S&T Bancorp(US:STBA)2025-01-31 00:24Financial Performance - Full year net income was $131.3 million, with an EPS of $3.41[7] - Full year Return on Average Assets (ROA) was 1.37% and Return on Average Equity (ROE) was 9.86%[7] - Full year Return on Average Tangible Shareholders' Equity (ROTE) was 13.84% and Pre-provision Net Revenue (PPNR) was 1.77%[7] - Fourth quarter net income was $33.1 million, with an EPS of $0.86[12] - Fourth quarter Return on Average Assets (ROA) was 1.37% and Return on Average Equity (ROE) was 9.57%[12] - Fourth quarter Return on Average Tangible Shareholders' Equity (ROTE) was 13.25% and Pre-provision Net Revenue (PPNR) was 1.72%[12] Balance Sheet - Full year loan growth was $89.6 million, a 1.17% increase, and deposit growth was $261.3 million, a 3.47% increase[7] - Total deposit growth of $261.3 million for the full year, including $411.7 million (5.76%) of customer deposit growth[10] - Fourth quarter loan growth was $53.9 million, and deposit growth was $128.3 million[12] - Total deposit growth of $128.3 million for the fourth quarter, including $78.3 million (4.15% annualized) of customer deposit growth[15] Asset Quality and Net Interest Income - Full year Net Interest Margin (NIM) was 3.82%[7] - Fourth quarter Net Interest Margin (NIM) was 3.77%[12] - Nonperforming Assets (NPAs) decreased 5 basis points to 0.36% of total portfolio loans plus OREO[22] - The Allowance for Credit Losses (ACL) decreased 5 basis points to 1.31% compared to 1.36% at September 30, 2024[26]