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MARKETS / NASDAQ / SYBT
NASDAQ · STATE COMMERCIAL BANKS · LARGE CAP

Stock Yards Bancorp, Inc. SYBT

17 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$140.2M
▲ 22.4% YoY
$154.0M
▲ 15.8% YoY
In brief

What this company does

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”). SYB, established in 1904, is a state-chartered non-member financial institution that provides services in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets through 75 full service banking center locations. Net interest income accounted for 76% of our total revenues, defined as net interest income plus non-interest income, for the year ended December 31, 2025, compared to 73% for both the years ended December 31, 2024 and 2023, respectively. Bancorp is divided into two reportable segments. Our strategy focuses on building strong relationships with our customers, employees and communities, while maintaining disciplined underwriting standards and a commitment to operational efficiency.

Written from the business description in Stock Yards Bancorp, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2020 · Revenue 23.4 · Net income 58.9
25.0M50.0M200920112013201520172019202120232025
Compound annual growth
+4.5%
+14.0%
+12.9%
+3.4%
+0.9%
+7.9%
+10.7%
+8.4%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2020 · Operating 289.4%
100%200%300%200920112013201520172019202120232025
ROE
FY2025 · ROE 13.9%
5%10%15%200920112013201520172019202120232025

Each USD of equity produced 14 cents of profit this year.

Cash & shareholders
USD 39.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 154.0
80M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 37.1 · Net buybacks 2.1
20M40MDividendsNet buybacks200920112013201520172019202120232025

USD 37.1M in dividends and USD 2.1M in buybacks — 28% of the year's profit went back to shareholders.

Total assetsUSD 9.5B
EquityUSD 1.1B
Gross debtUSD 26.8M
DepositsUSD 7.8B

Equity funds 11% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B·····0.00.00.00.00.0·······
Operating income $B0.20.10.10.10.10.10.1··········
EBITDA $B0.20.20.20.10.10.10.1··········
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.10.10.10.10.10.10.10.10.00.00.00.00.00.00.00.00.0
Free cash flow $B0.20.10.10.10.10.10.10.10.10.10.00.00.10.00.00.00.0
EPS, diluted $4.753.893.673.212.972.592.892.421.661.801.651.571.891.851.711.671.19
Dividend / sh $1.261.221.181.14····0.800.720.640.880.810.770.720.690.68
Payout %2631323638423639483938374341425156
ROE %13.912.713.313.013.413.917.115.911.813.713.614.212.513.113.214.210.9
Shares out B0.030.030.030.030.030.020.020.020.020.020.010.010.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityState Commercial Banks
Listed onNASDAQ
Incorporated inKentucky
Fiscal year endsDecember 31
Data on record since2008

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