S & T Bancorp Inc (STBA) Releases Earnings Results, Misses Expectations By $-0.06 EPS

S & T Bancorp Inc (STBA) reported quarterly earnings results on Thursday, Apr-21-2016. The company reported $0.46 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $0.52. Analysts expectations of $62.68 million. During the same quarter in the previous year, the company posted $0.46 EPS.

S & T Bancorp Inc opened for trading at $25.5613 and hit $25.99 on the upside on Monday, eventually ending the session at $25.96, with a gain of 0.50% or 0.13 points. The heightened volatility saw the trading volume jump to 62,120 shares. Company has a market cap of $904 M.

In a different news, on Mar 30, 2016, Thomas J Ii Sposito (Sr Executive Vice President) purchased 240 shares at $25.67 per share price. According to the SEC, on Mar 1, 2016, David Z Jr Richards (Executive Vice President) purchased 1,033 shares at $25.57 per share price. On Feb 12, 2016, Steven Jay Weingarten (director) purchased 1,000 shares at $24.67 per share price, according to the Form-4 filing with the securities and exchange commission.

S&T Bancorp Inc. (S&T) is a bank holding company. The Company operates through its wholly owned subsidiaries including S&T Bank 9th Street Holdings Inc. and STBA Capital Trust I. S&T operates in three segments: Community Banking which offers services which include accepting time and demand deposits originating commercial and consumer loans and providing letters of credit and credit card services; Wealth Management which offers discount brokerage services services as executor and trustee under wills and deeds guardian and custodian of employee benefits and other trust and brokerage services as well as a registered investment advisor that manages private investment accounts for individuals and institutions and Insurance includes an insurance agency offering commercial property and casualty insurance group life and health coverage employee benefit solutions and personal insurance lines. S&T owns a one-half interest in Commonwealth Trust Credit Life Insurance Company.

S & T Bancorp Inc

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