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18.04.2019 13:30
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S&T Bancorp, Inc. Announces First Quarter 2019 Results

DRUCKEN

INDIANA, Pa., April 18, 2019 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York, announced its first quarter 2019 earnings. First quarter net income was $22.9 million, or $0.66 diluted earnings per share (EPS), compared to fourth quarter of 2018 net income of $26.9 million, or $0.77 diluted EPS, and first quarter of 2018 net income of $26.2 million, or $0.75 diluted EPS.

S&T Bancorp, Inc. (PRNewsfoto/S&T Bancorp, Inc.)

First Quarter of 2019 Highlights:

  • Return on average assets (ROA) was 1.29%, return on average equity (ROE) was 9.84% and return on average tangible equity (ROTE) (non-GAAP) was 14.27%.
  • Net interest margin (FTE) (non-GAAP) increased 6 basis points to 3.71% and net interest income increased $0.5 million to $60.3 million compared to the fourth quarter of 2018.
  • Average loan balances increased $75.3 million compared to the fourth quarter of 2018.
  • Deposits increased $159.5 million, or 11.4% annualized, compared to the fourth quarter of 2018.
  • S&T's Board of Directors declared a $0.27 per share dividend, which is an increase of 8% compared to a $0.25 dividend in the same period last year.
  • Recognized as a World's Best Bank by Forbes receiving the #3 ranking in the United States out of 60 institutions.

"Relationship banking has been the foundation of our business for over 115 years and we are thrilled that our customers recognized us through the Forbes World's Best Bank award," said Todd Brice, chief executive officer of S&T. "We are pleased with our deposit growth and new customer acquisition during the quarter. While our performance did not meet our expectations this quarter, we are encouraged by the level of new business activity across our markets which will support future growth."

Net Interest Income

Net interest income increased $0.5 million to $60.3 million for the first quarter of 2019 compared to $59.8 million for the fourth quarter of 2018. Net interest margin on a fully taxable equivalent basis (FTE) (non-GAAP) increased 6 basis points to 3.71% from 3.65% in the fourth quarter of 2018. Higher interest adjustments and prepayment fees increased the net interest margin by 4 basis points compared to the fourth quarter of 2018. Average loan balances increased $75.3 million compared to the fourth quarter of 2018. Loan rates increased 16 basis points to 5.06% compared to 4.90% in the prior quarter and total interest-bearing liabilities increased 14 basis points to 1.55% compared to 1.41%.

Asset Quality

Net loan charge-offs increased $2.9 million to $5.2 million compared to $2.3 million in the fourth quarter of 2018. Net loan charge-offs were significantly impacted by two commercial and industrial borrowers that resulted in charge-offs of $5.1 million during the first quarter of 2019. The provision for loan losses increased $2.9 million to $5.6 million compared to $2.7 million in the fourth quarter of 2018 mainly due to higher charge-offs. The allowance for loan losses to total portfolio loans was 1.03% at both March 31, 2019 and December 31, 2018. Total nonperforming loans were $48.0 million, or 0.81% of total loans, at March 31, 2019 compared to $46.1 million, or 0.77% of total loans at December 31, 2018. The increase in nonperforming loans was primarily due to a new $5.3 million commercial real estate nonperforming loan in the first quarter of 2019.

Noninterest Income and Expense

The volatility in the stock market in the fourth quarter of 2018 and the first quarter of 2019 have had a significant impact on our noninterest income and noninterest expense. A mark-to-market adjustment for a deferred compensation plan is reported in both other income and salary and employee benefits expense resulting in no impact to net income. The adjustment added $0.6 million to both other income and salary and employee benefits expense in the first quarter of 2019 compared to a subtraction of $0.8 million in the fourth quarter of 2018, resulting in a net increase of $1.4 million in both total noninterest income and noninterest expense.

Noninterest income increased $0.3 million to $11.4 million compared to $11.1 million for the fourth quarter of 2018. The increase was mainly due to an increase in other income of $0.8 million primarily related to the deferred compensation mark-to-market adjustment noted above offset by a decrease in commercial loan swap fees of $0.3 million compared to the fourth quarter of 2018. Noninterest income was also impacted negatively by fewer days in the first quarter of 2019 compared to the fourth quarter of 2018 and seasonality in debit and credit card fees. Wealth management income decreased $0.3 million due to lower financial services activity and declines in the stock market compared to the fourth quarter of 2018.

Noninterest expense increased $2.5 million to $38.9 million compared to $36.4 million in the fourth quarter of 2018. The increase was mainly due to an increase in salaries and employee benefits of $2.0 million compared to the fourth quarter of 2018. In addition to the $1.4 million deferred compensation increase noted above, salaries and employee benefits increased due to higher incentive costs and seasonally higher payroll taxes. Net occupancy increased $0.3 million due to seasonally higher branch maintenance costs and a new location.

Financial Condition

Total assets were $7.2 billion at March 31, 2019 compared to $7.3 billion at December 31, 2018. Total portfolio loans decreased $11.2 million compared to December 31, 2018 with a decline of $12.2 million in commercial loans. Deposits increased $159.5 million, or 11.4% annualized, to $5.8 billion at March 31, 2019 compared to $5.7 billion at December 31, 2018. Money market accounts increased $218.9 million partially due to successful marketing campaigns in targeted markets during the quarter. All capital ratios remain above the well-capitalized thresholds of federal bank regulatory agencies.

Dividend

The Board of Directors of S&T declared a $0.27 per share cash dividend at its regular meeting held April 15, 2019. This dividend is an 8% increase compared to a $0.25 dividend in the same period last year. The dividend is payable May 16, 2019 to shareholders of record on May 2, 2019.

Conference Call

S&T will host its first quarter 2019 earnings conference call live over the Internet at 1:00 p.m. ET on Thursday, April 18, 2019. To access the webcast, go to S&T's webpage at www.stbancorp.com and click on "Events & Presentations." Select "1st Quarter 2019 Conference Call" and follow the instructions. After the live presentation, the webcast will be archived on this website for at least 90 days. A replay of the call will also be available until April 25, 2019, by dialing 1.877.481.4010; the Conference ID # is 45705.

About S&T Bancorp, Inc. and S&T Bank

S&T Bancorp, Inc. is a $7.2 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was recently named by Forbes as a 2019 World's Best Bank and a 2018 Best-in-State Bank. Established in 1902, S&T Bank operates in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. For more information visit stbancorp.com, stbank.com, and follow us on Facebook, Instagram, and  LinkedIn.

This information contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality, financial position and other matters regarding or affecting S&T and its future business and operations. Forward looking statements are typically identified by words or phrases such as "will likely result", "expect", "anticipate" ,"estimate", "forecast", "project", "intend", " believe", "assume", "strategy", "trend", "plan", "outlook", "outcome", "continue", "remain", "potential", "opportunity", "believe", "comfortable", "current", "position", "maintain", "sustain", "seek", "achieve" and variations of such words and similar expressions, or future or conditional verbs such as will, would, should, could or may. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors including, but not limited to: credit losses, cyber-security concerns; rapid technological developments and changes; sensitivity to the interest rate environment including a prolonged period of low interest rates, a rapid increase in interest rates or a change in the shape of the yield curve; a change in spreads on interest-earning assets and interest-bearing liabilities; regulatory supervision and oversight; legislation affecting the financial services industry as a whole, and S&T, in particular; the outcome of pending and future litigation and governmental proceedings; increasing price and product/service competition; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; managing our internal growth and acquisitions; the possibility that the anticipated benefits from acquisitions cannot be fully realized in a timely manner or at all, or that integrating the acquired operations will be more difficult, disruptive or costly than anticipated; containing costs and expenses; reliance on significant customer relationships; general economic or business conditions; deterioration of the housing market and reduced demand for mortgages; deterioration in the overall macroeconomic conditions or the state of the banking industry that could warrant further analysis of the carrying value of goodwill and could result in an adjustment to its carrying value resulting in a non-cash charge to net income; re-emergence of turbulence in significant portions of the global financial and real estate markets that could impact our performance, both directly, by affecting our revenues and the value of our assets and liabilities, and indirectly, by affecting the economy generally and access to capital in the amounts, at the times and on the terms required to support our future businesses. Many of these factors, as well as other factors, are described in our filings with the SEC. 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. 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.

 

S&T  Bancorp, Inc.
Consolidated Selected Financial Data
Unaudited



2019


2018


2018



First


Fourth


First


(dollars in thousands, except per share data)

Quarter


Quarter


Quarter


INTEREST AND DIVIDEND INCOME







Loans, including fees

$73,392


$71,515


$63,055


Investment securities:







Taxable

3,790


3,746


3,429


Tax-exempt

844


845


874


Dividends

564


483


671


Total Interest and Dividend Income

78,590


76,589


68,029









INTEREST EXPENSE







Deposits

14,981


12,973


7,846


Borrowings and junior subordinated debt securities

3,253


3,774


3,251


Total Interest Expense

18,234


16,747


11,097









NET INTEREST INCOME

60,356


59,842


56,932


Provision for loan losses

5,649


2,716


2,472


Net Interest Income After Provision for Loan Losses

54,707


57,126


54,460









NONINTEREST INCOME







Net gain on sale of securities




Service charges on deposit accounts

3,153


3,071


3,241


Debit and credit card

2,974


3,192


3,037


Wealth management

2,048


2,302


2,682


Mortgage banking

494


630


602


Gain on sale of a majority interest of insurance business



1,873


Other

2,693


1,900


2,357


Total Noninterest Income

11,362


11,095


13,792









NONINTEREST EXPENSE







Salaries and employee benefits

20,910


18,913


18,815


Data processing and information technology

3,233


3,024


2,325


Net occupancy

3,036


2,697


2,873


Furniture, equipment and software

2,230


1,988


1,957


Other taxes

1,185


1,255


1,848


Professional services and legal

1,184


1,011


1,051


Marketing

1,141


1,276


702


FDIC insurance

516


645


1,108


Other

5,484


5,606


5,403


Total Noninterest Expense

38,919


36,415


36,082









Income Before Taxes

27,150


31,806


32,170


Provision for income taxes

4,222


4,952


6,007









Net Income

$22,928


$26,854


$26,163









Per Share Data







Shares outstanding at end of period

34,330.136


34,683,874


35,000,502


Average shares outstanding - diluted

34,542,811


34,867,171


34,999,165


Diluted earnings per share

$0.66


$0.77


$0.75


Dividends declared per share

$0.27


$0.27


$0.22


Dividend yield (annualized)

2.73%


2.85%


2.20%


Dividends paid to net income

40.64%


35.09%


29.31%


Book value

$27.47


$26.98


$25.58


Tangible book value(1)

$19.04


$18.63


$17.30


Market value

$39.53


$37.84


$39.94









Profitability Ratios (annualized)







Return on average assets

1.29%


1.50%


1.51%


Return on average shareholders' equity

9.84%


11.50%


11.92%


Return on average tangible shareholders' equity (2)

14.27%


16.82%


17.83%


Efficiency ratio (FTE)(3)

53.55%


50.64%


50.35%












 

 

S&T  Bancorp, Inc.
Consolidated Selected Financial Data
Unaudited



2019


2018


2018



First


Fourth


First


(dollars in thousands)

Quarter


Quarter


Quarter


ASSETS







Cash and due from banks, including interest-bearing deposits

$116,820


$155,489


$112,849


Securities, at fair value

680,420


684,872


687,650


Loans held for sale

2,706


2,371


3,283


Commercial loans:







Commercial real estate

2,901,625


2,921,832


2,760,891


Commercial and industrial

1,513,007


1,493,416


1,406,950


Commercial construction

245,658


257,197


324,141


Total Commercial Loans

4,660,290


4,672,445


4,491,982


Consumer loans:







Residential mortgage

729,914


726,679


692,385


Home equity

463,566


471,562


474,850


Installment and other consumer

70,960


67,546


66,890


Consumer construction

10,722


8,416


4,506


Total Consumer Loans

1,275,162


1,274,203


1,238,631


Total Portfolio Loans

5,935,452


5,946,648


5,730,613


Allowance for loan losses

(61,409)


(60,996)


(59,046)


Total Portfolio Loans, Net

5,874,043


5,885,652


5,671,567


Federal Home Loan Bank and other restricted stock, at cost

19,959


29,435


29,769


Goodwill

287,446


287,446


287,446


Other assets

247,868


206,956


212,765


Total Assets

$7,229,262


$7,252,221


$7,005,329









LIABILITIES







Deposits:







Noninterest-bearing demand

$1,423,436


$1,421,156


$1,368,350


Interest-bearing demand

541,053


573,693


560,711


Money market

1,700,964


1,482,065


1,239,400


Savings

767,175


784,970


876,459


Certificates of deposit

1,400,773


1,412,038


1,342,174


Total Deposits

5,833,401


5,673,922


5,387,094









Borrowings:







Securities sold under repurchase agreements

23,427


18,383


44,617


Short-term borrowings

235,000


470,000


525,000


Long-term borrowings

70,418


70,314


46,684


Junior subordinated debt securities

45,619


45,619


45,619


Total Borrowings

374,464


604,316


661,920


Other liabilities

78,241


38,222


60,908


Total Liabilities

6,286,106


6,316,460


6,109,922









SHAREHOLDERS' EQUITY







Total Shareholders' Equity

943,156


935,761


895,407


Total Liabilities and Shareholders' Equity

$7,229,262


$7,252,221


$7,005,329









Capitalization Ratios







Shareholders' equity / assets

13.05%


12.90%


12.78%


Tangible common equity / tangible assets(4)

9.42%


9.28%


9.02%


Tier 1 leverage ratio

9.96%


10.05%


9.72%


Common equity tier 1 capital

11.35%


11.38%


11.02%


Risk-based capital - tier 1

11.69%


11.72%


11.36%


Risk-based capital - total

13.19%


13.21%


12.85%


 

 

S&T  Bancorp, Inc.
Consolidated Selected Financial Data
Unaudited



2019


2018


2018



First


Fourth


First


(dollars in thousands)

Quarter


Quarter


Quarter


Net Interest Margin (FTE) (QTD Averages)







ASSETS







Interest-bearing deposits with banks

$53,588

2.63%

$56,790

2.03%

$56,008

1.65%

Securities, at fair value

680,517

2.68%

678,832

2.70%

686,912

2.53%

Loans held for sale

894

4.07%

1,022

4.05%

1,949

5.65%

Commercial real estate

2,905,272

5.02%

2,869,532

4.91%

2,690,990

4.57%

Commercial and industrial

1,508,658

5.20%

1,469,534

4.94%

1,431,588

4.41%

Commercial construction

249,997

5.37%

266,922

4.91%

375,129

4.51%

Total Commercial Loans

4,663,927

5.10%

4,605,988

4.92%

4,497,707

4.51%

Residential mortgage

722,554

4.38%

705,082

4.36%

694,303

4.19%

Home equity

467,739

5.44%

471,830

5.15%

481,053

4.47%

Installment and other consumer

69,099

7.17%

67,444

7.00%

66,861

6.69%

Consumer construction

9,466

6.19%

7,077

5.29%

3,810

4.69%

Total Consumer Loans

1,268,858

4.93%

1,251,433

4.80%

1,246,027

4.43%

Total Portfolio Loans

5,932,785

5.06%

5,857,421

4.90%

5,743,734

4.50%

Total Loans

5,933,679

5.06%

5,858,443

4.90%

5,745,683

4.50%

Federal Home Loan Bank and other restricted stock

24,471

8.49%

28,025

6.27%

31,216

8.05%

Total Interest-earning Assets

6,692,255

4.81%

6,622,090

4.65%

6,519,819

4.28%

Noninterest-earning assets

518,500


499,254


488,808


Total Assets

$7,210,755


$7,121,344


$7,008,627









LIABILITIES AND SHAREHOLDERS' EQUITY







Interest-bearing demand

$545,695

0.41%

$568,735

0.39%

$575,377

0.26%

Money market

1,568,417

1.89%

1,418,220

1.69%

1,194,053

1.10%

Savings

770,587

0.25%

798,734

0.24%

874,318

0.20%

Certificates of deposit

1,434,511

1.88%

1,354,538

1.72%

1,355,617

1.14%

Total interest-bearing Deposits

4,319,210

1.41%

4,140,227

1.24%

3,999,365

0.80%

Securities sold under repurchase agreements

23,170

0.52%

45,101

0.62%

47,774

0.39%

Short-term borrowings

319,389

2.72%

433,642

2.54%

596,014

1.71%

Long-term borrowings

70,196

2.84%

52,949

2.75%

46,938

1.99%

Junior subordinated debt securities

45,619

5.21%

45,619

4.86%

45,619

4.14%

Total Borrowings

458,374

2.88%

577,311

2.59%

736,345

1.79%

Total interest-bearing Liabilities

4,777,584

1.55%

4,717,538

1.41%

4,735,710

0.95%

Noninterest-bearing liabilities

1,488,057


1,477,024


1,383,109


Shareholders' equity

945,114


926,782


889,808


Total Liabilities and Shareholders' Equity

$7,210,755


$7,121,344


$7,008,627









Net Interest Margin(5)


3.71%


3.65%


3.59%








 

 

S&T  Bancorp, Inc.
Consolidated Selected Financial Data
Unaudited



2019


2018


2018



First


Fourth


First


(dollars in thousands)

Quarter


Quarter


Quarter


Nonperforming Loans (NPL)







Commercial loans:


% NPL


% NPL


% NPL

Commercial real estate

$29,109

1.00%

$12,052

0.41%

$3,952

0.14%

Commercial and industrial

6,810

0.45%

8,960

0.60%

4,617

0.33%

Commercial construction

1,226

0.50%

14,193

5.52%

1,873

0.58%

Total Nonperforming Commercial Loans

37,145

0.80%

35,205

0.75%

10,442

0.23%

Consumer loans:







Residential mortgage

6,630

0.91%

7,128

0.98%

6,715

0.97%

Home equity

4,146

0.89%

3,698

0.78%

4,109

0.87%

Installment and other consumer

29

0.04%

42

0.06%

69

0.10%

Total Nonperforming Consumer Loans

10,805

0.85%

10,868

0.85%

10,893

0.88%

Total Nonperforming Loans

$47,950

0.81%

$46,073

0.77%

$21,335

0.37%



2019


2018


2018



First


Fourth


First


(dollars in thousands)

Quarter


Quarter


Quarter


Loan Charge-offs/(Recoveries)







Charge-offs

$6,023


$3,279


$1,444


Recoveries

(788)


(1,002)


(1,628)


Net Loan Charge-offs/(Recoveries)

$5,235


$2,277


($184)









Net Loan Charge-offs/(Recoveries)







Commercial loans:







Commercial real estate

($121)


($17)


($48)


Commercial and industrial

5,059


(567)


712


Commercial construction

(1)


2,308


(1,129)


Total Commercial Loan Charge-offs/(Recoveries)

4,937


1,724


(465)


Consumer loans:






Residential mortgage

115


191


53


Home equity

(19)


133


(123)


Installment and other consumer

284


297


359


Consumer construction

(82)


(68)


(8)


Total Consumer Loan Charge-offs

298


553


281


Total Net Loan Charge-offs/(Recoveries)

$5,235


$2,277


($184)




2019


2018


2018



First


Fourth


First


(dollars in thousands)

Quarter


Quarter


Quarter


Asset Quality Data







Nonperforming loans

$47,950


$46,073


$21,335


OREO

2,828


3,092


2,920


Nonperforming assets

50,778


49,165


24,255


Troubled debt restructurings (nonaccruing)

7,873


11,088


8,560


Troubled debt restructurings (accruing)

23,002


16,786


20,035


Total troubled debt restructurings

30,875


27,874


28,595


Nonperforming loans / loans

0.81%


0.77%


0.37%


Nonperforming assets / loans plus OREO

0.85%


0.83%


0.42%


Allowance for loan losses / total portfolio loans

1.03%


1.03%


1.03%


Allowance for loan losses / nonperforming loans

128%


132%


277%


Net loan charge-offs (recoveries)

$5,235


$2,277


($184)


Net loan charge-offs (recoveries)(annualized) / average loans

0.36%


0.15%


(0.01)%


 

 

S&T  Bancorp, Inc.
Consolidated Selected Financial Data
Unaudited


Definitions and Reconciliation of GAAP to Non-GAAP Financial Measures:



2019


2018


2018



First


Fourth


First



Quarter


Quarter


Quarter









(1) Tangible Book Value (non-GAAP)







 Total shareholders' equity

$943,156


$935,761


$895,407


      Less: goodwill and other intangible assets

(289,864)


(290,047)


(290,572)


     Tax effect of other intangible assets

508


546


656


 Tangible common equity (non-GAAP)

$653,800


$646,260


$605,491


 Common shares outstanding

34,330


34,684


35,001


 Tangible book value (non-GAAP)

$19.04


$18.63


$17.30









(2) Return on Average Tangible Shareholders' Equity (non-GAAP)







  Net income (annualized)

$92,987


$106,540


$106,105


       Plus: amortization of intangibles (annualized)

739


811


1,037


       Tax effect of amortization of intangibles (annualized)

(155)


(170)


(218)


  Net income before amortization of intangibles (annualized)

$93,571


$107,181


$106,924









  Average total shareholders' equity

$945,114


$926,782


$889,808


       Less: average goodwill and other intangible assets

(289,954)


(290,045)


(290,754)


       Tax effect of average goodwill and other intangible assets

527


546


685


  Average tangible equity (non-GAAP)

$655,687


$637,283


$599,739


  Return on average tangible shareholders' equity (non-GAAP)

14.27%


16.82%


17.83%









(3) Efficiency Ratio (non-GAAP)







Noninterest expense

$38,919


$36,415


$36,082









Net interest income per consolidated statements of net income

$60,356


$59,842


$56,932


     Less: net (gains) losses on sale of securities




     Plus: taxable equivalent adjustment

961


974


940


Net interest income (FTE) (non-GAAP)

61,317


60,816


57,872


Noninterest income

11,362


11,095


13,792


Net interest income (FTE) (non-GAAP) plus noninterest income

$72,679


$71,911


$71,664


Efficiency ratio (non-GAAP)

53.55%


50.64%


50.35%









(4) Tangible Common Equity / Tangible Assets (non-GAAP)







 Total shareholders' equity

$943,156


$935,761


$895,407


      Less: goodwill and other intangible assets

(289,864)


(290,047)


(290,572)


      Tax effect of goodwill and other intangible assets

508


546


656


 Tangible common equity (non-GAAP)

$653,800


$646,260


$605,491









 Total assets

$7,229,262


$7,252,221


$7,005,329


      Less: goodwill and other intangible assets

(289,864)


(290,047)


(290,572)


      Tax effect of goodwill and other intangible assets

508


546


656


 Tangible assets (non-GAAP)

$6,939,906


$6,962,720


$6,715,413


 Tangible common equity to tangible assets (non-GAAP)

9.42%


9.28%


9.02%









(5) Net Interest Margin Rate (FTE) (non-GAAP)







 Interest income

$78,590


$76,589


$68,029


      Less: interest expense

(18,234)


(16,747)


(11,097)


 Net interest income per consolidated statements of net income

60,356


59,842


56,932


      Plus: taxable equivalent adjustment

961


974


940


 Net interest income (FTE) (non-GAAP)

61,317


60,816


57,872


 Net interest income (FTE) (annualized)

248,675


241,281


234,703


 Average earning assets

$6,692,255


$6,622,090


$6,519,819


 Net interest margin - (FTE) (non-GAAP)

3.71%


3.65%


3.59%









 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/st-bancorp-inc-announces-first-quarter-2019-results-300834387.html

SOURCE S&T Bancorp, Inc.

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