S&T Bancorp Reports Q2 2026 Results; $100M Share Buyback

What Happened

• On July 23, 2026 S&T Bancorp, Inc. (S&T) announced its financial results for the three- and six-month periods ended June 30, 2026 via a press release (Exhibit 99.1) and made supplemental financial information available on its website (Exhibit 99.2).
• At its July 22, 2026 board meeting, S&T’s Board authorized a new $100 million share repurchase program, which replaces the prior program effective July 27, 2026 and is set to expire on August 31, 2027. A press release about the repurchase program is included as Exhibit 99.3.

Key Details

• Earnings for the three and six months ended June 30, 2026 were announced by press release on July 23, 2026 (Exhibit 99.1); supplemental results materials were posted to S&T’s website (Exhibit 99.2).
• New repurchase authorization: up to $100,000,000 aggregate value of common stock; repurchases may occur in open market or via privately negotiated transactions.
• Effective dates: new program replaces prior program effective July 27, 2026; board authorized it July 22, 2026; expiration August 31, 2027. The remaining capacity under the prior program was terminated.
• Repurchases are discretionary (no obligation to buy any shares), subject to market, legal and contractual conditions, and may be modified, extended, or discontinued.

Why It Matters

• The earnings release and supplemental information provide updated quarterly performance data investors should review to assess revenue, net income, margins and trends for Q2 2026. (See the attached press release and supplemental materials for the specific financial figures.)
• The $100M repurchase authorization gives S&T flexibility to return capital to shareholders and potentially reduce share count, which can affect earnings per share; however, repurchases are discretionary and depend on market conditions and the company’s capital needs.
• Investors should read the press releases and supplemental information and consider the company’s disclosures about forward-looking statements and related risks (including S&T’s Form 10-K risk factors) before making investment decisions.