INDIANA, Pa. (AP) — INDIANA, Pa. (AP) — S&T Bancorp Inc. (STBA) on Thursday reported first-quarter profit of $33.4 million.
The bank, based in Indiana, Pennsylvania, said it had earnings of 87 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.
The holding company for S&T Bank posted revenue of $135.3 million in the period. Its revenue net of interest expense was $93.8 million, which missed 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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.