Stock Yards Bancorp, Inc. (SYBT)

Stock Yards Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	417.29	369.59	302.26	216.33	164.32
Interest Income on Investments	50.3	43.29	44.44	35.32	12.75
Total Interest Income	467.59	412.88	346.7	251.65	177.08
Interest Paid on Deposits	149.51	133.54	81.59	16.41	5.63
Interest Paid on Borrowings	17.77	22.3	17.78	1.86	0.38
Total Interest Expense	167.28	155.84	99.36	18.27	6
Net Interest Income	300.31	257.04	247.33	233.38	171.07
Net Interest Income Growth (YoY)	16.84%	3.92%	5.98%	36.42%	25.86%
Trust Income	54.49	53.91	49.84	44.7	34.53
Mortgage Banking Activities	4.12	3.86	3.71	3.21	4.72
Gain (Loss) on Sale of Assets	0.07	-0.1	-0.03	3.47	-0.08
Gain (Loss) on Sale of Investments	-	-	-1.34	-0.35	-0.37
Other Non-Interest Income	29.53	28.66	29.89	28.61	20.83
Total Non-Interest Income	96.95	95.23	90.93	87.93	65.48
Non-Interest Income Growth (YoY)	1.80%	4.73%	3.41%	34.27%	34.18%
Revenues Before Loan Losses	397.26	352.27	338.26	321.31	236.56
Provision for Loan Losses	6.7	9.73	13.8	10.26	-0.75
Revenue	390.56	342.55	324.46	311.05	237.31
Revenue Growth (YoY)	14.02%	5.57%	4.31%	31.07%	42.70%
Salaries and Employee Benefits	131.82	117.84	110.33	103.21	72.26
Occupancy Expenses	16.53	10.71	12.83	11.08	7.32
Federal Deposit Insurance	4.81	4.54	3.91	2.76	1.85
Amortization of Goodwill & Intangibles	3.66	4.49	4.69	5.54	0.77
Selling, General & Administrative	34.78	41.64	34.42	29.42	26.72
Other Non-Interest Expense	20.77	18.46	19.84	18.73	13.67
Total Non-Interest Expense	212.36	198.18	186.54	171.07	122.89
EBT Excluding Unusual Items	178.2	144.37	137.93	139.98	114.42
Pretax Income	178.2	144.37	137.93	120.48	95.4
Income Tax Expense	38.05	29.83	30.18	27.19	20.75
Earnings From Continuing Operations	140.15	114.54	107.75	93.29	74.65
Minority Interest in Earnings	-	-	-	-0.32	-
Net Income	140.15	114.54	107.75	92.97	74.65
Net Income to Common	140.15	114.54	107.75	92.97	74.65
Net Income Growth	22.36%	6.30%	15.89%	24.55%	26.80%
Basic Shares Outstanding	29	29	29	29	25
Diluted Shares Outstanding	30	29	29	29	25
Shares Change (YoY)	0.29%	0.27%	1.46%	14.97%	10.49%
EPS (Basic)	4.77	3.91	3.69	3.24	3.00
EPS (Diluted)	4.75	3.89	3.67	3.21	2.97
EPS Growth	22.11%	6.00%	14.33%	8.08%	14.67%
Dividend Per Share	1.260	1.220	1.180	1.140	1.100
Dividend Growth	3.28%	3.39%	3.51%	3.64%	1.85%
Effective Tax Rate	21.35%	20.66%	21.88%	22.57%	21.75%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q