Core Insights - S&T Bank has been recognized for the second consecutive year on Forbes America's Best Banks list, ranking 46th overall and being the top-ranked bank headquartered in Pennsylvania [1][3]. Company Performance - The recognition is attributed to S&T Bank's focus on a people-forward purpose, which has led to strong results for stakeholders in 2024, fostering growth and optimism for 2025 [2]. - The evaluation for the Forbes list involved ten equally weighted metrics assessing growth, credit quality, and profitability for the 12 months ending September 30, 2024, along with stock performance for the 12 months ending January 10, 2025 [2]. Company Overview - S&T Bancorp, Inc. is a bank holding company with assets totaling $9.7 billion, headquartered in Indiana, Pennsylvania, and trades on NASDAQ under the symbol STBA [4]. - S&T Bank, the principal subsidiary, was established in 1902 and operates in Pennsylvania and Ohio [4].
S&T BANK NAMED TO FORBES AMERICA'S BEST BANKS LIST FOR SECOND CONSECUTIVE YEAR