S&T Bank Achieves Recognition from Forbes
In a remarkable achievement, S&T Bank has once again been named to Forbes' prestigious list of America's Best Banks for 2025. This marks the second consecutive year the bank has received such an accolade, a testament to its exceptional performance and commitment to its customers and stakeholders.
About S&T Bank
S&T Bank, a wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ: STBA), is based in Indiana, Pennsylvania, and boasts a robust operating history dating back to 1902. With total assets of approximately $9.7 billion, S&T Bank holds a significant presence in both Pennsylvania and Ohio, focusing on delivering high-quality financial services.
The bank's ranking by Forbes is based on the examination of various metrics that assess growth, credit quality, and profitability. For the evaluation period ending September 30, 2024, ten key factors were analyzed. Additionally, the bank's stock performance from the previous year (up to January 10, 2025) was taken into account.
Chris McComish, the CEO of S&T Bank, expressed pride in the recognition, stating, "We are incredibly proud to again be recognized among the top performing banks in the country by Forbes. By remaining focused on S&T's people-forward purpose, our team was able to achieve great results for all of our stakeholders in 2024, and that performance is driving growth and supporting further optimism in 2025."
How S&T Bank Stands Out
Forbes evaluates the 200 largest publicly traded banks and thrifts to identify the top 100, making this recognition a coveted honor. S&T Bank secured the 46th position and was the highest-ranked bank located in Pennsylvania to appear on this year's list. This significant achievement not only showcases the bank's dedication to excellence but also highlights its vital role in the local economy.
As S&T Bank moves forward into 2025, it remains committed to enhancing its services and fostering deeper relationships with its customers, ensuring that its core mission of prioritizing people continues to guide its operations.
To stay engaged with the community and keep up-to-date with the latest developments, you can follow S&T Bank on various social media platforms, including Facebook, Instagram, and LinkedIn.
For those interested in learning more about S&T Bank and its offerings, further information is available on their official websites:
stbancorp.com and
stbank.com.
With a strong foundation and a clear vision for the future, S&T Bank is poised for continued success, marking significant milestones in the banking sector. This recognition by Forbes serves as motivation for the bank to maintain its momentum and further enhance its reputation as a trusted financial institution.