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Recap: S&T Bancorp Q1 Earnings

Author: Benzinga Insights | April 20, 2023 07:55am

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.

Posted In: STBA

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