S&T Bancorp, Inc. (STBA) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

for participating in today's earnings call. Before beginning the presentation, I want to take time to refer you to our statement about forward-looking statements and risk factors. The statement provides the cautionary language required by the Securities Exchange Commission for forward-looking statements that may be included in this presentation. A copy of the fourth quarter and full year 2025 earnings release I'm going to begin my comments on page three. We certainly appreciate the analysts being here, and we look forward to your questions. Before we discuss Q4 specifically, I'd like to take a few minutes to discuss and wrap up 2025. Overall, we move forward through 2025 very well, producing strong returns, building record levels of capital, with increased momentum while receiving external recognition for both our financial performance as well as our high levels of employee engagement. For the year, we produced $3.49 a share, just under $135 million of net income with a 3.9% net interest margin. Loan growth was over 4% and customer deposit growth was just under 3% while expenses were well controlled. Asset quality for the full year was well managed at 18 basis points of net charge costs, while the ACL declined 16 basis points year over year, reflecting three straight years of overall improved asset quality. None of these results would have happened without the commitment of almost 1,300 S&T employees, who are some of the most engaged and talented employees in our industry. For those that are listening on the call, We thank you for your hard work and your engagement. These numbers and results are yours. You should be very proud. Turning to the quarter, our $34 million in net income equates to 89 cents per share, down slightly from Q3. Our return metrics were again str...