S&t Bancorp, Inc. · NASDAQ:STBA
S&t Bancorp — Q4 2025 Earnings Presentation
15 slides from S&t Bancorp's earnings presentation, Jan 22, 2026
Slide 1: Full Year and Fourth Quarter 2025 Earnings Supplement
Full Year and Fourth Quarter 2025 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: Full Year Overview
Full Year Overview EARNINGS EPS $3.49 Net Income $134.2 million HIGHLIGHTS RETURN ROA ROE METRICS 1.38% 9.29% • Solid return metrics • Strong NIM (FTE)* of 3.90% up from 3.82% ROTE* PPNR* in prior year 12.62% 1.82% • Total loan growth of $329.0 million (4.25%) BALANCE Loan growth Deposit growth • To
Slide 4: Fourth Quarter Overview
Fourth Quarter Overview EARNINGS EPS $0.89 Net Income $34.0 million HIGHLIGHTS RETURN ROA ROE METRICS 1.37% 9.13% • Strong earnings and return metrics • PPNR* increased 6 basis points to 1.95% ROTE* PPNR* 12.30% 1.95% • NIM (FTE)* expansion of 6 basis points to 3.99% BALANCE Loan growth Deposit grow
Slide 5: Balance Sheet
Balance Sheet • Loan growth of $91.0 million (4.52% annualized) primarily in commercial 4Q25 vs 3Q25: • Total deposit growth of $36.9 million (1.85% annualized) with $56.9 million 4Q25 3Q25 Var (100) (50) 0 50 100 (2.92% annualized) of customer deposit growth Cash & Int Bear Bal $ 163 $ 196 $ (33) •
Slide 6: Asset Quality
Asset Quality ASSET QUALITY TRENDS • ACL decreased 8 basis point to 1.15% compared to 1.23% at September 30, 2025 (1) Net Loan Charge-offs/(Recoveries) • ACL decline due to lower criticized and $20 1.00% classified loans and a $1.1 million decline in $16 0.80% % of Average Loans specific reserves $1
Slide 7: Net Interest Income
Net Interest Income • Net interest income growth of 3.99% $1.8 million, or 1.93%, compared to 3Q25 3.93% 3.88% • NIM (FTE)* expansion of 6 basis points 3.81% 3.77% to 3.99% • Total cost of funds down 11 basis points to 1.94% $89.2 $91.0 $86.6 $83.3 $83.3 Total Cost of Funds 2.20% 2.08% 2.08% 2.05% 1
Slide 8: Noninterest Income
Noninterest Income • Noninterest income consistent with 3Q $13.7 $12.7 4Q25 4Q25 vs 3Q25 4Q25 vs 4Q24 Debit and Credit Card $4.8 $0.1 $0.1 Service Charges 4.2 — — Wealth Management 3.2 0.1 0.1 Loss on Sale of Securities — — 2.6 Other 2.1 0.3 0.4 Noninterest Income $14.3 $0.5 $3.2 Dollars in millions
Slide 9: Noninterest Expense
Noninterest Expense • Expenses were well-controlled driving a solid efficiency ratio* of 54% 4Q25 4Q25 vs 3Q25 4Q25 vs 4Q24 Salaries & Benefits $32.7 $0.5 $1.9 Data Processing 5.1 0.2 (0.2) Occupancy 3.9 (0.2) 0.1 FF&E 3.5 0.2 0.2 Other Taxes 1.9 (0.2) (0.3) Marketing 1.5 0.3 (0.1) Professional Serv
Slide 10: Capital
Capital • We have strong capital levels and are well TCE / TA* positioned for growth • TCE / TA* lower than prior quarter due to 948,270 shares repurchased for 11.65% 11.46% 11.16% 11.34% $36.2 million in 4Q 10.82% • $100 million new share repurchase authorization in January of 2026 4Q24 1Q25 2Q25 3
Slide 11: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 2025 (Dollars in thousands) Return on Average Tangible Shareholders' Equity (ROTE) (non-GAAP) Net income $134,230 Plus: amortization of intangibles, net of tax 674 Net income before amortization of intangibles $134,904 Average total shareho
Slide 12: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 2025 (Dollars in thousands) Net Interest Margin (FTE) (non-GAAP) Interest income and dividend income $516,490 Less: interest expense (166,394) Net interest income per consolidated statements of net income 350,096 Plus: taxable equivalent ad
Slide 13: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 4Q25 (Dollars in thousands) Return on Average Tangible Shareholders' Equity (ROTE) (non-GAAP) Net income (annualized) $134,760 Plus: amortization of intangibles (annualized), net of tax 624 Net income before amortization of intangibles (ann
Slide 14: Appendix Definitions of GAAP to Non-GAAP Financial Measures
Appendix Definitions of GAAP to Non-GAAP Financial Measures 4Q25 3Q25 2Q25 1Q25 4Q24 (Dollars in thousands) Tangible Common Equity (TCE)/Tangible Assets (non-GAAP) Total shareholders' equity $1,463,877 $1,475,466 $1,445,493 $1,418,034 $1,380,294 Less: goodwill and other intangible assets, net of def
Slide 15: Full Year and Fourth Quarter 2025 Earnings Supplement
Full Year and Fourth Quarter 2025 Earnings Supplement