Stock Yards Bancorp, Inc. SYBT
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.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $467.6M | $412.9M | $346.7M | $251.7M | $177.1M | $147.9M | $147.9M | $21.5M | $20.5M | $23.8M |
| Interest expense | $300.3M | $257.0M | $247.3M | $233.4M | $6.0M | $11.9M | $22.5M | $15.4M | $7.2M | $4.9M |
| Pre-tax income | $178.2M | $144.4M | $137.9M | $120.5M | $95.4M | $67.7M | $75.7M | $67.5M | $55.2M | $56.3M |
| Income tax | $38.0M | $29.8M | $30.2M | $27.2M | $20.8M | $8.9M | $9.6M | $12.0M | $17.1M | $15.2M |
| Net income | $140.2M | $114.5M | $107.7M | $93.3M | $74.6M | $58.9M | — | — | — | — |
| EPS, basic | 4.77 | 3.91 | 3.69 | 3.24 | 3.00 | 2.61 | 2.92 | 2.45 | 1.69 | 1.84 |
| EPS, diluted | 4.75 | 3.89 | 3.67 | 3.21 | 2.97 | 2.59 | 2.89 | 2.42 | 1.66 | 1.80 |
| Shares, diluted (wtd. avg.) | 29.5M | 29.4M | 29.3M | 28.9M | 25.2M | 22.8M | 22.9M | 22.9M | 23.0M | 22.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $70.1M | $78.9M | $94.5M | $82.5M | $62.3M | $43.2M | $46.9M | $198.9M | $139.2M | $48.0M |
| Property, plant and equipment | $118.7M | $112.7M | $101.2M | $101.6M | $76.9M | $58.0M | $58.6M | $44.8M | $41.7M | $42.4M |
| Goodwill | $194.1M | $194.1M | $194.1M | $194.1M | $135.8M | $12.5M | $12.5M | $682.0K | $682.0K | $682.0K |
| Other intangibles | — | — | — | — | $5.6M | $2.0M | $2.3M | $1.1M | — | — |
| Total assets | $9.54B | $8.86B | $8.17B | $7.50B | $6.65B | $4.61B | $3.72B | $3.30B | $3.24B | $3.04B |
| Long-term debt | $26.8M | $26.8M | $26.7M | $26.3M | — | — | — | — | — | — |
| Total liabilities | $8.46B | $7.92B | $7.31B | $6.74B | $5.97B | $4.17B | $3.32B | $2.94B | $2.91B | $2.73B |
| Retained earnings | $675.1M | $577.6M | $506.3M | $439.9M | $391.2M | $353.6M | $333.7M | $298.2M | $267.2M | $252.4M |
| Total equity | $1.08B | $940.5M | $858.1M | $760.4M | $675.9M | $440.7M | $406.3M | $366.5M | $333.6M | $313.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $166.0M | $142.9M | $106.7M | $108.7M | $102.1M | $77.1M | $58.4M | $65.9M | $53.7M | $63.3M |
| Depreciation and amortisation | $7.8M | $13.4M | $21.9M | $20.7M | $11.3M | $9.7M | $4.9M | $5.8M | $13.6M | $11.1M |
| Stock-based compensation | $4.4M | $3.8M | $4.5M | $4.4M | $4.6M | $3.3M | $3.6M | $4.0M | $2.9M | $2.5M |
| Capital expenditure | $12.0M | $9.8M | $7.7M | $18.4M | $4.6M | $5.5M | $5.1M | $7.1M | $2.8M | $6.3M |
| Investing cash flow | -$106.5M | -$677.1M | -$424.0M | -$384.4M | -$78.9M | -$804.7M | -$163.2M | -$11.6M | -$114.7M | -$289.6M |
| Financing cash flow | $535.8M | $559.2M | $415.9M | -$518.1M | $620.0M | $795.8M | $155.5M | $5.4M | $152.3M | $170.4M |
| Dividends paid | $37.1M | $35.8M | $34.6M | $33.3M | $28.2M | $24.5M | $23.5M | $21.8M | $18.1M | $16.1M |
| Buybacks | $2.1M | $4.2M | $2.7M | $4.8M | $3.8M | $2.3M | $11.8M | $2.0M | $2.4M | $1.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-005830.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.8M | $20.5M | $21.5M | $147.9M | $147.9M | $177.1M | $251.7M | $346.7M | $412.9M | $467.6M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | — | — | — | — | $58.9M | $74.6M | $93.3M | $107.7M | $114.5M | $140.2M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $98.57B | 19.6x | 7.8% |
| FITB | FIFTH THIRD BANCORP | $48.05B | 15.0x | -5.0% |
| STT | STATE STREET CORP | $46.10B | 17.9x | 7.3% |
| MTB | M&T BANK CORP | $32.01B | 13.0x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $30.72B | 19.2x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $27.44B | 16.9x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $27.41B | 14.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.97B | 13.8x | 2.4% |