logo
Share SHARE
FONT-SIZE Plus   Neg

S&T Bancorp Q4 Profit Rises - Quick Facts

S&T Bancorp Inc. (STBA) posted an increase in fourth-quarter 2011 net income available to common shareholders to $9.32 million from $8.74 million a year earlier, while earnings per share grew to $0.33 from prior-year's $0.31. On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.35 for the quarter. Analysts' estimates typically exclude one-time items.

Net interest income after provisions, on an FTE basis, grew to $32.83 million from last year's $29.73 million, while noninterest income totaled $11.57 million versus $11.99 million in 2010. Analysts estimated revenues of $44.87 million for the fourth quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
International Consolidated Airlines Group S.A. Friday reported profit for the first quarter, compared to loss in the prior year, mainly reflecting higher passenger revenues and increased capacity. For fiscal 2016, IAG still expects to generate an absolute operating profit increase similar to 2015 as it expects to reduce underlying ex-fuel unit costs by around one percent. French drug maker Sanofi reported Friday a higher profit in its first quarter, while net sales were hurt mainly by weak results in Diabetes unit and Venezuela. Excluding Venezuela. Aggregate Group sales increased 3 percent at constant exchange rates. Looking ahead, the company continues to expect 2016 business earnings per share to be broadly stable at CER. LinkedIn Corp. (LNKD) on Thursday posted a loss for the first-quarter that widened from a year ago, hurt largely by higher operating costs. On an adjusted basis, earnings for the quarter improved and trumped Wall Street estimates, as revenues jumped 35 percent led by growth across all segments. Shares...
comments powered by Disqus
Follow RTT