INDIANA, Pa. (AP) — INDIANA, Pa. (AP) — S&T Bancorp Inc. (STBA) on Thursday reported fourth-quarter earnings of $37 million.
The bank, based in Indiana, Pennsylvania, said it had earnings of 96 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.
The holding company for S&T Bank posted revenue of $144.8 million in the period. Its revenue net of interest expense was $103.2 million, which also beat Street forecasts.
For the year, the company reported profit of $144.8 million, or $3.74 per share. Revenue was reported as $407 million.
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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