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Stock Yards Bancorp, Inc. reports developments tied to its role as the bank holding company for Stock Yards Bank & Trust Company. The company provides commercial banking and Wealth Management & Trust services across Kentucky markets and the Indianapolis and Cincinnati metropolitan areas, with news commonly focused on loan and deposit growth, net interest income, credit quality, mortgage and commercial lending activity, and wealth management results.
Recurring updates also include quarterly cash dividends, executive and board succession, market-level leadership appointments, annual meeting matters, and capital-structure or governance disclosures. Completed bank acquisition activity adds to the company's public-company record through integration, board representation, and expanded banking and trust operations.
Stock Yards Bancorp (NASDAQ: SYBT) has announced a quarterly cash dividend of $0.31 per common share, payable on July 1, 2025, to stockholders of record as of June 16, 2025. The company, headquartered in Louisville, Kentucky, operates through its subsidiary Stock Yards Bank & Trust Company, which was established in 1904. With $9.00 billion in assets, Stock Yards Bancorp serves the Louisville, central, eastern and northern Kentucky markets, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan areas.
Stock Yards Bancorp (NASDAQ: SYBT) reported record first quarter earnings of $33.3 million, or $1.13 per diluted share, for Q1 2025, compared to $25.9 million ($0.88/share) in Q1 2024.
Key highlights include:
- Total loans increased $797 million (14%) over 12 months, with $126 million growth in Q1
- Net interest income rose 17% to $70.6 million
- Net interest margin expanded to 3.46%
- Deposits grew $685 million (10%) year-over-year
- Assets under management contracted $692 million (9%)
The company maintained strong credit quality metrics and improved efficiency ratio to 54.50%. Total assets reached $9.00 billion, with $6.65 billion in loans and $7.29 billion in deposits. The company expects growth to moderate due to marketplace uncertainty regarding possible tariffs and global economic conditions.
Stock Yards Bancorp (NASDAQ: SYBT) has announced a quarterly cash dividend of $0.31 per common share, payable on April 1, 2025, to stockholders of record as of March 17, 2025. The company, with $8.86 billion in assets, operates through its subsidiary Stock Yards Bank & Trust Company, serving markets in Louisville, central, eastern and northern Kentucky, Indianapolis, Indiana, and Cincinnati, Ohio metropolitan areas.
Stock Yards Bancorp (NASDAQ: SYBT) has announced its participation in the Keefe, Bruyette & Woods' Winter Financial Services Conference, scheduled for February 12th to 14th, 2025. Key executives, including Chairman and CEO Ja Hillebrand, President Phil Poindexter, and EVP/CFO T. Clay Stinnett, will engage in one-on-one meetings with institutional investors.
The company will make management's discussion materials available on their investor website (www.syb.com) by February 12th, 2025. Stock Yards Bancorp, headquartered in Louisville, Kentucky, operates with $8.86 billion in assets and serves markets in Louisville, central, eastern and northern Kentucky, as well as Indianapolis, Indiana and Cincinnati, Ohio metropolitan areas through its subsidiary Stock Yards Bank & Trust Company, which was established in 1904.
Stock Yards Bancorp (NASDAQ: SYBT) has announced its participation in the upcoming Janney Annual CEO Forum on January 29th and 30th, 2025. Chairman and CEO Ja Hillebrand and EVP/CFO T. Clay Stinnett will engage in meetings with institutional investors during the event.
The company, which manages $8.86 billion in assets, will make management's discussion materials available on their investor website (www.syb.com) by January 29th, 2025. Stock Yards Bancorp operates through its subsidiary Stock Yards Bank & Trust Company, established in 1904, serving markets in Louisville, central, eastern and northern Kentucky, as well as Indianapolis, Indiana and Cincinnati, Ohio metropolitan areas.
Stock Yards Bancorp (NASDAQ: SYBT) reported record earnings of $31.7 million ($1.07 per diluted share) for Q4 2024, compared to $23.9 million ($0.82 per diluted share) in Q4 2023. Full-year 2024 net income reached $114.5 million ($3.89 per share) versus $107.7 million ($3.67 per share) in 2023.
Key highlights include:
- Total loans increased $749 million (13%) year-over-year, with record $242 million growth in Q4
- Deposits grew by $496 million (7%) over 12 months
- Net interest margin expanded to 3.44% in Q4, up 19 basis points year-over-year
- Net interest income increased by $8.0 million (13%) compared to Q4 2023
- Indianapolis market surpassed $1 billion in loans for the first time
Stock Yards Bancorp (NASDAQ: SYBT) has declared a quarterly cash dividend of $0.31 per common share, payable on December 31, 2024, to stockholders of record as of December 16, 2024. The company, with $8.44 billion in assets, operates through Stock Yards Bank & Trust Company across Louisville, central, eastern and northern Kentucky, Indianapolis, Indiana, and Cincinnati, Ohio metropolitan markets.
Stock Yards Bancorp (NASDAQ: SYBT) has announced its participation in the Piper Sandler 2024 East Coast Financial Services Conference on November 13th and 14th. Chairman and CEO Ja Hillebrand and EVP/CFO T. Clay Stinnett will engage in meetings with institutional investors during the conference.
The company, with $8.4 billion in assets, operates through Stock Yards Bank & Trust Company across Louisville, central, eastern and northern Kentucky, Indianapolis, and Cincinnati metropolitan markets. Management's discussion materials for the conference will be available on the company's website (www.syb.com) by November 13, 2024.
Stock Yards Bancorp (NASDAQ: SYBT) has announced its participation in the 2024 Hovde Group Financial Services Conference from November 6th to 8th. Chairman and CEO Ja Hillebrand and EVP/CFO T. Clay Stinnett will engage in meetings with institutional investors during the conference. The company will post management's discussion materials on their website www.syb.com by November 6th, 2024.
Stock Yards Bancorp, based in Louisville, Kentucky, manages $8.4 billion in assets and operates through Stock Yards Bank & Trust Company across Louisville, central, eastern and northern Kentucky, Indianapolis, and Cincinnati metropolitan markets.
Stock Yards Bancorp (NASDAQ: SYBT) reported record third quarter earnings of $29.4 million, or $1.00 per diluted share, compared to $27.1 million ($0.92 per share) in Q3 2023. The company saw total loans increase by $661 million (12%) year-over-year, with $207 million growth in Q3. Deposits expanded by $323 million (5%) over 12 months. Net interest income rose to $65.0 million, up 6% from Q3 2023, while net interest margin was 3.33%. Non-interest income grew 8% to $24.8 million, driven by wealth management, treasury fees, and card income. The company maintained strong asset quality with non-performing loans at 0.27% of total loans.