Raymond James assumes coverage on S&T Bancorp stock with Market Perform rating
Raymond James initiated coverage on S&T Bancorp (STBA) with a Market Perform rating, citing its strong banking franchise and disciplined credit practices. The company reported Q2 2026 earnings of $1.02 per share, exceeding expectations, with revenue of $105.24 million. STBA's net interest margin expanded to 3.99%, and it has raised its dividend for 13 consecutive years, currently yielding 3.06%. Analysts expect measured earnings growth and have revised estimates upwards.






