Stock Yards Bancorp, Inc.SYBT

NasdaqFinanceState Commercial Banks
Price (close)
$78.06
Market cap
$2.4B
P/E
16.2x
Revenue (TTM)
$423.5M
Net income
$149.5M
Dividend yield
1.65%
1-year total return
12.0%
Net margin
35.3%
Revenue growth
13.0%
Debt / equity
0.02x

What Stock Yards Bancorp, Inc. does.

Stock Yards Bancorp, Inc. (“Bancorp” or “the Company”), is a FHC headquartered in Louisville, Kentucky and is engaged in the business of banking through its wholly owned subsidiary, Stock Yards Bank & Trust Company (“SYB” or “the Bank”). Bancorp, which was incorporated in 1988 in Kentucky, is registered with, and subject to supervision, regulation and examination by, the Board of Governors of the Federal Reserve System. As Bancorp has no significant operations of its own, its business and the business of SYB are essentially the same. The operations of SYB are fully reflected in the consolidated financial statements of Bancorp. Accordingly, references to “Bancorp” in this document may encompass both the holding company and the Bank. All significant inter-company transactions and accounts have been eliminated in consolidation.

SYB, established in 1904, is a state-chartered non-member financial institution that provides services in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets through 75 full service banking center locations. The Bank is registered with, and subject to supervision, regulation and examination by the FDIC and the Kentucky Department of Financial Institutions.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$23.4M$236.9M$322.5M$339.6M$352.3M$397.3M
Net income$58.9M$74.6M$93.0M$107.7M$114.5M$140.2M
Free cash flow$71.7M$97.5M$90.3M$99.0M$133.0M$154.0M

More on SYBT.

Figures from Stock Yards Bancorp, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.