Grufity logoGrufity logo
Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
SYBT

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

49.05USD+0.05 (+0.10%)Market Closed

Market Summary

SYBT
USD49.05+0.05
Market Closed
0.10%

SYBT Alerts

  • 1 major insider sales recently.

SYBT Stock Price

View Fullscreen

SYBT RSI Chart

SYBT Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

13.77

Price/Sales (Trailing)

3.96

EV/EBITDA

3.62

Price/Free Cashflow

13.51

SYBT Price/Sales (Trailing)

SYBT Profitability

EBT Margin

36.75%

Return on Equity

11.96%

Return on Assets

1.29%

Free Cashflow Yield

7.4%

SYBT Fundamentals

SYBT Revenue

Revenue (TTM)

363.8M

Rev. Growth (Yr)

21.49%

Rev. Growth (Qtr)

1.37%

SYBT Earnings

Earnings (TTM)

104.6M

Earnings Growth (Yr)

-10.88%

Earnings Growth (Qtr)

8.11%

Breaking Down SYBT Revenue

Last 7 days

3.4%

Last 30 days

11.5%

Last 90 days

0.7%

Trailing 12 Months

17.3%

How does SYBT drawdown profile look like?

SYBT Financial Health

SYBT Investor Care

Dividend Yield

2.43%

Dividend/Share (TTM)

1.19

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

3.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024363.8M000
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
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 06, 2024
heintzman david p
sold
-141,150
47.05
-3,000
-
Apr 26, 2024
saunier edwin s
acquired
2,584
46.15
56.00
-
Apr 26, 2024
bickel paul j iii
acquired
6,322
46.15
137
-
Apr 26, 2024
schutte john
acquired
5,122
46.15
111
-
Apr 26, 2024
priebe stephen m
acquired
5,122
46.15
111
-
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

1–10 of 50

Which funds bought or sold SYBT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
NFJ INVESTMENT GROUP, LLC
new
-
3,421,350
3,421,350
 0.09%
May 15, 2024
QUADRANT CAPITAL GROUP LLC
reduced
-3.37
-8,161
91,267
 0.01%
May 15, 2024
Aquatic Capital Management LLC
sold off
-100
-5,000
-
 -%
May 15, 2024
Voya Investment Management LLC
reduced
-17.07
-124,913
463,618
 -%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-9.17
-246,554
1,550,450
 -%
May 15, 2024
BANK OF AMERICA CORP /DE/
added
61.92
1,265,160
3,616,500
 -%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
sold off
-100
-74,660
-
 -%
May 15, 2024
DEPRINCE RACE & ZOLLO INC
added
4.61
-50,689
8,006,520
 0.17%
May 15, 2024
Quarry LP
new
-
1,810
1,810
 -%
May 15, 2024
Kestra Advisory Services, LLC
added
9.84
13,697
329,917
 -%

1–10 of 48

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

SYBT Alerts

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
May 14, 2024
4
Insider Trading
May 07, 2024
10-Q
Quarterly Report
May 07, 2024
S-8
Employee Benefits Plan
May 06, 2024
144
Notice of Insider Sale Intent
May 06, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading

Peers (Alternatives to Stock Yards Bancorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
JPM
581.4B
174.7B
 10.55% 50.52%
11.55
3.33
 53.11% 19.83%
BAC
306.7B
137.9B
 8.26% 42.25%
12.25
2.22
 56.12% -12.56%
WFC
212.8B
85.8B
 9.39% 62.33%
11.34
2.48
 35.02% 26.14%
C
122.4B
125.0B
 9.68% 41.85%
15.31
0.98
 37.85% -
CFG
16.8B
10.4B
 11.70% 47.15%
11.72
1.61
 26.22% -33.87%
KEY
14.7B
8.1B
 7.90% 66.17%
16.8
1.8
 32.15% -50.93%
MID-CAP
CMA
7.3B
4.2B
 8.52% 62.72%
10.53
1.72
 34.68% -45.96%
ZION
6.7B
4.1B
 11.66% 93.23%
10.59
1.63
 32.93% -30.73%
ABCB
3.5B
1.3B
 11.39% 71.61%
12.26
2.64
 30.60% -12.99%
ASB
3.4B
2.0B
 11.00% 55.39%
21.08
1.66
 47.11% -59.32%
SMALL-CAP
AMNB
497.6M
120.2M
 6.68% 49.76%
19.02
4.14
 45.65% -13.98%
AROW
410.6M
173.1M
 11.64% 37.59%
14.07
2.37
 26.54% -34.86%
ALRS
390.2M
152.4M
 -1.20% 38.83%
39.25
2.56
 16.94% -73.84%
ACNB
288.6M
98.7M
 3.06% 15.69%
9.81
2.92
 6.27% -22.90%
ASRV
47.0M
62.5M
 18.70% -3.87%
-15.89
0.75
 18.83% -145.18%

Stock Yards Bancorp Inc News

Latest updates
Defense World • 17 hours ago
Critical Analysis: United Community Banks (NASDAQ:UCBI) & Stock Yards Bancorp (NASDAQ:SYBT)
Defense World • 14 May 2024 • 04:57 pm
Versor Investments LP Has $348000 Stock Position in Stock Yards Bancorp, Inc. (NASDAQ:SYBT)
MarketBeat • 09 May 2024 • 03:29 am
Barlow Wealth Partners Inc. Buys Shares of 62,648 Stock Yards Bancorp, Inc. (NASDAQ:SYBT)
MSN • 24 Apr 2024 • 05:14 pm
SYBT Stock Earnings: Stock Yards Bancorp Beats EPS, Beats Revenue for Q1 2024
Houston Chronicle • 24 Apr 2024 • 07:00 am
Stock Yards: Q1 Earnings Snapshot
Simply Wall St • 15 Apr 2024 • 07:00 am
Insiders At Stock Yards Bancorp Sold US$1.1m In Stock, Alluding To Potential Weakness
Yahoo Finance • 11 Apr 2024 • 07:00 am
Institutional investors may adopt severe steps after Stock Yards Bancorp, Inc.'s (NASDAQ:SYBT) latest 5.2% drop adds ...
TradingView • 01 Apr 2024 • 07:00 am
Technical Analysis of Stock Yards Bancorp — TradingView News
Investing.com • 27 Mar 2024 • 07:00 am
Stock yards bancorp director buys shares worth $9,192 By Investing.com
Yahoo Finance • 3 months ago
Stock Yards Bancorp Inc (SYBT) Reports Mixed Q4 Results Amid Strong Loan Growth

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.4%97.0095.0089.0083.0079.0075.0067.0059.0050.0048.0047.0043.0040.0038.0036.0037.0037.0038.0038.0037.0035.00
EBITDA Margin-7.0%1.09*1.17*1.28*1.38*1.49*1.49*1.55*1.57*1.45*1.57*1.54*1.47*---------
Interest Expenses-3.1%60.0062.0061.0061.0063.0065.0062.0057.0049.0046.0045.0042.0038.0036.0034.0034.0032.0033.0032.0031.0030.00
Income Taxes9.9%7.006.008.008.008.009.009.008.001.008.007.001.005.003.002.002.002.003.004.001.002.00
Earnings Before Taxes8.5%33.0030.0035.0036.0037.0039.0038.0034.009.0032.0030.005.0028.0020.0016.0016.0015.0020.0021.0018.0017.00
EBT Margin-7.6%0.37*0.40*0.45*0.49*0.53*0.48*0.51*0.52*0.41*0.54*0.50*0.44*---------
Net Income8.1%26.0024.0027.0028.0029.0030.0029.0027.008.0025.0023.004.0023.0018.0015.0013.0013.0017.0017.0017.0016.00
Net Income Margin-7.5%0.29*0.31*0.35*0.38*0.41*0.37*0.39*0.41*0.32*0.42*0.40*0.38*---------
Free Cashflow-44.5%16.0028.0030.0032.008.0034.0048.006.003.0038.0014.0019.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.6%8,1238,1707,9037,7337,6687,4967,5547,5837,7776,6466,1816,0884,7944,6094,3654,3353,7853,7243,5343,4643,281
    Cash Equivalents----------3.00---5.00--25515.00136116111
  Net PPE5.5%10710198.0099.0010110299.0011910977.0077.0078.0057.0058.0057.0057.0057.0059.0062.0065.0046.00
  Goodwill0.0%19419419419419419420320320313613613713.0013.0013.0013.0013.0013.0013.0013.001.00
Liabilities-0.9%7,2487,3127,0976,9246,8736,7366,8236,8337,0165,9705,5185,4374,3514,1683,9373,9143,3753,3183,1383,0742,903
Shareholder's Equity1.9%875858807808794760731750761676664651443441429420410406396389378
  Retained Earnings2.9%521506492474454440421401385391375360363354342336328334324314304
  Additional Paid-In Capital1.0%39038638438338237837637537324324124047.0042.0041.0039.0038.0036.0035.0038.0040.00
Shares Outstanding0.2%29.0029.0029.0029.0029.0029.0029.0029.0027.0025.0026.0023.00---------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-42.5%17,41630,29632,52434,1219,76237,62549,35918,2383,52038,96815,95819,93927,23539,3449,10115,98312,69718,78217,75510,84411,055
  Share Based Compensation-24.3%9421,2451,0321,0351,1521,1091,2371,0579911,1371,1651,414849626843976817846876993863
Cashflow From Investing46.0%-57,625-106,662-164,893-135,157-17,337-139,391-199,617-10,080-35,337-90,708-56,171275,652-207,647-225,29943,663-569,349-53,733-84,160-43,32413,650-49,339
Cashflow From Financing-143.9%-65,527149,288111,076-1,632157,206-60,788-93,690-185,980-177,684427,99184,961-88,379195,448212,89713,845523,24945,823178,88845,744-19,795-49,315
  Dividend Payments1.1%8,8678,7718,7688,4758,5618,4568,4518,1078,2877,4217,4167,1886,1736,1016,1056,1566,1196,0735,8485,8895,732
  Buy Backs-1,638---2,368--------2,265---1,7825,4993,6651,743
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

SYBT Income Statement

2024-03-31
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:  
Loans, including fees$ 85,840$ 68,787
Federal funds sold and interest bearing due from banks2,0961,581
Mortgage loans held for sale3141
Federal Home Loan Bank stock468165
Investment securities:  
Taxable7,6578,446
Tax-exempt453447
Total interest income96,54579,467
Interest expense:  
Deposits31,86613,499
Securities sold under agreements to repurchase931456
Federal funds purchased and other short-term borrowings136177
Federal Home Loan Bank advances2,9971,734
Subordinated debentures545529
Total interest expense36,47516,395
Net interest income60,07063,072
Provision for credit losses1,4252,625
Net interest income after provision expense58,64560,447
Non-interest income:  
Mortgage banking income[1]9481,038
Bank owned life insurance[1]588549
Loss on sale of premises and equipment[1]0(2)
Total non-interest income23,27122,047
Non-interest expenses:  
Compensation24,22121,896
Employee benefits5,8765,053
Net occupancy and equipment3,6703,899
Technology and communication5,0694,251
Debit and credit card processing1,7461,419
Marketing and business development1,0751,095
Postage, printing and supplies926874
Legal and professional1,115797
FDIC insurance1,1121,135
Amortization of investments in tax credit partnerships0323
Capital and deposit based taxes630639
Intangible amortization1,0521,180
Other2,4692,753
Total non-interest expenses48,96145,314
Income before income tax expense32,95537,180
Income tax expense7,0688,132
Net income$ 25,887$ 29,048
Net income per share - basic (in dollars per share)$ 0.89$ 1
Net income per share - diluted (in dollars per share)$ 0.88$ 0.99
Weighted average outstanding shares  
Basic (in shares)29,25029,178
Diluted (in shares)29,36129,365
Fiduciary and Trust [Member]  
Non-interest income:  
Non-interest income$ 10,771$ 9,527
Deposit Account [Member]  
Non-interest income:  
Non-interest income2,1362,149
Credit and Debit Card [Member]  
Non-interest income:  
Non-interest income4,6824,482
Treasury Management [Member]  
Non-interest income:  
Non-interest income2,6252,318
Investment Advisory, Management and Administrative Service [Member]  
Non-interest income:  
Non-interest income865754
Product and Service, Other [Member]  
Non-interest income:  
Non-interest income$ 656$ 1,232
[1]Outside of the scope of ASC 606.

SYBT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets [Abstract]  
Cash and due from banks$ 71,676$ 94,466
Federal funds sold and interest bearing due from banks88,547171,493
Total cash and cash equivalents160,223265,959
Mortgage loans held for sale, at fair value6,4626,056
Available for sale debt securities (amortized cost of $1,123,119 in 2024 and $1,154,153 in 2023, respectively)993,8081,031,179
Held to maturity debt securities (fair value of $351,869 in 2024 and $408,519 in 2023, respectively)385,404439,837
Federal Home Loan Bank stock, at cost24,67516,236
Loans[1]5,849,7155,771,038
Allowance for credit losses on loans(80,897)(79,374)
Net loans5,768,8185,691,664
Premises and equipment, net106,730101,174
Premises held for sale2,4822,502
Bank owned life insurance87,51486,927
Accrued interest receivable26,07426,830
Goodwill194,074194,074
Other Assets347,612287,360
Total assets8,123,1288,170,102
Liabilities  
Non-interest bearing1,481,2171,548,624
Interest bearing5,127,8635,122,124
Total deposits6,609,0806,670,748
Securities sold under agreements to repurchase162,528152,991
Federal funds purchased9,96112,852
Subordinated debentures26,80626,740
Federal Home Loan Bank advances200,000200,000
Accrued interest payable2,1942,094
Other liabilities237,848246,574
Total liabilities7,248,4177,311,999
Commitments and contingent liabilities (Footnote 12)
Stockholders’ equity  
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding00
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,393,000 and 29,329,000 shares in 2024 and 2023, respectively58,81258,602
Additional paid-in capital389,685385,955
Retained earnings521,268506,344
Accumulated other comprehensive loss(95,054)(92,798)
Total stockholders’ equity874,711858,103
Total liabilities and equity8,123,1288,170,102
Core Deposits [Member]  
Assets [Abstract]  
Intangible11,27211,944
Customer Lists [Member]  
Assets [Abstract]  
Intangible$ 7,980$ 8,360
[1]Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.

About Stock Yards Bancorp Inc

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 Wed May 15 2024, market cap of Stock Yards Bancorp Inc is 1.44 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 Wed May 15 2024, SYBT's PE ratio (Price to Earnings) is 13.77 and Price to Sales (PS) ratio is 3.96. 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 0.125 (multiply by 100 for percentage) rate of return.