S&T Bancorp Reports Record Third Quarter 2026 Earnings Per Share
S&T Bancorp, Inc. (STBA) announced strong financial results for the third quarter of 2026, highlighted by a record diluted earnings per share of $1.09. This represents a 19.8% increase compared to the same period in 2025 and a 6.9% increase over the second quarter of 2026. The growth was driven by higher net income and an 8.3% reduction in outstanding shares through repurchases since September 2025. The company saw expansion in its net interest margin (NIM), which rose to 4.06% on a fully taxable equivalent basis, up from 3.99% in the previous quarter. While net charge-offs increased slightly to $2.1 million, nonperforming assets decreased to $36.5 million. CEO Chris McComish attributed the performance to disciplined operating strategies and broad-based strength across the income statement.
Tickers: $STBA
Topics: earnings per share net income net interest margin return on equity