STBA FY 2017 Earnings Report — S&T Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

S&T Bancorp, Inc.STBA

FY 2017 Earnings

Reported March 1, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$316M	—	$282M	—	11.9%
Op. Income	$119M	—	$97M	—	23.5%
Gross Margin	84.6%	—	85.0%	—	-0.4pp
Net Margin	23.1%	—	25.3%	—	-2.2pp
EPS (Diluted)	$2.09	—	$2.04	—	2.5%
Free Cash Flow	$110M	—	$93M	—	17.5%

Revenue Flow

Item	Amount
REVENUE	$316M
Cost of Revenue	$49M
GROSS PROFIT	$267M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$90M
SG&A Expenses	$94M
Other Expenses	$54M
Operating Expenses	$148M
Cost & Expenses	$197M
OPERATING INCOME	$119M
Interest Income	$259M
Interest Expense	$35M
Other Income/Expenses	$0
INCOME BEFORE TAX	$119M
Income Tax Expense	$46M
Net Income from Continuing Ops	$73M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$73M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$73M
D&A	$2M
EBIT	$119M
EBITDA	$122M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$316M
Cost of Revenue	$49M
GROSS PROFIT	$267M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$90M
SG&A Expenses	$94M
Other Expenses	$54M
Operating Expenses	$148M
Cost & Expenses	$197M
OPERATING INCOME	$119M
Interest Income	$259M
Interest Expense	$35M
Other Income/Expenses	$0
INCOME BEFORE TAX	$119M
Income Tax Expense	$46M
Net Income from Continuing Ops	$73M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$73M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$73M
D&A	$2M
EBIT	$119M
EBITDA	$122M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$73M
Depreciation & Amortization	$2M
Stock-Based Compensation	$3M
Deferred Income Tax	$14M
Other Non-Cash Items	$13M
Change in Working Capital	$9M
OPERATING CASH FLOW	$114M
Capital Expenditure	-$5M
Acquisitions (Net)	$4M
Purchases of Investments	-$157M
Sales/Maturities of Investments	$147M
Other Investing Activities	-$202M
NET CASH FROM INVESTING	-$212M
Net Debt Issuance	-$87M
Common Stock Repurchased	-$689.0K
Common Dividends Paid	-$29M
Other Financing Activities	$193M
NET CASH FROM FINANCING	$76M
FREE CASH FLOW	$110M
Net Change in Cash	-$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$117M
Short-Term Investments	$698M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$815M
PP&E (Net)	$43M
Goodwill	$292M
Intangible Assets	$4M
Long-Term Investments	$5.7B
Tax Assets	$0
Other Non-Current Assets	$197M
TOTAL NON-CURRENT ASSETS	$6.2B
TOTAL ASSETS	$7.1B
Account Payables	$0
Short-Term Debt	$590M
Deferred Revenue	$0
Other Current Liabilities	$5.4B
TOTAL CURRENT LIABILITIES	$6.0B
Long-Term Debt	$93M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$65M
TOTAL NON-CURRENT LIABILITIES	$158M
TOTAL LIABILITIES	$6.2B
Common Stock	$90M
Additional Paid-In Capital	$216M
Retained Earnings	$628M
Treasury Stock	-$32M
Accum. Other Comp. Income	-$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$884M
Minority Interest	$0
TOTAL EQUITY	$884M
TOTAL LIABILITIES & EQUITY	$7.1B
Total Debt	$683M
Net Debt	$566M