S&T Bancorp reports Q2 2024 net income of $34.4 million, $0.89 per diluted share
S&T Bancorp reported second-quarter 2024 net income of $34.4 million, or $0.89 per diluted share, up from $31.2 million, or $0.81 per share, in the first quarter and flat with $0.89 per share in the second quarter of 2023. The results were released alongside supplemental investor materials, and the filing reports the quarter's net interest margin of 3.85% and nonperforming assets of $35.0 million.
Key points
- Net income of $34.4 million and diluted EPS of $0.89, compared with $31.2 million and $0.81 in Q1 2024.
- Diluted EPS matched the $0.89 reported in Q2 2023, when net income was $34.5 million.
- Net interest margin rose to 3.85% from 3.84% in Q1 2024; provision for credit losses fell to $0.4 million from $2.6 million.
- Q2 2024 included a $3.2 million loss on the repositioning of $49.0 million of securities.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 18, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.