Earnings ·
S&T Bancorp reported second quarter 2026 net income of $36.6 million, with diluted earnings per share of $1.02…
STBAS&T Bancorp Inc
S&T Bancorp reported second quarter 2026 net income of $36.6 million, with diluted earnings per share of $1.02, representing an 8.5% increase from the first quarter of 2026. The company achieved a return on average assets of 1.49% and a net interest margin (FTE) of 3.99%. Total portfolio loans grew by $99.0 million, while total deposits decreased by $99.1 million. On July 22, 2026, the Board authorized a new $100 million share repurchase program effective July 27, 2026, expiring August 31, 2027, which replaces and terminates the previous program. During the second quarter, the company repurchased 1,074,924 shares at an average price of $44.24. S&T Bancorp is a bank holding company that operates S&T Bank in Pennsylvania and Ohio.