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

S&T Bancorp (NASDAQ:STBA) is expected to be announcing its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $96.90 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

S&T Bancorp Price Performance

S&T Bancorp stock opened at $38.16 on Wednesday. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 10.87 and a beta of 0.84. The firm’s fifty day moving average is $39.80 and its 200 day moving average is $40.66. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.08. S&T Bancorp has a 52-week low of $28.83 and a 52-week high of $45.79.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of S&T Bancorp from a “sell” rating to a “hold” rating in a research note 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 business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $43.21, for a total transaction of $215,272.22. Following the transaction, the director now owns 23,143 shares in the company, valued at $1,000,009.03. The trade was a 17.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.38% of the company’s stock.

About S&T Bancorp

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.