S&T BANCORP INC Earnings Per Share Disclosure
| Twelve Months Ended December 31, | |||||||||||||||||||||||||||||
| (in thousands, except share and per share data) | 2025 | 2024 | 2023 | ||||||||||||||||||||||||||
Numerator for Earnings per Share—Basic and Diluted: | |||||||||||||||||||||||||||||
Net income—Treasury Stock Method—Basic and Diluted | $ | 134,230 | $ | 131,265 | $ | 144,781 | |||||||||||||||||||||||
Less: Income allocated to participating shares(1) | — | 13 | 156 | ||||||||||||||||||||||||||
Net Income Allocated to Shareholders—Two-Class Method—Basic and Diluted | $ | 134,230 | $ | 131,252 | $ | 144,625 | |||||||||||||||||||||||
Denominator for Earnings per Share—Treasury Stock Method: | |||||||||||||||||||||||||||||
| Weighted Average Shares Outstanding—Basic | 38,195,322 | 38,237,531 | 38,432,447 | ||||||||||||||||||||||||||
| Add: Potentially dilutive shares | 296,182 | 289,573 | 253,171 | ||||||||||||||||||||||||||
| Denominator for Treasury Stock Method—Diluted | 38,491,504 | 38,527,104 | 38,685,618 | ||||||||||||||||||||||||||
Denominator for Earnings per Share—Two-Class Method: | |||||||||||||||||||||||||||||
| Weighted Average Shares Outstanding—Basic | 38,195,322 | 38,237,531 | 38,432,447 | ||||||||||||||||||||||||||
Add: Average participating shares outstanding(1) | — | 286,157 | 222,958 | ||||||||||||||||||||||||||
| Denominator for Two-Class Method—Diluted | 38,195,322 | 38,523,688 | 38,655,405 | ||||||||||||||||||||||||||
| Earnings per share—basic | $ | 3.51 | $ | 3.43 | $ | 3.76 | |||||||||||||||||||||||
| Earnings per share—diluted | $ | 3.49 | $ | 3.41 | $ | 3.74 | |||||||||||||||||||||||
| Restricted stock considered anti-dilutive excluded from potentially dilutive shares | 27 | 190 | 293 | ||||||||||||||||||||||||||
(1)Two-class method not applicable in 2025. | |||||||||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Mar 3, 2025 | |
| 2023 | Feb 27, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 28, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Mar 2, 2020 | |
| 2018 | Feb 21, 2019 | |
| 2017 | Mar 1, 2018 | |
| 2016 | Feb 24, 2017 | |
| 2015 | Feb 23, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.