S&T Bancorp (STBA) Tops Q4 EPS by 2c

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S&T Bancorp, Inc. Announces Fourth Quarter and Full Year 2017 Results

January 25, 2018 7:30 AM EST

INDIANA, Pa., Jan. 25, 2018 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York, announced today its fourth quarter and full year 2017 earnings. Fourth quarter of 2017 net income was $9.3 million and diluted earnings per share was $0.27.  As a result of the December 2017 enactment of the Tax Cuts and Jobs Act, additional tax expense of $13.4 million was recognized to re-measure the net deferred tax asset... More