S&T Bancorp (NASDAQ:STBA) to Buyback $100.00 million in Stock

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on STBA shares. Keefe, Bruyette & Woods upped their target price on S&T Bancorp from $41.00 to $42.00 and gave the stock a “market perform” rating in a report on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of S&T Bancorp in a report on Monday, December 29th. Finally, Piper Sandler reduced their price objective on S&T Bancorp from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. One research 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 company has a consensus rating of “Hold” and a consensus price target of $41.00.

S&T Bancorp Price Performance

NASDAQ:STBA traded up $1.23 during trading hours on Thursday, hitting $43.17. The company’s stock had a trading volume of 261,282 shares, compared to its average volume of 112,547. The company has a market capitalization of $1.65 billion, a PE ratio of 12.44 and a beta of 0.92. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50-day moving average is $40.27 and its two-hundred day moving average is $38.72. S&T Bancorp has a 52-week low of $30.84 and a 52-week high of $43.90.

S&T Bancorp (NASDAQ:STBA) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $0.89 EPS for the quarter, meeting analysts’ consensus estimates of $0.89. S&T Bancorp had a return on equity of 9.32% and a net margin of 23.72%.The firm had revenue of $105.29 million for the quarter, compared to analysts’ expectations of $103.46 million. As a group, research analysts anticipate that S&T Bancorp will post 3.05 EPS for the current fiscal year.

S&T Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were issued a $0.36 dividend. This is a boost from S&T Bancorp’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, November 13th. S&T Bancorp’s dividend payout ratio is currently 41.50%.

Key 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

Insider Activity at S&T Bancorp

In related news, Director Jeffrey D. Grube bought 2,500 shares of the business’s stock in a transaction on Tuesday, October 28th. The shares were bought at an average cost of $36.55 per share, for a total transaction of $91,375.00. Following the completion of the purchase, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.23% of the company’s stock.

S&T Bancorp Company Profile

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.