STBA FY 2016 Earnings Report — S&T Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

S&T Bancorp, Inc.STBA

FY 2016 Earnings

Reported February 23, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$282M	—	$255M	—	10.9%
Op. Income	$97M	—	$91M	—	5.7%
Gross Margin	85.0%	—	89.6%	—	-4.7pp
Net Margin	25.3%	—	26.3%	—	-1.1pp
EPS (Diluted)	$2.04	—	$1.93	—	5.7%
Free Cash Flow	$93M	—	$55M	—	68.1%

Revenue Flow

Item	Amount
REVENUE	$282M
Cost of Revenue	$42M
GROSS PROFIT	$240M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$95M
SG&A Expenses	$99M
Other Expenses	$44M
Operating Expenses	$143M
Cost & Expenses	$186M
OPERATING INCOME	$97M
Interest Income	$226M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$97M
Income Tax Expense	$25M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$4M
EBIT	$97M
EBITDA	$100M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$282M
Cost of Revenue	$42M
GROSS PROFIT	$240M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$95M
SG&A Expenses	$99M
Other Expenses	$44M
Operating Expenses	$143M
Cost & Expenses	$186M
OPERATING INCOME	$97M
Interest Income	$226M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$97M
Income Tax Expense	$25M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$4M
EBIT	$97M
EBITDA	$100M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$4M
Stock-Based Compensation	$3M
Deferred Income Tax	$536.0K
Other Non-Cash Items	$19M
Change in Working Capital	-$639.0K
OPERATING CASH FLOW	$97M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$113M
Sales/Maturities of Investments	$99M
Other Investing Activities	-$599M
NET CASH FROM INVESTING	-$617M
Net Debt Issuance	$202M
Common Stock Repurchased	-$115.0K
Common Dividends Paid	-$27M
Other Financing Activities	$385M
NET CASH FROM FINANCING	$560M
FREE CASH FLOW	$93M
Net Change in Cash	$40M

Balance Sheet

Item	Amount
Cash & Equivalents	$139M
Short-Term Investments	$693M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$833M
PP&E (Net)	$45M
Goodwill	$292M
Intangible Assets	$5M
Long-Term Investments	$5.6B
Tax Assets	$0
Other Non-Current Assets	$206M
TOTAL NON-CURRENT ASSETS	$6.1B
TOTAL ASSETS	$6.9B
Account Payables	$0
Short-Term Debt	$711M
Deferred Revenue	$0
Other Current Liabilities	$5.3B
TOTAL CURRENT LIABILITIES	$6.0B
Long-Term Debt	$60M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$58M
TOTAL NON-CURRENT LIABILITIES	$118M
TOTAL LIABILITIES	$6.1B
Common Stock	$90M
Additional Paid-In Capital	$213M
Retained Earnings	$586M
Treasury Stock	-$34M
Accum. Other Comp. Income	-$14M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$842M
Minority Interest	$0
TOTAL EQUITY	$842M
TOTAL LIABILITIES & EQUITY	$6.9B
Total Debt	$771M
Net Debt	$632M