Stocks STBA Financial statements
Financial statementsS&T BANCORP INC financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data S&T BANCORP INC files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | 24.5 | 34.9 | 55.4 | 73.7 | 41.1 | 13.2 | 25 | 128 | ||
| Pre-tax income | 96.7 | 119 | 123 | 117 | 21 | 136 | 169 | 179 | 165 | 168 |
| Income tax | 25.3 | 46.4 | 17.8 | 19.1 | -0 | 25.3 | 33.4 | 34 | 33.6 | 33.7 |
| Net income | 71.4 | 73 | 105 | 98.2 | 21 | 110 | 136 | 145 | 131 | 134 |
| EPS, basic | 2.06 | 2.10 | 3.03 | 2.84 | 0.54 | 2.81 | 3.47 | 3.76 | 3.43 | 3.51 |
| EPS, diluted | 2.05 | 2.09 | 3.01 | 2.82 | 0.53 | 2.81 | 3.46 | 3.74 | 3.41 | 3.49 |
| Shares, basic (weighted) | 34.7 | 34.7 | 34.8 | 34.6 | 39.1 | 39.1 | 39 | 38.4 | 38.2 | 38.2 |
| Shares, diluted (weighted) | 34.8 | 35 | 35 | 34.7 | 39.1 | 39.1 | 39 | 38.7 | 38.5 | 38.5 |
| Dividend per share | 0.77 | 0.82 | 0.99 | 1.09 | 1.12 | 1.13 | 1.20 | 1.29 | 1.33 | 1.38 |
Balance sheet
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 139 | 117 | 155 | 198 | 230 | 922 | 210 | 234 | 245 | 163 |
| Property, plant and equipment | 45 | 42.7 | 41.7 | 56.9 | 55.6 | 52.6 | 49.3 | 49 | 45 | 43.9 |
| Lease right-of-use assets | 47.7 | 46.2 | 44.1 | 43.1 | 42.1 | 40.3 | 38.1 | |||
| Goodwill | 292 | 292 | 287 | 372 | 373 | 373 | 373 | 373 | 373 | 373 |
| Intangible assets | 4.91 | 3.68 | 2.6 | 10.9 | 8.68 | 6.9 | 5.38 | 4.06 | 3.06 | 2.25 |
| Total assets | 6,943 | 7,060 | 7,252 | 8,765 | 8,968 | 9,489 | 9,111 | 9,552 | 9,658 | 9,871 |
| Short-term debt | 711 | 590 | 488 | 301 | 140 | 0 | 370 | 415 | 150 | 165 |
| Total liabilities | 6,101 | 6,176 | 6,316 | 7,573 | 7,813 | 8,282 | 7,926 | 8,268 | 8,278 | 8,407 |
| Total debt | 60.3 | 92.9 | 116 | 115 | ||||||
| Paid-in capital | 213 | 216 | 210 | 400 | 401 | 403 | 406 | 409 | 412 | 413 |
| Retained earnings | 586 | 628 | 702 | 761 | 710 | 774 | 864 | 960 | 1,039 | 1,120 |
| Treasury stock | -33.6 | -32.1 | -43.6 | -61 | -68.6 | -66.8 | -77.1 | -97.9 | -97.2 | -131 |
| Other comprehensive income | -13.8 | -18.4 | -23.1 | -11.7 | 8.97 | -7.09 | -112 | -90.9 | -77 | -41.7 |
| Shareholders' equity | 842 | 884 | 936 | 1,192 | 1,155 | 1,206 | 1,185 | 1,283 | 1,380 | 1,464 |
| Total equity | 842 | 884 | 936 | 1,192 | 1,155 | 1,206 | 1,185 | 1,283 | 1,380 | 1,464 |
| Total liabilities and equity | 6,943 | 7,060 | 7,252 | 8,765 | 8,968 | 9,489 | 9,111 | 9,552 | 9,658 | 9,871 |
| Shares outstanding | 34.9 | 35 | 34.7 | 39.6 | 39.3 | 39.4 | 39 | 38.2 | 38.3 | 37.4 |
Cash flow statement
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 71.4 | 73 | 105 | 98.2 | 21 | 110 | 136 | 145 | 131 | 134 |
| Depreciation and amortization | 3.63 | 2.5 | 7.3 | 11.7 | 12.1 | 11.5 | 9.03 | 7.52 | 10.9 | 10.4 |
| Stock-based compensation | 2.54 | 3.01 | 1.89 | 2.44 | 0.72 | 2.43 | 3.19 | 3.87 | 4.62 | 5.34 |
| Deferred income tax | 0.54 | 13.8 | 3.51 | -0.38 | -4.4 | 2.38 | -2.93 | 0.6 | -0.3 | 0.18 |
| Cash from operations | 96.8 | 114 | 128 | 138 | 51.6 | 215 | 241 | 172 | 173 | 134 |
| Capital expenditures | -3.56 | -4.69 | -4.17 | -5.15 | -5.42 | -3.61 | -3.86 | -5.51 | -2.94 | -4.77 |
| Acquisitions | 0 | 0 | 0 | 63.8 | ||||||
| Purchases of investments | -113 | -157 | -92.6 | -130 | -178 | -314 | -401 | -99.6 | -314 | -142 |
| Sales and maturities of investments | 74.1 | 81 | 89.8 | 92.4 | 206 | 145 | 161 | 148 | 160 | 133 |
| Cash from investing | -617 | -212 | -202 | -211 | -159 | 13.2 | -399 | -444 | -118 | -315 |
| Debt issued | 0 | 35 | 25 | 10 | 0 | 0 | 0 | 25 | 50 | 0 |
| Debt repaid | -2.41 | -1.99 | -35.9 | -27.2 | -11 | -7.69 | -5.46 | -38.4 | -0.08 | |
| Share buybacks | 0 | 0 | -12.3 | -18.2 | -12.6 | 0 | -7.64 | -19.8 | 0 | -36.3 |
| Dividends paid | -26.8 | -28.6 | -34.5 | -37.4 | -43.9 | -44.3 | -47 | -49.7 | -51 | -52.9 |
| Cash from financing | 560 | 75.8 | 112 | 114 | 139 | 464 | -554 | 296 | -43.9 | 99.8 |
| Net change in cash | 40.1 | -22.3 | 38.3 | 42.3 | 31.8 | 693 | -712 | 23.6 | 11.2 | -81.4 |
| Free cash flow | 93.2 | 110 | 124 | 133 | 46.1 | 211 | 237 | 166 | 170 | 129 |
| Interest paid | 22.8 | 33.6 | 53 | 75.3 | 44.4 | 15.2 | 22.1 | 111 | 176 | 172 |
| Income taxes paid | 26.7 | 33.8 | 15.7 | 14.7 | 6.23 | 24.2 | 31.2 | 36.9 | 29.7 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Effective tax rate | 20.0% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on equity (ROE) | 10.0% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | 1.4% | Net income / average total assets. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Net income growth, 1y | 2.3% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | -0.3% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income CAGR, 5y | 44.9% | Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EPS growth, 1y | 2.3% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | 0.3% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS CAGR, 5y | 45.8% | Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | -22.9% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | -17.8% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 21.0% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | -24.4% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | -18.3% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Free cash flow CAGR, 5y | 22.8% | Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Dividend per share growth, 1y | 3.8% | Dividend per share vs the same period a year earlier. Only from a positive base. |
| Dividend per share CAGR, 3y | 4.8% | Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Dividend per share CAGR, 5y | 4.3% | Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Book value growth, 1y | 6.1% | Book value vs the same period a year earlier. Only from a positive base. |
| Book value CAGR, 3y | 7.3% | Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Book value CAGR, 5y | 4.9% | Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Total assets growth, 1y | 2.2% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 2.7% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets CAGR, 5y | 1.9% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Share count change, 1y | -0.1% | Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 3y | -0.5% | Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 5y | -0.3% | Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Liabilities / assets | 85.9% | Total liabilities / total assets. |
| Goodwill and intangibles / assets | 3.8% | (Goodwill + intangible assets) / total assets. |
| Tangible book value | $1.03B | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| FCF conversion | 101.7% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 2.5% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | $3.91 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| FCF per share | $3.97 | Free cash flow / diluted weighted shares. |
| Operating cash flow per share | $4.08 | Cash from operations / diluted weighted shares. |
| Book value per share | $39.81 | Shareholders' equity / shares outstanding (diluted weighted shares when not reported). |
| Tangible book per share | $29.17 | Tangible book value / shares outstanding. |
| Cash per share | $6.18 | (Cash + short-term investments) / shares outstanding. |
| Payout ratio | 38.0% | Dividends paid / net income, when net income is positive. |
| Dividends / FCF | 37.3% | Dividends paid / free cash flow, when free cash flow is positive. |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $1.76B | Share price x shares outstanding. |
| Enterprise value | $1.54B | Market cap + total debt - cash - short-term investments. |
| P/E | 12.5x | Market cap / net income. Only when net income is positive. |
| P/B | 1.25x | Market cap / shareholders' equity. Only when equity is positive. |
| Price / tangible book | 1.71x | Market cap / tangible book value, when positive. |
| P/FCF | 12.3x | Market cap / free cash flow. Only when free cash flow is positive. |
| P/OCF | 12.0x | Market cap / cash from operations, when positive. |
| EV/FCF | 10.8x | Enterprise value / free cash flow, when both are positive. |
| FCF yield | 8.1% | Free cash flow / market cap. |
| Earnings yield | 8.0% | Net income / market cap (the inverse of P/E). |
| Dividend yield | 3.0% | Dividends paid over the period / market cap. |
| Shareholder yield | 3.0% | (Dividends paid + share buybacks) / market cap. |
| PEG | 43.3x | P/E / EPS growth per year over 3 years (in percent). Only when both are positive. |
Was S&T BANCORP INC profitable in fiscal 2025?
Yes. Net income was $134.2M, a net margin of -.
How much free cash flow did S&T BANCORP INC generate in fiscal 2025?
Cash from operations of $133.6M minus capital expenditures of $4.8M left free cash flow of $128.8M.