial (C&I) balances increased by $20 million, while commercial real estate (CRE) saw a reduction of $65 million during the quarter [10][12] - Mortgage production was higher by almost 25%, although mortgage banking income decreased by $0.5 million as production was directed to the portfolio [16] Market Data and Key Metrics Changes - The loan pipeline activity shifted, with mortgage and consumer pipelines down from Q1, while commercial and business banking pipelines increased [11] - Nonperforming assets (NPAs) decreased by nearly $21 million or 35% in the quarter, with a year-over-year reduction of $75 million or nearly 66% [12][30] Company Strategy and Development Direction - The company aims to strengthen its foundation based on customer trust and improve core operations while positioning for growth [6][9] - There is a focus on enhancing employee engagement and leadership capabilities to drive financial performance [6][8] - The strategic emphasis will continue on commercial banking, particularly in the middle market and small business segments, while enhancing treasury management and payment capabilities [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding future performance, highlighting the importance of monitoring customer liquidity and potential credit pressures due to rising rates [30][33] - The company is focused on maintaining a strong deposit franchise and customer relationships, which are seen as critical in uncertain economic times [22][33] - Future loan growth is expected to be moderate, with a focus on stability rather than aggressive expansion in a volatile market [38] Other Important Information - The company executed over $4 million in stock buybacks during the quarter, with approximately $33.3 million of repurchase capacity remaining [17][32] - Noninterest income decreased by $2.6 million, primarily due to declines in the fair value of assets in a nonqualified benefit plan [16] Q&A Session Summary Question: Fee income and expense guidance - Management expects net interest income and margin to increase significantly over the next two quarters, with a potential slight decrease if the Fed stops rate hikes [18][19] Question: Credit quality and nonperforming assets - Management noted significant improvement in NPAs and emphasized caution regarding liquidity and collateral values in the commercial book [28][30] Question: Capital deployment and buyback strategy - Management indicated a more serious consideration of buybacks moving forward, contingent on macroeconomic conditions and financial performance [32][33] Question: Deposit beta and interest rate sensitivity - Management anticipates a better deposit beta compared to previous cycles, with expectations of less than 30% through the cycle [39][40] Question: Balance sheet liquidity and asset sensitivity - Management provided insights on cash flows from the securities book and indicated a transition point in loan dynamics due to higher Fed rates [42][44]

Second Quarter 2022 Earnings Supplement Forward Looking Statements and Risk Factors 2 This information contains or incorporates statements that we believe are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality, financial position, an ...

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, 2022 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 BANCORP INC. (Exact name of registrant as ...