S&t Bancorp, Inc. · NASDAQ:STBA
S&t Bancorp — Q1 2026 Earnings Presentation
12 slides from S&t Bancorp's earnings presentation, Apr 23, 2026
Slide 1: First Quarter 2026 Earnings Supplement
First Quarter 2026 Earnings Supplement
Slide 2: Forward Looking Statements and Risk Factors; Non-GAAP Financial Measures
Forward Looking Statements and Risk Factors Non-GAAP This information contains or incorporates statements that we believe are “forward-looking statements” within the meaning of the Private Securities Litigation Financial Measures Reform Act of 1995. Forward-looking statements generally relate to our
Slide 3: First Quarter Overview
First Quarter Overview EARNINGS EPS $0.94 Net Income $35.1 million HIGHLIGHTS RETURN ROA ROE METRICS 1.44% 9.77% • Solid earnings and return metrics • EPS growth of 5.6% from 4Q25 and 8.0% ROTE* PPNR* from 1Q25 13.22% 1.87% • ROTE* of 13.22% impacted by strong BALANCE Loan decline Deposit growth ear
Slide 4: Balance Sheet
Balance Sheet • Customer deposit growth of $306.5 million (16.0% annualized) 1Q26 vs 4Q25: • Reduced wholesale funding by $195.1 million • DDA remains strong at 28% of total deposits (150) (100) (50) 0 50 100 150 200 250 1Q26 4Q25 Var • Loan balances declined due to lower Cash & Int Bear Bal funding
Slide 5: Asset Quality
Asset Quality ASSET QUALITY TRENDS • ACL was stable at 1.17% compared to 1.15% at December 31, 2025 (1) Net Loan Charge-offs/(Recoveries) • Net loan charge-offs of $1.7 million, or $20 1.00% 0.09% of total loans $16 0.80% % of Average Loans • NPAs decreased $5.7 million to $12 0.60% $49.9 million, o
Slide 6: Net Interest Income
Net Interest Income • Strong NIM (FTE)* at 3.92% 3.99% 3.93% 3.92% 3.88% • Cost of funds declined 8 basis points due to 3.81% lower rates on deposits and reduced levels of borrowings and brokered CDs • Net interest income increased $5.1 million, or 6.1%, from 1Q25 $89.2 $91.0 $86.6 $88.4 $83.3 Total
Slide 7: Noninterest Income
Noninterest Income • Customer activity seasonally slower $12.7 1Q26 vs 1Q26 vs 1Q26 4Q25 1Q25 Debit and Credit Card $4.3 ($0.5) $0.1 Service Charges 4.2 — 0.2 Investment Services and Trust 3.4 0.2 0.3 Loss on Sale of Securities — — 2.3 Other 1.7 (0.4) 0.3 Noninterest Income $13.6 ($0.7) $3.2 Dollars
Slide 8: Noninterest Expense
Noninterest Expense • Expenses were well-controlled driving a solid efficiency ratio* of 55% 1Q26 1Q26 vs 4Q25 1Q26 vs 1Q25 Salaries & Benefits $31.4 ($1.3) $1.5 Data Processing 5.1 — 0.1 Occupancy 4.6 0.7 0.3 FF&E 3.5 — — Other Taxes 2.1 0.3 0.6 Marketing 1.5 (0.1) (0.1) Professional Services 1.2 —
Slide 9: Capital
Capital • Actively managing capital with 1,146,100 TCE / TA* shares repurchased at an average price per share of $43.30 for $49.6 million in 1Q26 • Strong capital position provides flexibility to 11.65% 11.46% 11.16% 11.34% support organic growth, to pursue selective 11.03% acquisitions and repurcha
Slide 10: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 1Q26 (Dollars in thousands) Return on Average Tangible Shareholders' Equity (ROTE) (non-GAAP) Net income (annualized) $142,236 Plus: amortization of intangibles (annualized), net of tax 583 Net income before amortization of intangibles (ann
Slide 11: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 1Q26 4Q25 3Q25 2Q25 1Q25 (Dollars in thousands) Tangible Common Equity (TCE)/Tangible Assets (non-GAAP) Total shareholders' equity $1,430,681 $1,463,877 $1,475,466 $1,445,493 $1,418,034 Less: goodwill and other intangible assets, net of def
Slide 12: First Quarter 2026 Earnings Supplement
First Quarter 2026 Earnings Supplement