S&T Bancorp, Inc. (NASDAQ:STBA) declared quarterly dividend of $ 0.28 per share, or $ 1.12 annualized.
The dividend will be payable on November 19, 2020, to stockholders of record on November 5, 2020, with an ex-dividend date of November 4, 2020.
Dividends History
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S&T Bancorp, Inc. recently reported second quarter financial results on July 30, 2020, before market open, the Indiana based company revealed income for the second quarter of $ 0.34 per share, from the revenue of $ 85.37 million. The quarterly earnings declined 56.41 percent compared with the same quarter last year. The consensus estimates are income of $ 0.30 per share from $ 84.51 million in revenue. The bottom line results beat street analysts by $ 0.04 or 13.33 percent, at the same time, top line results outshined analysts by $ 0.86 million or 1.02 percent.
Stock Performance
Shares of S&T Bancorp, Inc. traded up $ 0.65 or 3.27 percent on Tuesday, reaching $ 20.55 with volume of 30.90 thousand shares. The stock opened positive for the day at $ 20.18, after closing the previous day trading at $ 19.90.
According to the previous trading day, closing price of $ 19.90, representing a 17.20 % increase from the 52 week low of $ 16.98 and a 52.09 % decrease over the 52 week high of $ 41.54.
The company has a market capital of $ 806.62 million and is part of the Financial Services sector and Banks – Regional – US industry.
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits.