STBA FY 2018 Earnings Report — S&T Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

S&T Bancorp, Inc.STBA

FY 2018 Earnings

Reported February 21, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$337M	—	$316M	—	6.7%
Op. Income	$123M	—	$119M	—	3.2%
Gross Margin	79.1%	—	84.6%	—	-5.4pp
Net Margin	31.2%	—	23.1%	—	8.2pp
EPS (Diluted)	$3.01	—	$2.09	—	44.0%
Free Cash Flow	$124M	—	$110M	—	13.1%

Revenue Flow

Item	Amount
REVENUE	$337M
Cost of Revenue	$70M
GROSS PROFIT	$267M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$82M
SG&A Expenses	$86M
Other Expenses	$58M
Operating Expenses	$144M
Cost & Expenses	$214M
OPERATING INCOME	$123M
Interest Income	$288M
Interest Expense	$55M
Other Income/Expenses	$0
INCOME BEFORE TAX	$123M
Income Tax Expense	$18M
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$105M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$105M
D&A	$7M
EBIT	$123M
EBITDA	$130M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$337M
Cost of Revenue	$70M
GROSS PROFIT	$267M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$82M
SG&A Expenses	$86M
Other Expenses	$58M
Operating Expenses	$144M
Cost & Expenses	$214M
OPERATING INCOME	$123M
Interest Income	$288M
Interest Expense	$55M
Other Income/Expenses	$0
INCOME BEFORE TAX	$123M
Income Tax Expense	$18M
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$105M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$105M
D&A	$7M
EBIT	$123M
EBITDA	$130M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$105M
Depreciation & Amortization	$7M
Stock-Based Compensation	$2M
Deferred Income Tax	$4M
Other Non-Cash Items	-$2M
Change in Working Capital	$12M
OPERATING CASH FLOW	$128M
Capital Expenditure	-$4M
Acquisitions (Net)	$5M
Purchases of Investments	-$93M
Sales/Maturities of Investments	$90M
Other Investing Activities	-$200M
NET CASH FROM INVESTING	-$202M
Net Debt Issuance	-$47M
Common Stock Repurchased	-$13M
Common Dividends Paid	-$35M
Other Financing Activities	$207M
NET CASH FROM FINANCING	$112M
FREE CASH FLOW	$124M
Net Change in Cash	$38M

Balance Sheet

Item	Amount
Cash & Equivalents	$155M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$155M
PP&E (Net)	$42M
Goodwill	$287M
Intangible Assets	$3M
Long-Term Investments	$6.6B
Tax Assets	$0
Other Non-Current Assets	$192M
TOTAL NON-CURRENT ASSETS	$7.1B
TOTAL ASSETS	$7.3B
Account Payables	$0
Short-Term Debt	$488M
Deferred Revenue	$0
Other Current Liabilities	$5.7B
TOTAL CURRENT LIABILITIES	$6.2B
Long-Term Debt	$116M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$38M
TOTAL NON-CURRENT LIABILITIES	$154M
TOTAL LIABILITIES	$6.3B
Common Stock	$90M
Additional Paid-In Capital	$210M
Retained Earnings	$702M
Treasury Stock	-$44M
Accum. Other Comp. Income	-$23M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$936M
Minority Interest	$0
TOTAL EQUITY	$936M
TOTAL LIABILITIES & EQUITY	$7.3B
Total Debt	$604M
Net Debt	$449M