earnings
confidence medium
sentiment positive
materiality 0.75
S&T Bancorp posts record 2022 net income $135.5M; raises dividend 10.3%
S&T BANCORP INC
2022-FY EPS reported
$3.46
- Record full-year net income $135.5M and diluted EPS $3.46, both up 23% from 2021.
- Q4 2022 marked second consecutive quarter of record net income and EPS.
- Board declared $0.32/share quarterly dividend, up 10.3% YoY; payable Feb 23, record Feb 10.
- Board extended $50M share repurchase plan through March 31, 2024; $29.8M remaining.
- Asset size $9.1B; total shareholder return 13% for 2022; recognized by J.D. Power.