S&T Bancorp Inc., the holding company for S&T Bank, has been included in the Forbes list of America’s Best Banks.

The annual ranking, which was recently published on the Forbes website, is based on metrics measuring growth, credit quality, and profitability, as well as stock performance.

“We are thrilled to be on the Forbes list of America’s Best Banks, as it reects S&T’s financial strength and overall performance,” said CEO Chris McComish. “I am incredibly proud of the excellent progress our team has made in achieving our performance goals to ensure that we remain a stable, long-term partner for our customers, communities, and investors. Our people-forward approach to banking means that we prioritize doing the right thing for all our stakeholders.”

To determine America’s Best Banks, Forbes analyzed 10 financial metrics for the 2023 calendar year, as well as stock performance in the 12 months through Mar. 18, 2024.

The 10 equally weighted financial metrics are net interest margin, return on average tangible common equity, return on average assets, common equity tier one ratio, efficiency ratio, nonperforming assets as a percentage of total assets, reserves as a percentage of total assets, risk-based capital ratio, operating revenue growth, and net charge-offs as a percentage of total loans.

The 200 largest publicly traded banks and thrifts by assets were eligible for the list, and Forbes ranked the top 100. S&T was ranked as number 39 on the list.

Learn more at S&T Bank. S&T Bank was established in 1902 and operates in Pennsylvania and Ohio.