Stock Yards Bancorp, Inc. (SYBT)

Stock Yards Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	407.94	369.59	302.26	216.33	164.32	138.23
Interest Income on Investments	48.81	43.29	44.44	35.32	12.75	9.64
Total Interest Income	456.75	412.88	346.7	251.65	177.08	147.87
Interest Paid on Deposits	147.44	133.54	81.59	16.41	5.63	10.48
Interest Paid on Borrowings	18.27	22.3	17.78	1.86	0.38	1.47
Total Interest Expense	165.72	155.84	99.36	18.27	6	11.95
Net Interest Income	291.03	257.04	247.33	233.38	171.07	135.92
Net Interest Income Growth (YoY)	16.84%	3.92%	5.98%	36.42%	25.86%	8.43%
Trust Income	53.46	53.91	49.84	44.7	34.53	28.81
Mortgage Banking Activities	4.04	3.86	3.71	3.21	4.72	6.16
Gain (Loss) on Sale of Assets	0.01	-0.1	-0.03	3.47	-0.08	0.15
Gain (Loss) on Sale of Investments	-	-	-1.34	-0.35	-0.37	-3.1
Other Non-Interest Income	29.11	28.66	29.89	28.61	20.83	12.62
Total Non-Interest Income	95.33	95.23	90.93	87.93	65.48	48.8
Non-Interest Income Growth (YoY)	-0.51%	4.73%	3.41%	34.27%	34.18%	2.93%
Revenues Before Loan Losses	386.36	352.27	338.26	321.31	236.56	184.72
Provision for Loan Losses	7.73	9.73	13.8	10.26	-0.75	18.42
Revenue	378.63	342.55	324.46	311.05	237.31	166.31
Revenue Growth (YoY)	14.11%	5.57%	4.31%	31.07%	42.70%	-3.17%
Salaries and Employee Benefits	125.4	117.84	110.33	103.21	72.26	59.44
Occupancy Expenses	11.72	10.71	12.83	11.08	7.32	6.16
Federal Deposit Insurance	4.85	4.54	3.91	2.76	1.85	1.22
Amortization of Goodwill & Intangibles	4.07	4.49	4.69	5.54	0.77	0.32
Selling, General & Administrative	43.01	41.64	34.42	29.42	26.72	20.3
Other Non-Interest Expense	19.64	18.46	19.84	18.73	13.67	10.85
Total Non-Interest Expense	209.22	198.18	186.54	171.07	122.89	98.56
EBT Excluding Unusual Items	169.42	144.37	137.93	139.98	114.42	67.74
Pretax Income	169.42	144.37	137.93	120.48	95.4	67.74
Income Tax Expense	34.19	29.83	30.18	27.19	20.75	8.87
Earnings From Continuing Operations	135.23	114.54	107.75	93.29	74.65	58.87
Minority Interest in Earnings	-	-	-	-0.32	-	-
Net Income	135.23	114.54	107.75	92.97	74.65	58.87
Net Income to Common	135.23	114.54	107.75	92.97	74.65	58.87
Net Income Growth	26.63%	6.30%	15.89%	24.55%	26.80%	-10.90%
Basic Shares Outstanding	29	29	29	29	25	23
Diluted Shares Outstanding	30	29	29	29	25	23
Shares Change (YoY)	0.43%	0.27%	1.46%	14.97%	10.49%	-0.42%
EPS (Basic)	4.61	3.91	3.69	3.24	3.00	2.61
EPS (Diluted)	4.58	3.89	3.67	3.21	2.97	2.59
EPS Growth	26.16%	6.00%	14.33%	8.08%	14.67%	-10.38%
Dividend Per Share	1.250	1.220	1.180	1.140	1.100	1.080
Dividend Growth	3.31%	3.39%	3.51%	3.64%	1.85%	3.85%
Effective Tax Rate	20.18%	20.66%	21.88%	22.57%	21.75%	13.10%

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q