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SYBT

SYBT - Stock Yards Bancorp Inc Stock Price, Fair Value and News

48.11USD+2.42 (+5.30%)Market Closed

Market Summary

SYBT
USD48.11+2.42
Market Closed
5.30%

SYBT Stock Price

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SYBT RSI Chart

SYBT Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

13.1

Price/Sales (Trailing)

4.07

EV/EBITDA

3.47

Price/Free Cashflow

14.26

SYBT Price/Sales (Trailing)

SYBT Profitability

EBT Margin

39.78%

Return on Equity

12.56%

Return on Assets

1.32%

Free Cashflow Yield

7.01%

SYBT Fundamentals

SYBT Revenue

Revenue (TTM)

346.7M

Rev. Growth (Yr)

26.73%

Rev. Growth (Qtr)

7.1%

SYBT Earnings

Earnings (TTM)

107.7M

Earnings Growth (Yr)

-19.95%

Earnings Growth (Qtr)

-11.62%

Breaking Down SYBT Revenue

Last 7 days

6.3%

Last 30 days

0.8%

Last 90 days

-5.1%

Trailing 12 Months

-7.4%

How does SYBT drawdown profile look like?

SYBT Financial Health

SYBT Investor Care

Dividend Yield

2.45%

Dividend/Share (TTM)

1.18

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

3.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023281.1M305.1M326.6M346.7M
2022187.5M203.5M224.0M251.7M
2021150.5M157.1M167.9M177.1M
2020149.7M149.2M147.4M147.9M
2019135.2M140.2M145.1M147.9M
2018114.0M119.0M124.0M129.9M
2017104.1M106.0M108.2M110.9M
201695.0M97.2M99.9M102.2M
201590.3M91.3M91.9M93.2M
201487.2M88.0M88.4M89.1M
201385.9M85.9M86.4M86.5M
201286.6M86.4M86.4M86.9M
201186.5M86.6M86.2M86.0M
201084.4M85.0M85.6M86.1M
200900083.9M
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Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Stock Yards Bancorp Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 27, 2024
arvin shannon bishop
bought
9,192
45.96
200
-
Mar 25, 2024
hillebrand james a
acquired
636,361
44.89
14,176
chairman & ceo
Mar 25, 2024
stinnett thomas c
acquired
252,147
44.89
5,617
executive vice president
Mar 25, 2024
stinnett thomas c
sold (taxes)
-117,702
44.89
-2,622
executive vice president
Mar 25, 2024
dishman william
sold (taxes)
-93,954
44.89
-2,093
executive vice president
Mar 25, 2024
dishman william
acquired
197,022
44.89
4,389
executive vice president
Mar 25, 2024
croce michael
sold (taxes)
-79,410
44.89
-1,769
executive vice president
Mar 25, 2024
poindexter philip
acquired
359,973
44.89
8,019
president
Mar 25, 2024
hillebrand james a
sold (taxes)
-284,962
44.89
-6,348
chairman & ceo
Mar 25, 2024
rehm michael
sold (taxes)
-101,047
44.89
-2,251
executive vice president

1–10 of 50

Which funds bought or sold SYBT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-75.58
-147,000
45,000
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
171,166
722,405
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-5.92
-25,117
211,305
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
0.44
-20,733
431,102
-%
Apr 18, 2024
SJS Investment Consulting Inc.
added
100
46.00
98.00
-%
Apr 18, 2024
CHATHAM CAPITAL GROUP, INC.
added
11.57
83,564
1,480,850
0.27%
Apr 18, 2024
SeaCrest Wealth Management, LLC
added
2.07
-59.00
467,286
0.06%
Apr 18, 2024
Capital Advisors, Ltd. LLC
unchanged
-
-
-
-%
Apr 18, 2024
BARLOW WEALTH PARTNERS, INC.
unchanged
-
-472,993
2,752,750
0.38%
Apr 18, 2024
Diversified Trust Co
added
34.28
104,702
484,698
0.01%

1–10 of 49

Are Funds Buying or Selling SYBT?

Are funds buying SYBT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SYBT
No. of Funds

Unveiling Stock Yards Bancorp Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.09%
1,786,710
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
4.50%
1,318,549
SC 13G/A
Feb 12, 2024
neuberger berman group llc
4.50%
1,319,466
SC 13G/A
Jan 26, 2024
blackrock inc.
7.0%
2,047,093
SC 13G/A
Mar 01, 2023
wells darrell r
5.67%
1,659,860
SC 13D
Feb 14, 2023
kayne anderson rudnick investment management llc
5.25%
1,534,878
SC 13G/A
Feb 10, 2023
neuberger berman group llc
5.62%
1,645,416
SC 13G
Feb 09, 2023
vanguard group inc
6.21%
1,817,768
SC 13G/A
Feb 01, 2023
blackrock inc.
6.8%
1,977,501
SC 13G/A
Feb 11, 2022
kayne anderson rudnick investment management llc
6.79%
1,806,045
SC 13G

Recent SEC filings of Stock Yards Bancorp Inc

View All Filings
Date Filed Form Type Document
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 20, 2024
4
Insider Trading
Mar 20, 2024
4
Insider Trading
Mar 20, 2024
4
Insider Trading

Peers (Alternatives to Stock Yards Bancorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.1B
171.1B
-2.31% 36.49%
11.22
3.25
60.72% 31.52%
301.8B
130.3B
3.56% 28.93%
11.38
2.32
79.51% -3.68%
216.8B
85.7B
6.72% 47.09%
11.33
2.53
41.49% 39.96%
119.4B
133.3B
3.01% 27.78%
12.94
0.9
79.09% -
16.3B
10.2B
-0.51% 22.27%
10.13
1.6
44.53% -22.43%
13.9B
7.9B
-2.00% 32.35%
14.42
1.76
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.92% 23.45%
7.96
1.68
56.25% -23.46%
6.2B
3.9B
2.71% 47.68%
9.19
1.58
45.91% -25.03%
3.3B
1.3B
1.85% 41.72%
12.38
2.6
43.24% -22.35%
3.2B
2.0B
3.40% 20.85%
17.62
1.65
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.5M
164.9M
-1.69% 36.50%
35.44
2.51
42.66% -70.76%
380.2M
162.6M
-4.81% 4.19%
12.64
2.34
25.39% -38.37%
284.2M
96.6M
-3.52% 8.70%
8.97
2.94
11.02% -11.37%
47.3M
60.9M
-2.56% -9.83%
-14.14
0.78
24.06% -144.92%

Stock Yards Bancorp Inc News

Latest updates
Houston Chronicle 4 hours ago

Stock Yards Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.1%95.0089.0083.0079.0075.0067.0059.0050.0048.0047.0043.0040.0038.0036.0037.0037.0038.0038.0037.0035.0035.00
EBITDA Margin-8.1%1.17*1.28*1.38*1.49*1.49*1.55*1.57*1.45*1.57*1.54*1.47*1.54*---------
Interest Expenses1.1%62.0061.0061.0063.0065.0062.0057.0049.0046.0045.0042.0038.0036.0034.0034.0032.0033.0032.0031.0030.0030.00
Income Taxes-15.9%6.008.008.008.009.009.008.001.008.007.001.005.003.002.002.002.003.004.001.002.002.00
Earnings Before Taxes-12.6%30.0035.0036.0037.0039.0038.0034.009.0032.0030.005.0028.0020.0016.0016.0015.0020.0021.0018.0017.0017.00
EBT Margin-11.4%0.40*0.45*0.49*0.53*0.48*0.51*0.52*0.41*0.54*0.50*0.44*0.53*---------
Net Income-11.6%24.0027.0028.0029.0030.0029.0027.008.0025.0023.004.0023.0018.0015.0013.0013.0017.0017.0017.0016.0015.00
Net Income Margin-10.7%0.31*0.35*0.38*0.41*0.37*0.39*0.41*0.32*0.42*0.40*0.38*0.45*---------
Free Cashflow-7.7%28.0030.0032.008.0034.0048.006.003.0038.0014.0019.0027.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.4%8,1707,9037,7337,6687,4967,5547,5837,7776,6466,1816,0884,7944,6094,3654,3353,7853,7243,5343,4643,2813,303
    Cash Equivalents---------3.00---5.00--25515.001361161118.00
  Net PPE2.8%10198.0099.0010110299.0011910977.0077.0078.0057.0058.0057.0057.0057.0059.0062.0065.0046.0045.00
  Goodwill0%19419419419419420320320313613613713.0013.0013.0013.0013.0013.0013.0013.001.001.00
Liabilities3.0%7,3127,0976,9246,8736,7366,8236,8337,0165,9705,5185,4374,3514,1683,9373,9143,3753,3183,1383,0742,9032,936
Shareholder's Equity6.3%858807808794760731750761676664651443441429420410406396389378367
  Retained Earnings2.9%506492474454440421401385391375360363354342336328334324314304298
  Additional Paid-In Capital0.4%38638438338237837637537324324124047.0042.0041.0039.0038.0036.0035.0038.0040.0037.00
Shares Outstanding0.0%29.0029.0029.0029.0029.0029.0029.0027.0025.0026.0023.0023.00---------
Minority Interest------3.003.003.00-------------
Float---1,268---1,670---1,288---844---757--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-6.9%30,29632,52434,1219,76237,62549,35918,2383,52038,96815,95819,93927,23539,3449,10115,98312,69718,78217,75510,84411,05517,609
  Share Based Compensation20.6%1,2451,0321,0351,1521,1091,2371,0579911,1371,1651,4148496268439768178468769938631,104
Cashflow From Investing35.3%-106,662-164,893-135,157-17,337-139,391-199,617-10,080-35,337-90,708-56,171275,652-207,647-225,29943,663-569,349-53,733-84,160-43,32413,650-49,339109,452
Cashflow From Financing34.4%149,288111,076-1,632157,206-60,788-93,690-185,980-177,684427,99184,961-88,379195,448212,89713,845523,24945,823178,88845,744-19,795-49,315-48,602
  Dividend Payments0.0%8,7718,7688,4758,5618,4568,4518,1078,2877,4217,4167,1886,1736,1016,1056,1566,1196,0735,8485,8895,7325,662
  Buy Backs-------------2,265---1,7825,4993,6651,7432,004

SYBT Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Loans, including fees$ 302,044,000$ 216,138,000$ 164,073,000
Federal funds sold and interest bearing due from banks8,411,0006,018,000645,000
Mortgage loans held for sale211,000190,000249,000
Federal Home Loan Bank stock1,560,000505,000262,000
Investment securities:   
Taxable32,706,00027,302,00011,575,000
Tax-exempt1,764,0001,499,000272,000
Total interest income346,696,000251,652,000177,076,000
Interest expense:   
Deposits81,585,00016,412,0005,627,000
Securities sold under agreements to repurchase2,087,000567,00024,000
Federal funds purchased and other short-term borrowing689,000154,00014,000
Federal Home Loan Bank advances12,768,00012,000337,000
Subordinated debentures2,235,0001,124,0000
Total interest expense99,364,00018,269,0006,002,000
Net interest income247,332,000233,383,000171,074,000
Provision for credit losses13,796,00010,257,000(753,000)
Net interest income after provision expense233,536,000223,126,000171,827,000
Non-interest income:   
Mortgage banking income[1]3,705,0003,210,0004,724,000
Loss on sale of securities AFS debt securities(44,000)[1]00
Bank owned life insurance[1]2,253,0001,597,000914,000
Gain (loss) on sale of premises and equipment[1](30,000)4,341,000(78,000)
Total non-interest income92,220,00089,149,00065,850,000
Non-interest expenses:   
Compensation91,876,00086,640,00063,034,000
Employee benefits18,451,00016,568,00013,479,000
Net occupancy and equipment16,384,00014,298,0009,688,000
Technology and communication17,318,00014,897,00011,145,000
Debit and credit card processing6,481,0005,909,0004,494,000
Marketing and business development5,990,0005,005,0004,150,000
Postage, printing and supplies3,604,0003,354,0002,213,000
Legal and professional3,958,0002,943,0002,583,000
FDIC insurance3,911,0002,758,0001,847,000
Amortization of investments in tax credit partnerships1,294,000353,000367,000
Capital and deposit based taxes2,476,0002,621,0002,090,000
Merger expenses019,500,00019,025,000
Federal Home Loans Bank early termination penalty00474,000
Intangible amortization4,686,0005,544,000770,000
Loss on disposition of LFA0870,0000
Other11,400,00010,531,0006,921,000
Total non-interest expenses187,829,000191,791,000142,280,000
Income before income tax expense137,927,000120,484,00095,397,000
Income tax expense30,179,00027,190,00020,752,000
Net income107,748,00093,294,00074,645,000
Less net income attributed to non-controlling interest0322,0000
Net income available to stockholders$ 107,748,000$ 92,972,000$ 74,645,000
Net income per share - basic (in dollars per share)$ 3.69$ 3.24$ 3
Net income per share - diluted (in dollars per share)$ 3.67$ 3.21$ 2.97
Weighted average outstanding shares:   
Basic (in shares)29,21228,67224,898
Diluted (in shares)29,34328,92225,156
Fiduciary and Trust [Member]   
Non-interest income:   
Non-interest income$ 39,802,000$ 36,111,000$ 27,613,000
Deposit Account [Member]   
Non-interest income:   
Non-interest income8,866,0008,286,0005,852,000
Credit and Debit Card [Member]   
Non-interest income:   
Non-interest income19,438,00018,623,00013,456,000
Treasury Management [Member]   
Non-interest income:   
Non-interest income10,033,0008,590,0006,912,000
Investment Advisory, Management and Administrative Service [Member]   
Non-interest income:   
Non-interest income3,205,0003,063,0002,553,000
Product and Service, Other [Member]   
Non-interest income:   
Non-interest income$ 4,992,000$ 5,328,000$ 3,904,000
[1]Outside of the scope of ASC 606.

SYBT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 94,466$ 82,515
Federal funds sold and interest bearing due from banks171,49384,852
Total cash and cash equivalents265,959167,367
Mortgage loans held for sale, at fair value6,0562,606
Available for sale debt securities (amortized cost of $1,154,153 in 2023 and $1,297,977 in 2022, respectively)1,031,1791,144,617
Held to maturity debt securities (fair value of $408,519 in 2023 and $431,833 in 2022, respectively)439,837473,217
Federal Home Loan Bank stock, at cost16,23610,928
Loans[1]5,771,0385,205,918
Allowance for credit losses on loans(79,374)(73,531)
Net loans5,691,6645,132,387
Premises and equipment, net101,174101,612
Premises held for sale2,5022,644
Bank owned life insurance86,92784,674
Accrued interest receivable26,83022,157
Goodwill194,074194,074
Other assets287,360134,988
Total assets8,170,1027,496,261
Liabilities  
Non-interest bearing1,548,6241,950,198
Interest bearing5,122,1244,441,054
Total deposits6,670,7486,391,252
Securities sold under agreements to repurchase152,991133,342
Federal funds purchased12,8528,789
Subordinated debentures26,74026,343
Federal Home Loan Bank advances200,00050,000
Accrued interest payable2,094660
Other liabilities246,574125,443
Total liabilities7,311,9996,735,829
Commitments and contingent liabilities (Footnote 21)
Stockholders’ equity  
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding00
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,329,000 and 29,259,000 shares in 2023 and 2022, respectively58,60258,367
Additional paid-in capital385,955377,703
Retained earnings506,344439,898
Accumulated other comprehensive loss(92,798)(115,536)
Total stockholders’ equity858,103760,432
Total liabilities and equity8,170,1027,496,261
Core Deposits [Member]  
Assets  
Intangible11,94414,958
Customer Lists [Member]  
Assets  
Intangible$ 8,360$ 10,032
[1]Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.
SYBT
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. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers mortgage banking and deposit services; retail, commercial, and commercial real estate lending services; and online banking, mobile banking, private banking, leasing, treasury management, merchant, international banking, correspondent banking, and other banking services. This segment also provides securities brokerage services through an arrangement with a third party broker-dealer. The WM&T segment provides investment management, financial and retirement planning, and trust and estate services, as well as retirement plan management for businesses and corporations. It provides services in Louisville, central, eastern, and northern Kentucky, as well as Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets. The company was founded in 1904 and is headquartered in Louisville, Kentucky.
 CEO
 WEBSITEsyb.com
 INDUSTRYBanks Diversified
 EMPLOYEES1064

Stock Yards Bancorp Inc Frequently Asked Questions


What is the ticker symbol for Stock Yards Bancorp Inc? What does SYBT stand for in stocks?

SYBT is the stock ticker symbol of Stock Yards Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Stock Yards Bancorp Inc (SYBT)?

As of Tue Apr 23 2024, market cap of Stock Yards Bancorp Inc is 1.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SYBT stock?

You can check SYBT's fair value in chart for subscribers.

What is the fair value of SYBT stock?

You can check SYBT's fair value in chart for subscribers. The fair value of Stock Yards Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Stock Yards Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SYBT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Stock Yards Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether SYBT is over valued or under valued. Whether Stock Yards Bancorp Inc is cheap or expensive depends on the assumptions which impact Stock Yards Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SYBT.

What is Stock Yards Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, SYBT's PE ratio (Price to Earnings) is 12.44 and Price to Sales (PS) ratio is 3.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SYBT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Stock Yards Bancorp Inc's stock?

In the past 10 years, Stock Yards Bancorp Inc has provided 0.112 (multiply by 100 for percentage) rate of return.