S&T Bancorp (NASDAQ:STBA) Board of Directors Approves Share Buyback Program

S&T Bancorp (NASDAQ:STBA) announced that its board has approved a share buyback program on Thursday, January 22nd, RTT News reports. The company plans to buyback $100.00 million in outstanding shares. This buyback authorization permits the financial services provider to purchase up to 6.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have recently weighed in on STBA. Piper Sandler dropped their price target on S&T Bancorp from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Keefe, Bruyette & Woods raised their target price on shares of S&T Bancorp from $41.00 to $42.00 and gave the company a “market perform” rating in a report on Friday, October 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of S&T Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.00.

S&T Bancorp Price Performance

S&T Bancorp stock opened at $43.17 on Friday. The stock has a market capitalization of $1.65 billion, a P/E ratio of 12.44 and a beta of 0.92. S&T Bancorp has a 12-month low of $30.84 and a 12-month high of $43.90. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s 50-day moving average is $40.27 and its two-hundred day moving average is $38.72.

S&T Bancorp (NASDAQ:STBA) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.89. S&T Bancorp had a net margin of 23.72% and a return on equity of 9.32%. The business had revenue of $105.29 million for the quarter, compared to the consensus estimate of $103.46 million. Equities analysts predict that S&T Bancorp will post 3.05 earnings per share for the current year.

S&T Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Thursday, November 13th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.3%. This is a positive change from S&T Bancorp’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, November 13th. S&T Bancorp’s payout ratio is 41.50%.

Insider Buying and Selling

In other S&T Bancorp news, Director Jeffrey D. Grube bought 2,500 shares of S&T Bancorp stock in a transaction that occurred on Tuesday, October 28th. The shares were purchased at an average cost of $36.55 per share, for a total transaction of $91,375.00. Following the completion of the transaction, the director owned 44,985 shares of the company’s stock, valued at $1,644,201.75. This represents a 5.88% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.23% of the company’s stock.

More S&T Bancorp News

Here are the key news stories impacting S&T Bancorp this week:

• Positive Sentiment: Board authorized a $100 million share repurchase program, which supports earnings per share and signals management confidence. PR Newswire: Repurchase Program
• Positive Sentiment: Q4 results showed net income of $34.0M and revenue of $105.29M (above consensus $103.46M), and the company reported healthy net margin (~23.7%). These topline and profitability beats are a near-term catalyst. PR Newswire: Q4 & FY2025 Results
• Positive Sentiment: Management’s earnings call emphasized solid profits and a “credit cleanup,” implying improved asset quality and lower credit risk going forward — a positive for future earnings stability. TipRanks: Earnings Call Highlights
• Neutral Sentiment: EPS of $0.89 met consensus (in line with expectations). Meeting estimates removes downside but isn’t a clear beat for sentiment. Zacks: Meets Q4 Estimates
• Neutral Sentiment: Full earnings call transcript and slide deck are available for investors who want details on loan-loss trends, margins, and forward outlook. Seeking Alpha: Q4 2025 Transcript
• Negative Sentiment: Return on equity (9.32%) is modest; with EPS only in line with estimates, investors may expect further operational improvement or higher returns to justify a stronger re-rating. MarketBeat: Earnings Summary

About S&T Bancorp

S&T Bancorp, Inc is a bank holding company headquartered in Indiana, Pennsylvania, serving as the parent of S&T Bank. Established as a banking organization in 1902 with the holding company formation following in the early 1980s, S&T Bancorp has built its reputation on delivering community-oriented financial services. The company operates under the NASDAQ ticker STBA, maintaining a focus on personalized banking solutions and local decision-making.

The company’s main business activities encompass a full suite of retail and commercial banking products.