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Dec 31, 2021
S&T Bancorp Q4 2021 Earnings Report
S&T Bancorp's Q4 2021 earnings were announced.
Key Takeaways
S&T Bancorp, Inc. reported a net income of $22.5 million, or $0.57 per diluted share, for the fourth quarter of 2021. The quarter was highlighted by broad-based loan and deposit growth.
Return on average assets (ROA) was 0.94%, return on average equity (ROE) was 7.39% and return on average tangible equity (ROTE) (non-GAAP) was 10.95%.
Pre-tax pre-provision to average assets (PTPP) (non-GAAP) was 1.44%.
Total portfolio loans, excluding PPP, increased $122.6 million, or 7.2% annualized, compared to September 30, 2021.
Total deposit growth of $51.4 million with an improved deposit mix and strong noninterest-bearing demand growth compared to September 30, 2021.
S&T Bancorp
S&T Bancorp
S&T Bancorp Revenue by Segment
Revenue by Segment
Other Noninterest Income Revenue
CapyFin.com Forward Guidance
S&T's fourth quarter was highlighted by broad based loan growth and solid deposit growth giving us great momentum as we enter 2022.