S&T Bancorp (NASDAQ:STBA) will be issuing its quarterly earnings data before the market opens on Wednesday, April 18th. Analysts expect the company to announce earnings of $0.69 per share for the quarter.
S&T Bancorp (NASDAQ:STBA) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The business had revenue of $70.48 million during the quarter, compared to analysts’ expectations of $74.58 million. S&T Bancorp had a return on equity of 9.88% and a net margin of 23.08%. On average, analysts expect S&T Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NASDAQ STBA opened at $40.95 on Monday. The company has a market capitalization of $1,450.08, a P/E ratio of 16.58 and a beta of 0.83. S&T Bancorp has a 52 week low of $32.48 and a 52 week high of $43.17. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.
STBA has been the subject of several recent research reports. Zacks Investment Research raised S&T Bancorp from a “hold” rating to a “strong-buy” rating and set a $47.00 price target for the company in a research note on Saturday, December 23rd. ValuEngine cut S&T Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. BidaskClub raised S&T Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, January 13th. Finally, Piper Jaffray reissued a “hold” rating and issued a $42.00 price target on shares of S&T Bancorp in a research note on Tuesday, January 9th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $43.50.
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About S&T Bancorp
S&T Bancorp, Inc operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits.
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