Stock Yards Bancorp (SYBT)


Market Price (8/24/2026): $81.94 | Market Cap: $2.5 BilSector: Financials | Industry: Regional Banks

Stock Yards Bancorp (SYBT)


Market Price (8/24/2026): $81.94
Market Cap: $2.5 Bil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 5.9%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 35%

Low stock price volatility
Vol 12M is 26%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.

Key risks
SYBT key risks include [1] its high dependence on net interest income, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 5.9%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 35%
3 Low stock price volatility
Vol 12M is 26%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.
5 Key risks
SYBT key risks include [1] its high dependence on net interest income, Show more.

SYBT in ETFs

Weight = SYBT's share of each fund

VTI0.00%
ITOT0.00%
IWM0.07%
VIG0.01%
VYM0.01%
KRE0.45%
IWN0.11%
VTWO0.07%
+8 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

Stock Yards Bancorp (SYBT) stock has gained about 15% since 4/30/2026 because of the following key factors:

1. Stock Yards Bancorp reported record financial results for fiscal Q2 2026 (ended June 30, 2026), significantly surpassing analyst expectations. The company announced net income of $40.1 million, or $1.31 per diluted share, exceeding consensus estimates that ranged from $1.08 to $1.25 per share. Additionally, revenue for the quarter reached $114.6 million, beating the analyst consensus of approximately $111.66 million. These strong results demonstrated a year-over-year increase in diluted earnings per share of 13.9% from $1.15 in fiscal Q2 2025.

2. The successful completion of the Field & Main Bancorp acquisition on May 1, 2026, substantially expanded Stock Yards Bancorp's assets and market presence. This merger added over $800 million in bank assets and contributed to a notable increase in wealth management & trust assets under management. As a direct result, Stock Yards Bancorp's total assets grew to $10.37 billion, loans reached $7.88 billion, and total deposits hit $8.49 billion by June 30, 2026. This strategic acquisition played a key role in the increased net interest income and non-interest income reported for the quarter.

Show more
Updated on 8/1/2026

Stock Yards Bancorp (SYBT) stock has gained about 15% since 4/30/2026 because of the following key factors:

1. Stock Yards Bancorp reported record financial results for fiscal Q2 2026 (ended June 30, 2026), significantly surpassing analyst expectations. The company announced net income of $40.1 million, or $1.31 per diluted share, exceeding consensus estimates that ranged from $1.08 to $1.25 per share. Additionally, revenue for the quarter reached $114.6 million, beating the analyst consensus of approximately $111.66 million. These strong results demonstrated a year-over-year increase in diluted earnings per share of 13.9% from $1.15 in fiscal Q2 2025.

2. The successful completion of the Field & Main Bancorp acquisition on May 1, 2026, substantially expanded Stock Yards Bancorp's assets and market presence. This merger added over $800 million in bank assets and contributed to a notable increase in wealth management & trust assets under management. As a direct result, Stock Yards Bancorp's total assets grew to $10.37 billion, loans reached $7.88 billion, and total deposits hit $8.49 billion by June 30, 2026. This strategic acquisition played a key role in the increased net interest income and non-interest income reported for the quarter.

3. The company demonstrated robust core banking performance through significant net interest margin expansion and strong loan growth during fiscal Q2 2026. Net interest margin improved to 3.84% in fiscal Q2 2026, an increase from 3.65% in fiscal Q1 2026 and 3.53% in fiscal Q2 2025. This expansion was primarily driven by enhanced loan yields, reduced deposit costs, and the positive impact of the Field & Main acquisition. Concurrently, total loans grew by $1.03 billion, or 15%, over the past 12 months, and by $657 million, or 9%, on a linked-quarter basis. This led to a 20% year-over-year increase in net interest income, reaching $87.8 million.

4. A favorable trend in the broader regional banking sector provided a supportive macroeconomic backdrop for Stock Yards Bancorp's performance. The S&P Regional Banks Index recorded an 8.45% increase on a total return basis year-to-date through May 1, 2026. This positive sector performance was largely reinforced by buoyant policy rates, which contributed to sustained banking sector profitability. Net interest margins for FDIC-insured community banks also increased in 2025, indicating a generally healthy operating environment for regional lenders.

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Stock Movement Drivers

Fundamental Drivers

The 13.8% change in SYBT stock from 4/30/2026 to 8/23/2026 was primarily driven by a 10.5% change in the company's P/E Multiple.
(LTM values as of)43020268232026Change
Stock Price ($)72.0281.9313.8%
Change Contribution By: 
Total Revenues ($ Mil)3904156.6%
Net Income Margin (%)36.0%36.0%0.1%
P/E Multiple15.116.710.5%
Shares Outstanding (Mil)2930-3.5%
Cumulative Contribution13.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/23/2026
ReturnCorrelation
SYBT13.8% 
Market (SPY)6.5%-1.8%
Sector (XLF)10.3%43.2%

Fundamental Drivers

The 22.2% change in SYBT stock from 1/31/2026 to 8/23/2026 was primarily driven by a 14.5% change in the company's P/E Multiple.
(LTM values as of)13120268232026Change
Stock Price ($)67.0681.9322.2%
Change Contribution By: 
Total Revenues ($ Mil)3794159.6%
Net Income Margin (%)35.7%36.0%0.9%
P/E Multiple14.616.714.5%
Shares Outstanding (Mil)2930-3.5%
Cumulative Contribution22.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/23/2026
ReturnCorrelation
SYBT22.2% 
Market (SPY)11.0%22.9%
Sector (XLF)8.1%57.2%

Fundamental Drivers

The 11.6% change in SYBT stock from 7/31/2025 to 8/23/2026 was primarily driven by a 16.9% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120258232026Change
Stock Price ($)73.4281.9311.6%
Change Contribution By: 
Total Revenues ($ Mil)35541516.9%
Net Income Margin (%)34.3%36.0%4.9%
P/E Multiple17.716.7-5.6%
Shares Outstanding (Mil)2930-3.6%
Cumulative Contribution11.6%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/23/2026
ReturnCorrelation
SYBT11.6% 
Market (SPY)22.2%33.2%
Sector (XLF)11.1%57.6%

Fundamental Drivers

The 82.3% change in SYBT stock from 7/31/2023 to 8/23/2026 was primarily driven by a 45.2% change in the company's P/E Multiple.
(LTM values as of)73120238232026Change
Stock Price ($)44.9481.9382.3%
Change Contribution By: 
Total Revenues ($ Mil)32941526.0%
Net Income Margin (%)34.7%36.0%3.9%
P/E Multiple11.516.745.2%
Shares Outstanding (Mil)2930-4.2%
Cumulative Contribution82.3%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/23/2026
ReturnCorrelation
SYBT82.3% 
Market (SPY)73.2%42.0%
Sector (XLF)70.0%60.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SYBT Return61%4%-19%42%-8%28%127%
Peers Return16%-19%25%0%49%14%99%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
SYBT Win Rate75%42%33%58%50%62% 
Peers Win Rate33%50%54%46%69%59% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SYBT Max Drawdown-15%-24%-40%-19%-24%-12% 
Peers Max Drawdown-16%-31%-31%-26%-21%-20% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, FCBM, CBC, NU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)

How Low Can It Go

EventSYBTS&P 500
2025 US Tariff Shock
  % Loss-16.0%-18.8%
  % Gain to Breakeven19.1%23.1%
  Time to Breakeven19 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-19.7%-9.5%
  % Gain to Breakeven24.5%10.5%
  Time to Breakeven43 days24 days
2023 SVB Regional Banking Crisis
  % Loss-31.0%-6.7%
  % Gain to Breakeven44.9%7.1%
  Time to Breakeven434 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-21.1%-24.5%
  % Gain to Breakeven26.7%32.4%
  Time to Breakeven140 days427 days
2020 COVID-19 Crash
  % Loss-36.7%-33.7%
  % Gain to Breakeven57.9%50.9%
  Time to Breakeven95 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-20.9%-19.2%
  % Gain to Breakeven26.4%23.8%
  Time to Breakeven55 days105 days

Compare to NEWT, ATLO, FCBM, CBC, NU

In The Past

Stock Yards Bancorp's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSYBTS&P 500
2023 SVB Regional Banking Crisis
  % Loss-31.0%-6.7%
  % Gain to Breakeven44.9%7.1%
  Time to Breakeven434 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-21.1%-24.5%
  % Gain to Breakeven26.7%32.4%
  Time to Breakeven140 days427 days
2020 COVID-19 Crash
  % Loss-36.7%-33.7%
  % Gain to Breakeven57.9%50.9%
  Time to Breakeven95 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-20.9%-19.2%
  % Gain to Breakeven26.4%23.8%
  Time to Breakeven55 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-21.9%-17.9%
  % Gain to Breakeven28.1%21.8%
  Time to Breakeven173 days123 days
2008-2009 Global Financial Crisis
  % Loss-25.4%-53.4%
  % Gain to Breakeven34.0%114.4%
  Time to Breakeven14 days1085 days

Compare to NEWT, ATLO, FCBM, CBC, NU

In The Past

Stock Yards Bancorp's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Stock Yards Bancorp (SYBT)

Stock Yards Bancorp (SYBT) is a financial holding company primarily operating through its subsidiary, Stock Yards Bank & Trust Company, alongside SYB Insurance Company, Inc. Established in 1904 and headquartered in Louisville, Kentucky, the company provides a comprehensive range of banking products and services. It serves individual consumers and businesses across key markets in Kentucky, Indiana, and Ohio, with a network of 63 full-service banking locations, including a significant presence in Louisville, Indianapolis, and Cincinnati.

The company's Commercial Banking segment offers a diverse array of services including mortgage banking, various deposit accounts, and lending solutions suchalling retail, commercial, and commercial real estate loans. This segment also provides leasing, treasury management, merchant services, and international banking, catering to the day-to-day and long-term financial needs of its individual and business clients. Furthermore, it offers convenient modern banking through online, mobile, and private banking services, alongside securities brokerage services through a third-party partnership.

Complementing its traditional banking operations, Stock Yards Bancorp also features a Wealth Management & Trust (WM&T) segment. This segment specializes in providing sophisticated financial services such as investment management, comprehensive financial and retirement planning, and trust and estate services. It additionally manages retirement plans for businesses and corporations, serving clients who require expert guidance in wealth preservation, growth, and intergenerational planning.

AI Analysis | Feedback

A regional bank with a community focus, similar to a smaller **Fifth Third Bank** or **Huntington Bank**, serving customers primarily in Kentucky, Indiana, and Ohio.

Like a full-service regional bank such as **PNC Bank**, providing everything from personal checking and commercial loans to robust wealth management and trust services.

AI Analysis | Feedback

  • Lending Services: Provides a range of loans including retail, commercial, commercial real estate, mortgages, and leasing services to individuals and businesses.
  • Deposit Services: Offers various deposit products such as checking, savings, and money market accounts for personal and business use.
  • Wealth Management & Trust Services: Delivers investment management, financial and retirement planning, and trust and estate services to clients.
  • Business Banking Solutions: Includes specialized services for businesses such as treasury management, merchant services, international banking, and correspondent banking.
  • Digital Banking Services: Provides convenient online, mobile, and private banking options for managing accounts and accessing services.
  • Securities Brokerage Services: Offers securities trading services through an arrangement with a third-party broker-dealer.

AI Analysis | Feedback

Stock Yards Bancorp (SYBT) is a financial institution that provides a diversified range of banking products and services, primarily serving a broad customer base rather than a few "major customers" in the traditional sense of a product-oriented company. Its customers are primarily individuals and various types of businesses.

The company sells primarily to individuals and a wide array of businesses. Its customers can be categorized as follows:

  1. Individual Consumers: This category includes customers who utilize the bank's retail banking services (such as deposit accounts, online and mobile banking), mortgage banking, private banking, and wealth management services (investment management, financial and retirement planning, and trust and estate services).
  2. Commercial Businesses: This category encompasses small to medium-sized businesses and corporations that leverage the bank's commercial lending services, leasing, treasury management, merchant services, international banking, and retirement plan management for their employees.
  3. Commercial Real Estate Investors and Developers: Specifically targeted by the bank's commercial real estate lending services, this segment includes individuals and entities involved in the acquisition, development, and management of commercial properties.

AI Analysis | Feedback

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AI Analysis | Feedback

James A. Hillebrand, Chairman of the Board and Chief Executive Officer

James A. Hillebrand was appointed Chief Executive Officer in October 2018 and Chairman of the Board in January 2021. Prior to these roles, he served as President of Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company from 2008 to 2018. His earlier positions included Executive Vice President, where he was responsible for Private Banking and the company's expansion efforts into the Indianapolis and Cincinnati markets. Mr. Hillebrand joined Stock Yards Bank & Trust Company in 1996, having started his banking career with PNC Bank in 1988. He is a graduate of Bellarmine University. Under his leadership, Stock Yards Bank has strategically expanded through acquisitions, including Kentucky Bank and Commonwealth Bank & Trust.

T. Clay Stinnett, Executive Vice President, Treasurer and Chief Financial Officer

T. Clay Stinnett assumed the role of Chief Financial Officer for Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company on May 1, 2019. Before becoming CFO, he served as Executive Vice President from 2011 to 2019 and as Chief Strategic Officer from 2005 to 2019. Mr. Stinnett joined Stock Yards Bank & Trust Company in 2000 as Vice President of Finance. In this capacity, he was primarily responsible for financial reporting, budgeting, and asset and liability management. A Certified Public Accountant, he is a graduate of Transylvania University and previously worked in public accounting with an international firm.

Philip S. Poindexter, President

Philip S. Poindexter was appointed President of Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company on October 1, 2018. His tenure at the company includes serving as Chief Lending Officer from 2008 to 2018 and Director of Commercial Lending from 2004 to 2008. Mr. Poindexter's banking career began in 1989 as a Commercial Lender for NCNB Bank (now Bank of America), and he subsequently held positions at PNC Bank and Jefferson Bank Banking Co. (the predecessor of BB&T). He is a graduate of Indiana University.

Shannon B. Budnick, Executive Vice President, Wealth Management & Trust

Shannon B. Budnick was promoted to Executive Vice President, Director of Wealth Management & Trust Group in January 2024.

Michael V. Rehm, Executive Vice President and Chief Lending Officer

Michael V. Rehm has served as Executive Vice President and Chief Lending Officer of Stock Yards Bank & Trust Company since October 1, 2018. He joined the company in 2005 as Division Manager for Commercial Lending and is responsible for managing all commercial lending teams and overseeing 100 lenders across five units. Mr. Rehm is a graduate of Centre College.

AI Analysis | Feedback

Here are the key risks to Stock Yards Bancorp (SYBT):

  1. Commercial Real Estate (CRE) Exposure and Credit Risk: As a regional bank, Stock Yards Bancorp faces significant exposure to commercial real estate loans, a sector currently under pressure from elevated interest rates and declining property values. This situation increases the potential for loan defaults, higher loan loss provisions, and reduced profitability for the bank. Many regional banks face disproportionate exposure to vulnerable CRE markets, and a substantial portion of CRE and office loans are in negative equity and face refinancing challenges.

  2. Interest Rate Volatility: Fluctuations in interest rates directly impact Stock Yards Bancorp's profitability, primarily through its net interest income. Rapid changes in interest rates can reduce the value of the bank's assets and affect its net interest margin. The ongoing environment of "higher for longer" interest rates could exacerbate net interest margin pressure.

  3. Intense Competition, Technological Adaptation, and Cybersecurity Risks: Stock Yards Bancorp operates in a highly competitive financial landscape, contending with various local and regional banks, credit unions, and increasingly, online banking institutions. This competitive pressure necessitates continuous investment in technological advancements to meet evolving customer demands and maintain market share. However, this reliance on technology introduces significant cybersecurity risks, including data breaches and operational disruptions. Furthermore, as the company approaches $10 billion in assets, it faces increased regulatory scrutiny and associated compliance costs, adding another layer of operational and strategic challenge.

AI Analysis | Feedback

The rise of digital-first banking competitors, including neobanks and specialized fintech lending platforms, poses a clear emerging threat to Stock Yards Bancorp's Commercial Banking segment by offering streamlined, often lower-cost alternatives for deposits, payments, and certain types of loans.

The proliferation of robo-advisors and online wealth management platforms represents a clear emerging threat to SYBT's WM&T segment, providing automated, lower-cost investment and financial planning solutions that could draw clients away from traditional, human-advised services.

AI Analysis | Feedback

The addressable markets for Stock Yards Bancorp's main products and services in their operating regions are as follows:

Commercial Banking Segment

  • Deposits:
    • Kentucky: $116 billion (2024).
    • Louisville/Jefferson County, KY-IN: $44.986 billion (2025).
    • Indiana: $209 billion (2024).
    • Indianapolis: $45 billion (June 30, 2016).
    • Ohio: $537 billion.
    • Cincinnati, OH-KY-IN: $191.589 billion (2025).
  • Commercial Lending:
    • Indiana Commercial Real Estate Lending Volume: $5.7 billion (2024).
    • Ohio Commercial Banking Industry Market Size: $63.8 billion (2026).
  • Mortgage Banking:
    • Ohio Mortgage Origination Volume: $38.9 billion (2024).
    • Kentucky Home Sales Volume: $999.48 million (December 2024).
  • Leasing (Commercial):
    • Ohio Commercial Leasing Industry Market Size: $6.8 billion (2026).

AI Analysis | Feedback

Stock Yards Bancorp (SYBT) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic expansion and organic growth in its core banking and wealth management operations. These drivers include:

  1. Strategic Acquisitions: The recent acquisition of Field & Main Bancorp is a significant driver, projected to be accretive to earnings per share by 5.7% in 2027 and expanding the company's footprint, particularly in Western Kentucky, and increasing its assets under management. This acquisition is expected to boost the combined entity's assets to approximately $10.4 billion.
  2. Organic Loan and Deposit Growth: The company has demonstrated consistent broad-based loan growth across all markets for several consecutive quarters, with total loans increasing by 8% in 2025. Similarly, the deposit base expanded by 9% in 2025, driven by strong demand and successful campaigns.
  3. Expansion of Wealth Management & Trust (WM&T) Services: The WM&T division achieved record results in 2025, with both revenue and assets under management reaching all-time highs. The acquisition of Field & Main Bancorp is also expected to enhance wealth management capabilities by adding approximately $0.8 billion in assets under management.
  4. Strategic Branch Network Expansion: Stock Yards Bancorp continues to expand its physical presence, having opened new branches in Bardstown, Kentucky, and Liberty Township, Ohio, during the fourth quarter of 2025, and appointed a Bowling Green Market President to further extend its reach into south central Kentucky. The combined organization post-acquisition will operate an 81-branch network.
  5. Enhanced Net Interest Income: The company's net interest income increased by 13% to $79.3 million in Q4 2025, primarily fueled by strong loan and deposit growth and an expansion in its net interest margin to 3.57%. This effective management and growth of interest-earning assets will continue to be a key component of revenue generation.

AI Analysis | Feedback

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[1] Share Repurchases

  • Stock Yards Bancorp's previous stock repurchase plan, which authorized one million shares, expired in May 2025. Under this plan, approximately 259,000 shares were repurchased at an average cost of $35.41 per share, with about 741,000 shares remaining eligible for repurchase at the time of the plan's extension announcement.
  • In July 2025, the Board of Directors authorized a new stock repurchase program allowing for the repurchase of up to one million shares of common stock, replacing the previously expired plan. This authorization represents approximately 3.4% of the company's outstanding shares.
  • The company's last actual share repurchases under the prior plan occurred in 2019.

[2] Share Issuance

  • Stock Yards Bancorp's acquisition of Field & Main Bancorp, announced in January 2026, is an all-stock transaction. Field & Main shareholders are set to receive 0.6550 shares of Stock Yards common stock for each Field & Main share, leading to the issuance of new shares by SYBT.
  • The aggregate value of the stock consideration for the Field & Main Bancorp acquisition is approximately $105.7 million, based on Stock Yards' closing common stock price of $68.01 as of January 26, 2026.
  • The transaction is projected to increase Stock Yards Bancorp's average fully diluted shares from approximately 29.5 million to 31.1 million.

[3] Inbound Investments

  • Stock Yards Bank & Trust Co., a subsidiary of Stock Yards Bancorp, strategically acquired an additional 552,073 shares of its parent company, Stock Yards Bancorp Inc. (SYBT), on December 31, 2025, at a price of $64.95 per share. This action bolstered the firm's position in SYBT. An estimated $24.6 million transaction in Q4 2025 also saw Stock Yards Bank & Trust Co. add 366,475 shares of Stock Yards Bancorp.

[4] Outbound Investments

  • In January 2026, Stock Yards Bancorp announced a definitive agreement to acquire Field & Main Bancorp in a $105.7 million all-stock transaction. This marks Stock Yards' first acquisition since 2021.
  • The acquisition is expected to provide Stock Yards Bancorp with immediate scale in Western Kentucky, a market it has long targeted. Field & Main Bancorp reported approximately $861 million in assets, $652 million in loans, and $781 million in deposits as of December 31, 2025.
  • The all-stock deal is anticipated to be 5.7% accretive to Stock Yards' earnings per share once cost savings are fully realized.

[5] Capital Expenditures

  • Management emphasizes organic expansion, including the establishment of new branches and entry into south-central Kentucky, as part of its growth strategy.
  • The company opportunistically pursues strategic fill-in or adjacent-market acquisitions to supplement organic growth and its capital allocation strategies.
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Peer Outperformance in Regional Banks

SYBT has outperformed 58% of its 262 Regional Banks peers over 5Y. Regional Banks ranks 5th of 18 industries in Financials by median 5Y return.
Share of Regional Banks constituents that SYBT has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
8%
of 283 industry peers · 2.3% return
3Y
57%
of 273 industry peers · 92.7% return
5Y
58%
of 262 industry peers · 74.2% return
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Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is SYBT's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Investment Banking & Brokerage 13 5.7%134.1%133.9% IBKR 512% · SNEX 252% · GS 187%
Reinsurance 6 19.3%80.7%117.8% SPNT 140% · MTG 130% · RGA 128%
Diversified Banks 12 37.4%131.6%101.7% JPM 153% · CM 148% · RY 135%
Life & Health Insurance 19 11.2%56.2%84.8% UNM 285% · FG 197% · MFC 172%
Regional Banks ← 263 25.9%86.0%64.5% GCBC 395% · ESQ 364% · NBN 297%
Property & Casualty Insurance 42 11.1%74.2%63.8% ASIC 2583900% · HRTG 433% · UVE 278%
Multi-line Insurance 9 13.5%78.4%57.8% GNW 176% · L 101% · SLF 86%
Consumer Finance 30 10.1%87.8%34.4% ENVA 660% · EZPW 391% · FCFS 185%
Multi-Sector Holdings 6 1.4%16.7%33.9% JEF 78% · BRK-B 73% · VOYA 66%
Insurance Brokers 15 -9.5%11.4%33.7% LIFE 571% · AJG 94% · ARX 87%
Asset Management & Custody Banks 83 -8.7%23.5%25.5% SII 341% · WT 303% · VCTR 289%
Financial Exchanges & Data 15 -1.6%14.2%13.9% VIRT 216% · CBOE 156% · CME 69%
Commercial & Residential Mortgage Finance 12 -31.1%19.6%4.5% FNMA 474% · FMCC 460% · ESNT 60%
Specialized Finance 3 18.7%53.6%3.7% EFC 36% · CACC 4% · HASI -14%
Mortgage REITs 34 -7.2%13.6%-11.5% RITM 61% · NREF 53% · DX 41%
Transaction & Payment Processing Services 15 1.4%8.4%-41.3% MA 65% · V 65% · CPAY 58%
Diversified Capital Markets 21 -29.3%-4.7%-45.9% BTCS 584% · OPY 176% · LPLA 153%
Diversified Financial Services 5 -6.3%63.2%-58.0% FRHC 166% · EQH 80% · TMS -58%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SYBTNEWTATLOFCBMCBCNUMedian
NameStock Ya.NewtekOneAmes Nat.First Ca.Central .Nu  
Mkt Price81.9312.5331.7612.6831.96-31.76
Mkt Cap2.50.40.30.37.6-0.4
Rev LTM415277731321,084-277
Op Inc LTM-------
FCF LTM147-7402142475-42
FCF 3Y Avg137-37317---17
CFO LTM161-7392245502-45
CFO 3Y Avg147-37319---19

Growth & Margins

SYBTNEWTATLOFCBMCBCNUMedian
NameStock Ya.NewtekOneAmes Nat.First Ca.Central .Nu  
Rev Chg LTM13.0%7.8%21.3%---13.0%
Rev Chg 3Y Avg7.6%26.8%8.1%---8.1%
Rev Chg Q17.4%7.0%18.5%-15.2%-16.3%
QoQ Delta Rev Chg LTM4.2%1.7%4.3%-3.6%-3.9%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM38.7%-267.4%30.3%34.3%46.3%-34.3%
CFO/Rev 3Y Avg39.7%-138.6%30.2%---30.2%
FCF/Rev LTM35.5%-267.5%28.9%32.0%43.8%-32.0%
FCF/Rev 3Y Avg36.8%-138.7%27.9%---27.9%

Valuation

SYBTNEWTATLOFCBMCBCNUMedian
NameStock Ya.NewtekOneAmes Nat.First Ca.Central .Nu  
Mkt Cap2.50.40.30.37.6-0.4
P/S6.01.33.92.47.1-3.9
P/Op Inc-------
P/EBIT-------
P/E16.75.512.215.517.8-15.5
P/CFO15.5-0.512.86.915.2-12.8
Total Yield7.5%26.9%10.9%6.5%7.0%-7.5%
Dividend Yield1.5%8.5%2.8%0.0%1.4%-1.5%
FCF Yield 3Y Avg6.9%-103.1%8.9%---6.9%
D/E0.11.60.10.40.0-0.1
Net D/E-0.20.5-1.7-0.0-1.0--0.2

Returns

SYBTNEWTATLOFCBMCBCNUMedian
NameStock Ya.NewtekOneAmes Nat.First Ca.Central .Nu  
1M Rtn0.2%-13.2%5.7%0.2%0.1%-0.2%
3M Rtn15.5%-5.1%11.2%0.6%12.8%-11.2%
6M Rtn19.3%-0.4%16.0%0.6%27.9%-16.0%
12M Rtn2.3%7.0%65.5%0.6%74.8%-7.0%
3Y Rtn92.7%-14.1%98.7%0.6%154.1%-92.7%
1M Excs Rtn-1.9%-16.1%3.0%-3.8%-2.4%--2.4%
3M Excs Rtn12.4%-7.5%8.2%-2.4%9.8%-8.2%
6M Excs Rtn8.2%-11.5%4.9%-10.4%16.8%-4.9%
12M Excs Rtn-11.9%-8.9%51.1%-19.4%54.3%--8.9%
3Y Excs Rtn9.7%-88.5%21.6%-73.6%66.5%-9.7%

Comparison Analyses

null

FDIC Bank Data

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222015
Commercial Banking353308299286 
Wealth Management and Trust (WM&T)44444137 
Commercial banking    18
Investment management and trust    110
Total397352340323128


Operating Income by Segment
$ Mil20152014201320122011
Investment management and trust478767
Commercial banking842312925
Total5449383532


Net Income by Segment
$ Mil20252024202320222021
Commercial Banking12799958164
Wealth Management and Trust (WM&T)1316131211
Total1401151089375


Assets by Segment
$ Mil20242023202220212020
Commercial Banking8,8308,1357,4596,6424,605
Wealth Management and Trust (WM&T)34353744
Total8,8638,1707,4966,6464,609


Price Behavior

Price Behavior
Market Price$81.93 
Market Cap ($ Bil)2.4 
First Trading Date03/26/1993 
Distance from 52W High-6.9% 
   50 Days200 Days
DMA Price$79.86$70.65
DMA Trendupup
Distance from DMA2.6%16.0%
 3M1YR
Volatility23.8%25.5%
Downside Capture-3.6979.00
Upside Capture63.4765.03
Correlation (SPY)-5.8%32.5%
SYBT Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta-0.55-0.17-0.070.400.700.86
Up Beta-2.42-1.65-1.09-0.010.780.89
Down Beta-1.19-0.13-0.080.020.450.71
Up Capture103%86%59%86%70%87%
Bmk +ve Days11223567138427
Stock +ve Days13293771124370
Down Capture-66%-32%-16%49%83%97%
Bmk -ve Days11212859114326
Stock -ve Days9142654127382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SYBT
SYBT8.1%26.0%0.27-
Sector ETF (XLF)10.1%14.6%0.4457.3%
Equity (SPY)21.1%12.9%1.2232.5%
Gold (GLD)37.5%28.8%1.10-2.2%
Commodities (DBC)43.2%20.2%1.66-19.6%
Real Estate (VNQ)12.9%13.8%0.6442.6%
Bitcoin (BTCUSD)-31.6%44.1%-0.7320.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SYBT
SYBT12.0%30.9%0.40-
Sector ETF (XLF)10.1%18.4%0.4156.8%
Equity (SPY)12.9%17.2%0.5740.7%
Gold (GLD)20.6%18.6%0.90-0.5%
Commodities (DBC)10.4%19.6%0.413.2%
Real Estate (VNQ)2.3%18.9%0.0243.3%
Bitcoin (BTCUSD)10.4%52.8%0.3816.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SYBT
SYBT13.2%32.0%0.46-
Sector ETF (XLF)13.5%22.0%0.5667.5%
Equity (SPY)15.2%17.9%0.7250.8%
Gold (GLD)12.7%16.2%0.64-3.7%
Commodities (DBC)8.0%18.0%0.3612.9%
Real Estate (VNQ)5.0%20.7%0.2047.4%
Bitcoin (BTCUSD)63.1%66.1%1.0314.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity1.2 Mil
Short Interest: % Change Since 7152026-23.4%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest5.5 days
Basic Shares Quantity30.4 Mil
Short % of Basic Shares4.0%

Earnings Returns History

Updated 8/19/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/29/20263.1%0.0% 
4/22/20260.0%3.7%0.8%
1/27/2026-0.7%0.4%-1.9%
10/29/2025-1.0%-2.6%-1.5%
7/23/20254.6%-1.8%-1.0%
4/23/20255.6%3.4%3.6%
1/22/20250.4%2.0%1.4%
10/23/20241.9%1.9%13.2%
...
SUMMARY STATS   
# Positive151614
# Negative989
Median Positive3.1%2.8%4.3%
Median Negative-0.7%-2.6%-2.7%
Max Positive5.6%6.5%20.9%
Max Negative-3.6%-4.5%-14.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/29/20263.1%0.0% 
4/22/20260.0%3.7%0.8%
1/27/2026-0.7%0.4%-1.9%
10/29/2025-1.0%-2.6%-1.5%
7/23/20254.6%-1.8%-1.0%
4/23/20255.6%3.4%3.6%
1/22/20250.4%2.0%1.4%
10/23/20241.9%1.9%13.2%
7/24/20244.4%6.3%-2.7%
4/24/20245.3%-2.5%4.3%
1/24/2024-3.6%5.6%-8.1%
10/25/2023-0.5%2.1%20.9%
7/26/20235.1%-1.1%-6.0%
4/26/20232.6%-4.1%-9.7%
1/25/20233.4%0.2%-1.6%
10/26/20220.3%6.3%1.5%
7/27/20223.3%3.2%4.3%
4/27/2022-0.0%-0.1%7.2%
1/26/2022-1.0%-4.5%-14.8%
10/27/2021-1.4%-3.7%3.9%
7/28/20211.0%2.3%8.5%
4/21/20211.3%2.2%2.4%
1/27/2021-0.5%6.5%18.7%
10/28/2020-0.3%5.5%10.5%
SUMMARY STATS   
# Positive151614
# Negative989
Median Positive3.1%2.8%4.3%
Median Negative-0.7%-2.6%-2.7%
Max Positive5.6%6.5%20.9%
Max Negative-3.6%-4.5%-14.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202502/26/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/27/202510-K
09/30/202411/05/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/27/202410-K
09/30/202311/06/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/04/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202502/26/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/27/202510-K
09/30/202411/05/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/27/202410-K
09/30/202311/06/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/04/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q
12/31/202102/25/202210-K
09/30/202111/08/202110-Q
06/30/202108/06/202110-Q
03/31/202105/07/202110-Q
12/31/202002/26/202110-K
09/30/202011/06/202010-Q
06/30/202008/10/202010-Q
03/31/202005/08/202010-Q
12/31/201902/28/202010-K
09/30/201911/08/201910-Q

Insider Activity

Updated 8/21/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Wells, Laura L DirectSell803202686.296,823588,757826,658Form
2Poindexter, PhilipPresidentDirectSell521202670.681,22186,3003,772,616Form
3Hardy, David L DirectBuy1106202566.532,000133,060133,060Form
4Woods, Michael WSr. Vice PresidentDirectBuy930202569.951006,99576,944Form
5Hillebrand, James AChairman & CEODirectSell827202583.322,162180,1388,939,569Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Wells, Laura L DirectSell803202686.296,823588,757826,658Form
2Poindexter, PhilipPresidentDirectSell521202670.681,22186,3003,772,616Form
3Hardy, David L DirectBuy1106202566.532,000133,060133,060Form
4Woods, Michael WSr. Vice PresidentDirectBuy930202569.951006,99576,944Form
5Hillebrand, James AChairman & CEODirectSell827202583.322,162180,1388,939,569Form
Core Cache Last Updated: 8/23/2026