S&T BANCORP INC STBA
S&T Bancorp, Inc. was incorporated on March 17, 1983 under the laws of the Commonwealth of Pennsylvania as a bank holding company and is registered with the Board of Governors of the Federal Reserve System, or the Federal Reserve Board, under the Bank Holding Company Act of 1956, as amended, or the BHCA, as a bank holding company and a financial holding company. S&T Bancorp, Inc. has four active direct wholly-owned subsidiaries including S&T Bank, 9th Street Holdings, Inc., STBA Capital Trust I and DNB Capital Trust II, and owns a 50 percent interest in Commonwealth Trust Credit Life Insurance Company, or CTCLIC. When used in this Report, "S&T," "we," "us" or "our" may refer to S&T Bancorp, Inc. individually, S&T Bancorp, Inc. and its consolidated subsidiaries or certain of S&T Bancorp, Inc.'s subsidiaries or affiliates, depending on the context. As of December 31, 2025, we had approximately $9.9 billion in assets, $8.1 billion in total loans, $8.0 billion in deposits and $1.5 billion in shareholders' equity.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $516.5M | $515.9M | $477.9M | $340.8M | $289.3M | $320.5M | $320.5M | $289.8M | $260.6M | $227.8M |
| Interest expense | $350.1M | $334.8M | $349.4M | $315.8M | $13.2M | $41.1M | $73.7M | $55.4M | $34.9M | $24.5M |
| Pre-tax income | $167.9M | $164.8M | $178.8M | $168.9M | $135.7M | $21.0M | $117.4M | $123.2M | $119.4M | $96.7M |
| Income tax | $33.7M | $33.6M | $34.0M | $33.4M | $25.3M | $1.0K | $19.1M | $17.8M | $46.4M | $25.3M |
| Net income | $134.2M | $131.3M | $144.8M | $135.5M | $110.3M | $21.0M | $98.2M | $105.3M | $73.0M | $71.4M |
| EPS, basic | 3.51 | 3.43 | 3.76 | 3.47 | 2.81 | 0.54 | 2.84 | 3.03 | 2.10 | 2.06 |
| EPS, diluted | 3.49 | 3.41 | 3.74 | 3.46 | 2.81 | 0.53 | 2.82 | 3.01 | 2.09 | 2.05 |
| Shares, diluted (wtd. avg.) | $38.5M | $38.5M | $38.7M | $39.0M | $39.1M | $39.1M | $34.7M | $35.0M | $35.0M | $34.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $163.4M | $244.8M | $233.6M | $210.0M | $922.2M | $229.7M | $197.8M | $155.5M | $117.2M | $139.5M |
| Property, plant and equipment | — | — | — | — | — | — | $56.9M | $41.7M | $42.7M | $45.0M |
| Goodwill | $373.4M | $373.4M | $373.4M | $373.4M | $373.4M | $373.4M | $371.6M | $287.4M | $291.7M | $291.7M |
| Other intangibles | $2.3M | $3.1M | $4.1M | $5.4M | $6.9M | $8.7M | $10.9M | $2.6M | $3.7M | $4.9M |
| Total assets | $9.87B | $9.66B | $9.55B | $9.11B | $9.49B | $8.97B | $8.76B | $7.25B | $7.06B | $6.94B |
| Short-term debt | $165.0M | $150.0M | $415.0M | $370.0M | $0 | $140.2M | $301.2M | $488.4M | $590.2M | $710.8M |
| Total liabilities | $8.41B | $8.28B | $8.27B | $7.93B | $8.28B | $7.81B | $7.57B | $6.32B | $6.18B | $6.10B |
| Retained earnings | $1.12B | $1.04B | $959.6M | $863.9M | $773.7M | $710.1M | $761.1M | $701.8M | $628.1M | $585.9M |
| Total equity | $1.46B | $1.38B | $1.28B | $1.18B | $1.21B | $1.15B | $1.19B | $935.8M | $884.0M | $842.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $133.6M | $173.4M | $171.7M | $240.5M | $214.9M | $51.6M | $138.4M | $128.0M | $114.2M | $96.8M |
| Depreciation and amortisation | $10.4M | $10.9M | $7.5M | $9.0M | $11.5M | $12.1M | $11.7M | $7.3M | $2.5M | $3.6M |
| Stock-based compensation | $5.3M | $4.6M | $3.9M | $3.2M | $2.4M | $724.0K | $2.4M | $1.9M | $3.0M | $2.5M |
| Capital expenditure | $4.8M | $2.9M | $5.5M | $3.9M | $3.6M | $5.4M | $5.2M | $4.2M | $4.7M | $3.6M |
| Investing cash flow | -$314.8M | -$118.3M | -$444.2M | -$398.7M | $13.2M | -$159.2M | -$210.6M | -$202.0M | -$212.4M | -$616.7M |
| Financing cash flow | $99.8M | -$43.9M | $296.1M | -$554.1M | $464.5M | $139.5M | $114.5M | $112.3M | $75.8M | $559.9M |
| Dividends paid | $52.9M | $51.0M | $49.7M | $47.0M | $44.3M | $43.9M | $37.4M | $34.5M | $28.6M | $26.8M |
| Buybacks | $36.3M | $0 | $19.8M | $7.6M | $0 | $12.6M | $18.2M | $12.3M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000719220-26-000030.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |