STBA

In the past six months (March 2026 to September 2026), S&T Bancorp reported strong second-quarter 2026 earnings, with diluted earnings per share of $1.02, surpassing analyst estimates of $0.92, and revenue reaching $105.24 million, exceeding expectations. Net income increased by 8.5% quarter-over-quarter and 22.9% year-over-year, leading to a 2.16% rise in share price to $50.67 after the Q2 report. The company authorized a new $100 million share repurchase program, covering up to 5.6% of its outstanding shares, and raised its quarterly dividend by 8.8% to $0.37 per share, marking 13 consecutive years of increases. The stock has been trading near multi-month highs following these positive announcements, with a share price of $50.17 as of September 18, 2026, and a 52-week range between $34.38 and $53.50. BlackRock, Inc. built a new 14.33% stake in the company, indicating institutional confidence, although a director, William Hieb, engaged in insider selling totaling US$887,075 on August 11, 2026. The stock experienced a slight pullback, down 2.6% over the week leading up to September 23, 2026, though it remained up 25.5% year-to-date, partly due to broader regional bank sector softness from rising Treasury yields.