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

S&T Bancorp (NASDAQ:STBA) declared that its board has initiated a share repurchase plan on Thursday, January 22nd, RTT News reports. The company plans to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 6.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

S&T Bancorp Trading Up 2.9%

Shares of STBA stock traded up $1.23 on Thursday, reaching $43.17. 261,282 shares of the stock were exchanged, compared to its average volume of 112,547. The firm has a 50 day moving average of $40.27 and a two-hundred day moving average of $38.72. The stock has a market cap of $1.65 billion, a P/E ratio of 12.44 and a beta of 0.92. S&T Bancorp has a 1-year low of $30.84 and a 1-year high of $43.90. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.07.

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

S&T Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Thursday, November 13th were given a dividend of $0.36 per share. This is an increase from S&T Bancorp’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, November 13th. This represents a $1.44 annualized dividend and a dividend yield of 3.3%. S&T Bancorp’s dividend payout ratio (DPR) is presently 41.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Piper Sandler reduced their target price on shares of S&T Bancorp from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Keefe, Bruyette & Woods lifted their price target on S&T Bancorp from $41.00 to $42.00 and gave the stock a “market perform” rating in a research report on Friday, October 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of S&T Bancorp in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $41.00.

Insider Activity

In other S&T Bancorp news, Director Jeffrey D. Grube bought 2,500 shares of the stock in a transaction on Tuesday, October 28th. The stock was purchased at an average price of $36.55 per share, with a total value of $91,375.00. Following the acquisition, the director owned 44,985 shares of the company’s stock, valued at approximately $1,644,201.75. The trade was a 5.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.23% of the stock is owned by company insiders.

S&T Bancorp News Roundup

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

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.