S&T Bancorp (STBA) Misses Q4 EPS by 4c

S&T Bancorp (NASDAQ: STBA) reported Q4 EPS of $0.50, $0.04 worse than the analyst estimate of $0.54.

Fourth Quarter of 2015 Highlights:

• Return on average assets was 1.10% and return on average equity was 8.74% for the fourth quarter of 2015.
• Earnings were positively impacted by $0.9 million, or $0.02 per share, due to the strategic repositioning of our credit card product.
• Total loans increased $123 million, or 9.9% annualized, compared to the third quarter of 2015, representing the third consecutive quarter of growth greater than $100 million.
• S&T declared a $0.19 per share dividend compared to $0.18 in the same period a year ago, an increase of 5.6%.

For earnings history and earnings-related data on S&T Bancorp (STBA) click here.

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