S&T Bancorp: Q2 Earnings Snapshot

Audio By Carbonatix

INDIANA, Pa. (AP) _ S&T Bancorp Inc. (STBA) on Thursday reported second-quarter earnings of $28.9 million.

The bank, based in Indiana, Pennsylvania, said it had earnings of 74 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The holding company for S&T Bank posted revenue of $90.2 million in the period. Its revenue net of interest expense was $87.8 million, also surpassing Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STBA at https://www.zacks.com/ap/STBA