Recent Updates — STBA
S&T Bancorp, Inc.'s board of directors approved a quarterly cash dividend increase to $0.37 per share, up from $0.34 in the prior year period. The dividend is payable on August 27, 2026, to shareholders of record as of August 18, 2026. This represents an 8.82 percent increase and implies an annualized yield of 2.81 percent based on the August 4, 2026 closing price of $52.68. S&T Bancorp is a bank holding company operating S&T Bank in Pennsylvania and Ohio.
S&T Bancorp, Inc. announced a new $100 million share repurchase authorization in July 2026. For the second quarter of 2026, the company reported net income of $36.6 million and EPS of $1.02, with a return on average tangible equity (ROTE) of 14.15%. The company operates in the banking industry, providing financial services to households and businesses in Pennsylvania and Ohio.
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.