Stock Yards Bancorp Future Growth

Future criteria checks 2/6

Stock Yards Bancorp is forecast to grow earnings and revenue by 4.4% and 6.4% per annum respectively. EPS is expected to grow by 4% per annum. Return on equity is forecast to be 11.2% in 3 years.

Key information

4.4%

Earnings growth rate

4.0%

EPS growth rate

Banks earnings growth	0.4%
Revenue growth rate	6.4%
Future return on equity	11.2%
Analyst coverage	Good
Last updated	02 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:S4Y - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	378	114	N/A	N/A	1
12/31/2025	367	114	N/A	N/A	5
12/31/2024	346	109	N/A	N/A	5
6/30/2024	327	105	122	131	N/A
3/31/2024	324	105	107	114	N/A
12/31/2023	324	108	99	107	N/A
9/30/2023	328	114	105	114	N/A
6/30/2023	330	115	123	131	N/A
3/31/2023	328	114	96	115	N/A
12/31/2022	311	93	90	109	N/A
9/30/2022	293	88	93	110	N/A
6/30/2022	275	82	60	77	N/A
3/31/2022	249	60	73	78	N/A
12/31/2021	237	75	98	102	N/A
9/30/2021	217	68	98	102	N/A
6/30/2021	194	59	91	96	N/A
3/31/2021	180	68	87	92	N/A
12/31/2020	166	59	72	77	N/A
9/30/2020	163	58	52	57	N/A
6/30/2020	166	60	61	65	N/A
3/31/2020	170	64	55	60	N/A
12/31/2019	172	66	53	58	N/A
9/30/2019	168	64	51	57	N/A
6/30/2019	162	61	44	52	N/A
3/31/2019	158	58	58	66	N/A
12/31/2018	156	56	59	66	N/A
9/30/2018	148	46	46	52	N/A
6/30/2018	145	44	56	60	N/A
3/31/2018	141	41	N/A	49	N/A
12/31/2017	138	38	N/A	54	N/A
9/30/2017	140	44	N/A	63	N/A
6/30/2017	138	42	N/A	59	N/A
3/31/2017	136	42	N/A	61	N/A
12/31/2016	133	41	N/A	63	N/A
9/30/2016	131	40	N/A	58	N/A
6/30/2016	129	39	N/A	62	N/A
3/31/2016	128	38	N/A	54	N/A
12/31/2015	127	37	N/A	43	N/A
9/30/2015	125	36	N/A	44	N/A
6/30/2015	126	37	N/A	34	N/A
3/31/2015	124	36	N/A	39	N/A
12/31/2014	122	35	N/A	40	N/A
9/30/2014	120	32	N/A	40	N/A
6/30/2014	115	30	N/A	51	N/A
3/31/2014	113	29	N/A	43	N/A
12/31/2013	109	27	N/A	58	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: S4Y's forecast earnings growth (4.4% per year) is above the savings rate (0.8%).

Earnings vs Market: S4Y's earnings (4.4% per year) are forecast to grow slower than the German market (20.2% per year).

High Growth Earnings: S4Y's earnings are forecast to grow, but not significantly.

Revenue vs Market: S4Y's revenue (6.4% per year) is forecast to grow faster than the German market (5.4% per year).

High Growth Revenue: S4Y's revenue (6.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: S4Y's Return on Equity is forecast to be low in 3 years time (11.2%).

Stock Yards Bancorp Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

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

Stock Yards Bancorp, Inc. Elects Laura L. Wells to the Boards of Directors

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 1, 2022

First quarter 2022 earnings released: EPS: US$0.29 (vs US$1.00 in 1Q 2021)

Upcoming dividend of US$0.28 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Stock Yards Bancorp, Inc., Annual General Meeting, Apr 28, 2022

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on April 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Senior EVP & Director recently sold €92k worth of stock

Director recently sold €569k worth of stock

Third quarter 2021 earnings released: EPS US$0.87 (vs US$0.64 in 3Q 2020)

Third quarter 2021 earnings released: EPS US$0.87 (vs US$0.64 in 3Q 2020)

Director recently sold €231k worth of stock

President recently sold €165k worth of stock

Stock Yards Bancorp, Inc. (NasdaqGS:SYBT) signed an agreement to acquire Commonwealth Bancshares, Inc. for approximately $150 million.

Second quarter 2021 earnings released: EPS US$0.17 (vs US$0.59 in 2Q 2020)

Stock Yards Bancorp, Inc. (NasdaqGS:SYBT) completed the acquisition of Kentucky Bancshares, Inc. (OTCPK:KTYB).

Stock Yards Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on July 1, 2021

First quarter 2021 earnings released: EPS US$1.00 (vs US$0.59 in 1Q 2020)

Stock Yards Bancorp, Inc. Records Net Loan Charge-Offs for the First Quarter of 2021

CEO & Chairman of the Board recently sold €225k worth of stock