STBA FY 2011 Earnings Report — S&T Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

S&T Bancorp, Inc.STBA

FY 2011 Earnings

Reported February 28, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$209M	—	$228M	—	-8.1%
Op. Income	$62M	—	$58M	—	6.9%
Gross Margin	79.3%	—	71.8%	—	7.4pp
Net Margin	22.6%	—	19.1%	—	3.5pp
EPS (Diluted)	$1.41	—	$0.00	—	100614.3%
Free Cash Flow	$71M	—	$86M	—	-16.5%

Revenue Flow

Item	Amount
REVENUE	$209M
Cost of Revenue	$43M
GROSS PROFIT	$166M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$62M
SG&A Expenses	$65M
Other Expenses	$39M
Operating Expenses	$104M
Cost & Expenses	$147M
OPERATING INCOME	$62M
Interest Income	$165M
Interest Expense	$28M
Other Income/Expenses	$0
INCOME BEFORE TAX	$62M
Income Tax Expense	$15M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	-$130.0K
BOTTOM LINE NET INCOME	$40M
D&A	$6M
EBIT	$62M
EBITDA	$68M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$209M
Cost of Revenue	$43M
GROSS PROFIT	$166M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$62M
SG&A Expenses	$65M
Other Expenses	$39M
Operating Expenses	$104M
Cost & Expenses	$147M
OPERATING INCOME	$62M
Interest Income	$165M
Interest Expense	$28M
Other Income/Expenses	$0
INCOME BEFORE TAX	$62M
Income Tax Expense	$15M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	-$130.0K
BOTTOM LINE NET INCOME	$40M
D&A	$6M
EBIT	$62M
EBITDA	$68M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$47M
Depreciation & Amortization	$6M
Stock-Based Compensation	$960.0K
Deferred Income Tax	$3M
Other Non-Cash Items	$21M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$74M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$135M
Sales/Maturities of Investments	$71M
Other Investing Activities	$198M
NET CASH FROM INVESTING	$132M
Net Debt Issuance	$78M
Common Stock Repurchased	-$109M
Common Dividends Paid	-$17M
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$43M
FREE CASH FLOW	$71M
Net Change in Cash	$162M

Balance Sheet

Item	Amount
Cash & Equivalents	$271M
Short-Term Investments	$358M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$628M
PP&E (Net)	$38M
Goodwill	$165M
Intangible Assets	$6M
Long-Term Investments	$3.1B
Tax Assets	$0
Other Non-Current Assets	$199M
TOTAL NON-CURRENT ASSETS	$3.5B
TOTAL ASSETS	$4.1B
Account Payables	$0
Short-Term Debt	$105M
Deferred Revenue	$0
Other Current Liabilities	$3.3B
TOTAL CURRENT LIABILITIES	$3.4B
Long-Term Debt	$122M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$66M
TOTAL NON-CURRENT LIABILITIES	$188M
TOTAL LIABILITIES	$3.6B
Common Stock	$74M
Additional Paid-In Capital	$53M
Retained Earnings	$421M
Treasury Stock	-$44M
Accum. Other Comp. Income	-$14M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$491M
Minority Interest	$0
TOTAL EQUITY	$491M
TOTAL LIABILITIES & EQUITY	$4.1B
Total Debt	$228M
Net Debt	-$43M