S&T Bancorp Shares Dip With Regional Bank ETF Moving Lower Ahead of Dividend
S&T Bancorp shares fell 0.9% to $44.94 Wednesday, retracing gains as regional bank stocks slid. The company will pay a higher $0.37-per-share dividend on May 28 to holders of record as of May 14. S&T posted Q1 net income of $35.1 million and reported total deposits up $226.4 million. The stock’s market cap was about $1.62 billion at the close.