Stock Yards Bancorp, Inc operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.
infoStock Yards Bancorp is a small cap stock with a total market cap of 1.32B.
infoThey trade on the NASDAQ and had their IPO 30 years and 4 months ago.
infoStock Yards Bancorp currently employs 1064 people.
infoAs of Wednesday, Aug 23 2023, Stock Yards Bancorp’s share price is $44.88.
News Relating to Stock Yards Bancorp
Zacks Investment Research
Stock Yards (SYBT) Increases Quarterly Dividend by 3.4%
Thursday Aug 17 2023 at 14:02
Stock Yards (SYBT) announces a 3.4% hike in its quarterly dividend. Regular dividend hikes, along with share repurchases, are likely to enhance shareholder value.
Zacks Investment Research
Here’s What Key Metrics Tell Us About Stock Yards (SYBT) Q2 Earnings
Monday Jul 31 2023 at 11:08
The headline numbers for Stock Yards (SYBT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q2 Earnings and Revenues Lag Estimates
Wednesday Jul 26 2023 at 10:10
Stock Yards Bancorp (SYBT) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.91 per share a year ago.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Up 6% on Extended Buyback Program
Thursday May 18 2023 at 14:34
Stock Yards Bancorp (SYBT) announces the extension of its stock repurchase plan to May 22, 2025, having 741,000 shares remaining as on date. It also announces quarterly dividend of 29 cents per share.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q4 Earnings and Revenues Top Estimates
Wednesday Jan 25 2023 at 10:32
Stock Yards (SYBT) delivered earnings and revenue surprises of 3.09% and 3.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Down -10.63% in 4 Weeks, Here’s Why You Should You Buy the Dip in Stock Yards (SYBT)
Wednesday Jan 04 2023 at 11:17
Stock Yards (SYBT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Zacks Investment Research
Best Momentum Stocks to Buy for October 6th
Thursday Oct 06 2022 at 11:17
LPL, SYBT and PUBM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 6, 2022.
Zacks Investment Research
What Makes Stock Yards (SYBT) a New Buy Stock
Tuesday Sep 27 2022 at 13:32
Stock Yards (SYBT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Hikes Dividend by 3.6%: Worth a Look?
Thursday Aug 18 2022 at 10:33
Stock Yards Bancorp (SYBT) announces a 3.6% increase in quarterly cash dividend. The new dividend of 29 cents per share will be paid out on Oct 3, 2022.
Zacks Investment Research
Stock Yards (SYBT) Completes Commonwealth Bancshares Acquisition
Wednesday Mar 09 2022 at 12:02
Stock Yards Bancorp’s (SYBT) acquisition of Commonwealth Bancshares is set to expand the former’s wealth management capabilities and presence in the Shelby County and Northern Kentucky markets.
GuruFocus
3 Reliable Regional Banks Announce Dividends
Wednesday Feb 16 2022 at 15:03
Muncy Bank Financial Inc. ( MYBF , Financial), Evans Bancorp Inc. ( EVBN , Financial) and Stock Yards Bancorp Inc. ( SYBT , Financial) all recently announced their next dividends.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q4 Earnings and Revenues Beat Estimates
Wednesday Jan 26 2022 at 09:59
Stock Yards (SYBT) delivered earnings and revenue surprises of 15% and 2.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Stock Yards Bancorp (SYBT) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Wednesday Jan 19 2022 at 16:09
Stock Yards (SYBT) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
GlobeNewsWire
Stock Yards Bancorp to Participate in the Stephens 2021 Bank Forum
Wednesday Sep 15 2021 at 07:30
LOUISVILLE, Ky., Sept. 15, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that Phil Poindexter, President, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in the Stephens 2021 Bank Forum to be held September 22, 2021, and will participate in a series of virtual meetings with institutional investors.
GlobeNewsWire
Stock Yards Bancorp To Participate In The Raymond James 2021 Virtual U.S. Bank Conference
Friday Sep 03 2021 at 07:30
LOUISVILLE, Ky., Sept. 03, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in the Raymond James 2021 Virtual U.S. Bank Conference to be held virtually September 8 – 9, 2021, and will participate in a series of virtual meetings with institutional investors on September 8th.
Seeking Alpha
Dividend Increases: August 14-20, 2021
Tuesday Aug 24 2021 at 09:37
This weekly article series provides a summary of dividend changes. A summary table presents relevant data and key statistics of dividend increases.
GlobeNewsWire
Stock Yards Bancorp Increases Quarterly Cash Dividend to $0.28 Per Common Share
Wednesday Aug 18 2021 at 07:30
LOUISVILLE, Ky., Aug. 18, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.28 per common share. The dividend will be paid on October 1, 2021, to stockholders of record as of September 20, 2021.
GlobeNewsWire
Stock Yards Bancorp, Inc. and Commonwealth Bancshares, Inc. to Merge
Tuesday Aug 03 2021 at 07:30
Stock Yards Creates Kentucky’s Premier Community Banking Franchise and Adds Significant Wealth and Trust Assets Stock Yards Creates Kentucky’s Premier Community Banking Franchise and Adds Significant Wealth and Trust Assets
GlobeNewsWire
Stock Yards Bancorp to Participate in the KBW Virtual Community Bank Investor Conference
Monday Aug 02 2021 at 09:46
LOUISVILLE, Ky., Aug. 02, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Cincinnati and Indianapolis metropolitan markets, today announced that James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in the Keefe, Bruyette & Woods’ Virtual Community Bank Investor Conference to be held August 3rd to 5th, and will participate in a series of one-on-one meetings with institutional investors on August 4th. Management’s discussion materials used at this conference will be posted to the investor relations section of the Company’s website, http://www.syb.com, by August 4th.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q2 Earnings and Revenues Surpass Estimates
Wednesday Jul 28 2021 at 10:39
Stock Yards (SYBT) delivered earnings and revenue surprises of 13.64% and 3.56%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.27 Per Common Share; Extends Stock Repurchase Plan
Tuesday May 18 2021 at 17:00
LOUISVILLE, Ky., May 18, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on July 1, 2021, to stockholders of record as of June 21, 2021.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q1 Earnings and Revenues Surpass Estimates
Wednesday Apr 21 2021 at 09:46
Stock Yards (SYBT) delivered earnings and revenue surprises of 32.00% and 1.51%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Stock Yards Bancorp Reports Record First Quarter Earnings of $22.7 Million or $0.99 per Diluted Share
Wednesday Apr 21 2021 at 07:30
Quarter Highlighted by Agreement to Acquire Kentucky Bancshares Quarter Highlighted by Agreement to Acquire Kentucky Bancshares
GlobeNewsWire
Stock Yards Bancorp to Participate in a Series of Investor Meetings
Thursday Mar 11 2021 at 10:00
LOUISVILLE, Ky. , March 11, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that James A. (Ja) Hillebrand, Chief Executive Officer, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in a series of virtual meetings with institutional investors on March 18, 2021, hosted by Raymond James.
GlobeNewsWire
Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.27 per Common Share
Wednesday Feb 17 2021 at 09:30
LOUISVILLE, Ky., Feb. 17, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on April 1, 2021, to stockholders of record as of March 12, 2021.
GlobeNewsWire
Stock Yards Bancorp to Participate in the KBW Virtual Winter Financial Services Symposium
Wednesday Feb 03 2021 at 11:00
LOUISVILLE, Ky., Feb. 03, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in the Keefe, Bruyette & Woods’ Virtual Winter Financial Services Symposium to be held February 10th and 11th, and will participate in a series of one-on-one meetings with institutional investors. Management’s discussion materials used at this conference will be posted to the investor relations section of the Company’s website, http://www.syb.com, by February 10th.
Zacks Investment Research
Stock Yards Bancorp (SYBT) Q4 Earnings and Revenues Top Estimates
Wednesday Jan 27 2021 at 09:02
Stock Yards (SYBT) delivered earnings and revenue surprises of 25.81% and 6.96%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Stock Yards Bancorp, Inc. And Kentucky Bancshares, Inc. To Merge
Wednesday Jan 27 2021 at 07:30
Stock Yards to Expand Its Footprint Into Central Kentucky Stock Yards to Expand Its Footprint Into Central Kentucky
GlobeNewsWire
Stock Yards Bancorp Reports Record Fourth Quarter Earnings of $17.7 Million or $0.78 Per Diluted Share
Wednesday Jan 27 2021 at 07:00
Highlighted by Record Loan Growth Highlighted by Record Loan Growth
GlobeNewsWire
Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.27 Per Common Share
Wednesday Nov 18 2020 at 07:00
LOUISVILLE, Ky., Nov. 18, 2020 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on December 31, 2020, to stockholders of record as of December 21, 2020.
Stock Yards Bancorp Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Stock Yards Bancorp’s Altman Z-score is 0.68 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Stock Yards Bancorp Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has bought $19.96K of common stock in Stock Yards Bancorp on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Stock Yards Bancorp’s Income Quality of 1.34 is in line with its Industry Group of 1.3 (3.1% greater)
Stock Yards Bancorp’s Income Quality of 1.34 is in line with its Major Industry Group of 1.32 (1.5% greater)
Stock Yards Bancorp’s Income Quality of 1.34 is greater than its Sector of 0.58 (131.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Stock Yards Bancorp’s Current Ratio of 25.04 is greater than its Industry Group of 8.8 (184.5% greater)
Stock Yards Bancorp’s Current Ratio of 25.04 is greater than its Major Industry Group of 9.67 (158.9% greater)
Stock Yards Bancorp’s Current Ratio of 25.04 is greater than its Sector of 1.3 (1826.2% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Stock Yards Bancorp’s PE Ratio of 11.45 is greater than its Industry Group of 7.82 (46.4% greater)
Stock Yards Bancorp’s PE Ratio of 11.45 is greater than its Major Industry Group of 8.01 (42.9% greater)
Stock Yards Bancorp’s PE Ratio of 11.45 is greater than its Sector of 7.86 (45.7% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Stock Yards Bancorp’s PB Ratio of 1.65 is greater than its Industry Group of 0.58 (184.5% greater)
Stock Yards Bancorp’s PB Ratio of 1.65 is greater than its Major Industry Group of 0.36 (358.3% greater)
Stock Yards Bancorp’s PB Ratio of 1.65 is greater than its Sector of 0.72 (129.2% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Stock Yards Bancorp’s ROE of 0.14 is greater than its Industry Group of 0.08 (75.0% greater)
Stock Yards Bancorp’s ROE of 0.14 is greater than its Major Industry Group of 0.02 (600.0% greater)
Stock Yards Bancorp’s ROE of 0.14 is greater than its Sector of 0.04 (250.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Stock Yards Bancorp’s ROCE of 0.03 is greater than its Industry Group of 0.02 (50.0% greater)
Stock Yards Bancorp’s ROCE of 0.03 is greater than its Major Industry Group of 0.02 (50.0% greater)
Stock Yards Bancorp’s ROCE of 0.03 is greater than its Sector of 0.02 (50.0% greater)
Derived from SEC.GOV filing dataopen_in_new