Latest news with #STBA
Yahoo
17-07-2025
- Business
- Yahoo
Analysts Estimate S&T Bancorp (STBA) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on flat revenues when S&T Bancorp (STBA) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 24, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This holding company for S&T Bank is expected to post quarterly earnings of $0.79 per share in its upcoming report, which represents a year-over-year change of -11.2%. Revenues are expected to be $96.9 million, unchanged compared to the year-ago quarter.. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for S&T Bancorp? For S&T Bancorp, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.27%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that S&T Bancorp will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that S&T Bancorp would post earnings of $0.74 per share when it actually produced earnings of $0.87, delivering a surprise of +17.57%. Over the last four quarters, the company has beaten consensus EPS estimates four times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. S&T Bancorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Among the stocks in the Zacks Banks - Northeast industry, Bridgewater (BWB), is soon expected to post earnings of $0.35 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of +34.6%. This quarter's revenue is expected to be $34.1 million, up 27.4% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Bridgewater has been revised 2.6% down to the current level. Nevertheless, the company now has an Earnings ESP of -1.45%, reflecting a lower Most Accurate Estimate. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Bridgewater will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report S&T Bancorp, Inc. (STBA) : Free Stock Analysis Report Bridgewater Bancshares, Inc. (BWB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Daily Express
06-07-2025
- Sport
- Daily Express
Sabah bowlers dominant
Published on: Sunday, July 06, 2025 Published on: Sun, Jul 06, 2025 By: GL Oh Text Size: The Sabah contingent with medal winners who took home four gold and two bronze medals Kota Kinabalu: Sabah bowlers dominated the SportExcel-NSC-Milo-MTBC Junior Circuit Tenpin Bowling Championship 2025 (Sarawak Leg) held at the Megalanes East, Miri Megamall in Sarawak. They took home four gold and two bronze medals in the three-day competition that concluded Thursday (July 3). Advertisement The gold medal winners were Muhammad Hafiz Saiful (Boys Under 12) who defeated Jasmy Zhariff Jasmawardhy 202-131 in the final, Muhammad Faris Faiq Afillah (Boys Graded) after beating Alvin Voon Dong Cheng 224-157, Miasara Adawiyah Saiful (Girls Graded) with the 159-156 victory over Arwynn Galleina Anak Arthur Ray and Awang Syamsul Khusairi Awang Samsudin (Boys Open) who beat Mohd Iman Hareez Mohd Nizam 236-189. The bronze medals were delivered by Dayang Hasya Izz Zayani (Girls Under 12) and Lynette Ho Kang Ling (Girls Graded). Sabah Tenpin Bowling Association (STBA) President Rozzainny Sham Talip was delighted with the success of the team and congratulated the winners. 'Well done for winning four gold and two bronze medals for the State. Congratulations to the medal winners and also to all the athletes who successfully advanced to the top eight stages. 'I hope they were able to gain the knowledge and experience to achieve even greater success at the Sabah leg round later,' he said. He also expressed his gratitude to all the team officials, coaches and parents for their hard work and sacrifices to ensure the success of the team. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Yahoo
23-06-2025
- Business
- Yahoo
STBA Q1 Deep Dive: Deposit Growth and Margin Stability Anchor Outlook Amid Revenue Pressures
Regional banking company S&T Bancorp (NASDAQ:STBA) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 3.3% year on year to $93.75 million. Its non-GAAP profit of $0.87 per share was 16.3% above analysts' consensus estimates. Is now the time to buy STBA? Find out in our full research report (it's free). Revenue: $93.75 million vs analyst estimates of $95.95 million (3.3% year-on-year decline, 2.3% miss) Adjusted EPS: $0.87 vs analyst estimates of $0.75 (16.3% beat) Market Capitalization: $1.38 billion S&T Bancorp's first quarter was marked by a combination of resilient deposit growth and margin stability, even as revenue declined year over year and missed Wall Street's expectations. Management attributed performance to a seventh consecutive quarter of customer deposit growth and ongoing improvements in net interest margin, supported by declining funding costs and targeted balance sheet actions. CEO Chris McComish highlighted that 'customer deposit growth was over 7% annualized,' while President Dave Antolik pointed to the maturation of the company's proprietary customer relationship sales process as a meaningful contributor to recent results. Looking ahead, S&T Bancorp's guidance is shaped by expectations of continued loan and deposit expansion, as well as the maintenance of stable margins, despite potential headwinds from macroeconomic uncertainty and regulatory changes. Management emphasized the impact of newly hired bankers on future loan growth, with Antolik noting, 'Much of the second-half growth is expected to be driven by newly hired bankers as they build their pipelines.' CFO Mark Kochvar added, 'We believe that we can maintain a relatively stable margin over the next several quarters even if the Fed gets more aggressive on rate cuts,' underscoring confidence in the company's risk management strategies and balance sheet positioning. Management credited disciplined deposit gathering, targeted loan growth in select segments, and active margin management as key drivers of the quarter, while also addressing competitive dynamics and external economic pressures. Deposit franchise momentum: S&T Bancorp continued its streak of customer deposit growth, with momentum driven by a proprietary relationship sales process and the use of exception pricing platforms. Most new deposits flowed into money market accounts, reflecting both consumer and municipal activity as well as a shift from CDs and checking balances. Targeted loan growth: Commercial real estate and construction loans led the company's loan portfolio expansion, while consumer loan growth stabilized. Antolik reported that the commercial loan pipeline grew nearly 40% since year-end, although commercial and industrial (C&I) balances saw some softness due to customer hesitancy amid economic uncertainty. Net interest margin management: CFO Mark Kochvar highlighted a four-basis-point expansion in net interest margin (NIM) to 3.81% as a result of lower funding costs and favorable asset repricing. Management's efforts to maintain a neutral interest rate risk profile included utilizing swaps and managing the securities portfolio to provide stability even if the Federal Reserve changes rates. Credit risk monitoring: The company continued to closely monitor credit quality, especially among customers with international trade exposure. Enhanced underwriting focused on foreign trade risks, and a specific reserve release contributed to a reduction in overall allowance for credit losses. Criticized and classified loans remained stable quarter over quarter. Competitive and regulatory environment: Management noted increased competition in commercial real estate lending from larger regional banks, leading to some pressure on spreads. The team also addressed preparation for potential regulatory changes associated with surpassing the $10 billion asset threshold, emphasizing readiness for additional requirements. Management's outlook for the remainder of the year centers on organic growth in loans and deposits, stable net interest margins, and ongoing risk management amid a volatile economic landscape. Pipeline-driven loan growth: The company expects mid-single-digit loan growth in the near term, accelerating in the second half of the year as newly hired bankers build their client pipelines. Management highlighted that commercial and consumer segments are the primary contributors, but acknowledged that macroeconomic uncertainty could impact actual pull-through rates. Margin stability amid rate changes: S&T Bancorp's balance sheet is positioned to weather potential Federal Reserve rate cuts, with management projecting stable net interest margins supported by repricing opportunities and proactive management of deposit pricing. Kochvar noted that as certain swaps and securities mature, the company can adjust its position to maintain neutrality to interest rate changes. Credit and regulatory vigilance: Management identified loan growth and broader economic conditions as primary factors that could impact credit provisions, particularly in portfolios exposed to international trade or fluctuating construction costs. Preparations for additional regulatory oversight upon crossing the $10 billion asset threshold are expected to influence operational priorities in the coming quarters. In upcoming quarters, the StockStory team will watch (1) whether commercial and consumer loan pipelines convert into sustained balance sheet growth, (2) the company's ability to maintain stable net interest margins as rate and deposit dynamics shift, and (3) the impact of crossing the $10 billion asset threshold on compliance costs and operational flexibility. Adjustments to hiring and risk management processes may also serve as key indicators of execution quality. S&T Bancorp currently trades at $36.82, up from $36.18 just before the earnings. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
3 Reasons STBA is Risky and 1 Stock to Buy Instead
Over the past six months, S&T Bancorp's shares (currently trading at $37.29) have posted a disappointing 12.1% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation. Is now the time to buy S&T Bancorp, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free. Even though the stock has become cheaper, we're swiping left on S&T Bancorp for now. Here are three reasons why you should be careful with STBA and a stock we'd rather own. While banks generate revenue from multiple sources, investors view net interest income as the cornerstone - its predictable, recurring characteristics stand in sharp contrast to the volatility of non-interest income. S&T Bancorp's net interest income has grown at a 4.6% annualized rate over the last four years, worse than the broader banking industry. Forecasted net interest income by Wall Street analysts signals a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect S&T Bancorp's net interest income to rise by 3.5%. Although this projection indicates its newer products and services will spur better top-line performance, it is still below the sector average. Leverage is core to the bank's business model (loans funded by deposits) and to ensure their stability, regulators require certain levels of capital and liquidity, focusing on a bank's Tier 1 capital ratio. Tier 1 capital is the highest-quality capital that a bank holds, consisting primarily of common stock and retained earnings, but also physical gold. It serves as the primary cushion against losses and is the first line of defense in times of financial distress. This capital is divided by risk-weighted assets to derive the Tier 1 capital ratio. Risk-weighted means that cash and US treasury securities are assigned little risk while unsecured consumer loans and equity investments get much higher risk weights, for example. New regulation after the 2008 financial crisis requires that all banks must maintain a Tier 1 capital ratio greater than 4.5% On top of this, there are additional buffers based on scale, risk profile, and other regulatory classifications, so that at the end of the day, banks generally must maintain a 7-10% ratio at minimum. Over the last two years, S&T Bancorp has averaged a Tier 1 capital ratio of 14.2%, which is considered unsafe in the event of a black swan or if macro or market conditions suddenly deteriorate. For this reason alone, we will be crossing it off our shopping list. S&T Bancorp's business quality ultimately falls short of our standards. After the recent drawdown, the stock trades at 1× forward P/B (or $37.29 per share). At this valuation, there's a lot of good news priced in - we think there are better opportunities elsewhere. Let us point you toward our favorite semiconductor picks and shovels play. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
Washington Post
30-01-2025
- Business
- Washington Post
S&T Bancorp: Q4 Earnings Snapshot
INDIANA, Pa. — INDIANA, Pa. — S&T Bancorp Inc. (STBA) on Thursday reported fourth-quarter earnings of $33.1 million. The Indiana, Pennsylvania-based bank said it had earnings of 86 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
