S&T Bancorp (STBA) Meets Q4 Earnings Estimates

Financial Performance - S&T Bancorp reported quarterly earnings of $0.89 per share, matching the Zacks Consensus Estimate, and an increase from $0.86 per share a year ago [1] - The company posted revenues of $105.29 million for the quarter, exceeding the Zacks Consensus Estimate by 1.30% and up from $94.33 million year-over-year [2] - Over the last four quarters, S&T Bancorp has surpassed consensus EPS estimates three times and has also topped consensus revenue estimates three times [1][2] Stock Performance - S&T Bancorp shares have increased approximately 6.6% since the beginning of the year, compared to a 0.4% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.86 on revenues of $103.28 million, and for the current fiscal year, it is $3.53 on revenues of $423.3 million [7] - The estimate revisions trend for S&T Bancorp was mixed ahead of the earnings release, which may change following the recent report [6] Industry Context - The Banks - Northeast industry, to which S&T Bancorp belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook [8]