Overview
- S&T reported third-quarter net income of $38.6 million and a record diluted earnings per share of $1.09 on Thursday, October 22, 2026.
- Net interest income rose to $93.1 million and the fully taxable-equivalent net interest margin expanded seven basis points to 4.06%, driving the quarter's core revenue gains.
- The company has repurchased 3,169,294 shares, equal to 8.3% of outstanding stock since the buyback began in Q4 2025, but conducted no repurchases during Q3.
- Asset quality and provisioning were stable with the allowance for credit losses unchanged at $93.3 million and nonperforming assets declining to $36.5 million.
- S&T reported capital ratios above well-capitalized thresholds, beat Zacks consensus EPS and revenue estimates, and will host a webcast for investors to discuss results and outlook.