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S&T Bancorp (STBA)
NASDAQ:STBA
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.75Last Year’s EPS
0.81Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: -0.44%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, with significant growth in customer deposits and loans, as well as improved asset quality and recognition for employee engagement. However, challenges such as declining noninterest income, competitive pressure in commercial real estate, and macroeconomic uncertainty were noted. Overall, the highlights moderately outweigh the lowlights.Company Guidance
During the S&T Bancorp First Quarter 2025 Conference Call, the company provided detailed guidance on several key financial metrics. The earnings per share (EPS) for Q1 2025 was reported at 87¢, with a net income of $33 million, both surpassing prior quarters and consensus estimates. Customer deposits grew by over 7% annualized, marking the seventh consecutive quarter of growth, while total loan growth was $93 million or 4.89% annualized. The net interest margin (NIM) expanded by four basis points to 3.81%, supported by a decline in funding costs. Asset quality remained robust, with the allowance for credit losses decreasing by approximately $2.5 million to end the quarter at 1.26% of total loans. Noninterest income saw a slight decline, while noninterest expenses slightly decreased compared to the previous quarter. The company emphasized its preparedness to handle macroeconomic uncertainties and potential regulatory requirements as it approaches $10 billion in assets, with expectations of continued growth in deposits and loans bolstered by strategic hires and pipeline development.Strong Financial Performance
EPS of 87¢ and net income of $33 million were both ahead of Q4 2024 and Q1 2024 and above consensus estimates. The return metrics were also strong.
Customer Deposit Growth
Customer deposit growth was over 7% annualized for the seventh straight quarter, totaling $135 million or 7.23% annualized growth.
Loan Growth
Total loan growth of $93 million or 4.89% annualized, driven by commercial real estate and commercial construction segments.
Asset Quality Improvement
Allowance for credit losses declined by approximately $2.5 million, ending the quarter at 1.26% of total loans.
Recognition and Employee Engagement
Received recognition from organizations like Forbes, S&P, and USA Today for strong financial performance and superior employee engagement.
Net Interest Margin Expansion
Net interest margin increased by four basis points to 3.81%, supported by a decline in the cost of funds.
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STBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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STBA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $36.19 | $36.47 | +0.77% |
| Jan 30, 2025 | $37.71 | $38.05 | +0.90% |
| Oct 17, 2024 | $41.51 | $40.66 | -2.05% |
| Jul 18, 2024 | $38.82 | $38.58 | -0.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does S&T Bancorp (STBA) report earnings?
S&T Bancorp (STBA) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is S&T Bancorp (STBA) earnings time?
S&T Bancorp (STBA) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STBA EPS forecast?
STBA EPS forecast for the fiscal quarter 2025 (Q1) is 0.75.
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