S&T Bancorp (STBA) Mortgage Banking (2010 - 2024)
S&T Bancorp (STBA) posted Mortgage Banking of $355,000 for Q3 2024, up 20.7% from $294,000 a year earlier and up 39.8% from the prior quarter.
S&T Bancorp (STBA) Mortgage Banking (2010 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Mortgage Banking at S&T Bancorp was $1.17 million, down 2.3% year-over-year; for FY2023, it came in at $1.16 million, down 47.4% from FY2022.
- Annual Mortgage Banking has declined for three consecutive years, with a five-year compound annual growth rate of -15.9% (FY2018 to FY2023).
- In prior years, S&T Bancorp's Mortgage Banking was $2.22 million in FY2022 (-77.2%), $9.73 million in FY2021 (-10.9%), $10.92 million in FY2020 (+338.5%) and $2.49 million in FY2019 (-9.8%).
- The Q3 2024 figure stands as the highest quarterly Mortgage Banking since Q3 2022.
- On a year-over-year basis, Mortgage Banking increased in 1 of the last eight quarters, with an average decline of 28.5%.
- The strongest year-over-year quarter for Mortgage Banking in the past five years was Q3 2020, with growth of 567.3%; the weakest was Q3 2022, with a decline of 80.3%.
- According to Business Quant data, Mortgage Banking for the three prior quarters was $254,000 (Q2 2024), $277,000 (Q1 2024) and $280,000 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | S&T Bancorp | 1.72 Bn | -3.21 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 355,000.00 |
| Jun 30, 2024 | 254,000.00 |
| Mar 31, 2024 | 277,000.00 |
| Dec 31, 2023 | 280,000.00 |
| Sep 30, 2023 | 294,000.00 |
| Jun 30, 2023 | 289,000.00 |
| Mar 31, 2023 | 301,000.00 |
| Dec 31, 2022 | 309,000.00 |
| Sep 30, 2022 | 425,000.00 |
| Jun 30, 2022 | 466,000.00 |
| Mar 31, 2022 | 1.02 Mn |
| Dec 31, 2021 | 1.53 Mn |
| Sep 30, 2021 | 2.16 Mn |
| Jun 30, 2021 | 1.73 Mn |
| Mar 31, 2021 | 4.31 Mn |
| Dec 31, 2020 | 3.10 Mn |
| Sep 30, 2020 | 3.96 Mn |
| Jun 30, 2020 | 3.61 Mn |
| Mar 31, 2020 | 1.24 Mn |
| Dec 31, 2019 | 765,000.00 |
S&T Bancorp Mortgage Banking API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=mortgage-banking&ticker=STBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "ticker": "STBA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=mortgage-banking&ticker=STBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();