STBA vs NBTB

For growth investors, NBT Bancorp Inc.

(NBTB) is the stronger pick with 10. 4% revenue growth year-over-year, versus 0. 6% for S&T Bancorp, Inc. (STBA). S&T Bancorp, Inc. (STBA) offers the better valuation at 12. 8x trailing P/E (12. 0x forward), making it the more compelling value choice. Analysts rate S&T Bancorp, Inc. (STBA) a "Hold" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, S&T Bancorp, Inc.

(STBA) is the cheapest at 12. 8x versus NBT Bancorp Inc. at 13. 5x. On forward P/E, NBT Bancorp Inc. is actually cheaper at 10. 8x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: S&T Bancorp, Inc. wins at 0. 26x versus NBT Bancorp Inc. 's 1. 53x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, S&T Bancorp, Inc.

(STBA) delivered a total return of +48. 8%, compared to +29. 9% for NBT Bancorp Inc. (NBTB). Over 10 years, the gap is even starker: STBA returned +126. 7% versus NBTB's +102. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), S&T Bancorp, Inc.

(STBA) is the lower-risk stock at 0. 84β versus NBT Bancorp Inc. 's 0. 89β — meaning NBTB is approximately 6% more volatile than STBA relative to the S&P 500. On balance sheet safety, NBT Bancorp Inc. (NBTB) carries a lower debt/equity ratio of 17% versus 21% for S&T Bancorp, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), NBT Bancorp Inc.

(NBTB) is pulling ahead at 10. 4% versus 0. 6% for S&T Bancorp, Inc. (STBA). On earnings-per-share growth, the picture is similar: NBT Bancorp Inc. grew EPS 12. 5% year-over-year, compared to 2. 6% for S&T Bancorp, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

S&T Bancorp, Inc.

(STBA) is the more profitable company, earning 23. 6% net margin versus 19. 5% for NBT Bancorp Inc. — meaning it keeps 23. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: STBA leads at 29. 5% versus 25. 3% for NBTB. At the gross margin level — before operating expenses — NBTB leads at 72. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, S&T Bancorp, Inc. (STBA) is the more undervalued stock at a PEG of 0. 26x versus NBT Bancorp Inc. 's 1. 53x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, NBT Bancorp Inc. (NBTB) trades at 10. 8x forward P/E versus 12. 0x for S&T Bancorp, Inc. — 1. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NBTB: 2. 1% to $46. 00.

All stocks in this comparison pay dividends.

NBT Bancorp Inc. (NBTB) offers the highest yield at 3. 2%, versus 3. 1% for S&T Bancorp, Inc. (STBA).

For long-horizon retirement investors, S&T Bancorp, Inc.

(STBA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 84), 3. 1% yield, +126. 7% 10Y return). Both have compounded well over 10 years (STBA: +126. 7%, NBTB: +102. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.