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Dec 31, 2020
S&T Bancorp Q4 2020 Earnings Report
S&T Bancorp's Q4 2020 earnings were announced, revealing an increase in net income compared to the previous quarter and the same quarter of the previous year.
Key Takeaways
S&T Bancorp, Inc. reported a net income of $24.2 million, or $0.62 per diluted share, for the fourth quarter of 2020. This represents an increase compared to the third quarter of 2020 ($16.7 million, or $0.43 per diluted share) and is on par with the fourth quarter of 2019 ($22.3 million, or $0.62 per diluted share).
Net income for Q4 2020 was $24.2 million, or $0.62 per diluted share.
Return on average assets (ROA) was 1.05%, return on average equity (ROE) was 8.35%, and return on average tangible equity (ROTE) was 12.71%.
Net interest margin (FTE) increased 9 basis points to 3.38% compared to the previous quarter.
The allowance for credit losses to total portfolio loans was 1.63% at the end of Q4 2020.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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