Stock Yards Bancorp (SYBT) AI Stock Analysis

• Market Cap: $2.30B
• Dividend Yield: 1.52%
• Average Volume (3M): 139.09K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 1.11
• Revenue Growth: 13.22%
• EPS Growth: 22.43%
• Country: US
• Employees: 1,089
• Sector: Financial
• Sector Strength: 74
• Industry: Banks - Regional
• EPS (TTM): 1.15
• Shares Outstanding: 29,468,916
• 10 Day Avg. Volume: 130,108
• 30 Day Avg. Volume: 139,092
• PEG Ratio: 3.52
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.76
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 1.22
• Enterprise Value/Gross Profit: 6.94
• Enterprise Value/Ebitda: 3.84
• 1Y Price Target: $83.00
• Price Target Upside: 1.79% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: $91.00 ▲(11.60%Upside)

Stock Yards Bancorp demonstrates strong financial performance with solid revenue growth, profitability, and cash generation, which is the most significant factor in its overall score. While the technical indicators show bullish momentum, caution is advised due to overbought signals. The valuation is fair but not particularly attractive, which slightly tempers the overall positive outlook.

Positive Factors

Financial Performance

Stock Yards delivered peer-leading year-to-date financial results, with EPS and PPNR exceeding consensus expectations.

Loan and Deposit Growth

Year-to-date loan growth of 8.8% at Stock Yards is more than double that of peers, and deposit trends also outperformed.

Negative Factors

Valuation Concerns

Stock Yards' P/E ratio is currently high, trading at the 83rd percentile of its valuation range, which suggests caution in future valuation forecasting.

Stock Yards Bancorp Business Overview & Revenue Model

Company Description

Stock Yards Bancorp, Inc. is a financial holding company headquartered in Louisville, Kentucky, operating primarily through its subsidiary, Stock Yards Bank & Trust Company. The company provides a wide range of banking and financial services, including personal and commercial banking, wealth management, and investment services. It serves individuals, businesses, and organizations in the Kentucky, Indiana, and Ohio regions, focusing on personalized customer service and community banking.

How the Company Makes Money

Stock Yards Bancorp generates revenue primarily through interest income derived from its lending activities, including personal loans, commercial loans, and mortgage loans. The company also earns non-interest income through fees and service charges related to deposit accounts, wealth management services, and treasury management solutions. Stock Yards Bancorp benefits from its community-focused banking model, which emphasizes strong customer relationships and local market knowledge. Additionally, the company's wealth management division contributes to revenue through investment advisory fees and fiduciary services. Overall, Stock Yards Bancorp's diversified financial services and commitment to community banking drive its earnings.

Stock Yards Bancorp Financial Statement Overview

Summary

Stock Yards Bancorp presents a robust financial profile with solid revenue growth, profitability, and cash generation. The income statement shows impressive margins and growth, while the balance sheet reflects financial stability and effective use of equity. Cash flow analysis underscores strong cash generation, supporting the company's operational needs. The overall financial health is strong, positioning the company well in the regional banking sector.

Income Statement

Stock Yards Bancorp demonstrates strong revenue growth with a TTM revenue increase of 2.9% from the previous year. The gross profit margin is robust at 67.2%, and the net profit margin stands at a healthy 23.7%. The EBIT and EBITDA margins are 29.7% and 31.8%, respectively, indicating solid profitability. Overall, the company's income statement reflects stable and improving financial health, with consistent growth and profitability.

Balance Sheet

The balance sheet shows a solid equity ratio of 10.8%, indicating a stable financial structure with moderate leverage. The debt-to-equity ratio is 0.50, reflecting a balanced approach to leveraging debt. The return on equity is strong at 12.5%, suggesting effective use of equity to generate profits. Overall, the balance sheet is stable, with a healthy capital structure and effective equity utilization, though there is room for improving the equity ratio further.

Cash Flow

Cash flow analysis reveals a positive trajectory with a 1.7% growth in free cash flow. The operating cash flow to net income ratio is 1.19, indicating good cash generation relative to net income. The free cash flow to net income ratio is 1.11, suggesting efficient conversion of income to cash. Overall, the cash flow statement reflects strong cash generation and effective capital management, contributing to financial stability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	500.95M	432.46M	330.55M	238.51M	197.16M
Gross Profit	335.38M	319.31M	302.02M	232.51M	166.31M
EBITDA	157.72M	159.87M	141.14M	106.73M	77.49M
Net Income	114.54M	107.75M	92.97M	74.64M	58.87M
Balance Sheet
Total Assets	8.86B	8.17B	7.50B	6.65B	4.61B
Cash, Cash Equivalents and Short-Term Investments	1.07B	1.13B	1.23B	1.24B	630.16M
Total Debt	496.30M	392.58M	218.47M	85.84M	91.08M
Total Liabilities	7.92B	7.31B	6.74B	5.97B	4.17B
Stockholders Equity	940.48M	858.10M	760.43M	675.87M	440.70M
Cash Flow
Free Cash Flow	133.02M	98.97M	90.30M	97.52M	71.67M
Operating Cash Flow	142.87M	106.70M	108.74M	102.10M	77.13M
Investing Cash Flow	-677.06M	-424.05M	-384.43M	-78.87M	-804.72M
Financing Cash Flow	559.25M	415.94M	-518.14M	620.02M	795.81M

Stock Yards Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 81.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SYBT, the sentiment is Positive. The current price of 81.54 is above the 20-day moving average (MA) of 79.63, above the 50-day MA of 76.80, and above the 200-day MA of 72.04, indicating a bullish trend. The MACD of 0.81 indicates Positive momentum. The RSI at 60.13 is Neutral, neither overbought nor oversold. The STOCH value of 61.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SYBT.

Stock Yards Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NBTB	81 Outperform	$2.22B	14.03	9.55%	3.96%	12.11%	16.58%
TRMK	80 Outperform	$2.32B	10.80	10.99%	2.45%	17.67%	―
FBK	74 Outperform	$2.63B	25.46	5.81%	1.47%	-5.60%	-22.11%
PPBI	73 Outperform	$2.15B	14.46	4.94%	5.96%	23.09%	1086.91%
SYBT	72 Outperform	$2.30B	18.83	31.33%	1.52%	13.22%	22.43%
HTH	71 Outperform	$2.01B	15.93	5.89%	2.77%	2.60%	14.96%
Sector *	68 Neutral	$17.10B	11.62	9.70%	3.86%	11.32%	-7.37%

Stock Yards Bancorp Corporate Events

Stock Yards Bancorp Announces New Stock Buyback Program

On July 15, 2025, Stock Yards Bancorp, Inc. announced a new stock repurchase program, authorizing the buyback of up to one million shares, which is approximately 3.4% of its total outstanding common stock. This plan replaces a previous one that expired in May 2025, with the last repurchase occurring in 2019. The company aims to manage the repurchase based on stock price, market conditions, and corporate considerations, while complying with regulatory requirements. The program is set to expire in two years, but it can be modified or terminated at any time, and there is no obligation to repurchase a specific amount or number of shares.

The most recent analyst rating on (SYBT) stock is a Hold with a $80.00 price target. To see the full list of analyst forecasts on Stock Yards Bancorp stock, see the SYBT Stock Forecast page.