S&T Bancorp: Q1 Earnings Insights - S&T Bancorp (NASDAQ:STBA)

S&T Bancorp STBA reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

S&T Bancorp beat estimated earnings by 8.51%, reporting an EPS of $1.02 versus an estimate of $0.94.

Revenue was up $19.02 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 3.71% increase in the share price the next day.

Here's a look at S&T Bancorp's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.94	0.81	0.65	0.59
EPS Actual	1.03	0.95	0.74	0.74
Revenue Estimate	100.11M	94.42M	85.11M	82.59M
Revenue Actual	104.70M	98.56M	87.82M	82.96M

To track all earnings releases for S&T Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.