Detail akcie S & T Bancorp online

Business Summary: S&T Bancorp, Inc. is a bank holding company. The Company’s segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.
Financial Summary: BRIEF: For the three months ended 31 March 2024, S&T Bancorp Inc interest income increased 15% to $127.8M. Net interest income after loan loss provision decreased 8% to $80.9M. Net income applicable to common stockholders decreased 21% to $31.2M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 11% to 3.84%. Net income also reflects Deposits increase from $14.9M to $36.7M (expense).