Earnings ·
S&T Bancorp reports $1.09 EPS for Q3 2026, up nearly 7% from prior quarter
STBAS&T Bancorp Inc
S&T Bancorp reported third-quarter 2026 net income of $38.6 million, or diluted earnings per share of $1.09, representing a 6.9% increase from the second quarter and a 19.8% rise year-over-year. The bank achieved a record EPS with strong return metrics, including a 14.81% return on average tangible equity and a net interest margin of 4.06%. Operating expenses were well-controlled, driving an efficiency ratio of 53.23%, while asset quality remained favorable with nonperforming assets at 0.45% and low annualized net charge-offs of 0.10%. The company operates in the financial services industry as a regional bank holding company.