S&T BANCORP, INC. INCREASES QUARTERLY CASH DIVIDEND


(MENAFN- PR Newswire)

INDIANA, Pa., Jan. 25, 2023 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: stba ), the holding company for S&T Bank, approved a $0.32 per share cash dividend on January 25, 2023. This is an increase of $0.03, or 10.3 percent, compared to a cash dividend of $0.29 in the same period in the prior year. The annualized yield using the January 24, 2023 closing price of $32.37 is 4.0 percent. The dividend is payable February 23, 2023 to shareholders of record on February 10, 2023.

About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is an $8.9 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. S&T Bank was recently named by forbes
as a 2022 Best-in-State Bank. S&T Bank also received the highest ranking in customer satisfaction for retail banking in the Pennsylvania region by j.d. power
in 2022. For more information visit stbancorp.com
or stbank.com . Follow us on facebook , instagram and linkedin.

SOURCE S&T Bancorp, Inc.

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