INDIANA, Pa. (AP) — INDIANA, Pa. (AP) — S&T Bancorp Inc. (STBA) on Thursday reported third-quarter profit of $38.6 million.
The bank, based in Indiana, Pennsylvania, said it had earnings of $1.09 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The holding company for S&T Bank posted revenue of $146.4 million in the period. Its revenue net of interest expense was $107.8 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $106.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STBA at https://www.zacks.com/ap/STBA
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