Last $23.73 USD
Change Today -0.15 / -0.63%
Volume 21.7K
STBA On Other Exchanges
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As of 2:20 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

s & t bancorp inc (STBA) Key Developments

S&T Bank to Build Prototype Tech-Focused Branch

S&T Bank announced that it plans to open a new branch prototype to replace its current Indian Springs location. The new office will incorporate updated technological features aimed to enrich the customer experience. New technological features will include an interactive tech bar with tablets loaded with helpful resources and free in-branch Wi-Fi service to make banking easier for customers. The wireless hotspot will allow customers to use their own laptops, tablets, and smart phones to access the Internet. Customer service representatives will assist customers with downloading and using the mobile banking app or online banking. To provide added convenience, the branch will have a video conferencing area to connect customers to S&T experts remotely, and a self-contained cash-dispensing machine to streamline cash transactions.

S&T Bank Announces Executive Changes

S&T Bank announced the promotions of two senior-level employees who are veterans of the banking industry: William Kametz has been appointed Executive Vice President, Deputy Chief Credit Officer. Kametz has worked with S&T Bank for more than six years, and prior to joining the team, he served as an Executive Vice President and Chief Lending Officer at VIST Financial Corporation; Joseph Imler was named Senior Vice President, S&T Bank and President, S&T Evergreen Insurance. Imler is an original co-founder of Evergreen Insurance Associates, which was established in 1980.

S&T Bank Appoints Becky Stapleton as New Senior Executive Vice President, Chief Banking Officer

S&T Bank announced the appointment of Becky Stapleton as Senior Executive Vice President, Chief Banking Officer. In her new role, Stapleton will be responsible for overseeing all of banls retail banking operations including market sales and retail banking sales. Stapleton has more than 25 years of experience in the banking industry within S&T Bank. Most recently she served as executive vice president and director of human resources and employee communications.

S&T Bank Plans to Open New Branch at 141 West Beaver Ave., State College, Pa. on June 18, 2014; Announces Board Appointments

S&T Bank announced that it will open its newest S&T Bank branch at 141 West Beaver Ave., State College, Pa. on June 18, 2014. The branch is more than 3,900 square feet, is located in the center of downtown at the corner of Atherton St. and Fraser St., and is also directly accessible from the Fraser St. Parking Facility. The bank will offer retail banking services, mortgage services, wealth management, commercial lending, treasury management and S&T Evergreen Insurance. The company also announced that as a veteran of the banking industry in State College, Richards will serve as Executive Vice President. Prior to joining S&T Bank, Richards was CEO of two Pennsylvania banks, including the Nittany Bank, where he was a founding member. In addition, Richards acts as treasurer of the Centre County Housing and Land Trust and is also a board member of the State College Downtown Improvement District. With a total of three and a half decades of experience, which includes 25 years serving the State College region, Grim joined S&T Bank as Senior Vice President, Commercial Loan Officer. Grim currently serves as Finance Chairman of State College Community Land Trust, and previously was a past board member of the State College Little League. In addition, S&T Bank has hired Jessica Chobody as Vice President, Private Banker and Jennifer Cadman as Private Banker. Prior to joining the S&T Bank State College team, Cadman and Chobody have spent many years working in the State College market.

S&T Bancorp Inc. Presents at INVESTPennsylvania Equity Conference, May-29-2014

S&T Bancorp Inc. Presents at INVESTPennsylvania Equity Conference, May-29-2014. Venue: The David L Lawrence Convention Center, 1000 Fort Duquesne, Pittsburgh, Pennsylvania, United States. Presentation Date & Speakers: May-29-2014, Mark Kochvar, Chief Financial Officer, Senior Executive Vice President, Chief Financial Officer of The S&T Bank and Senior Executive Vice President of The S&T Bank, Todd D. Brice, Chief Executive Officer, President, Director, Chief Executive Officer of S&T Bank, President of S&T Bank and Director of S&T Bank.

 

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Community Trust Bancorp Inc $34.36 USD -0.22
First Merchants Corp $20.03 USD -0.18
Sandy Spring Bancorp Inc $24.05 USD -0.10
TrustCo Bank Corp NY $6.84 USD +0.02
WSFS Financial Corp $69.52 USD -0.10
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STBA

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Valuation STBA Industry Range
Price/Earnings 13.6x
Price/Sales 4.0x
Price/Book 1.2x
Price/Cash Flow 13.6x
TEV/Sales 1.6x
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