STBA earnings analysis
What we found in STBA's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
S&T Bancorp reported Q1 2026 results with revenues of $102.078 million, falling short of the estimate by about $1.435 million, while diluted EPS surpassed expectations at $0.94. Gross and operating margins show slight improvements but overall performance reflects a cautious but stable outlook in a mixed economic environment.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS Outperformance
- Diluted EPS of $0.94 exceeded estimates of $0.87, reflecting a surprise of 8.05%.
- Stable Margins
- Gross margin improved to 69.4% from 69.3% in Q1 2025, while operating margin increased to 30.7% from 30.8%.
- High Liquidity Position
- Maintained $1.0 billion in highly liquid assets, representing 10.5% of total assets.
- Increased Shareholder Returns
- The quarterly dividend was increased to $0.37, marking a 2.78% rise from the previous quarter.
- Impressive FCF Growth
- Free cash flow was $27 million, consistent with historical performance despite slight revenue decline.
- Active Share Buybacks
- 1,146,100 shares repurchased under the $100 million buyback program at an average price of $43.30.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Credit Loss Allowance
- There are ongoing concerns regarding the adequacy of credit loss allowances amid economic uncertainty.
- Nonperforming Assets Risk
- Continued vigilance required on nonperforming assets which may impact overall asset quality.
- Interest Rate Risk Exposure
- Sensitivity to interest rate changes remains a concern, specifically with rising rate environments impacting margins.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.94
- Gross margin
- 69.4%
- Operating margin
- 30.7%
What they said about what is next.
Management did not provide numeric forward guidance for future quarters.
The filing reads about the same as the one before it.
What came before.
- 10-K · February 27, 2026
- S&T Bancorp's 2025 10-K shows a midsized regional bank with $9.9 billion in assets, $8.1 billion in loans and $8.0 billion in deposits as of December 31, 2025, and continued focus on people-forward retail and commercial…
- 10-Q · May 2, 2024
- S&T reported Q1 results with total revenue of $96,307,000 (net interest income $83,477,000 + noninterest income $12,830,000), down from $101,981,000 a year earlier, and diluted EPS of $0.81 versus $1.02 in Q1 2023.…
- 10-K · February 27, 2024
- S&T Bancorp's 2023 Form 10-K presents a regional community bank with $9.6 billion in assets, $7.7 billion in loans and $7.5 billion in deposits as of December 31, 2023, positioning the company below the $10 billion…
- 10-Q · November 3, 2023
- S&T Bancorp reported quarter ended September 30, 2023 with revenue (net interest income plus noninterest income) of $99,569,000 and diluted EPS of $0.87. Net interest income rose to $87,387,000 (from $83,798,000),…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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