S&T Bancorp (STBA) Expected to Announce Quarterly Earnings on Thursday

S&T Bancorp (NASDAQ:STBA) is expected to be releasing its earnings data before the market opens on Thursday, January 30th. Analysts expect S&T Bancorp to post earnings of $0.78 per share and revenue of $96,875.75 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

S&T Bancorp Stock Up 2.4 %

STBA opened at $38.26 on Tuesday. S&T Bancorp has a twelve month low of $28.83 and a twelve month high of $45.79. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $39.95 and a 200 day moving average price of $40.62. The company has a market cap of $1.46 billion, a PE ratio of 10.90 and a beta of 0.84.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of S&T Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, October 24th.

Insider Buying and Selling at S&T Bancorp

In other S&T Bancorp news, Director Frank J. Palermo, Jr. sold 4,982 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $43.21, for a total value of $215,272.22. Following the completion of the sale, the director now owns 23,143 shares in the company, valued at approximately $1,000,009.03. This represents a 17.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.38% of the stock is owned by insiders.

S&T Bancorp Company Profile

S&T Bancorp, Inc is a bank holding company, which engages in the provision of consumer, commercial, and small business banking services. It operates through the following segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer.