S&T Bancorp Inc. (STBA) Financial Statements (2025 and earlier)

Company Profile

Business Address 800 PHILADELPHIA STREET
INDIANA, PA 15701
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments234,695211,003923,357232,966202,973160,305
Cash and cash equivalents233,612210,009922,215229,666197,823155,489
Short-term investments1,0839941,1423,3005,1504,816
Financing receivable, accrued interest, after allowance for credit loss35,300   
Total current assets:269,995211,003923,357232,966202,973160,305
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 7868761,0551,2781,513
Operating lease, right-of-use asset 42,10043,08944,06746,24547,686
Property, plant and equipment     56,94041,730
Intangible assets, net (including goodwill)377,483378,802380,319382,099382,540290,047
Goodwill373,424373,424373,424373,424371,621287,446
Intangible assets, net (excluding goodwill)4,0595,3786,8958,67510,9192,601
Investment, proportional amortization method, elected, amount 33,50023,60012,6008,4004,8006,300
Total noncurrent assets:453,869446,367438,041438,022493,479338,077
Other undisclosed assets8,827,6628,453,1978,127,1318,296,9098,068,1976,753,839
TOTAL ASSETS:9,551,5269,110,5679,488,5298,967,8978,764,6497,252,221
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt415,000370,00084,491140,163301,207488,383
Total current liabilities:415,000370,00084,491140,163301,207488,383
Noncurrent Liabilities
Long-term debt and lease obligation49,35854,45354,39364,08364,27745,619
Long-term debt, excluding current maturities49,35854,45354,39364,08364,27745,619
Liabilities, other than long-term debt 12,000     
Investment program, proportional amortization method, elected, commitment 12,000     
Total noncurrent liabilities:61,35854,45354,39364,08364,27745,619
Other undisclosed liabilities7,791,7237,501,4558,143,1917,608,9407,207,1675,782,458
Total liabilities:8,268,0817,925,9088,282,0757,813,1867,572,6516,316,460
Equity
Equity, attributable to parent1,283,4451,184,6591,206,4541,154,7111,191,998935,761
Common stock103,623103,623103,623103,623103,62390,326
Treasury stock, value(97,915)(77,070)(66,833)(68,612)(60,982)(43,622)
Additional paid in capital409,034406,283403,095400,668399,944210,345
Accumulated other comprehensive income (loss)(90,901)(112,125)(7,090)8,971(11,670)(23,107)
Retained earnings959,604863,948773,659710,061761,083701,819
Total equity:1,283,4451,184,6591,206,4541,154,7111,191,998935,761
TOTAL LIABILITIES AND EQUITY:9,551,5269,110,5679,488,5298,967,8978,764,6497,252,221

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues477,901340,751289,262320,464320,839290,331
Net investment income477,901340,751289,262320,464320,484289,826
Cost of revenue (804)(1,098)(1,707)(1,206)(14,873)(14,995)
Provision for loan, lease, and other losses     (14,873)(14,995)
Amortization of mortgage servicing rights (msrs) (804)(1,098)(1,707)(1,206)  
Other undisclosed gross profit      
Gross profit:477,097339,653287,555319,258305,966275,336
Operating expenses(53,375)(52,268)(48,790)(51,382)(50,160)(25,604)
Operating income:423,722287,385238,765267,876255,806249,732
Interest and debt expense(128,491)(24,968)(13,150)(41,076)(73,693)(55,388)
Other undisclosed loss from continuing operations before equity method investments, income taxes(116,427)(93,487)(89,947)(205,761)(64,753)(71,165)
Income from continuing operations before equity method investments, income taxes:178,804168,930135,66821,039117,360123,179
Other undisclosed loss from continuing operations before income taxes      
Income from continuing operations before income taxes:178,804168,930135,66821,039117,360123,179
Income tax expense (benefit)(34,023)(33,410)(25,325)1(19,126)(17,845)
Income from continuing operations:144,781135,520110,34321,04098,234105,334
Income before gain (loss) on sale of properties:110,34321,04098,234105,334
Net income attributable to parent:144,781135,520110,34321,04098,234105,334
Other undisclosed net loss available to common stockholders, basic(156)(381)(492)(68)(260)(304)
Net income available to common stockholders, diluted:144,625135,139109,85120,97297,974105,030

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:144,781135,520110,34321,04098,234105,334
Other comprehensive income (loss) (32)1071,5433,534(1,282)6,297
Other undisclosed comprehensive loss      
Comprehensive income:144,749135,627111,88624,57496,952111,631
Other undisclosed comprehensive income (loss), net of tax, attributable to parent21,256(105,142)(17,604)17,10712,719(6,688)
Comprehensive income, net of tax, attributable to parent:166,00530,48594,28241,681109,671104,943

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: