S&T Bancorp, Inc. (STBA)

S&T Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	476.49	443.12	314.87	270.46	300.96	300.63
Interest Income on Investments	38.21	34.78	25.89	18.8	19.5	19.86
Total Interest Income	514.7	477.9	340.75	289.26	320.46	320.48
Interest Paid on Deposits	151.71	92.84	19.91	10.76	35.99	63.03
Interest Paid on Borrowings	26.34	35.66	5.06	2.39	5.09	10.67
Total Interest Expense	178.04	128.49	24.97	13.15	41.08	73.69
Net Interest Income	336.66	349.41	315.78	276.11	279.39	246.79
Net Interest Income Growth (YoY)	-4.73%	10.65%	14.37%	-1.17%	13.21%	5.27%
Trust Income	12.16	12.19	12.72	12.89	9.96	8.62
Mortgage Banking Activities	1.17	1.16	2.22	9.73	10.92	2.49
Gain (Loss) on Sale of Investments	-8.25	-	0.2	0.03	0.14	-2.34
Other Non-Interest Income	31.87	28.08	26.3	27	25.13	27.82
Total Non-Interest Income	53.17	57.62	58.26	64.7	59.75	49.91
Non-Interest Income Growth (YoY)	-3.68%	-1.10%	-9.95%	8.29%	19.71%	7.38%
Revenues Before Loan Losses	389.83	407.03	374.04	340.81	339.13	296.7
Provision for Loan Losses	3.54	17.89	8.37	16.22	131.42	14.87
Revenue	386.29	389.14	365.68	324.59	207.71	281.83
Revenue Growth (YoY)	-0.55%	6.42%	12.66%	56.27%	-26.30%	5.98%
Salaries and Employee Benefits	118.25	107.59	100.03	97.79	89.39	81.55
Occupancy Expenses	9.62	9.62	9.64	9.41	8.82	7.88
Federal Deposit Insurance	4.21	4.12	2.85	4.22	5.09	0.76
Selling, General & Administrative	54.38	53.73	50.8	45.85	45.37	38.96
Other Non-Interest Expense	30.35	35.28	33.42	31.66	35.66	23.97
Total Non-Interest Expense	216.8	210.33	196.75	188.93	184.33	153.12
EBT Excluding Unusual Items	169.5	178.8	168.93	135.67	23.38	128.71
Pretax Income	169.5	178.8	168.93	135.67	21.04	117.36
Income Tax Expense	34.25	34.02	33.41	25.33	-0	19.13
Net Income	135.25	144.78	135.52	110.34	21.04	98.23
Preferred Dividends & Other Adjustments	0.03	0.16	0.38	0.49	0.07	0.26
Net Income to Common	135.22	144.63	135.14	109.85	20.97	97.97
Net Income Growth	-8.62%	6.83%	22.82%	424.44%	-78.58%	-6.74%
Basic Shares Outstanding	38	38	39	39	39	35
Diluted Shares Outstanding	39	39	39	39	39	35
Shares Change (YoY)	-0.44%	-0.96%	-0.06%	-0.05%	12.67%	-0.85%
EPS (Basic)	3.54	3.76	3.47	2.81	0.54	2.83
EPS (Diluted)	3.51	3.74	3.46	2.81	0.53	2.82
EPS Growth	-7.89%	8.09%	23.13%	430.19%	-81.21%	-6.36%
Dividend Per Share	0.330	1.300	1.230	1.140	1.120	1.100
Dividend Growth	-74.42%	5.69%	7.89%	1.79%	1.82%	5.77%
Effective Tax Rate	20.21%	19.03%	19.78%	18.67%	-	16.30%

Source: S&P Capital IQ. Banks template. Financial Sources.