STOCK TITAN
  1. Home
  2. News
  3. STBA

S & T Bancorp, Inc. - STBA STOCK NEWS

Welcome to our dedicated news page for S & T Bancorp (Ticker: STBA), a resource for investors and traders seeking the latest updates and insights on S & T Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect S & T Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of S & T Bancorp's position in the market.

News
S&T Bancorp Inc. Declares Dividend
Rhea-AI Summary
S&T Bancorp Inc. (STBA) has declared a cash dividend of $0.33 per share, representing a 3.13% increase from the prior year. The annualized yield stands at 4.24%, with a record date of May 9, 2024, and a payment date of May 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
dividends
-
News
S&T Bancorp Inc. Announces First Quarter 2024 Results
Rhea-AI Summary
S&T Bancorp Inc. reported a net income of $31.2 million for the first quarter of 2024, with solid return metrics and a strong net interest margin. Total deposits increased to $7.6 billion, while nonperforming assets remained low. The company's CEO highlighted the success in executing strategies and being named to Forbes' list of America's Best Midsize Employers for the second year. Net interest income slightly decreased, but asset quality remained stable with a low allowance for credit losses. Noninterest income and expenses saw fluctuations, impacting the overall financial condition positively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
earnings
-
News
S&T Bancorp to Webcast First Quarter Earnings Call
Rhea-AI Summary
S&T Bancorp Inc. (STBA) will host a conference call to discuss its first quarter 2024 earnings, led by key executives on April 18, 2024. The earnings release will be available on the company's investor relations webpage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
conferences earnings
News
Forbes Names S&T Bank as One of America's Best Midsize Employers for Second Consecutive Year
Rhea-AI Summary
S&T Bank, a subsidiary of S&T Bancorp Inc. (NASDAQ: STBA), has been recognized by Forbes as one of America's Best Midsize Employers for the second year in a row. The ranking is based on a survey of 170,000 U.S.-based workers, highlighting the bank's people-centric approach and employee satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none
-
News
S&T Bancorp Announces Retirement of Steven J. Weingarten From Board of Directors
Rhea-AI Summary
S&T Bancorp, Inc. announced the retirement of Steven J. Weingarten, a board member, who will not stand for re-election at the 2024 Annual Meeting of Shareholders. Weingarten's legal expertise has been instrumental in enhancing governance practices at S&T, and his retirement will be effective in May 2024. Chris McComish, CEO, expressed gratitude for Weingarten's service and counsel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
management
-
News
S&T BANCORP, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Rhea-AI Summary
S&T Bancorp, Inc. announced fourth quarter and full year 2023 earnings with a net income of $37.0 million for Q4 2023. Earnings per diluted share increased 8.09% to a record $3.74 compared to 2022. Total portfolio loans and deposits increased, and nonperforming assets remained low. The company declared a $0.33 per share cash dividend, an increase of 3.13% compared to the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
earnings
News
S&T BANCORP, INC. DECLARES DIVIDEND
Rhea-AI Summary
S&T Bancorp, Inc. (STBA) announced an increase in their cash dividend to $0.33 per share, a 3.13% increase compared to the prior year. The annualized yield is 3.89%, payable to shareholders of record on February 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
dividends
-
News
S&T Bancorp Welcomes Bhaskar Ramachandran to its Board of Directors
Rhea-AI Summary
S&T Bancorp, Inc. (STBA) announced the addition of Bhaskar Ramachandran, a cybersecurity and information technology expert with 30 years of experience, to its board of directors. Ramachandran's extensive expertise in digital business strategies, emerging technologies, and cyber risk management will be a valuable asset as the company continues to digitally transform. He has previously served as the global vice president and chief information officer of PPG and has held leadership roles at Jabil Inc. and Textron Inc. Ramachandran's addition to the board is expected to strengthen the company's customer and community relationships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
management
-
News
S&T BANCORP TO WEBCAST FOURTH QUARTER EARNINGS CONFERENCE CALL
Rhea-AI Summary
S&T Bancorp, Inc. (STBA) announced a conference call for the company's fourth quarter and full year 2023 earnings to be held on January 25, 2024. The call will be conducted by CEO Christopher J. McComish, President David G. Antolik, and CFO Mark Kochvar. The public is invited to listen, and the earnings release will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
conferences earnings
News
S&T BANCORP, INC. INCREASES QUARTERLY CASH DIVIDEND
Rhea-AI Summary
S&T Bancorp, Inc. approves a $0.33 per share cash dividend, representing a 6.5% increase from the prior year. The annualized yield is 5.3%. Dividend payable on November 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
dividends
Stock STBA logo
S & T Bancorp, Inc.

Nasdaq:STBA

STBA Rankings

#2284 Ranked by Market Cap
#3987 Ranked by Stock Gains
#784 Ranked by Dividends

STBA Stock Data

1.12B
37.69M
1.39%
66.14%
2.4%
Commercial Banking
Finance and Insurance
Link
United States
Indiana

About STBA

headquartered in indiana, pa, s&t bancorp, inc. operates offices within allegheny, armstrong, blair, butler, cambria, centre, clarion, clearfield, indiana, jefferson, washington and westmoreland counties as well as loan production offices in northeast and central ohio. with assets of $4.7 billion, s&t bancorp, inc. stock trades on the nasdaq global select market under the symbol stba. our mission is to build relationships with our customers based on mutual confidence, trust and performance. we believe in establishing partnerships with a focus on longevity through strong customer service. s&t bank was founded in 1902 as “savings & trust company of indiana” with a single location in indiana, pennsylvania. we now provide a full range of financial services to families and businesses throughout the region and are a member of the fdic. we strive to serve our customers as a trusted resource, a community asset, a family advisor, a financial anchor and a source of civic pride. we recogniz