S&T BANCORP INC

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.

S&T Bancorp reported strong second quarter 2026 results with diluted earnings per share of $1.02, an increase of 8.5% quarter-over-quarter and 22.9% year-over-year. Net income reached $36.6 million, driven by solid return metrics and loan growth. Concurrently, the company's board authorized a new $100 million share repurchase program, replacing the existing one, to expire in August 2027.

S&T Bancorp, Inc. held its 2026 Annual Meeting of Shareholders on May 12, 2026, where shareholders voted on three proposals. All 11 directors named in the proxy statement were elected, Ernst & Young LLP was ratified as the independent registered public accounting firm for fiscal year 2026, and the advisory proposal on named executive officer compensation was approved. Additionally, the Board of Directors approved a reorganization of its committees, which included the dissolution of the Credit Risk Committee and the establishment of a Technology and Operations Committee, along with new committee appointments.

S&T Bancorp announced the specific committee appointments for Stephanie Nycum Doliveira, who was previously appointed to the Board of Directors. Effective May 12, 2026, Ms. Doliveira will serve as a member of the Audit Committee, the Compensation and Benefits Committee, and the Technology and Operations Committee. Her initial appointment to the Board was effective October 29, 2025.

S&T Bancorp reported a 5% increase in net income to $35.07 million for the first quarter of 2026, with basic earnings per share rising to $0.95. Net interest income grew by 6.14% to $88.44 million, while total deposits increased by 2.84% quarter-over-quarter to $8.19 billion. The company also declared a dividend of $0.36 per share and repurchased $50.17 million in common stock.

S&T Bancorp reported solid first-quarter 2026 results with net income of $35.1 million and diluted EPS of $0.94. The company achieved strong deposit growth of $226.4 million, an 11.5% annualized increase, while loans declined by $112.6 million. Asset quality improved, and the company increased its quarterly cash dividend to $0.37 per share, alongside ongoing share repurchases.

S&T Bancorp, Inc. (STBA) announced its board of directors approved a quarterly cash dividend of $0.37 per share. This represents an increase of $0.01, or 2.78%, from the prior quarter's dividend and an 8.82% increase year-over-year. The dividend is payable on May 28, 2026, to shareholders of record as of May 14, 2026.

S&T Bancorp, Inc. announced its financial results for the first quarter ended March 31, 2026, on April 23, 2026. The company issued a press release detailing its earnings, which was furnished as Exhibit 99.1 to the Form 8-K. Additionally, supplemental financial information related to these results has been made available on S&T's website and is included as Exhibit 99.2.

S&T Bancorp has amended and restated the employment agreement with CEO Christopher J. McComish, extending his term through January 1, 2030, with automatic one-year renewals unless notice of non-renewal is provided. The agreement also includes provisions for automatic renewal for two years following a Change in Control, ensuring stability in leadership during potential transitions.