NasdaqGS:STBA

Stock Analysis Report

Executive Summary

S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

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


Market Performance


7 Day Return

-3.9%

NasdaqGS:STBA

-1.9%

US Banks

-1.9%

US Market


1 Year Return

-28.4%

NasdaqGS:STBA

-16.1%

US Banks

-3.3%

US Market

STBA underperformed the Banks industry which returned -16.1% over the past year.

STBA underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

STBAIndustryMarket
7 Day-3.9%-1.9%-1.9%
30 Day-10.9%-11.1%-6.2%
90 Day-12.8%-4.9%0.3%
1 Year-26.4%-28.4%-13.7%-16.1%-1.1%-3.3%
3 Year28.1%19.1%37.8%28.4%37.9%28.9%
5 Year54.9%36.5%49.3%33.2%50.8%34.1%

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

Valuation

Is S&T Bancorp undervalued based on future cash flows and its price relative to the stock market?

16%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

S&T Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).

S&T Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

S&T Bancorp is good value based on earnings compared to the US Banks industry average.

S&T Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

S&T Bancorp is good value based on expected growth next year.


Price Based on Value of Assets

S&T Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is S&T Bancorp expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

S&T Bancorp's revenue is expected to grow by 13% yearly, however this is not considered high growth (20% yearly).

S&T Bancorp's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).

S&T Bancorp's revenue growth is expected to exceed the United States of America market average.

S&T Bancorp's earnings growth is expected to exceed the United States of America market average.

S&T Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

S&T Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has S&T Bancorp performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

S&T Bancorp's year on year earnings growth rate has been positive over the past 5 years.

S&T Bancorp's 1-year earnings growth exceeds its 5-year average (34.1% vs 12.8%)

S&T Bancorp's earnings growth has exceeded the US Banks industry average in the past year (34.1% vs 33.1%).


Return on Equity

S&T Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

S&T Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if S&T Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

S&T Bancorp has an acceptable proportion of non-loan assets held.

S&T Bancorp has a sufficient allowance for bad loans.

S&T Bancorp's liabilities are made up of primarily low risk sources of funding.

S&T Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at S&T Bancorp are broadly funded by customer deposits.

S&T Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is S&T Bancorp's current dividend yield, its reliability and sustainability?

3.20%

Expected Dividend Yield


Dividend Yield and Payments Analysis

S&T Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

S&T Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3x coverage).


Next Steps

Management

What is the CEO of S&T Bancorp's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

Todd Brice (57yo)

11.3yrs

Tenure

US$1,262,779

Compensation

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

Todd's remuneration is lower than average for companies of similar size in United States of America.

Todd's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.6yrs

Average Tenure

57yo

Average Age

The average tenure for the S&T Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.6yrs

Average Tenure

62yo

Average Age

The tenure for the S&T Bancorp board of directors is about average.


Insider Trading

More shares have been bought than sold by S&T Bancorp individual insiders in the past 3 months.


Recent Insider Transactions

SellUS$65,89023 Jul 19
David Ruddock
EntityIndividual
Role
Chief Operating Officer
Senior EVP & COO
Shares1,768
Max PriceUS$37.36
BuyUS$75,95311 Jun 19
Todd Brice
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares2,035.87
Max PriceUS$37.31
BuyUS$110,25011 Jun 19
Robert Kane
EntityIndividual
Shares3,000
Max PriceUS$36.75
BuyUS$17,35011 Jun 19
Jerry Hostetter
EntityIndividual
Shares473
Max PriceUS$36.69
BuyUS$60,26912 Mar 19
James Gibson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,547
Max PriceUS$38.96
BuyUS$466,69108 Mar 19
James Gibson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares12,000
Max PriceUS$38.92
BuyUS$41,13015 Nov 18
Robert Kane
EntityIndividual
Shares1,000
Max PriceUS$41.13
SellUS$232,20030 Aug 18
James Miller
EntityIndividual
Shares5,000
Max PriceUS$46.44

Ownership Breakdown


Management Team

  • David Ruddock (57yo)

    Senior EVP & COO

    • Tenure: 6.3yrs
    • Compensation: US$565.55k
  • Todd Brice (57yo)

    CEO & Director

    • Tenure: 11.3yrs
    • Compensation: US$1.26m
  • Rich Fiscus (63yo)

    Executive VP Retail Banking Division Manager

    • Tenure: 7.6yrs
  • Mark Kochvar (58yo)

    Senior EVP & CFO

    • Tenure: 9.5yrs
    • Compensation: US$587.79k
  • Dave Antolik (52yo)

    President

    • Tenure: 0.6yrs
    • Compensation: US$665.04k
  • Rob Jorgenson (54yo)

    Executive VP & Marketing Division Manager

    • Tenure: 14.4yrs
  • Steve Drahnak (48yo)

    Market President of Pennsylvania Region

    • Tenure: 7.6yrs
  • Ernest Draganza (54yo)

    Senior EVP

    • Tenure: 9.5yrs
    • Compensation: US$609.11k
  • Jim Mill

    Chief Information Officer & Executive VP

    • Tenure: 4.1yrs
  • George Basara (60yo)

    Executive VP

    • Tenure: 4.6yrs

Board Members

  • Todd Brice (57yo)

    CEO & Director

    • Tenure: 11.3yrs
    • Compensation: US$1.26m
  • Jim Gibson (63yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: US$94.64k
  • Jeffrey Grube (65yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$99.44k
  • Frank Jones (74yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$82.04k
  • Michael Donnelly (61yo)

    Director

    • Tenure: 18.6yrs
    • Compensation: US$81.74k
  • Dave Antolik (52yo)

    President

    • Tenure: 0.6yrs
    • Compensation: US$665.04k
  • Olson Toretti (62yo)

    Chairman

    • Tenure: 1.3yrs
    • Compensation: US$179.34k
  • Richard Brok

    VP & Wealth Management Adviser

    • Tenure: 0.0yrs
  • Frank Palermo (66yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$110.74k
  • Steven Weingarten (60yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: US$95.44k

Company Information

S&T Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: S&T Bancorp, Inc.
  • Ticker: STBA
  • Exchange: NasdaqGS
  • Founded: 1902
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$1.173b
  • Shares outstanding: 34.44m
  • Website: https://www.stbancorp.com

Number of Employees


Location

  • S&T Bancorp, Inc.
  • 800 Philadelphia Street
  • Indiana
  • Pennsylvania
  • 15701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STBANasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1992

Biography

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 accepts time and demand deposits; and offers commercial an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:47
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.