S&T Bancorp posts higher Q4 profit, announces new $100 mln buyback

Overview

• Bank holding company's Q4 net income was $34.0 mln, up from Q4 2024

• EPS for Q4 was $0.89, slightly down from Q3 2025

• Company announced new $100 mln share repurchase program

Outlook

• Company authorized a new $100 mln share repurchase program for capital management

• S&T Bancorp focuses on sustainable growth and shareholder value in 2026

Result Drivers

• NET INTEREST INCOME - Increased by $1.8 mln, or 1.93%, due to lower interest-bearing liability costs and strategic balance sheet repositioning

• LOAN GROWTH - Total portfolio loans increased $91.0 mln, or 4.52% annualized, driven by commercial loan growth

• ASSET QUALITY - Higher net charge-offs of $11.0 mln, primarily related to nonperforming asset resolutions

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for S&T Bancorp Inc is $41.00, about 2.2% below its January 21 closing price of $41.94

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPn1fNJ5da

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