S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services.
Flawless balance sheet established dividend payer.
Share Price & News
How has S&T Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STBA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: STBA underperformed the US Banks industry which returned -20% over the past year.
Return vs Market: STBA underperformed the US Market which returned 16.3% over the past year.
Price Volatility Vs. Market
How volatile is S&T Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StS&T Bancorp, Inc. (NASDAQ:STBA) Has Got What It Takes To Be An Attractive Dividend Stock
1 month ago | Simply Wall StWhat Type Of Shareholder Owns S&T Bancorp, Inc.'s (NASDAQ:STBA)?
2 months ago | Simply Wall StWhy S&T Bancorp, Inc.'s (NASDAQ:STBA) CEO Pay Matters To You
Is S&T Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STBA ($21.43) is trading below our estimate of fair value ($29.13)
Significantly Below Fair Value: STBA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STBA is poor value based on its PE Ratio (27.2x) compared to the US Banks industry average (9.9x).
PE vs Market: STBA is poor value based on its PE Ratio (27.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: STBA is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: STBA's PB Ratio (0.7x) is in line with the US Banks industry average.
How is S&T Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STBA's forecast earnings growth (68.8% per year) is above the savings rate (2.2%).
Earnings vs Market: STBA's earnings (68.8% per year) are forecast to grow faster than the US market (23.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STBA's revenue (10.6% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: STBA's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STBA's Return on Equity is forecast to be low in 3 years time (7.2%).
How has S&T Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STBA has a large one-off loss of $13.1M impacting its June 30 2020 financial results.
Growing Profit Margin: STBA's current net profit margins (14.2%) are lower than last year (38.8%).
Past Earnings Growth Analysis
Earnings Trend: STBA's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: STBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STBA had negative earnings growth (-72.5%) over the past year, making it difficult to compare to the Banks industry average (-2.9%).
Return on Equity
High ROE: STBA's Return on Equity (2.6%) is considered low.
How is S&T Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: STBA's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: STBA has a sufficient allowance for bad loans (127%).
Low Risk Liabilities: 94% of STBA's liabilities are made up of primarily low risk sources of funding.
Loan Level: STBA has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: STBA's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: STBA has an appropriate level of bad loans (1.2%).
What is S&T Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: STBA's dividend (5.23%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: STBA's dividend (5.23%) is in the top 25% of dividend payers in the US market (4.36%)
Stability and Growth of Payments
Stable Dividend: STBA's dividends per share have been stable in the past 10 years.
Growing Dividend: STBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (141.9%), STBA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STBA's dividends in 3 years are forecast to be covered by earnings (51.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Brice (58 yo)
Mr. Todd D. Brice has been the Chief Executive Officer of S&T BanCorp Inc. and its subsidiary S&T Bank since April 21, 2008. Mr. Brice served as the Chief Operating Officer of S&T BanCorp. Inc. and S&T Ban ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD2.02M) is below average for companies of similar size in the US market ($USD3.04M).
Compensation vs Earnings: Todd's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||12.33yrs||US$2.02m||0.30% |
|Senior EVP & CFO||10.5yrs||US$871.28k||0.17% |
|Senior EVP||10.5yrs||US$816.81k||0.11% |
|Chief Information Officer & Executive VP||5.08yrs||no data||no data|
|Executive VP||5.58yrs||no data||0.025% |
|Vice President of Marketing||no data||no data||no data|
|Executive VP Retail Banking Division Manager||8.58yrs||no data||no data|
|Executive VP & Marketing Division Manager||15.42yrs||no data||no data|
|Market President of Pennsylvania Region||8.58yrs||no data||no data|
|Deputy Chief Credit Office & Executive VP||6.17yrs||no data||no data|
|Chief Audit Executive & Executive VP||11.25yrs||no data||no data|
Experienced Management: STBA's management team is seasoned and experienced (8.6 years average tenure).
|CEO & Director||12.33yrs||US$2.02m||0.30% |
|VP & Wealth Management Adviser||no data||no data||no data|
|Independent Director||27.58yrs||US$104.20k||0.15% |
|Independent Director||5.42yrs||US$117.30k||0.55% |
|Independent Director||23.58yrs||US$120.20k||0.082% |
|Independent Director||19.58yrs||US$107.20k||0.084% |
|Independent Chairman||2.25yrs||US$175.60k||0.073% |
|Independent Director||7.58yrs||US$130.60k||0.056% |
|Independent Director||5.42yrs||US$122.50k||0.22% |
|Independent Director||5.42yrs||US$104.20k||0.049% |
|Independent Director||3.25yrs||US$119.10k||0.027% |
Experienced Board: STBA's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STBA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.
S&T Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: S&T Bancorp, Inc.
- Ticker: STBA
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$841.163m
- Shares outstanding: 39.25m
- Website: https://www.stbancorp.com
Number of Employees
- S&T Bancorp, Inc.
- 800 Philadelphia Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|STBA||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 1992|
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 operates through five segments: Commercial Real Estate, Co ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/08 23:43|
|End of Day Share Price||2020/08/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.