How does S4Y's PE Ratio compare to its peers?

S4Y is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (9x).

How does S4Y's PE Ratio compare vs other companies in the European Banks Industry?

S4Y is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the European Banks industry average (7.4x).

What is S4Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

S4Y is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (10.2x).

What is the Fair Price of S4Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

S4Y (€70) is trading below our estimate of [[fair value]] (€114.49)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

Stock Yards Bancorp (DB:S4Y) - Stock Price, News & Analysis

S4Y Stock Overview

Operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. More details

S4Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 38.9% below our estimate of its fair value

Earnings are forecast to grow 8.57% per year

Risk Analysis

Significant insider selling over the past 3 months

Stock Yards Bancorp, Inc. Competitors

ProCredit Holding

XTRA:PCZ

€461.8m

Commerzbank

XTRA:CBK

€18.5b

77 Bank

TSE:8341

JP¥327.3b

Enterprise Financial Services

NasdaqGS:EFSC

US$2.2b

Price History & Performance

Summary of all time highs, changes and price drops for Stock Yards Bancorp
Historical stock prices
Current Share Price	US$70.00
52 Week High	US$72.00
52 Week Low	US$38.80
Beta	0.82
11 Month Change	14.75%
3 Month Change	32.08%
1 Year Change	67.46%
33 Year Change	28.44%
5 Year Change	n/a
Change since IPO	117.39%

Recent updates

Shareholder Returns

	S4Y	DE Banks	DE Market
7D	1.4%	-0.6%	-1.3%
1Y	67.5%	21.8%	7.4%

Return vs Industry: S4Y exceeded the German Banks industry which returned 21.8% over the past year.

Return vs Market: S4Y exceeded the German Market which returned 7.4% over the past year.

Price Volatility

Is S4Y's price volatile compared to industry and market?
S4Y volatility
S4Y Average Weekly Movement	6.0%
Banks Industry Average Movement	3.0%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: S4Y has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: S4Y's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1904	1,068	Ja Hillebrand	www.syb.com

Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, and other banking services.

Stock Yards Bancorp, Inc. Fundamentals Summary

How do Stock Yards Bancorp's earnings and revenue compare to its market cap?
S4Y fundamental statistics
Market cap	€2.07b
Earnings (TTM)	€102.05m
Revenue (TTM)	€317.07m

20.3x

P/E Ratio

2.3x

P/B Ratio

Is S4Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S4Y income statement (TTM)
Revenue	US$331.81m
Cost of Revenue	US$0
Gross Profit	US$331.81m
Other Expenses	US$225.02m
Earnings	US$106.79m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.63
Gross Margin	100.00%
Net Profit Margin	32.18%
Debt/Equity Ratio	54.6%

How did S4Y perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

33%

Payout Ratio

S4Y Stock Overview

Rewards

Risk Analysis

Stock Yards Bancorp, Inc. Competitors

XTRA:PCZ

€461.8m

XTRA:CBK

€18.5b

TSE:8341

JP¥327.3b

NasdaqGS:EFSC

US$2.2b

Price History & Performance

Recent News & Updates

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2024

Independent Director recently sold €579k worth of stock

Investor sentiment improves as stock rises 22%

Independent Director recently sold €610k worth of stock

Third quarter 2024 earnings released: EPS: US$1.00 (vs US$0.93 in 3Q 2023)

Upcoming dividend of US$0.31 per share

Recent updates

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2024

Independent Director recently sold €579k worth of stock

Investor sentiment improves as stock rises 22%

Independent Director recently sold €610k worth of stock

Third quarter 2024 earnings released: EPS: US$1.00 (vs US$0.93 in 3Q 2023)

Upcoming dividend of US$0.31 per share

Second quarter dividend of US$0.31 announced

Stock Yards Bancorp, Inc. Announces Dividend, Payable on October 1, 2024

Independent Director recently sold €344k worth of stock

Second quarter 2024 earnings released: EPS: US$0.94 (vs US$0.95 in 2Q 2023)

Investor sentiment improves as stock rises 16%

Stock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 2000 Growth-Defensive Index

Upcoming dividend of US$0.30 per share

First quarter dividend of US$0.30 announced

Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on July 1, 2024

First quarter 2024 earnings released: EPS: US$0.89 (vs US$1.00 in 1Q 2023)

High number of new directors

Stock Yards Bancorp, Inc., Annual General Meeting, Apr 25, 2024

Upcoming dividend of US$0.30 per share

Full year 2023 earnings released: EPS: US$3.69 (vs US$3.24 in FY 2022)

Fourth quarter dividend of US$0.30 announced

Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on April 1, 2024

Full year 2023 earnings released: EPS: US$3.69 (vs US$3.24 in FY 2022)

Stock Yards Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

CEO & Chairman of the Board recently sold €261k worth of stock

Upcoming dividend of US$0.30 per share at 2.5% yield

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 29, 2023

Senior Executive VP & Director recently sold €209k worth of stock

Third quarter 2023 earnings released: EPS: US$0.93 (vs US$0.98 in 3Q 2022)

Upcoming dividend of US$0.30 per share at 2.7% yield

Stock Yards Bancorp, Inc. Announces Management Changes

Second quarter 2023 earnings released: EPS: US$0.95 (vs US$0.92 in 2Q 2022)

Stock Yards Bancorp, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Upcoming dividend of US$0.29 per share at 2.4% yield

Investor sentiment improves as stock rises 16%

Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on July 3, 2023

First quarter 2023 earnings released: EPS: US$1.00 (vs US$0.29 in 1Q 2022)

Upcoming dividend of US$0.29 per share at 2.2% yield

Full year 2022 earnings released: EPS: US$3.24 (vs US$3.00 in FY 2021)

Full year 2022 earnings released: EPS: US$3.24 (vs US$3.00 in FY 2021)

Now 23% undervalued after recent price drop

Upcoming dividend of US$0.29 per share

Independent Director recently bought €61k worth of stock

Stock Yards Bancorp Declares Quarterly Cash Dividend, Payable on December 30, 2022

Director recently sold €128k worth of stock

Stock Yards Bancorp Names Allison J. Donovan to the Boards of Directors of the Company and Stock Yards Bank & Trust

Now 21% undervalued

Independent Director recently sold €78k worth of stock

Third quarter 2022 earnings released: EPS: US$0.98 (vs US$0.88 in 3Q 2021)

Upcoming dividend of US$0.29 per share

Stock Yards Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on October 3, 2022

Director recently sold €67k worth of stock

Director recently sold €366k worth of stock

Second quarter 2022 earnings released: EPS: US$0.92 (vs US$0.17 in 2Q 2021)

President & Director recently sold €180k worth of stock

Stock Yards Bancorp, Inc.(NasdaqGS:SYBT) dropped from Russell 3000E Index

Upcoming dividend of US$0.28 per share

Director recently sold €280k worth of stock

Director recently sold €388k worth of stock