STBA FY 2021 Earnings Report — S&T Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

S&T Bancorp, Inc.STBA

FY 2021 Earnings

Reported February 28, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$354M	—	$380M	—	-6.9%
Op. Income	$136M	—	$21M	—	544.8%
Gross Margin	91.7%	—	54.6%	—	37.1pp
Net Margin	31.2%	—	5.5%	—	25.6pp
EPS (Diluted)	$2.81	—	$0.53	—	430.2%
Free Cash Flow	$211M	—	$46M	—	357.9%

Revenue Flow

Item	Amount
REVENUE	$354M
Cost of Revenue	$29M
GROSS PROFIT	$325M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$104M
SG&A Expenses	$109M
Other Expenses	$80M
Operating Expenses	$189M
Cost & Expenses	$218M
OPERATING INCOME	$136M
Interest Income	$289M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$136M
Income Tax Expense	$25M
Net Income from Continuing Ops	$110M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$110M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$110M
D&A	$11M
EBIT	$136M
EBITDA	$147M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$354M
Cost of Revenue	$29M
GROSS PROFIT	$325M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$104M
SG&A Expenses	$109M
Other Expenses	$80M
Operating Expenses	$189M
Cost & Expenses	$218M
OPERATING INCOME	$136M
Interest Income	$289M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$136M
Income Tax Expense	$25M
Net Income from Continuing Ops	$110M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$110M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$110M
D&A	$11M
EBIT	$136M
EBITDA	$147M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$110M
Depreciation & Amortization	$11M
Stock-Based Compensation	$2M
Deferred Income Tax	$2M
Other Non-Cash Items	$38M
Change in Working Capital	$50M
OPERATING CASH FLOW	$215M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$314M
Sales/Maturities of Investments	$147M
Other Investing Activities	$184M
NET CASH FROM INVESTING	$13M
Net Debt Issuance	-$67M
Common Stock Repurchased	-$630.0K
Common Dividends Paid	-$44M
Other Financing Activities	$576M
NET CASH FROM FINANCING	$464M
FREE CASH FLOW	$211M
Net Change in Cash	$693M

Balance Sheet

Item	Amount
Cash & Equivalents	$922M
Short-Term Investments	$910M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$53M
Goodwill	$373M
Intangible Assets	$7M
Long-Term Investments	$6.9B
Tax Assets	$0
Other Non-Current Assets	$320M
TOTAL NON-CURRENT ASSETS	$7.7B
TOTAL ASSETS	$9.5B
Account Payables	$0
Short-Term Debt	$84M
Deferred Revenue	$0
Other Current Liabilities	$8.0B
TOTAL CURRENT LIABILITIES	$8.1B
Long-Term Debt	$77M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$124M
TOTAL NON-CURRENT LIABILITIES	$201M
TOTAL LIABILITIES	$8.3B
Common Stock	$104M
Additional Paid-In Capital	$403M
Retained Earnings	$774M
Treasury Stock	-$67M
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$9.5B
Total Debt	$161M
Net Debt	-$761M