STBA S&T Bancorp Inc.

S&T Bancorp, Inc. is a bank holding company, which engages in the provision of financial services and insurance solutions for both business and individual clients. It offers traditional banking services, which include accepting time and demand deposits and originating commercial and consumer loans; brokerage services; and trust services including serving as executor and trustee under wills and deeds and as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions through its registered investment advisor. The company was founded on March 17, 1983 and is headquartered in Indiana, PA.

Company profile

Ticker

STBA

Exchange

NASDAQ

Website

www.stbancorp.com

CEO

Todd D. Brice

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Finance > Regional Banks

Industry (SIC)

State Commercial Banks

Bank of New York Mellon • Citizens Financial • Fifth Third Bancorp • Northern Trust • M&T Bank • State Street • Popular • Associated Banc-Corp • First Citizens BancShares • Commerce Bancshares ...

SEC CIK

0000719220

Corporate docs

Articles of Incorporation & Bylaws

IRS number

251434426

STBA stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

6 Aug 20

20 Oct 20

31 Dec 20

News

Financial summary

Financial statements Chart STBA financial data

Quarter (USD)	Jun 20	Mar 20	Sep 19	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from S&T Bancorp earnings reports.

Recent insider trades

STBA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
12 Oct 20	Antolik David G	Common Stock	Grant	Aquire A	No	20.25	44,888	908.98K	77,968
12 Oct 20	Kochvar Mark	Common Stock	Grant	Aquire A	No	20.25	19,057	385.9K	56,143.978
12 Oct 20	Antolik David G	Common Stock	Grant	Aquire A	No	20.25	43,696	884.84K	76,776
31 Jul 20	Ruddock David P	Common Stock	Sale back to company	Dispose D	No	21.5	9,450	203.18K	1,808.227
29 May 20	Stapleton Rebecca A.	Common Stock	Sale back to company	Dispose D	No	22.24	2,453	54.55K	10,443.837
29 May 20	Stapleton Rebecca A.	Common Stock	Other	Dispose J	No	22.24	539	11.99K	12,896.837

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q2 2020

STBA institutional ownership history Ownership history

59.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	133	136	-2.2%
Opened positions	19	10	+90.0%
Closed positions	22	37	-40.5%
Increased positions	44	50	-12.0%
Reduced positions	44	44	–

13F shares	Current	Prev Q	Change
Total value	1.37B	1.93B	-29.3%
Total shares	23.44M	23.04M	+1.7%
Total puts	0	33.5K	EXIT
Total calls	0	15.1K	EXIT
Total put/call ratio	–	2.2	–

Largest owners	Shares	Value	Change
BLK BlackRock	5.69M	$133.48M	-1.3%
Vanguard	4.23M	$99.11M	-2.2%
Dimensional Fund Advisors	1.82M	$42.63M	-2.7%
STT State Street	1.4M	$32.75M	+5.4%
S&T Bank	1.3M	$30.41M	+18.5%
MCQEF Macquarie	1.28M	$30.1M	+4.0%
NTRS Northern Trust	953.05K	$22.35M	-4.8%
Geode Capital Management	587.12K	$13.77M	+2.2%
BK Bank of New York Mellon	564.62K	$13.24M	+1.7%
Charles Schwab Investment Management	557.77K	$13.08M	+115.2%

Largest transactions	Shares	Bought/sold	Change
Charles Schwab Investment Management	557.77K	+298.57K	+115.2%
S&T Bank	1.3M	+202.93K	+18.5%
Millennium Management	130.81K	+114.16K	+685.4%
Vanguard	4.23M	-93.89K	-2.2%
GS Goldman Sachs	63.27K	-77.71K	-55.1%
BLK BlackRock	5.69M	-74.53K	-1.3%
IVZ Invesco	483.96K	-72.98K	-13.1%
STT State Street	1.4M	+70.94K	+5.4%
Two Sigma Investments	68.05K	+51.48K	+310.7%
Dimensional Fund Advisors	1.82M	-50.2K	-2.7%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

The duration and severity of the COVID-19 pandemic, in our principal area of operations, nationally and globally, has impacted and could adversely impact S&T’s business, results of operations and financial condition. While it is difficult to predict the further impact of the COVID-19 pandemic (or any other outbreak) on the economy and S&T, the future impacts may include, but are not limited to, the following:
The impact that the COVID-19 pandemic will have on S&T’s credit losses is uncertain, and continued economic uncertainty and deterioration since January 1, 2020 in the forward looking economic forecasts used to estimate credit losses may adversely affect our ACL.
Fraudulent activity associated with our products and services could adversely affect our results of operations, financial condition and stock price, negatively impact our brand and reputation, and result in regulatory intervention or sanctions.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: accurately, announced, automobile, beneficiary, cell, center, check, COBRA, conservatively, court, coverage, criminal, damage, David, denial, detect, Differencein, discovered, disposed, driven, EAETR, employer, encouraging, entry, exclusive, exiting, exposed, fifty, fraud, furniture, half, hotel, hundred, IFR, impractical, intervention, investigation, July, kiting, maintenance, mobile, navigate, NIM, online, ordinary, overdraft, passed, phase, phone, power, RecordedInvestment, refinance, registered, release, reopened, resignation, resume, revocation, Ruddock, sanitation, scheme, single, solution, talented, thirty, thousand, unaccreted, unamortized, unanticipated, unconsolidated

Removed: build, classification, continuing, executing, grow, implementing, outsourcing, successfully

From filing 10-Q 2020 Q2