S&T Bancorp Files 8-K on Financials and Operations
Ticker: STBA · Form: 8-K · Filed: Jan 30, 2025 · CIK: 719220
| Field | Detail |
|---|---|
| Company | S&T Bancorp Inc (STBA) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2.50, $0.34, $0, $0.33, $38.16 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, operations, sec-filing
Related Tickers: STBA
TL;DR
S&T Bancorp dropped an 8-K detailing financial results and other key events as of Jan 29.
AI Summary
S&T Bancorp, Inc. filed an 8-K on January 30, 2025, reporting on events that occurred on January 29, 2025. The filing primarily concerns the company's results of operations and financial condition, along with Regulation FD disclosures and other events. It also includes financial statements and exhibits.
Why It Matters
This filing provides an update on S&T Bancorp's financial performance and operational status, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — This is a routine filing of financial and operational information, not indicating any immediate or significant adverse events.
Key Numbers
- 20250129 — Date of Earliest Event Reported (Indicates the reporting period for the 8-K filing.)
- 20250130 — Filing Date (The date the 8-K was officially submitted to the SEC.)
Key Players & Entities
- S&T Bancorp, Inc. (company) — Registrant
- Pennsylvania (location) — State of incorporation
- 800 Philadelphia Street, Indiana PA 15701 (address) — Principal Executive Offices
FAQ
What specific financial results are detailed in this 8-K filing?
The filing indicates it concerns 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What is the primary purpose of this 8-K filing for S&T Bancorp, Inc.?
The primary purpose is to report on the company's results of operations and financial condition, Regulation FD disclosures, other events, and to file financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported was on January 29, 2025.
What is S&T Bancorp, Inc.'s principal executive office address?
The principal executive offices are located at 800 Philadelphia Street, Indiana, PA 15701.
Under which section of the Securities Exchange Act of 1934 is this 8-K filed?
This 8-K is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 983 words · 4 min read · ~3 pages · Grade level 10.2 · Accepted 2025-01-30 07:33:40
Key Financial Figures
- $2.50 — ange on which registered Common Stock, $2.50 par value STBA NASDAQ Global Select Mar
- $0.34 — f Directors of S&T ("Board") approved a $0.34 per share cash dividend on January 29,
- $0 — s Exhibit 99.4 . This is an increase of $0.01, or 3.03 percent, compared to a cash
- $0.33 — percent, compared to a cash dividend of $0.33 in the same period in the prior year. T
- $38.16 — g the January 28, 2025 closing price of $38.16 is 3.56 percent. The dividend is payabl
Filing Documents
- stba-20250129.htm (8-K) — 35KB
- stba-ex991earningspressrel.htm (EX-99.1) — 539KB
- a2024summaryforlinkedin_.htm (EX-99.2) — 2KB
- stbaearningssupplement12.htm (EX-99.3) — 24KB
- stbadividendpressrelease.htm (EX-99.4) — 5KB
- a2024summaryforlinkedin_001.jpg (GRAPHIC) — 123KB
- a2ndqtr2016earnimagea01.jpg (GRAPHIC) — 172KB
- earn_image1a15.jpg (GRAPHIC) — 172KB
- stbaearningssupplement12001.jpg (GRAPHIC) — 45KB
- stbaearningssupplement12002.jpg (GRAPHIC) — 234KB
- stbaearningssupplement12003.jpg (GRAPHIC) — 88KB
- stbaearningssupplement12004.jpg (GRAPHIC) — 89KB
- stbaearningssupplement12005.jpg (GRAPHIC) — 74KB
- stbaearningssupplement12006.jpg (GRAPHIC) — 84KB
- stbaearningssupplement12007.jpg (GRAPHIC) — 74KB
- stbaearningssupplement12008.jpg (GRAPHIC) — 63KB
- stbaearningssupplement12009.jpg (GRAPHIC) — 80KB
- stbaearningssupplement12010.jpg (GRAPHIC) — 70KB
- stbaearningssupplement12011.jpg (GRAPHIC) — 73KB
- stbaearningssupplement12012.jpg (GRAPHIC) — 71KB
- stbaearningssupplement12013.jpg (GRAPHIC) — 86KB
- stbaearningssupplement12014.jpg (GRAPHIC) — 132KB
- stbaearningssupplement12015.jpg (GRAPHIC) — 44KB
- 0000719220-25-000003.txt ( ) — 3206KB
- stba-20250129.xsd (EX-101.SCH) — 2KB
- stba-20250129_lab.xml (EX-101.LAB) — 21KB
- stba-20250129_pre.xml (EX-101.PRE) — 12KB
- stba-20250129_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 30, 2025 S&T Bancorp, Inc. (S&T) announced by press release its earnings for the three and twelve months ended December 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in this Item 2.02. The information contained in this Item 2.02 of this Report on Form 8-K, including Exhibit 99.1 , is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. In connection with the issuance of its earnings for the three and twelve months ended December 31, 2024 , S&T has also made available on its website materials that contain supplemental information about S&T's financial results ("Supplemental Information"). A copy of the supplemental information is attached hereto as Exhibit 99.2 and Exhibit 99.3 and is incorporated by reference in this Item 7.01. The information contained in this Item 7.01 of this Report on Form 8-K, including Exhibit 99.2 and Exhibit 99.3 , is being furnished and shall not be deemed "filed" for purposes of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Other Events
Item 8.01 Other Events. The Board of Directors of S&T ("Board") approved a $0.34 per share cash dividend on January 29, 2025. A copy of the press release is attached hereto as Exhibit 99.4 . This is an increase of $0.01, or 3.03 percent, compared to a cash dividend of $0.33 in the same period in the prior year. The annualized yield using the January 28, 2025 closing price of $38.16 is 3.56 percent. The dividend is payable February 27, 2025 to shareholders of record on February 13, 2025. The information in this Form 8-K and the exhibits attached to this Form 8-K contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and are subject to a number of factors that could cause actual events to differ materially from those anticipated, including without limitation fluctuations in the market price of the common stock, regulatory, legal and contractual requirements, other uses of capital, the company's financial performance, market conditions generally or modification, extension or termination of the share repurchase authorization by the board of directors. Forward-looking statements are based on beliefs and assumptions using information available at the time the statements are made. We caution you not to unduly rely on forward-looking statements because the assumptions, beliefs, expectations and projections about future events may, and often do, differ materially from actual results. You should consider the above uncertainties as well as the precautionary statements included in S&T's filings with the SEC, including without limitation the "risk factors" section of its Form 10-K. Any forward-looking statement speaks only as to the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect developments occurring after the statement is made.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Earnings Press Release 99.2 2024 Highlights 99.3 Supplemental Information 99.4 Dividend Press Release 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned thereunto duly authorized. S & T Bancorp, Inc. /s/ Mark Kochvar January 30, 2025 Mark Kochvar Senior Executive Vice President, Chief Financial Officer