S&T Bancorp Inc.
11/05/2026 | Press release | Distributed by Public on 11/05/2026 14:52
Quarterly Report for Quarter Ending September 30, 2026 (Form 10-Q)
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
policy guidelines define a ratio of highly liquid assets to total assets by graduated risk tolerance levels of minimal, moderate and high. At September 30, 2026, S&T Bank had $858.7 million in highly liquid assets which consisted primarily of $126.7 million in interest-bearing deposits with banks and $731.4 million in unpledged securities. This resulted in a highly liquid assets to total assets ratio of 8.7 percent at September 30, 2026.
We continue to maintain a strong capital position with our capital ratios in excess of the well-capitalized regulatory guidelines. The following table summarizes capital amounts and ratios for S&T and S&T Bank at the dates presented:
| (dollars in thousands) |
Adequately Capitalized |
Well- Capitalized |
September 30, 2026 | December 31, 2025 | ||||||||||||||||||||||
| Amount | Ratio | Amount | Ratio | |||||||||||||||||||||||
| S&T Bancorp, Inc. | ||||||||||||||||||||||||||
| Tier 1 leverage | 4.00 | % | 5.00 | % | $ | 1,129,212 | 11.79 | % | $ | 1,154,736 | 12.18 | % | ||||||||||||||
| Common equity tier 1 to risk-weighted assets | 4.50 | % | 6.50 | % | 1,105,212 | 14.02 | % | 1,130,736 | 14.32 | % | ||||||||||||||||
| Tier 1 capital to risk-weighted assets | 6.00 | % | 8.00 | % | 1,129,212 | 14.32 | % | 1,154,736 | 14.62 | % | ||||||||||||||||
| Total capital to risk-weighted assets | 8.00 | % | 10.00 | % | 1,252,752 | 15.89 | % | 1,278,474 | 16.19 | % | ||||||||||||||||
| S&T Bank | ||||||||||||||||||||||||||
| Tier 1 leverage | 4.00 | % | 5.00 | % | $ | 1,072,027 | 11.20 | % | $ | 1,128,495 | 11.91 | % | ||||||||||||||
| Common equity tier 1 to risk-weighted assets | 4.50 | % | 6.50 | % | 1,072,027 | 13.61 | % | 1,128,495 | 14.30 | % | ||||||||||||||||
| Tier 1 capital to risk-weighted assets | 6.00 | % | 8.00 | % | 1,072,027 | 13.61 | % | 1,128,495 | 14.30 | % | ||||||||||||||||
| Total capital to risk-weighted assets | 8.00 | % | 10.00 | % | 1,195,505 | 15.18 | % | 1,252,175 | 15.86 | % | ||||||||||||||||
During the nine months ended September 30, 2026, we repurchased 2,221,024 shares of common stock for $97.2 million, excluding excise taxes and commissions, at an average price of $43.75 per share. The share repurchases contributed to the decrease in shareholders' equity and regulatory capital ratios compared to December 31, 2025.
We have filed a shelf registration statement on Form S-3 under the Securities Act of 1933, as amended, with the SEC which allows for the issuance of a variety of securities including debt and capital securities, preferred and common stock and warrants. We may use the proceeds from the sale of securities for general corporate purposes which could include investments at the holding company level, investing in, or extending credit to subsidiaries, possible acquisitions and stock repurchases. We have not issued any securities pursuant to this shelf registration statement at September 30, 2026.
S&T BANCORP, INC. AND SUBSIDIARIES
S&T Bancorp Inc. published this content on November 05, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 05, 2026 at 20:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]