S & T Bancorp Inc Stock Price, News & Analysis

S&T Bancorp (NASDAQ: STBA) announced significant leadership changes in its Board of Directors. Christine J. Toretti, who served as board chair since 2018 and director since 1984, will resign on September 28, 2025, following her appointment as ambassador to Sweden. The board has appointed CEO Christopher J. McComish as the new chairman, combining the CEO and chair roles. Additionally, Jeffrey D. Grube, a board member since 1997, has been named lead independent director.

Grube currently serves as chair of the credit risk committee and is a member of multiple other committees. The lead independent director will act as a liaison between the CEO and independent directors, oversee board operations and governance, and ensure effective board oversight.

S&T Bancorp (NASDAQ: STBA) has announced a quarterly cash dividend of $0.34 per share, representing a 3.03% increase from the previous year's dividend of $0.33. The dividend will be paid on August 28, 2025, to shareholders of record as of August 14, 2025. Based on the July 29, 2025 closing price of $37.63, this dividend represents an annualized yield of 3.61%.

S&T Bancorp (NASDAQ: STBA) reported Q2 2025 net income of $31.9 million, or $0.83 per diluted share, compared to $33.4 million ($0.87/share) in Q1 2025 and $34.4 million ($0.89/share) in Q2 2024.

Key highlights include net interest income growth of $3.3 million (3.90%), net interest margin expansion to 3.88%, and portfolio loan growth of $98.1 million (5.02% annualized). Total deposits increased by $28.0 million, while asset quality remained strong with nonperforming assets at just 0.27% of total loans.

The bank maintained strong performance metrics with ROA of 1.32%, ROE of 8.91%, and ROTE of 12.12%. The allowance for credit losses stood at $98.6 million, representing 1.24% of total portfolio loans.

S&T Bancorp (NASDAQ: STBA) has scheduled its second quarter 2025 earnings conference call and webcast for July 24, 2025 at 1:00 p.m. ET. The company plans to release its Q2 2025 earnings results before market opens on the same day.

The conference call will be led by key executives including Christopher J. McComish (CEO), David G. Antolik (President), and Mark Kochvar (CFO). Investors can access the live webcast through S&T Bank's Investor Relations webpage at stbancorp.com. The archived webcast will remain available for 12 months after the presentation.

Questions can be submitted via email to investor.relations@stbank.com prior to the webcast, or directly through the webcast platform starting at 12:45 p.m. ET until the presentation ends.

S&T Bank (NASDAQ: STBA) has been recognized as a Northeast Ohio Top Workplaces 2025 award winner by cleveland.com and The Plain Dealer. The recognition is based on employee feedback collected through a third-party survey by Energage, LLC, measuring factors such as employee empowerment, engagement, and alignment with company values.

To qualify for consideration, organizations needed at least 35 regional employees across eleven eligible counties in Northeast Ohio. CEO Chris McComish highlighted the team's dedication to serving customers' commercial, business, and consumer banking needs, while Chief Human Resources Officer Susan Nicholson emphasized the significance of authentic employee feedback in earning this recognition.

S&T Bank (NASDAQ: STBA) has raised over $117,000 for Alex's Lemonade Stand Foundation (ALSF) in 2025, marking their third consecutive year of exceeding fundraising goals. The bank expanded its initiative from Southeastern Pennsylvania to include their entire footprint across Pennsylvania and Ohio, hosting 72 lemonade stands at branch locations and operations centers from May 31 through June 7. ALSF, founded by four-year-old cancer patient Alexandra Scott before her passing in 2004, has raised over $300 million to fund cancer research, support families, and raise awareness. CEO Chris McComish praised employees' enthusiasm in driving community engagement, while ALSF co-executive director Liz Scott acknowledged S&T Bank's significant contribution to their mission of finding cures for childhood cancer.

S&T Bancorp (NASDAQ: STBA) announced that Frank J. Palermo, Jr. will not seek reelection to the board of directors after reaching mandatory retirement age, concluding 12 years of service. Palermo will complete his current term until May 13, 2025, following the Annual Meeting of Shareholders.

Palermo, who has served since 2013, is the managing shareholder of Palermo, Kissinger & Associates, P.C. since 1983. His extensive 43-year career includes roles as a Certified Public Accountant, Certified Valuation Analyst, and former chairman of Gateway Bank of Pennsylvania's audit committee from 2004 until its acquisition by S&T in 2012. He also served as chair of S&T's audit committee, bringing strategic fiscal expertise to the board.

S&T Bancorp (NASDAQ: STBA) has announced a quarterly cash dividend increase of $0.01, raising it to $0.34 per share. This represents a 3.03% increase from the previous year's dividend of $0.33.

The dividend will be paid on May 29, 2025, to shareholders of record as of May 15, 2025. Based on the company's closing stock price of $37.17 on April 29, 2025, this dividend provides an annualized yield of 3.66%.

This dividend declaration, approved by the board of directors on April 30, 2025, demonstrates S&T Bank's commitment to providing shareholder value through regular cash distributions.

S&T Bancorp (NASDAQ: STBA) reported strong Q1 2025 financial results with net income of $33.4 million, or $0.87 per diluted share, compared to $33.1 million in Q4 2024 and $31.2 million in Q1 2024.

Key highlights include:

• Return on average assets (ROA) of 1.41% and return on average equity (ROE) of 9.67%
• Net interest margin increased to 3.81%, up 4 basis points from Q4 2024
• Total portfolio loans grew by $93.4 million (4.89% annualized)
• Customer deposits increased by $134.7 million (7.23% annualized)
• Asset quality improved with nonperforming assets decreasing to $22.4 million (0.29% of total loans)

The bank maintained strong capital ratios while reducing higher-cost borrowings by $55.0 million to $195.3 million.