S&T Bancorp Posts Q3 Profit of $38.6 Million, Beats Analyst Estimates

S&T Bancorp Inc. (STBA) on Thursday reported third-quarter profit of $38.6 million, or $1.09 per share, topping Wall Street expectations. The Indiana, Pennsylvania-based bank's results beat the average estimate of 99 cents per share from five analysts surveyed by Zacks Investment Research. The holding company for S&T Bank posted revenue of $146.4 million for the period. Revenue net of interest expense came in at $107.8 million, also exceeding Street forecasts of $106.7 million from three analysts surveyed by Zacks.