S&T Bancorp (STBA) Mortgage Banking (2010 - 2024)
S&T Bancorp's (STBA) quarterly Mortgage Banking came in at $355000.0 in Q3 2024, up 20.75% on a YoY basis from $294000.0 in Q4 2023, and up 39.76% quarter-over-quarter from $254000.0 in Q2 2024.
Analysis
S&T Bancorp (STBA) Mortgage Banking (2010 - 2024) Analysis & Trends
S&T Bancorp (STBA) has reported Mortgage Banking for 15 consecutive years, with $355000.0 the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Mortgage Banking rose 20.75% year-over-year to $355000.0; the trailing twelve-month figure through Sep 2024 stood at $1.2 million (down 2.26% YoY), and the FY2023 full-year result was $1.2 million, down 47.45% from the prior year.
- Mortgage Banking advanced to $355000.0 in Q3 2024 per STBA's latest filing, from $254000.0 in the prior quarter.
- Across five years, Mortgage Banking topped out at $4.3 million in Q1 2021 and bottomed at $254000.0 in Q2 2024.
- Historically, Mortgage Banking has averaged $1.4 million across 5 years, with a median of $466000.0 in 2022.
- The sharpest annual moves came in 2020 and 2022: Mortgage Banking jumped 567.34% in 2020, then tumbled 80.34% in 2022.
- Over 5 years, Mortgage Banking stood at $3.1 million in 2020, then sank by 50.71% to $1.5 million in 2021, then tumbled by 79.78% to $309000.0 in 2022, then declined by 9.39% to $280000.0 in 2023, then grew by 26.79% to $355000.0 in 2024.
- According to Business Quant data, Mortgage Banking over the past three periods registered $355000.0, $254000.0, and $277000.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | S&T Bancorp | 1.77 Bn | 538.67 Mn | 2.82 Mn |
Historic Data
Download Data
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 |