S&t Bancorp, Inc. · NASDAQ:STBA
S&t Bancorp — Shareholder Meeting (May 2017)
17 slides from S&t Bancorp's shareholder meeting presentation, May 15, 2017
Slide 1: Charles G. Urtin, Chairman of the Board
MEMBER FDIC Charles G. Urtin Chairman of the Board
Slide 2: Todd D. Brice, President and Chief Executive Officer
MEMBER FDIC Todd D. Brice President and Chief Executive Officer
Slide 3: Forward Looking Statement and Risk Factors
3 Forward Looking Statement and Risk Factors This presentation contains or incorporates statements that we believe are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, result
Slide 4: Corporate Profile
4 Corporate Profile 4 • Headquartered in Indiana, PA • $7.1 billion in assets (as of 03.31.17) • $1.2 billion market cap (as of 03.31.17) • Locations in 5 regional markets • Stock symbol: STBA
Slide 5: S&T Operates in 5 Regional Markets
5 $ in millions (1)Includes Pittsburgh, Altoona & Johnstown MSAs and Indiana, Clearfield & Jefferson Counties (2)Based on customer residence S&T Operates in 5 Regional Markets MSAs Locations Deposits(2) Loans(2) Southwestern PA(1) Pittsburgh Altoona Johnstown 51 $3,801 $2,998 Southcentral PA Lancast
Slide 6: We had our best year in our 115-year history
“We had our best year in our 115-year history.” - Todd Brice Bri President and Chief Executive Officer Total Deposits Increased 3.1% MEMBER FDIC
Slide 7: Total shareholder return, market cap and dividends
Sali Bancorpr. Total shareholder return* for STBA was over 5.5% Market cap of Increase in cash dividends paid in 2016 BILLION *includes reinvested dividends
Slide 8: Total Annualized Shareholder Return
8 Total Annualized Shareholder Return Includes reinvested dividends (Data as of 3.31.17) Source: Bloomberg Stock Performance 1 YR 3 YR 5 YR 10 YR STBA 38.00 % 16.39 % 12.88 % 3.64 % NASDAQ Bank 42.87 % 14.16 % 17.68 % 3.73 % KRX-Dow Jones KBW Regional Bank 40.76 % 12.77 % 16.06 % 3.55 % S&P 500 17.1
Slide 9: STBA Investment Thesis
9 STBA Investment Thesis • Above peer performance • Undervalued compared to peer • Strategic and effective mergers and expansion • Demonstrated expense discipline and efficiency • Organic growth • Stable regional markets with long-term • oil and gas benefit • Sound asset quality
Slide 10: The Right Size
10 The Right Size • Big enough to: • Provide full complement of products and services • Access technology • Access capital markets • Attract talent • Expand – mergers and acquisitions/de novo • Small enough to: • Stay close to our customers • Understand our markets • Be responsive
Slide 11: Mark Kochvar, Chief Financial Officer
MEMBER FDIC Mark Kochvar Chief Financial Officer
Slide 12: Performance Summary
12 Performance Summary *Annualized for quarterly data 1Q17 2016 2015 2014 2013 Net Income (in millions) $18.2 $71.4 $67.1 $57.9 $50.5 Earnings Per Share $0.52 $2.05 $1.98 $1.95 $1.70 Dividends Per Share $0.20 $0.77 $0.73 $0.68 $0.61 Stock Price $34.60 $39.04 $30.82 $29.81 $25.31 ROA* 1.06 % 1.08 % 1
Slide 13: Peer comparison (BHCPR Peer Group 2)
13 Peer(1) (1) BHCPR Peer Group 2: Bank Holding Companies with $3-10 Billion of Assets (2)Annualized (2)
Slide 14: Peer comparison (BHCPR Peer Group 2)
14 Peer(1) (1) BHCPR Peer Group 2: Bank Holding Companies with $3-10 Billion of Assets (2)Annualized (2)
Slide 15: Peer comparison (SNL Financial Custom Peer Group)
15 Peer(1) (1) SNL Financial Custom Peer Group Holding Companies with $3-10 Billion of Assets (2) Annualized (2)
Slide 16: Peer comparison (BHCPR Peer Group 2)
16 Peer(1) (1) BHCPR Peer Group 2: Bank Holding Companies with $3-10 Billion of Assets
Slide 17: 2017 Annual Meeting
MEMBER FDIC 2017 Annual Meeting