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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, Inc. (NASDAQ: SYBT), headquartered in Louisville, Kentucky, has declared a quarterly cash dividend of $0.28 per common share, consistent with the previous quarter. This dividend will be paid on April 1, 2022, to stockholders of record by March 21, 2022. With total assets of $6.6 billion, Stock Yards Bancorp operates in multiple markets across Kentucky and parts of Indiana and Ohio, a testament to its significant local presence and stability since its establishment in 1988.
Stock Yards Bancorp, Inc. (NASDAQ: SYBT) announced participation in the Keefe, Bruyette & Woods’ Winter Financial Services Symposium on February 17-18, 2022. Key executives, including Chairman and CEO Ja Hillebrand and President Phil Poindexter, will engage in one-on-one meetings with institutional investors. The company, which has $6.6 billion in assets, was established in 1988 and operates through Stock Yards Bank & Trust Company, founded in 1904. Discussion materials for the event will be available on the company’s investor website before the symposium.
Stock Yards Bancorp, Inc. (NASDAQ: SYBT), based in Louisville, Kentucky, announced participation in the 2022 Janney Bank CEO Forum from February 2-3. Chairman and CEO Ja Hillebrand, along with EVP and CFO T. Clay Stinnett, will engage with institutional investors during the event. The company, established in 1988 and with $6.6 billion in assets, operates Stock Yards Bank & Trust Company, founded in 1904. Management discussion materials will be available on their website by February 2, 2022.
Stock Yards Bancorp (NASDAQ: SYBT) reported a robust fourth quarter for 2021, with net income rising to $24.6 million ($0.92 per diluted share) compared to $17.7 million ($0.78 per diluted share) in Q4 2020. Total assets reached $6.65 billion, fueled by strong organic growth and a successful merger with Kentucky Bancshares. Non-interest income surged 36%, driven by record wealth management and card income. Total loans increased 18%, with notable contributions from the Central/Eastern Kentucky market. The company expects further growth from its upcoming merger with Commonwealth Bancshares.
Stock Yards Bancorp, Inc. (SYBT) has declared a quarterly cash dividend of $0.28 per common share, scheduled for payment on December 31, 2021. This dividend will benefit stockholders of record as of December 20, 2021. With assets totaling $6.2 billion, Stock Yards Bancorp operates in various regions, including Kentucky and parts of Indiana and Ohio. Founded in 1904, its parent company engages in banking and trust services.
Stock Yards Bancorp, Inc. (NASDAQ: SYBT), headquartered in Louisville, Kentucky, announced its participation in the 2021 Hovde Group Financial Services Conference from November 3rd to 5th. CEO Ja Hillebrand and CFO T. Clay Stinnett will engage with institutional investors during this event. The company, established in 1988 with $6.2 billion in assets, operates Stock Yards Bank & Trust Company, founded in 1904. Relevant management discussion materials will be available on their investor website by November 3, 2021.
Stock Yards Bancorp (SYBT) reported a strong third quarter, ending September 30, 2021, with net income of $23.2 million, or $0.86 per diluted share, up from $14.5 million, or $0.64 per diluted share, in Q3 2020. The results were driven by robust organic loan growth of $128 million and record operating income, fueled by wealth management and trust services. Total assets increased by $1.8 billion to $6.2 billion, while total deposits rose by $1.6 billion, reflecting continued strong financial performance.
Stock Yards Bancorp, parent company of Stock Yards Bank & Trust Company, announced participation in the Stephens 2021 Bank Forum on September 22, 2021. President Phil Poindexter and CFO T. Clay Stinnett will engage in virtual meetings with institutional investors. Relevant discussion materials will be available on the company’s website by that date. Based in Louisville, Kentucky, Stock Yards Bancorp holds $6.1 billion in assets and has been operational since 1988, with common shares trading on NASDAQ under the symbol SYBT.
Stock Yards Bancorp, Inc. (NASDAQ: SYBT) announced that Chairman and CEO James A. Hillebrand, along with CFO T. Clay Stinnett, will attend the Raymond James 2021 Virtual U.S. Bank Conference on September 8-9, 2021. They will engage in virtual meetings with institutional investors on September 8. Management materials for the conference will be available on the company’s investor website by the same date. Based in Louisville, Kentucky, Stock Yards Bancorp has $6.1 billion in assets and has been operating since 1988.
Stock Yards Bancorp, Inc. (NASDAQ: SYBT) has announced an increase in its cash dividend to $0.28 per common share, payable on October 1, 2021, to stockholders of record as of September 20, 2021. This marks the 14th increase since 2012, with a cumulative increase of 110%. The decision follows the completed acquisition of Kentucky Bancshares and the announcement of the Commonwealth Bancshares acquisition, reflecting the company's strong performance and solid capital position.