View ValuationStock Yards Bancorp 향후 성장Future 기준 점검 2/6Stock Yards Bancorp은 연간 수입과 매출이 각각 11.1%와 11.7% 증가할 것으로 예상되고 EPS는 연간 7.7%만큼 증가할 것으로 예상됩니다.핵심 정보11.1%이익 성장률7.66%EPS 성장률Banks 이익 성장8.2%매출 성장률11.7%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트13 May 2026최근 향후 성장 업데이트분석 기사 • Jan 31Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Just Released Its Yearly Earnings: Here's What Analysts ThinkStock Yards Bancorp, Inc. ( NASDAQ:SYBT ) came out with its full-year results last week, and we wanted to see how the...Price Target Changed • Dec 17Price target increased by 11% to US$78.80Up from US$71.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$76.17. Stock is up 49% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Price Target Changed • Dec 04Price target increased by 8.5% to US$74.40Up from US$68.60, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of US$78.62. Stock is up 67% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Price Target Changed • Nov 15Price target increased by 7.2% to US$69.80Up from US$65.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$73.25. Stock is up 57% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Price Target Changed • Jul 24Price target increased by 9.2% to US$58.75Up from US$53.80, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$61.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.69 last year.Price Target Changed • Jan 25Price target increased by 9.0% to US$56.33Up from US$51.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of US$51.40. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.69 last year.모든 업데이트 보기Recent updatesDeclared Dividend • 11hFirst quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 15th June 2026 Payment date: 1st July 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.7% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 21Stock Yards Bancorp, Inc. announces Quarterly dividend, payable on July 01, 2026Stock Yards Bancorp, Inc. announced Quarterly dividend of USD 0.3200 per share payable on July 01, 2026, ex-date on June 15, 2026 and record date on June 15, 2026.Reported Earnings • Apr 24First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.25 (up from US$1.13 in 1Q 2025). Revenue: US$101.4m (up 9.4% from 1Q 2025). Net income: US$36.6m (up 10.0% from 1Q 2025). Profit margin: 36% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.공시 • Mar 13Stock Yards Bancorp, Inc., Annual General Meeting, Apr 23, 2026Stock Yards Bancorp, Inc., Annual General Meeting, Apr 23, 2026.Reported Earnings • Mar 03Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$4.77 (up from US$3.91 in FY 2024). Revenue: US$390.6m (up 14% from FY 2024). Net income: US$140.2m (up 22% from FY 2024). Profit margin: 36% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.53% (up from 3.31% in FY 2024). Cost-to-income ratio: 53.4% (down from 56.2% in FY 2024). Non-performing loans: 0.19% (down from 0.34% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.Declared Dividend • Mar 01Fourth quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 16th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 25Stock Yards Bancorp Declares Quarterly Cash Dividend of Common Share, Payable on April 1, 2026Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per common share. The dividend will be paid on April 1, 2026, to stockholders of record as of March 16, 2026.분석 기사 • Jan 31Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Just Released Its Yearly Earnings: Here's What Analysts ThinkStock Yards Bancorp, Inc. ( NASDAQ:SYBT ) came out with its full-year results last week, and we wanted to see how the...Reported Earnings • Jan 28Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$4.77 (up from US$3.91 in FY 2024). Revenue: US$390.6m (up 14% from FY 2024). Net income: US$140.2m (up 22% from FY 2024). Profit margin: 36% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.53% (up from 3.31% in FY 2024). Cost-to-income ratio: 53.4% (down from 56.2% in FY 2024). Non-performing loans: 0.19% (down from 0.34% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.공시 • Jan 28+ 1 more updateStock Yards Bancorp, Inc. (NasdaqGS:SYBT) entered into a definitive agreement to acquire Field & Main Bancorp, Inc. for approximately $100 million.Stock Yards Bancorp, Inc. (NasdaqGS:SYBT) entered into a definitive agreement to acquire Field & Main Bancorp, Inc. for approximately $100 million on January 27, 2026. Under the terms of the merger agreement, Field & Main shareholders will have the right to receive 0.6550 shares of Stock Yards common stock for each share of Field & Main common stock, with total consideration to consist of 100% stock. Based upon the closing price of Stock Yards’ common stock of $68.01 on January 26, 2026, the implied per share purchase price is $44.55, with an aggregate transaction value of approximately $105.7 million. Under the terms and subject to the conditions of the Merger Agreement, Stock Yards expects to appoint Scott P. Davis, a member of the Field & Main Board of Directors and Field & Main’s Chief Executive Officer, as a member of the Stock Yards Board of Directors and Stock Yards Bank Board of Directors. In addition, Scott Davis, who currently serves on Field & Main’s Board of Directors, is expected to be added to the Stock Yards Board following completion of the transaction. The transaction is expected to be 5.7% accretive to Stock Yards’ earnings per share once cost savings are fully phased in. The Merger Agreement provides certain termination rights for both Stock Yards and Field & Main and further provides that a termination fee of $4.5 million will be payable by Field & Main to Stock Yards upon termination of the Merger Agreement. Following the transaction, Field & Main and its dedicated employees would join Stock Yards team. The transaction is subject to the satisfaction of customary conditions, including (i) receipt of the Field & Main Shareholder Approval, (ii) authorization for listing of the shares of common stock, no par value, of Stock Yards (“ Stock Yards Common Stock ”) to be issued in the Merger on the NASDAQ Stock Market, (iii) the receipt of required regulatory approvals, including the approval of the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Kentucky Department of Financial Institutions, (iv) effectiveness of the registration statement on Form S-4 for the Stock Yards Common Stock to be issued in the merger, (v) the absence of any order, injunction or other legal restraint preventing or making illegal the completion of the Merger or any of the other transactions contemplated by the Merger Agreement, and (vi) receipt by Stock Yards and Field & Main of an opinion from counsel to Stock Yards to the effect that the Merger and the Upstream Merger and is anticipated to be completed in the second quarter of 2026. Stephens Inc. acted as financial advisor for Stock Yards Bancorp, Inc. James Giesel and William N. Jones of FBT Gibbons LLP acted as legal advisor for Stock Yards Bancorp, Inc. Raymond James & Associates, Inc. acted as financial advisor for Field & Main Bancorp, Inc. J. David Smith of Stoll Keenon Ogden PLLC acted as legal advisor for Field & Main Bancorp, Inc.공시 • Dec 09Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company Announces Executive ChangesStock Yards Bancorp, Inc. announced that William J. Otten will be promoted to Executive Vice President and Chief Credit Officer of Stock Yards Bancorp and Stock Yards Bank & Trust Company, effective April 1, 2026. This promotion follows William M. Dishman's decision to transition from his current role as Executive Vice President and Chief Credit Officer to Senior Credit Advisor on April 1, 2026, before retiring completely on October 15, 2026. Otten brings over 35 years of banking experience to his new role as Chief Credit Officer. He joined Stock Yards Bank in 2007 and has served as Director of Commercial Banking since 2014, driving commercial growth across the Company's regional footprint. Previously, he held leadership positions at Fifth Third Bank from 1987 to 2004 and Old National Bank from 2004 to 2007, including roles as Commercial Team Lead and Vice President and Senior Vice President of Commercial Banking. The Company also announced that John Hanks has been promoted to Director of Commercial Lending at Stock Yards Bank & Trust Company, bringing more than 35 years of banking experience to the role. He began his career in the management training program at Liberty National Bank and continued with its successor, Chase Bank, for nearly 15 years before joining Stock Yards Bank in 2004 as a Commercial Loan Officer. In 2017, Hanks was promoted to Division Manager in the Commercial Lending Department. A graduate of the University of Louisville, Hanks earned both a Bachelor of Science in Business Administration in 1989 and an MBA in 1994. William M. Dishman will transition from his role as Executive Vice President and Chief Credit Officer to Senior Credit Advisor on April 1, 2026, and retire on October 15, 2026. The Company also announced that John Hanks has been promoted to Director of Commercial Lending at Stock Yards Bank & Trust Company, bringing more than 35 years of banking experience to the role. He began his career in the management training program at Liberty National Bank and continued with its successor, Chase Bank, for nearly 15 years before joining Stock Yards Bank in 2004 as a Commercial Loan Officer. In 2017, Hanks was promoted to Division Manager in the Commercial Lending Department. A graduate of the University of Louisville, Hanks earned both a Bachelor of Science in Business Administration (1989) and an MBA (1994).Upcoming Dividend • Dec 08Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%).공시 • Dec 02Stock Yards Bancorp, Inc. Appoints Rick Seadler as Bowling Green Market PresidentStock Yards Bancorp, Inc. has appointed Rick Seadler as Bowling Green Market President for company. With more than 35 years of banking experience, he has also held leadership roles in Louisville, Ky. and Nashville, Tenn. at Commerce Bank and National City Bank (PNC). Committed to the Bowling Green community, he has held leadership positions with the Bowling Green Area Chamber of Commerce, the WKU Foundation, the Hilltopper Athletic Foundation, Leadership Bowling Green 2000 class and the Capital Arts Alliance. A native of Louisville, Seadler holds a Bachelor of Science in Business Administration from Bellarmine University.Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Director David Hardy was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Nov 21Third quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 1.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (27% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 19Stock Yards Bancorp Declares Quarterly Cash Dividend of Common Share, Payable on December 31, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per common share. The dividend will be paid on December 31, 2025, to stockholders of record as of December 15, 2025.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.23 (up from US$1.00 in 3Q 2024). Revenue: US$99.5m (up 17% from 3Q 2024). Net income: US$36.2m (up 23% from 3Q 2024). Profit margin: 36% (up from 34% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 08Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.5%).분석 기사 • Sep 03Stock Yards Bancorp (NASDAQ:SYBT) Is Increasing Its Dividend To $0.32Stock Yards Bancorp, Inc. ( NASDAQ:SYBT ) has announced that it will be increasing its periodic dividend on the 1st of...공시 • Sep 03Stock Yards Bancorp, Inc. Appoints Michael W. Woods as Principal Accounting Officer, Effective September 3, 2025Stock Yards Bancorp, Inc. announced that Michael W. Woods has joined the Company as Principal Accounting Officer effective September 3, 2025. Michael Woods is a Certified Public Accountant with over 25 years of experience in financial reporting, internal control, and strategic planning. Before joining the Company, Mr. Woods served as SVP and Corporate Controller at Old National Bancorp starting in 2017, and held the role of Principal Accounting Officer of Old National Bancorp from 2017 to 2022. Before joining Old National Bancorp, Mr. Woods served in various financial and accounting roles at FirstMerit Corporation, KeyCorp, and other financial institutions, including as Co-Acting Corporate Controller of FirstMerit. Mr. Woods holds a bachelor’s degree in business administration from The Ohio State University, and earned his CPA in 1993.Buy Or Sell Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock has risen 9.0% to US$80.15. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 6.7% in the next year.Recent Insider Transactions Derivative • Aug 28CEO & Chairman of the Board exercised options and sold US$326k worth of stockOn the 27th of August, James Hillebrand exercised 8k options at a strike price of around US$40.00 and sold these shares for an average price of US$83.02 per share. This trade did not impact their existing holding. For the year to December 2018, James' total compensation was 31% salary and 69% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, James' direct individual holding has increased from 130.38k shares to 132.74k. Company insiders have collectively sold US$6.6m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Aug 22Second quarter dividend increased to US$0.32Dividend of US$0.32 is 3.2% higher than last year. Ex-date: 15th September 2025 Payment date: 1st October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Aug 22Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company Appoint David L. Hardy to its Boards of Directors, Effective October 21, 2025Stock Yards Bancorp, Inc., parent company of Stock Yards Bank & Trust Company on August 22, 2025 announced that David L. Hardy has been appointed to the Boards of Directors for both the Company and the Bank, effective October 21, 2025. Mr. Hardy has been the Managing Director for CBRE’s Kentucky operations since 2005 while also serving as a producer and team leader for the office properties division. Mr. Hardy has been brokering office properties and advising clients in the Louisville market since 1988. He has handled the sale and leasing of several office buildings in the region and has represented many of Louisville’s prominent companies in real estate transactions. Mr. Hardy currently serves as Vice Chairman of the Board of Trustees for St. Xavier High School and is a member of the Board of Governors for Louisville Country Club. In addition, he previously served as Chairman of the Board of Trustees of the Leadership Louisville Center, was former Vice Chairman of the Board of Trustees of Sacred Heart Schools and previously served as a member of the Board of Trustees of Greater Louisville, Inc. (GLI). He formerly served as President of the Kentucky CCIM (Certified Commercial Investment Member) Chapter and as President of the Greater Louisville Association of Realtors Commercial Division.공시 • Aug 20Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on October 1, 2025Stock Yards Bancorp, Inc. announced that its board of directors increased its quarterly cash dividend to $0.32 per common share. The dividend will be paid on October 1, 2025, to stockholders of record as of September 15, 2025.Reported Earnings • Jul 24Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.16 (up from US$0.94 in 2Q 2024). Revenue: US$95.6m (up 13% from 2Q 2024). Net income: US$34.0m (up 23% from 2Q 2024). Profit margin: 36% (up from 33% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.분석 기사 • Jul 11Do Stock Yards Bancorp's (NASDAQ:SYBT) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Buy Or Sell Opportunity • Jul 09Now 21% undervaluedOver the last 90 days, the stock has risen 26% to US$80.47. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 6.0% in the next year.Recent Insider Transactions Derivative • Jun 26Executive VP exercised options and sold US$226k worth of stockOn the 24th of June, T. Stinnett exercised 6.87k options at around US$25.76, then sold 4k of the shares acquired at an average of US$77.35 per share and kept the remainder. Since September 2024, Stinnett's direct individual holding has increased from 74.07k shares to 75.33k. Company insiders have collectively sold US$8.8m more than they bought, via options and on-market transactions in the last 12 months.공시 • Jun 13Stock Yards Bancorp, Inc. Announces Intent to Retire of David P. Heintzman as an Independent Member of the Board of DirectorsStock Yards Bancorp, Inc. announced that On June 10, 2025, David P. Heintzman, an independent member of the Board of Directors, notified the Board of his intent to retire as a director of the Company, effective upon the conclusion of the Board’s next regularly scheduled meeting on July 15, 2025. Mr. Heintzman joined Stock Yards Bank & Trust Company in 1985 and held a series of executive positions, including Chief Financial Officer, Executive Vice President and President. Mr. Heintzman served as Chief Executive Officer from 2005 until his retirement from that role in 2018. Mr. Heintzman has served as a director of the Company since 1992, including service as Chairman of the Board. The Company and the Board express their gratitude and appreciation for Mr. Heintzman’s 40 years of dedicated service and invaluable contributions.Recent Insider Transactions • Jun 12Insider recently sold US$316k worth of stockOn the 10th of June, Michael Croce sold around 4k shares on-market at roughly US$77.06 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$372k. Insiders have been net sellers, collectively disposing of US$4.2m more than they bought in the last 12 months.Upcoming Dividend • Jun 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.7%).Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Allison Donovan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • May 23First quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 16th June 2025 Payment date: 1st July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.7% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 21Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 1, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on July 1, 2025, to stockholders of record as of June 16, 2025.Recent Insider Transactions Derivative • May 13Independent Director notifies of intention to sell stockLaura Wells intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of May. If the sale is conducted around the recent share price of US$78.00, it would amount to US$390k. Since September 2024, Laura's direct individual holding has increased from 18.23k shares to 19.19k. Company insiders have collectively sold US$7.7m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Apr 30Independent Director recently sold US$372k worth of stockOn the 28th of April, David Heintzman sold around 5k shares on-market at roughly US$74.48 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.0m more than they bought in the last 12 months.Reported Earnings • Apr 23First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$1.13 (up from US$0.89 in 1Q 2024). Revenue: US$92.6m (up 13% from 1Q 2024). Net income: US$33.3m (up 28% from 1Q 2024). Profit margin: 36% (up from 32% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.분석 기사 • Apr 09With EPS Growth And More, Stock Yards Bancorp (NASDAQ:SYBT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공시 • Mar 20Stock Yards Bancorp, Inc. Announces Executive ChangesOn March 14, 2025, Stock Yards Bancorp, Inc., the holding company for Stock Yards Bank & Trust Company, appointed T. Clay Stinnett as the Company’s principal accounting officer, effective as of March 14, 2025. Mr. Stinnett, age 51, has served as the Executive Vice President, Treasurer and Chief Financial Officer of the Company and the Bank since 2019. Mr. Stinnett will continue to be responsible for overseeing a range of areas, including general accounting; SEC, regulatory and internal management reporting; the Bank’s treasury function; and budgeting. Mr. Stinnett previously served as Executive Vice President and Chief Strategic Officer of the Company and the Bank from 2011 to 2019, and Senior Vice President and Chief Strategic Officer of the Bank from 2005 to 2011. Mr. Stinnett joined the Bank in 2000 as Vice President-Finance. The appointment of Mr. Stinnett was made in connection with the departure of Michael B. Newton, who notified the Company of his resignation as Senior Vice President and Principal Accounting Officer, effective March 14, 2025. Mr. Newton’s departure is not due to any disagreement on any matter relating to the Company’s financial statements, internal control over financial reporting, operations, policies, or practices.Upcoming Dividend • Mar 10Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.8%).Reported Earnings • Mar 03Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.91 (up from US$3.69 in FY 2023). Revenue: US$342.5m (up 5.6% from FY 2023). Net income: US$114.5m (up 6.3% from FY 2023). Profit margin: 33% (in line with FY 2023). Net interest margin (NIM): 3.31% (down from 3.39% in FY 2023). Cost-to-income ratio: 56.2% (up from 54.8% in FY 2023). Non-performing loans: 0.34% (up from 0.33% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.공시 • Mar 01Stock Yards Bancorp, Inc., Annual General Meeting, Apr 24, 2025Stock Yards Bancorp, Inc., Annual General Meeting, Apr 24, 2025.Declared Dividend • Feb 21Fourth quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 17th March 2025 Payment date: 1st April 2025 Dividend yield will be 1.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 19Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 1, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.Recent Insider Transactions Derivative • Feb 07Independent Director notifies of intention to sell stockLaura Wells intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of January. If the sale is conducted around the recent share price of US$78.00, it would amount to US$312k. Since September 2024, Laura's direct individual holding has increased from 18.23k shares to 19.19k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Jan 29Executive VP & Chief Credit Officer exercised options and sold US$232k worth of stockOn the 24th of January, William Dishman exercised 7.17k options at around US$25.76, then sold 5k of the shares acquired at an average of US$75.00 per share and kept the remainder. Since March 2024, William's direct individual holding has decreased from 45.32k shares to 42.32k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Jan 23Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.91 (up from US$3.69 in FY 2023). Revenue: US$342.5m (up 5.6% from FY 2023). Net income: US$114.5m (up 6.3% from FY 2023). Profit margin: 33% (in line with FY 2023). Net interest margin (NIM): 3.31% (down from 3.39% in FY 2023). Cost-to-income ratio: 56.2% (up from 54.8% in FY 2023). Non-performing loans: 0.34% (up from 0.33% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.Seeking Alpha • Dec 31Stock Yards Bancorp: Earnings Outlook Rosy Thanks To Expected Growth Of Loans, MarginSummary Stock Yards Bancorp's average loan yield is stickier than the average deposit cost; therefore, the margin will benefit in a falling interest-rate environment. The robust residential loan segment will keep total loan growth in double digits. However, the commercial segment will likely weaken. The December 2025 target price suggests a double-digit price upside. Further, SYBT is offering a low dividend yield of 1.7%. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Dec 22Independent Director notifies of intention to sell stockLaura Wells intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of December. If the sale is conducted around the recent share price of US$78.00, it would amount to US$312k. Since December 2023, Laura's direct individual holding has increased from 16.24k shares to 18.23k. Company insiders have collectively sold US$7.4m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Dec 17Price target increased by 11% to US$78.80Up from US$71.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$76.17. Stock is up 49% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Upcoming Dividend • Dec 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.5%).Price Target Changed • Dec 04Price target increased by 8.5% to US$74.40Up from US$68.60, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of US$78.62. Stock is up 67% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Recent Insider Transactions Derivative • Nov 27Independent Director exercised options and sold US$526k worth of stockOn the 25th of November, David Heintzman exercised 12.88k options at around US$35.90, then sold 13k of the shares acquired at an average of US$77.61 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 108.22k. Company insiders have collectively sold US$8.1m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Nov 22Third quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 20Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024.Price Target Changed • Nov 15Price target increased by 7.2% to US$69.80Up from US$65.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$73.25. Stock is up 57% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.Recent Insider Transactions • Nov 14Independent Director recently sold US$614k worth of stockOn the 12th of November, David Heintzman sold around 8k shares on-market at roughly US$76.75 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$660k. Insiders have been net sellers, collectively disposing of US$3.2m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$76.87, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$103 per share.Recent Insider Transactions Derivative • Nov 08Independent Director exercised options and sold US$449k worth of stockOn the 6th of November, David Heintzman exercised 13.27k options at around US$40.00, then sold 13k of the shares acquired at an average of US$74.79 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 125.90k. Company insiders have collectively sold US$5.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Oct 30Independent Director recently sold US$660k worth of stockOn the 28th of October, David Heintzman sold around 10k shares on-market at roughly US$66.00 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Oct 28Independent Director notifies of intention to sell stockDavid Heintzman intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of October. If the sale is conducted around the recent share price of US$65.00, it would amount to US$650k. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 135.90k. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.00 (up from US$0.93 in 3Q 2023). Revenue: US$85.5m (up 5.3% from 3Q 2023). Net income: US$29.4m (up 8.4% from 3Q 2023). Profit margin: 34% (in line with 3Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Sep 25Independent Director exercised options and sold US$329k worth of stockOn the 19th of September, David Heintzman exercised 8.80k options at around US$25.76, then sold 9k of the shares acquired at an average of US$64.19 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 136.67k. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Sep 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.9%).Recent Insider Transactions Derivative • Aug 28Independent Director exercised options and sold US$336k worth of stockOn the 23rd of August, David Heintzman exercised 10.00k options at around US$25.76, then sold 10k of the shares acquired at an average of US$59.93 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 136.49k. Company insiders have collectively sold US$4.1m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Aug 23Second quarter dividend increased to US$0.31Dividend of US$0.31 is 3.3% higher than last year. Ex-date: 16th September 2024 Payment date: 1st October 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.1% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Aug 21Stock Yards Bancorp, Inc. Announces Dividend, Payable on October 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors increased its cash dividend to $0.31 per common share. The dividend will be paid on October 1, 2024, to stockholders of record as of September 16, 2024.New Risk • Aug 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$515k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Aug 01Independent Director recently sold US$374k worth of stockOn the 26th of July, David Heintzman sold around 6k shares on-market at roughly US$62.28 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.5m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Jul 29Independent Director notifies of intention to sell stockDavid Heintzman intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of July. If the sale is conducted around the recent share price of US$63.60, it would amount to US$636k. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 143.19k. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Jul 25Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.94 (down from US$0.95 in 2Q 2023). Revenue: US$84.4m (up 4.0% from 2Q 2023). Net income: US$27.6m (flat on 2Q 2023). Profit margin: 33% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.Price Target Changed • Jul 24Price target increased by 9.2% to US$58.75Up from US$53.80, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$61.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.69 last year.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$57.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$80.56 per share.공시 • Jul 03Stock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 2000 Growth-Defensive IndexStock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 2000 Growth-Defensive IndexUpcoming Dividend • Jun 10Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 17 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.0%).Declared Dividend • May 24First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 17th June 2024 Payment date: 1st July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.7% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 23Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on July 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on July 1, 2024, to stockholders of record as of June 17, 2024.Reported Earnings • Apr 24First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.89 (down from US$1.00 in 1Q 2023). Revenue: US$81.9m (flat on 1Q 2023). Net income: US$25.9m (down 11% from 1Q 2023). Profit margin: 32% (down from 35% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Mar 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Allison Donovan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Mar 15Stock Yards Bancorp, Inc., Annual General Meeting, Apr 25, 2024Stock Yards Bancorp, Inc., Annual General Meeting, Apr 25, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect directors to serve until the next annual meeting of shareholders and until their respective successors are duly elected and qualified; to ratify the selection of FORVIS, LLP as the independent registered public accounting firm for Stock Yards Bancorp, Inc. for the year ending December 31, 2024; to approve a non-binding resolution to approve the compensation of Stock Yards Bancorp’s named executive officers; to approve the amendment and restatement of the 2015 Omnibus Equity Compensation Plan, including an increase in the number of shares of Common Stock reserved and available for issuance thereunder; and to consider other business matters.Upcoming Dividend • Mar 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (3.0%).Reported Earnings • Feb 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.69 (up from US$3.24 in FY 2022). Revenue: US$324.5m (up 4.3% from FY 2022). Net income: US$107.7m (up 16% from FY 2022). Profit margin: 33% (up from 30% in FY 2022). Net interest margin (NIM): 3.39% (up from 3.35% in FY 2022). Cost-to-income ratio: 54.8% (up from 53.6% in FY 2022). Non-performing loans: 0.33% (up from 0.29% in FY 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 23Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th March 2024 Payment date: 1st April 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (32% payout ratio) and is expected to be well covered in 3 years' time (35% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 4.3% over the next 2 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.공시 • Feb 21Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on April 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend will be paid on April 1, 2024, to stockholders of record as of March 18, 2024.Price Target Changed • Jan 25Price target increased by 9.0% to US$56.33Up from US$51.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of US$51.40. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.69 last year.공시 • Jan 24Stock Yards Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023Stock Yards Bancorp, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net loan charge-offs of $4,472,000 compared to $152,000 a year ago.분석 기사 • Jan 04With EPS Growth And More, Stock Yards Bancorp (NASDAQ:SYBT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Recent Insider Transactions • Dec 27Senior Executive VP & Director recently sold US$202k worth of stockOn the 21st of December, Kathy Thompson sold around 4k shares on-market at roughly US$50.59 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$284k. Insiders have been net sellers, collectively disposing of US$964k more than they bought in the last 12 months.Recent Insider Transactions • Dec 19CEO & Chairman of the Board recently sold US$284k worth of stockOn the 15th of December, James Hillebrand sold around 6k shares on-market at roughly US$51.14 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Dec 18CEO & Chairman of the Board exercised options and sold US$342k worth of stockOn the 13th of December, James Hillebrand exercised 16.43k options at around US$19.37, then sold 11k of the shares acquired at an average of US$50.87 per share and kept the remainder. For the year to December 2016, James' total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, James' direct individual holding has increased from 111.38k shares to 121.62k. Company insiders have collectively sold US$795k more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.5%).공시 • Nov 23Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 29, 2023Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend will be paid on December 29, 2023, to stockholders of record as of December 18, 2023.Recent Insider Transactions • Nov 17Senior Executive VP & Director recently sold US$227k worth of stockOn the 15th of November, Kathy Thompson sold around 5k shares on-market at roughly US$47.40 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$425k more than they bought in the last 12 months.Price Target Changed • Oct 29Price target decreased by 8.1% to US$48.25Down from US$52.50, the current price target is an average from 4 analysts. New target price is 25% above last closing price of US$38.64. Stock is down 51% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.24 last year.New Risk • Oct 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.이익 및 매출 성장 예측NasdaqGS:SYBT - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027493173N/AN/A412/31/2026453152N/AN/A43/31/2026399143146159N/A12/31/2025391140154166N/A9/30/2025379135122133N/A6/30/2025365128141150N/A3/31/2025353122135145N/A12/31/2024343115133143N/A9/30/2024332107145154N/A6/30/2024327105122131N/A3/31/2024324105107114N/A12/31/202332410899107N/A9/30/2023328114105114N/A6/30/2023330115123131N/A3/31/202332811496115N/A12/31/20223119390109N/A9/30/20222938893110N/A6/30/2022275826077N/A3/31/2022249607378N/A12/31/20212377598102N/A9/30/20212176898102N/A6/30/2021194599196N/A3/31/2021180688792N/A12/31/2020166597277N/A9/30/2020163585257N/A6/30/2020166606165N/A3/31/2020170645560N/A12/31/201917266N/A58N/A9/30/201916864N/A57N/A6/30/201916261N/A52N/A3/31/201915858N/A66N/A12/31/201815656N/A66N/A9/30/201814846N/A52N/A6/30/201814544N/A60N/A3/31/201814141N/A49N/A12/31/201713838N/A54N/A9/30/201714044N/A63N/A6/30/201713842N/A59N/A3/31/201713642N/A61N/A12/31/201613341N/A63N/A9/30/201613140N/A58N/A6/30/201612939N/A62N/A3/31/201612838N/A54N/A12/31/201512737N/A43N/A9/30/201512536N/A44N/A6/30/201512637N/A34N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SYBT 의 연간 예상 수익 증가율(11.1%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: SYBT 의 연간 수익(11.1%)이 US 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SYBT 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SYBT 의 수익(연간 11.7%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: SYBT 의 수익(연간 11.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SYBT의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 08:45종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Stock Yards Bancorp, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bryce RoweBairdStephen GeyenD.A. Davidson & Co.Brendan NosalHovde Group, LLC5명의 분석가 더 보기
분석 기사 • Jan 31Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Just Released Its Yearly Earnings: Here's What Analysts ThinkStock Yards Bancorp, Inc. ( NASDAQ:SYBT ) came out with its full-year results last week, and we wanted to see how the...
Price Target Changed • Dec 17Price target increased by 11% to US$78.80Up from US$71.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$76.17. Stock is up 49% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Price Target Changed • Dec 04Price target increased by 8.5% to US$74.40Up from US$68.60, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of US$78.62. Stock is up 67% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Price Target Changed • Nov 15Price target increased by 7.2% to US$69.80Up from US$65.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$73.25. Stock is up 57% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Price Target Changed • Jul 24Price target increased by 9.2% to US$58.75Up from US$53.80, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$61.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.69 last year.
Price Target Changed • Jan 25Price target increased by 9.0% to US$56.33Up from US$51.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of US$51.40. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.69 last year.
Declared Dividend • 11hFirst quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 15th June 2026 Payment date: 1st July 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.7% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 21Stock Yards Bancorp, Inc. announces Quarterly dividend, payable on July 01, 2026Stock Yards Bancorp, Inc. announced Quarterly dividend of USD 0.3200 per share payable on July 01, 2026, ex-date on June 15, 2026 and record date on June 15, 2026.
Reported Earnings • Apr 24First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.25 (up from US$1.13 in 1Q 2025). Revenue: US$101.4m (up 9.4% from 1Q 2025). Net income: US$36.6m (up 10.0% from 1Q 2025). Profit margin: 36% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
공시 • Mar 13Stock Yards Bancorp, Inc., Annual General Meeting, Apr 23, 2026Stock Yards Bancorp, Inc., Annual General Meeting, Apr 23, 2026.
Reported Earnings • Mar 03Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$4.77 (up from US$3.91 in FY 2024). Revenue: US$390.6m (up 14% from FY 2024). Net income: US$140.2m (up 22% from FY 2024). Profit margin: 36% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.53% (up from 3.31% in FY 2024). Cost-to-income ratio: 53.4% (down from 56.2% in FY 2024). Non-performing loans: 0.19% (down from 0.34% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
Declared Dividend • Mar 01Fourth quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 16th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (26% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 25Stock Yards Bancorp Declares Quarterly Cash Dividend of Common Share, Payable on April 1, 2026Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per common share. The dividend will be paid on April 1, 2026, to stockholders of record as of March 16, 2026.
분석 기사 • Jan 31Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Just Released Its Yearly Earnings: Here's What Analysts ThinkStock Yards Bancorp, Inc. ( NASDAQ:SYBT ) came out with its full-year results last week, and we wanted to see how the...
Reported Earnings • Jan 28Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$4.77 (up from US$3.91 in FY 2024). Revenue: US$390.6m (up 14% from FY 2024). Net income: US$140.2m (up 22% from FY 2024). Profit margin: 36% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.53% (up from 3.31% in FY 2024). Cost-to-income ratio: 53.4% (down from 56.2% in FY 2024). Non-performing loans: 0.19% (down from 0.34% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
공시 • Jan 28+ 1 more updateStock Yards Bancorp, Inc. (NasdaqGS:SYBT) entered into a definitive agreement to acquire Field & Main Bancorp, Inc. for approximately $100 million.Stock Yards Bancorp, Inc. (NasdaqGS:SYBT) entered into a definitive agreement to acquire Field & Main Bancorp, Inc. for approximately $100 million on January 27, 2026. Under the terms of the merger agreement, Field & Main shareholders will have the right to receive 0.6550 shares of Stock Yards common stock for each share of Field & Main common stock, with total consideration to consist of 100% stock. Based upon the closing price of Stock Yards’ common stock of $68.01 on January 26, 2026, the implied per share purchase price is $44.55, with an aggregate transaction value of approximately $105.7 million. Under the terms and subject to the conditions of the Merger Agreement, Stock Yards expects to appoint Scott P. Davis, a member of the Field & Main Board of Directors and Field & Main’s Chief Executive Officer, as a member of the Stock Yards Board of Directors and Stock Yards Bank Board of Directors. In addition, Scott Davis, who currently serves on Field & Main’s Board of Directors, is expected to be added to the Stock Yards Board following completion of the transaction. The transaction is expected to be 5.7% accretive to Stock Yards’ earnings per share once cost savings are fully phased in. The Merger Agreement provides certain termination rights for both Stock Yards and Field & Main and further provides that a termination fee of $4.5 million will be payable by Field & Main to Stock Yards upon termination of the Merger Agreement. Following the transaction, Field & Main and its dedicated employees would join Stock Yards team. The transaction is subject to the satisfaction of customary conditions, including (i) receipt of the Field & Main Shareholder Approval, (ii) authorization for listing of the shares of common stock, no par value, of Stock Yards (“ Stock Yards Common Stock ”) to be issued in the Merger on the NASDAQ Stock Market, (iii) the receipt of required regulatory approvals, including the approval of the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Kentucky Department of Financial Institutions, (iv) effectiveness of the registration statement on Form S-4 for the Stock Yards Common Stock to be issued in the merger, (v) the absence of any order, injunction or other legal restraint preventing or making illegal the completion of the Merger or any of the other transactions contemplated by the Merger Agreement, and (vi) receipt by Stock Yards and Field & Main of an opinion from counsel to Stock Yards to the effect that the Merger and the Upstream Merger and is anticipated to be completed in the second quarter of 2026. Stephens Inc. acted as financial advisor for Stock Yards Bancorp, Inc. James Giesel and William N. Jones of FBT Gibbons LLP acted as legal advisor for Stock Yards Bancorp, Inc. Raymond James & Associates, Inc. acted as financial advisor for Field & Main Bancorp, Inc. J. David Smith of Stoll Keenon Ogden PLLC acted as legal advisor for Field & Main Bancorp, Inc.
공시 • Dec 09Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company Announces Executive ChangesStock Yards Bancorp, Inc. announced that William J. Otten will be promoted to Executive Vice President and Chief Credit Officer of Stock Yards Bancorp and Stock Yards Bank & Trust Company, effective April 1, 2026. This promotion follows William M. Dishman's decision to transition from his current role as Executive Vice President and Chief Credit Officer to Senior Credit Advisor on April 1, 2026, before retiring completely on October 15, 2026. Otten brings over 35 years of banking experience to his new role as Chief Credit Officer. He joined Stock Yards Bank in 2007 and has served as Director of Commercial Banking since 2014, driving commercial growth across the Company's regional footprint. Previously, he held leadership positions at Fifth Third Bank from 1987 to 2004 and Old National Bank from 2004 to 2007, including roles as Commercial Team Lead and Vice President and Senior Vice President of Commercial Banking. The Company also announced that John Hanks has been promoted to Director of Commercial Lending at Stock Yards Bank & Trust Company, bringing more than 35 years of banking experience to the role. He began his career in the management training program at Liberty National Bank and continued with its successor, Chase Bank, for nearly 15 years before joining Stock Yards Bank in 2004 as a Commercial Loan Officer. In 2017, Hanks was promoted to Division Manager in the Commercial Lending Department. A graduate of the University of Louisville, Hanks earned both a Bachelor of Science in Business Administration in 1989 and an MBA in 1994. William M. Dishman will transition from his role as Executive Vice President and Chief Credit Officer to Senior Credit Advisor on April 1, 2026, and retire on October 15, 2026. The Company also announced that John Hanks has been promoted to Director of Commercial Lending at Stock Yards Bank & Trust Company, bringing more than 35 years of banking experience to the role. He began his career in the management training program at Liberty National Bank and continued with its successor, Chase Bank, for nearly 15 years before joining Stock Yards Bank in 2004 as a Commercial Loan Officer. In 2017, Hanks was promoted to Division Manager in the Commercial Lending Department. A graduate of the University of Louisville, Hanks earned both a Bachelor of Science in Business Administration (1989) and an MBA (1994).
Upcoming Dividend • Dec 08Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%).
공시 • Dec 02Stock Yards Bancorp, Inc. Appoints Rick Seadler as Bowling Green Market PresidentStock Yards Bancorp, Inc. has appointed Rick Seadler as Bowling Green Market President for company. With more than 35 years of banking experience, he has also held leadership roles in Louisville, Ky. and Nashville, Tenn. at Commerce Bank and National City Bank (PNC). Committed to the Bowling Green community, he has held leadership positions with the Bowling Green Area Chamber of Commerce, the WKU Foundation, the Hilltopper Athletic Foundation, Leadership Bowling Green 2000 class and the Capital Arts Alliance. A native of Louisville, Seadler holds a Bachelor of Science in Business Administration from Bellarmine University.
Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Director David Hardy was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Nov 21Third quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 1.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (27% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 19Stock Yards Bancorp Declares Quarterly Cash Dividend of Common Share, Payable on December 31, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per common share. The dividend will be paid on December 31, 2025, to stockholders of record as of December 15, 2025.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.23 (up from US$1.00 in 3Q 2024). Revenue: US$99.5m (up 17% from 3Q 2024). Net income: US$36.2m (up 23% from 3Q 2024). Profit margin: 36% (up from 34% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.5%).
분석 기사 • Sep 03Stock Yards Bancorp (NASDAQ:SYBT) Is Increasing Its Dividend To $0.32Stock Yards Bancorp, Inc. ( NASDAQ:SYBT ) has announced that it will be increasing its periodic dividend on the 1st of...
공시 • Sep 03Stock Yards Bancorp, Inc. Appoints Michael W. Woods as Principal Accounting Officer, Effective September 3, 2025Stock Yards Bancorp, Inc. announced that Michael W. Woods has joined the Company as Principal Accounting Officer effective September 3, 2025. Michael Woods is a Certified Public Accountant with over 25 years of experience in financial reporting, internal control, and strategic planning. Before joining the Company, Mr. Woods served as SVP and Corporate Controller at Old National Bancorp starting in 2017, and held the role of Principal Accounting Officer of Old National Bancorp from 2017 to 2022. Before joining Old National Bancorp, Mr. Woods served in various financial and accounting roles at FirstMerit Corporation, KeyCorp, and other financial institutions, including as Co-Acting Corporate Controller of FirstMerit. Mr. Woods holds a bachelor’s degree in business administration from The Ohio State University, and earned his CPA in 1993.
Buy Or Sell Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock has risen 9.0% to US$80.15. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 6.7% in the next year.
Recent Insider Transactions Derivative • Aug 28CEO & Chairman of the Board exercised options and sold US$326k worth of stockOn the 27th of August, James Hillebrand exercised 8k options at a strike price of around US$40.00 and sold these shares for an average price of US$83.02 per share. This trade did not impact their existing holding. For the year to December 2018, James' total compensation was 31% salary and 69% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, James' direct individual holding has increased from 130.38k shares to 132.74k. Company insiders have collectively sold US$6.6m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Aug 22Second quarter dividend increased to US$0.32Dividend of US$0.32 is 3.2% higher than last year. Ex-date: 15th September 2025 Payment date: 1st October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Aug 22Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company Appoint David L. Hardy to its Boards of Directors, Effective October 21, 2025Stock Yards Bancorp, Inc., parent company of Stock Yards Bank & Trust Company on August 22, 2025 announced that David L. Hardy has been appointed to the Boards of Directors for both the Company and the Bank, effective October 21, 2025. Mr. Hardy has been the Managing Director for CBRE’s Kentucky operations since 2005 while also serving as a producer and team leader for the office properties division. Mr. Hardy has been brokering office properties and advising clients in the Louisville market since 1988. He has handled the sale and leasing of several office buildings in the region and has represented many of Louisville’s prominent companies in real estate transactions. Mr. Hardy currently serves as Vice Chairman of the Board of Trustees for St. Xavier High School and is a member of the Board of Governors for Louisville Country Club. In addition, he previously served as Chairman of the Board of Trustees of the Leadership Louisville Center, was former Vice Chairman of the Board of Trustees of Sacred Heart Schools and previously served as a member of the Board of Trustees of Greater Louisville, Inc. (GLI). He formerly served as President of the Kentucky CCIM (Certified Commercial Investment Member) Chapter and as President of the Greater Louisville Association of Realtors Commercial Division.
공시 • Aug 20Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on October 1, 2025Stock Yards Bancorp, Inc. announced that its board of directors increased its quarterly cash dividend to $0.32 per common share. The dividend will be paid on October 1, 2025, to stockholders of record as of September 15, 2025.
Reported Earnings • Jul 24Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.16 (up from US$0.94 in 2Q 2024). Revenue: US$95.6m (up 13% from 2Q 2024). Net income: US$34.0m (up 23% from 2Q 2024). Profit margin: 36% (up from 33% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
분석 기사 • Jul 11Do Stock Yards Bancorp's (NASDAQ:SYBT) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Buy Or Sell Opportunity • Jul 09Now 21% undervaluedOver the last 90 days, the stock has risen 26% to US$80.47. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 6.0% in the next year.
Recent Insider Transactions Derivative • Jun 26Executive VP exercised options and sold US$226k worth of stockOn the 24th of June, T. Stinnett exercised 6.87k options at around US$25.76, then sold 4k of the shares acquired at an average of US$77.35 per share and kept the remainder. Since September 2024, Stinnett's direct individual holding has increased from 74.07k shares to 75.33k. Company insiders have collectively sold US$8.8m more than they bought, via options and on-market transactions in the last 12 months.
공시 • Jun 13Stock Yards Bancorp, Inc. Announces Intent to Retire of David P. Heintzman as an Independent Member of the Board of DirectorsStock Yards Bancorp, Inc. announced that On June 10, 2025, David P. Heintzman, an independent member of the Board of Directors, notified the Board of his intent to retire as a director of the Company, effective upon the conclusion of the Board’s next regularly scheduled meeting on July 15, 2025. Mr. Heintzman joined Stock Yards Bank & Trust Company in 1985 and held a series of executive positions, including Chief Financial Officer, Executive Vice President and President. Mr. Heintzman served as Chief Executive Officer from 2005 until his retirement from that role in 2018. Mr. Heintzman has served as a director of the Company since 1992, including service as Chairman of the Board. The Company and the Board express their gratitude and appreciation for Mr. Heintzman’s 40 years of dedicated service and invaluable contributions.
Recent Insider Transactions • Jun 12Insider recently sold US$316k worth of stockOn the 10th of June, Michael Croce sold around 4k shares on-market at roughly US$77.06 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$372k. Insiders have been net sellers, collectively disposing of US$4.2m more than they bought in the last 12 months.
Upcoming Dividend • Jun 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.7%).
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Allison Donovan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 23First quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 16th June 2025 Payment date: 1st July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.7% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 21Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 1, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on July 1, 2025, to stockholders of record as of June 16, 2025.
Recent Insider Transactions Derivative • May 13Independent Director notifies of intention to sell stockLaura Wells intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of May. If the sale is conducted around the recent share price of US$78.00, it would amount to US$390k. Since September 2024, Laura's direct individual holding has increased from 18.23k shares to 19.19k. Company insiders have collectively sold US$7.7m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Apr 30Independent Director recently sold US$372k worth of stockOn the 28th of April, David Heintzman sold around 5k shares on-market at roughly US$74.48 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.0m more than they bought in the last 12 months.
Reported Earnings • Apr 23First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$1.13 (up from US$0.89 in 1Q 2024). Revenue: US$92.6m (up 13% from 1Q 2024). Net income: US$33.3m (up 28% from 1Q 2024). Profit margin: 36% (up from 32% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
분석 기사 • Apr 09With EPS Growth And More, Stock Yards Bancorp (NASDAQ:SYBT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공시 • Mar 20Stock Yards Bancorp, Inc. Announces Executive ChangesOn March 14, 2025, Stock Yards Bancorp, Inc., the holding company for Stock Yards Bank & Trust Company, appointed T. Clay Stinnett as the Company’s principal accounting officer, effective as of March 14, 2025. Mr. Stinnett, age 51, has served as the Executive Vice President, Treasurer and Chief Financial Officer of the Company and the Bank since 2019. Mr. Stinnett will continue to be responsible for overseeing a range of areas, including general accounting; SEC, regulatory and internal management reporting; the Bank’s treasury function; and budgeting. Mr. Stinnett previously served as Executive Vice President and Chief Strategic Officer of the Company and the Bank from 2011 to 2019, and Senior Vice President and Chief Strategic Officer of the Bank from 2005 to 2011. Mr. Stinnett joined the Bank in 2000 as Vice President-Finance. The appointment of Mr. Stinnett was made in connection with the departure of Michael B. Newton, who notified the Company of his resignation as Senior Vice President and Principal Accounting Officer, effective March 14, 2025. Mr. Newton’s departure is not due to any disagreement on any matter relating to the Company’s financial statements, internal control over financial reporting, operations, policies, or practices.
Upcoming Dividend • Mar 10Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.8%).
Reported Earnings • Mar 03Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.91 (up from US$3.69 in FY 2023). Revenue: US$342.5m (up 5.6% from FY 2023). Net income: US$114.5m (up 6.3% from FY 2023). Profit margin: 33% (in line with FY 2023). Net interest margin (NIM): 3.31% (down from 3.39% in FY 2023). Cost-to-income ratio: 56.2% (up from 54.8% in FY 2023). Non-performing loans: 0.34% (up from 0.33% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.
공시 • Mar 01Stock Yards Bancorp, Inc., Annual General Meeting, Apr 24, 2025Stock Yards Bancorp, Inc., Annual General Meeting, Apr 24, 2025.
Declared Dividend • Feb 21Fourth quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 17th March 2025 Payment date: 1st April 2025 Dividend yield will be 1.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 19Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 1, 2025Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.
Recent Insider Transactions Derivative • Feb 07Independent Director notifies of intention to sell stockLaura Wells intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of January. If the sale is conducted around the recent share price of US$78.00, it would amount to US$312k. Since September 2024, Laura's direct individual holding has increased from 18.23k shares to 19.19k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Jan 29Executive VP & Chief Credit Officer exercised options and sold US$232k worth of stockOn the 24th of January, William Dishman exercised 7.17k options at around US$25.76, then sold 5k of the shares acquired at an average of US$75.00 per share and kept the remainder. Since March 2024, William's direct individual holding has decreased from 45.32k shares to 42.32k. Company insiders have collectively sold US$7.6m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Jan 23Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.91 (up from US$3.69 in FY 2023). Revenue: US$342.5m (up 5.6% from FY 2023). Net income: US$114.5m (up 6.3% from FY 2023). Profit margin: 33% (in line with FY 2023). Net interest margin (NIM): 3.31% (down from 3.39% in FY 2023). Cost-to-income ratio: 56.2% (up from 54.8% in FY 2023). Non-performing loans: 0.34% (up from 0.33% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.
Seeking Alpha • Dec 31Stock Yards Bancorp: Earnings Outlook Rosy Thanks To Expected Growth Of Loans, MarginSummary Stock Yards Bancorp's average loan yield is stickier than the average deposit cost; therefore, the margin will benefit in a falling interest-rate environment. The robust residential loan segment will keep total loan growth in double digits. However, the commercial segment will likely weaken. The December 2025 target price suggests a double-digit price upside. Further, SYBT is offering a low dividend yield of 1.7%. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Dec 22Independent Director notifies of intention to sell stockLaura Wells intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of December. If the sale is conducted around the recent share price of US$78.00, it would amount to US$312k. Since December 2023, Laura's direct individual holding has increased from 16.24k shares to 18.23k. Company insiders have collectively sold US$7.4m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Dec 17Price target increased by 11% to US$78.80Up from US$71.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$76.17. Stock is up 49% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Upcoming Dividend • Dec 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.5%).
Price Target Changed • Dec 04Price target increased by 8.5% to US$74.40Up from US$68.60, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of US$78.62. Stock is up 67% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Recent Insider Transactions Derivative • Nov 27Independent Director exercised options and sold US$526k worth of stockOn the 25th of November, David Heintzman exercised 12.88k options at around US$35.90, then sold 13k of the shares acquired at an average of US$77.61 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 108.22k. Company insiders have collectively sold US$8.1m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Nov 22Third quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 20Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024.
Price Target Changed • Nov 15Price target increased by 7.2% to US$69.80Up from US$65.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$73.25. Stock is up 57% over the past year. The company is forecast to post earnings per share of US$3.81 for next year compared to US$3.69 last year.
Recent Insider Transactions • Nov 14Independent Director recently sold US$614k worth of stockOn the 12th of November, David Heintzman sold around 8k shares on-market at roughly US$76.75 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$660k. Insiders have been net sellers, collectively disposing of US$3.2m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$76.87, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$103 per share.
Recent Insider Transactions Derivative • Nov 08Independent Director exercised options and sold US$449k worth of stockOn the 6th of November, David Heintzman exercised 13.27k options at around US$40.00, then sold 13k of the shares acquired at an average of US$74.79 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 125.90k. Company insiders have collectively sold US$5.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Oct 30Independent Director recently sold US$660k worth of stockOn the 28th of October, David Heintzman sold around 10k shares on-market at roughly US$66.00 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Oct 28Independent Director notifies of intention to sell stockDavid Heintzman intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of October. If the sale is conducted around the recent share price of US$65.00, it would amount to US$650k. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 135.90k. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.00 (up from US$0.93 in 3Q 2023). Revenue: US$85.5m (up 5.3% from 3Q 2023). Net income: US$29.4m (up 8.4% from 3Q 2023). Profit margin: 34% (in line with 3Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Sep 25Independent Director exercised options and sold US$329k worth of stockOn the 19th of September, David Heintzman exercised 8.80k options at around US$25.76, then sold 9k of the shares acquired at an average of US$64.19 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 136.67k. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Sep 09Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.9%).
Recent Insider Transactions Derivative • Aug 28Independent Director exercised options and sold US$336k worth of stockOn the 23rd of August, David Heintzman exercised 10.00k options at around US$25.76, then sold 10k of the shares acquired at an average of US$59.93 per share and kept the remainder. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 136.49k. Company insiders have collectively sold US$4.1m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Aug 23Second quarter dividend increased to US$0.31Dividend of US$0.31 is 3.3% higher than last year. Ex-date: 16th September 2024 Payment date: 1st October 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.1% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Aug 21Stock Yards Bancorp, Inc. Announces Dividend, Payable on October 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors increased its cash dividend to $0.31 per common share. The dividend will be paid on October 1, 2024, to stockholders of record as of September 16, 2024.
New Risk • Aug 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$515k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Aug 01Independent Director recently sold US$374k worth of stockOn the 26th of July, David Heintzman sold around 6k shares on-market at roughly US$62.28 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.5m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Jul 29Independent Director notifies of intention to sell stockDavid Heintzman intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of July. If the sale is conducted around the recent share price of US$63.60, it would amount to US$636k. Since December 2023, David's direct individual holding has decreased from 149.40k shares to 143.19k. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Jul 25Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.94 (down from US$0.95 in 2Q 2023). Revenue: US$84.4m (up 4.0% from 2Q 2023). Net income: US$27.6m (flat on 2Q 2023). Profit margin: 33% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
Price Target Changed • Jul 24Price target increased by 9.2% to US$58.75Up from US$53.80, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$61.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.69 last year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$57.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$80.56 per share.
공시 • Jul 03Stock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 2000 Growth-Defensive IndexStock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 2000 Growth-Defensive Index
Upcoming Dividend • Jun 10Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 17 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.0%).
Declared Dividend • May 24First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 17th June 2024 Payment date: 1st July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.7% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 23Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on July 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on July 1, 2024, to stockholders of record as of June 17, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.89 (down from US$1.00 in 1Q 2023). Revenue: US$81.9m (flat on 1Q 2023). Net income: US$25.9m (down 11% from 1Q 2023). Profit margin: 32% (down from 35% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Mar 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Allison Donovan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Mar 15Stock Yards Bancorp, Inc., Annual General Meeting, Apr 25, 2024Stock Yards Bancorp, Inc., Annual General Meeting, Apr 25, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect directors to serve until the next annual meeting of shareholders and until their respective successors are duly elected and qualified; to ratify the selection of FORVIS, LLP as the independent registered public accounting firm for Stock Yards Bancorp, Inc. for the year ending December 31, 2024; to approve a non-binding resolution to approve the compensation of Stock Yards Bancorp’s named executive officers; to approve the amendment and restatement of the 2015 Omnibus Equity Compensation Plan, including an increase in the number of shares of Common Stock reserved and available for issuance thereunder; and to consider other business matters.
Upcoming Dividend • Mar 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (3.0%).
Reported Earnings • Feb 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.69 (up from US$3.24 in FY 2022). Revenue: US$324.5m (up 4.3% from FY 2022). Net income: US$107.7m (up 16% from FY 2022). Profit margin: 33% (up from 30% in FY 2022). Net interest margin (NIM): 3.39% (up from 3.35% in FY 2022). Cost-to-income ratio: 54.8% (up from 53.6% in FY 2022). Non-performing loans: 0.33% (up from 0.29% in FY 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 23Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th March 2024 Payment date: 1st April 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (32% payout ratio) and is expected to be well covered in 3 years' time (35% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 4.3% over the next 2 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.
공시 • Feb 21Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on April 1, 2024Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend will be paid on April 1, 2024, to stockholders of record as of March 18, 2024.
Price Target Changed • Jan 25Price target increased by 9.0% to US$56.33Up from US$51.67, the current price target is an average from 3 analysts. New target price is 9.6% above last closing price of US$51.40. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.69 last year.
공시 • Jan 24Stock Yards Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023Stock Yards Bancorp, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net loan charge-offs of $4,472,000 compared to $152,000 a year ago.
분석 기사 • Jan 04With EPS Growth And More, Stock Yards Bancorp (NASDAQ:SYBT) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Recent Insider Transactions • Dec 27Senior Executive VP & Director recently sold US$202k worth of stockOn the 21st of December, Kathy Thompson sold around 4k shares on-market at roughly US$50.59 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$284k. Insiders have been net sellers, collectively disposing of US$964k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 19CEO & Chairman of the Board recently sold US$284k worth of stockOn the 15th of December, James Hillebrand sold around 6k shares on-market at roughly US$51.14 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Dec 18CEO & Chairman of the Board exercised options and sold US$342k worth of stockOn the 13th of December, James Hillebrand exercised 16.43k options at around US$19.37, then sold 11k of the shares acquired at an average of US$50.87 per share and kept the remainder. For the year to December 2016, James' total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, James' direct individual holding has increased from 111.38k shares to 121.62k. Company insiders have collectively sold US$795k more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per share at 2.5% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.5%).
공시 • Nov 23Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 29, 2023Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend will be paid on December 29, 2023, to stockholders of record as of December 18, 2023.
Recent Insider Transactions • Nov 17Senior Executive VP & Director recently sold US$227k worth of stockOn the 15th of November, Kathy Thompson sold around 5k shares on-market at roughly US$47.40 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$425k more than they bought in the last 12 months.
Price Target Changed • Oct 29Price target decreased by 8.1% to US$48.25Down from US$52.50, the current price target is an average from 4 analysts. New target price is 25% above last closing price of US$38.64. Stock is down 51% over the past year. The company is forecast to post earnings per share of US$3.72 for next year compared to US$3.24 last year.
New Risk • Oct 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.