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S&T Bancorp STBA Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$105.2M+5.2%
Net income$36.6M+14.9%
EPS (diluted)$1.02+22.9%

Balance sheet

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Cash & equivalents$217.8M+7.2%
Total debt$225.8M+12.4%
Total equity$1.4B-2.9%
Total assets$9.9B+1.4%

Cash flow

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Operating cash flow$27.8M-1.7%
CapEx$847.0K-28.8%
Free cash flow$27.0M-0.5%

Valuation

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Market cap$1.79B+28.7%
Enterprise value$1.8B+29.5%
P/E12.8×+2.1×
P/S4.3×+0.7×

Profitability

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Net margin33.8%-0.2pp
FCF margin34.4%-0.7pp

Returns & leverage

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Return on equity9.9%+0.4pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by S&T Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: S&T Bancorp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:53 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000719220-26-000098
Line itemJune 30, 2026December 31, 2025
Portfolio loans, net of unearned income8,058,3868,071,957
Allowance for credit losses(93,320)(93,178)
Portfolio loans, net7,965,0667,978,779
Bank owned life insurance86,58485,421
Premises and equipment, net42,73143,855
Federal Home Loan Bank and other restricted stock, at cost16,79616,030
Goodwill373,424373,424
Other intangible assets, net1,8872,251

Item 1. Condensed Consolidated Financial Statements

FAQ

What is S&T Bancorp's bank owned life insurance?
S&T Bancorp (STBA) reported bank owned life insurance of $86.58M in Q2 2026.
How has S&T Bancorp's bank owned life insurance changed year-over-year?
S&T Bancorp's bank owned life insurance increased by 1.3% year-over-year, from $85.5M to $86.58M.
What is the long-term trend for S&T Bancorp's bank owned life insurance?
Over 5 years (2020 to 2025), S&T Bancorp's bank owned life insurance has grown at a 0.7% compound annual growth rate (CAGR), from $82.3M to $85.42M.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) consists of life insurance policies purchased by the bank on the lives of its key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, and the tax-advantaged income generated helps offset the costs of employee benefit programs. It serves as a long-term financial instrument to manage benefit liabilities and improve overall profitability.

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