Quarterly ResultJul 27, 2026, 04:07 PM
S&T Bancorp Q2 Net Income $36.6M; EPS $1.02; $100M Buyback
AI Summary
S&T Bancorp reported solid second-quarter 2026 financial results, with net income of $36.6 million and diluted earnings per share of $1.02. The company achieved a return on average tangible equity of 14.15% and a net interest margin of 3.99%. Additionally, S&T Bancorp authorized a new $100 million share repurchase program in July 2026, following $133.4 million in repurchases over the past three quarters.
Key Highlights
- Q2 2026 Net Income was $36.6 million.
- Diluted EPS for Q2 2026 was $1.02, up 22.9% from Q2 2025.
- Return on Average Tangible Equity (ROTE) was 14.15%.
- Net Interest Margin (FTE) was strong at 3.99%.
- Loan growth was $99.0 million, or 5.0% annualized.
- Customer deposits were stable, while brokered deposits decreased by $100.4 million.
- Nonperforming assets decreased $9.7 million to $40.2 million.
- New $100 million share repurchase authorization in July 2026.
Price Impact
More from STBA