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S&T Bancorp Q4 Profit Declines - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

S&T Bancorp, Inc. (STBA) announced that its fourth-quarter net income available to common Shareholders decreased to $7.6 million, from $15.8 million in the comparable period one year ago. Earnings per share were $0.28 per share compared to $0.57 per share in the fourth quarter of 2008. Analysts polled by Thomson Reuters expected the company to report earnings of $0.24 per share for the quarter. Analysts' estimates typically exclude special items.

Net Interest Income after provisions for the quarter was $27.33 million, compared to $36.41 million in the prior year quarter. Total non-interest income was $11.37 million, compared to $9.80 million in year ago quarter.

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