We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for S&T Bancorp (STBA) Q4 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
Wall Street analysts forecast that S&T Bancorp (STBA - Free Report) will report quarterly earnings of $0.89 per share in its upcoming release, pointing to a year-over-year increase of 3.5%. It is anticipated that revenues will amount to $103.95 million, exhibiting an increase of 10.2% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some S&T Bancorp metrics that Wall Street analysts commonly model and monitor.
The combined assessment of analysts suggests that 'Efficiency Ratio (FTE)' will likely reach 55.1%. Compared to the current estimate, the company reported 56.9% in the same quarter of the previous year.
The consensus among analysts is that 'Net interest margin (FTE) (non-GAAP)' will reach 3.9%. Compared to the present estimate, the company reported 3.8% in the same quarter last year.
It is projected by analysts that the 'Average interest-earning assets' will reach $9.18 billion. Compared to the present estimate, the company reported $8.86 billion in the same quarter last year.
The average prediction of analysts places 'Total Noninterest income' at $13.86 million. Compared to the present estimate, the company reported $11.07 million in the same quarter last year.
Based on the collective assessment of analysts, 'Net interest income (FTE) (non-GAAP)' should arrive at $90.87 million. Compared to the current estimate, the company reported $83.92 million in the same quarter of the previous year.
Analysts predict that the 'Debit and credit card' will reach $4.88 million. Compared to the present estimate, the company reported $4.63 million in the same quarter last year.
According to the collective judgment of analysts, 'Service charges on deposit accounts' should come in at $4.10 million. Compared to the present estimate, the company reported $4.18 million in the same quarter last year.
Analysts' assessment points toward 'Wealth management' reaching $3.08 million. The estimate compares to the year-ago value of $3.15 million.
S&T Bancorp shares have witnessed a change of -1.4% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #3 (Hold), STBA is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Exploring Analyst Estimates for S&T Bancorp (STBA) Q4 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that S&T Bancorp (STBA - Free Report) will report quarterly earnings of $0.89 per share in its upcoming release, pointing to a year-over-year increase of 3.5%. It is anticipated that revenues will amount to $103.95 million, exhibiting an increase of 10.2% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some S&T Bancorp metrics that Wall Street analysts commonly model and monitor.
The combined assessment of analysts suggests that 'Efficiency Ratio (FTE)' will likely reach 55.1%. Compared to the current estimate, the company reported 56.9% in the same quarter of the previous year.
The consensus among analysts is that 'Net interest margin (FTE) (non-GAAP)' will reach 3.9%. Compared to the present estimate, the company reported 3.8% in the same quarter last year.
It is projected by analysts that the 'Average interest-earning assets' will reach $9.18 billion. Compared to the present estimate, the company reported $8.86 billion in the same quarter last year.
The average prediction of analysts places 'Total Noninterest income' at $13.86 million. Compared to the present estimate, the company reported $11.07 million in the same quarter last year.
Based on the collective assessment of analysts, 'Net interest income (FTE) (non-GAAP)' should arrive at $90.87 million. Compared to the current estimate, the company reported $83.92 million in the same quarter of the previous year.
Analysts predict that the 'Debit and credit card' will reach $4.88 million. Compared to the present estimate, the company reported $4.63 million in the same quarter last year.
According to the collective judgment of analysts, 'Service charges on deposit accounts' should come in at $4.10 million. Compared to the present estimate, the company reported $4.18 million in the same quarter last year.
Analysts' assessment points toward 'Wealth management' reaching $3.08 million. The estimate compares to the year-ago value of $3.15 million.
View all Key Company Metrics for S&T Bancorp here>>>S&T Bancorp shares have witnessed a change of -1.4% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #3 (Hold), STBA is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .