(SYBT) Stock Yards Bancorp - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 2.044m USD | Total Return: -1.4% in 12m
Avg Turnover: 10.4M
EPS Trend: 84.7%
Qual. Beats: 1
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Stock Yards Bancorp, Inc. (SYBT) is a financial holding company based in Louisville, Kentucky, operating primarily through Stock Yards Bank & Trust Company. Founded in 1904, the institution manages two distinct business segments: Commercial Banking and Wealth Management & Trust (WM&T). The Commercial Banking division provides traditional lending, mortgage, and deposit services alongside specialized treasury and international banking functions for retail and corporate clients.
The WM&T segment diversifies the firms revenue stream by offering investment management, retirement planning, and estate services. Unlike many smaller regional banks that rely solely on interest income, this model generates recurring fee-based revenue through fiduciary and advisory roles. Regional banks in this category often focus on localized relationship banking to compete with national entities by providing customized credit solutions for small-to-mid-sized enterprises.
To gain a deeper understanding of the companys valuation metrics, consider reviewing the detailed financial breakdowns on ValueRay. This summary reflects the companys long-standing operational history and its integrated approach to commercial and wealth services within the domestic financial sector.
- Net interest margin sensitivity to Federal Reserve monetary policy shifts
- Wealth management and trust fee growth diversifies non-interest income streams
- Loan portfolio concentration in commercial real estate impacts credit risk profile
- Regional economic conditions in Kentucky and Indiana drive loan demand
- Operational efficiency gains through digital banking and treasury management integration
| Net Income: 143.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.04 > 1.0 |
| NWC/Revenue: -1.26k% < 20% (prev -1.25k%; Δ -11.47% < -1%) |
| CFO/TA 0.02 > 3% & CFO 158.5m > Net Income 143.5m |
| Net Debt (-187.4m) to EBITDA (192.3m): -0.97 < 3 |
| Current Ratio: 0.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.5m) vs 12m ago 0.00% < -2% |
| Gross Margin: 69.63% > 18% (prev 0.67%; Δ 6.90k% > 0.5%) |
| Asset Turnover: 6.18% > 50% (prev 5.73%; Δ 0.45% > 0%) |
| Interest Coverage Ratio: 1.10 > 6 (EBITDA TTM 192.3m / Interest Expense TTM 165.9m) |
| A: -0.76 (Total Current Assets 646.4m - Total Current Liabilities 7.85b) / Total Assets 9.47b |
| B: 0.07 (Retained Earnings 698.1m / Total Assets 9.47b) |
| C: 0.02 (EBIT TTM 182.7m / Avg Total Assets 9.23b) |
| D: 0.08 (Book Value of Equity 696.2m / Total Liabilities 8.36b) |
| Altman-Z'' = -4.53 = D |
| DSRI: 0.56 (Receivables 28.6m/46.2m, Revenue 570.6m/515.2m) |
| GMI: 0.96 (GM 69.63% / 67.16%) |
| AQI: 1.05 (AQ_t 0.92 / AQ_t-1 0.88) |
| SGI: 1.11 (Revenue 570.6m / 515.2m) |
| TATA: -0.00 (NI 143.5m - CFO 158.5m) / TA 9.47b) |
| Beneish M = -3.32 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 71.28 with a total of 170,472 shares traded.
Over the past week, the price has changed by +2.86%,
over one month by +1.02%,
over three months by +8.48% and
over the past year by -1.44%.
Stock Yards Bancorp has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold SYBT.
- StrongBuy: 0
- Buy: 0
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 77.2 | 8.3% |
P/E Forward = 17.6678
P/S = 5.118
P/B = 1.9261
P/EG = 1.3328
Revenue TTM = 570.6m USD
EBIT TTM = 182.7m USD
EBITDA TTM = 192.3m USD
Long Term Debt = 326.8m USD (from longTermDebt, last quarter)
Short Term Debt = 94.9m USD (from shortTermDebt, last quarter)
Debt = 421.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -187.4m USD (calculated: Debt 421.7m - CCE 609.1m)
Enterprise Value = 1.86b USD (2.04b + Debt 421.7m - CCE 609.1m)
Interest Coverage Ratio = 1.10 (Ebit TTM 182.7m / Interest Expense TTM 165.9m)
EV/FCF = 12.74x (Enterprise Value 1.86b / FCF TTM 145.7m)
FCF Yield = 7.85% (FCF TTM 145.7m / Enterprise Value 1.86b)
FCF Margin = 25.53% (FCF TTM 145.7m / Revenue TTM 570.6m)
Net Margin = 25.14% (Net Income TTM 143.5m / Revenue TTM 570.6m)
Gross Margin = 69.63% ((Revenue TTM 570.6m - Cost of Revenue TTM 173.3m) / Revenue TTM)
Gross Margin QoQ = 71.28% (prev 70.23%)
Tobins Q-Ratio = 0.20 (Enterprise Value 1.86b / Total Assets 9.47b)
Interest Expense / Debt = 39.34% (Interest Expense 165.9m / Debt 421.7m)
Taxrate = 20.70% (9.55m / 46.1m)
NOPAT = 144.9m (EBIT 182.7m * (1 - 20.70%))
Current Ratio = 0.08 (Total Current Assets 646.4m / Total Current Liabilities 7.85b)
Debt / Equity = 0.38 (Debt 421.7m / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = -0.97 (Net Debt -187.4m / EBITDA 192.3m)
Debt / FCF = -1.29 (Net Debt -187.4m / FCF TTM 145.7m)
Total Stockholder Equity = 1.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.55% (Net Income 143.5m / Total Assets 9.47b)
RoE = 13.58% (Net Income TTM 143.5m / Total Stockholder Equity 1.06b)
RoCE = 13.21% (EBIT 182.7m / Capital Employed (Equity 1.06b + L.T.Debt 326.8m))
RoIC = 10.35% (NOPAT 144.9m / Invested Capital 1.40b)
WACC = 12.75% (E(2.04b)/V(2.47b) * Re(8.94%) + D(421.7m)/V(2.47b) * Rd(39.34%) * (1-Tc(0.21)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 0.26%
[DCF] Terminal Value 62.95% ; FCFF base≈141.5m ; Y1≈151.1m ; Y5≈181.1m
[DCF] Fair Price = 59.87 (EV 1.58b - Net Debt -187.4m = Equity 1.77b / Shares 29.5m; r=12.75% [WACC]; 5y FCF grow 7.69% → 2.50% )
EPS Correlation: 84.72 | EPS CAGR: 11.23% | SUE: 1.96 | # QB: 1
Revenue Correlation: 99.01 | Revenue CAGR: 14.78% | SUE: 0.70 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.24 | Chg30d=+1.94% | Revisions=+50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.29 | Chg30d=+0.31% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=5.11 | Chg30d=+2.00% | Revisions=+50% | GrowthEPS=+7.6% | GrowthRev=+13.8%
EPS next Year (2027-12-31): EPS=5.55 | Chg30d=+1.57% | Revisions=+50% | GrowthEPS=+8.7% | GrowthRev=+8.9%
[Analyst] Revisions Ratio: +50%