Compared to Estimates, S&T Bancorp (STBA) Q4 Earnings: A Look at Key Metrics

Core Insights - S&T Bancorp reported revenue of $94.33 million for Q4 2024, marking an 8.6% year-over-year decline and a surprise of -2.95% compared to the Zacks Consensus Estimate of$ 97.2 million [1] - The EPS for the quarter was $0.86, down from$ 0.96 a year ago, but exceeded the consensus estimate of $0.78 by 10.26% [1] Financial Performance Metrics - The Efficiency Ratio (FTE) was reported at 56.9%, slightly above the estimated 56.7% [4] - The Net Interest Margin (FTE) (non-GAAP) remained stable at 3.8%, matching the analyst estimate [4] - Average interest-earning assets totaled$ 8.86 billion, slightly below the estimated $8.87 billion [4] - Net loan charge-offs were reported at 0%, better than the 0.2% average estimate [4] - Net interest income (FTE) (non-GAAP) was$ 83.92 million, exceeding the average estimate of $83.65 million [4] - Total Noninterest income was$ 11.07 million, significantly lower than the estimated $13.95 million [4] Stock Performance - Over the past month, S&T Bancorp shares returned -0.5%, while the Zacks S&P 500 composite increased by 1.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]