S&T Bancorp (NASDAQ:STBA) reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
S&T Bancorp beat estimated earnings by 8.51%, reporting an EPS of $1.02 versus an estimate of $0.94.
Revenue was up $19.02 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 3.71% increase in the share price the next day.
Here’s a look at S&T Bancorp’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.94 | 0.81 | 0.65 | 0.59 |
| EPS Actual | 1.03 | 0.95 | 0.74 | 0.74 |
| Revenue Estimate | 100.11M | 94.42M | 85.11M | 82.59M |
| Revenue Actual | 104.70M | 98.56M | 87.82M | 82.96M |
To track all earnings releases for S&T Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
