Stock Yards BancorpSYBT
SYBT
About: Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth Management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Employees: 1,068
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
25% more capital invested
Capital invested by funds: $861M [Q2] → $1.07B (+$213M) [Q3]
10% more funds holding
Funds holding: 164 [Q2] → 181 (+17) [Q3]
0.01% more ownership
Funds ownership: 58.9% [Q2] → 58.92% (+0.01%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 65
65% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $4.95M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$69
6%
downside
Avg. target
$73
1%
downside
High target
$76
4%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Stephens & Co. Terry McEvoy 88% 1-year accuracy 21 / 24 met price target | 4%upside $76 | Equal-Weight Downgraded | 15 Nov 2024 |
Piper Sandler Nathan Race 76% 1-year accuracy 16 / 21 met price target | 6%downside $69 | Neutral Maintained | 24 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Stock Yards Bancorp: Earnings Outlook Rosy Thanks To Expected Growth Of Loans, Margin
Stock Yards Bancorp's average loan yield is stickier than the average deposit cost; therefore, the margin will benefit in a falling interest-rate environment. The robust residential loan segment will keep total loan growth in double digits. However, the commercial segment will likely weaken. The December 2025 target price suggests a double-digit price upside. Further, SYBT is offering a low dividend yield of 1.7%.
Positive
Zacks Investment Research
3 weeks ago
2025 Might Be Great for Banks: 3 Stocks to Invest in Now
Bank stocks like BK, NTRS and SYBT are worth a look for lucrative returns in 2025, given interest rate cuts and expected expansionary fiscal measures.
Neutral
GlobeNewsWire
2 months ago
Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.31 Per Common Share
LOUISVILLE, Ky., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024.
Neutral
GlobeNewsWire
2 months ago
Stock Yards Bancorp to Participate in the Piper Sandler 2024 East Coast Financial Services Conference
LOUISVILLE, Ky., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that Ja Hillebrand, Chairman and CEO and T. Clay Stinnett, EVP and CFO will participate in the Piper Sandler 2024 East Coast Financial Services Conference to be held November 13th and 14th, and will participate in a series of meetings with institutional investors.
Positive
Zacks Investment Research
2 months ago
Stock Yards (SYBT) Upgraded to Buy: Here's Why
Stock Yards (SYBT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Neutral
GlobeNewsWire
2 months ago
Stock Yards Bancorp to Participate in the 2024 Hovde Group Financial Services Conference
LOUISVILLE, Ky., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that Ja Hillebrand, Chairman and CEO and T. Clay Stinnett, EVP and CFO will participate in the 2024 Hovde Group Financial Services Conference to be held November 6th through November 8th, and will participate in a series of meetings with institutional investors.
Positive
Zacks Investment Research
2 months ago
Stock Yards (SYBT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Stock Yards (SYBT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
2 months ago
Stock Yards Bancorp (SYBT) Tops Q3 Earnings and Revenue Estimates
Stock Yards Bancorp (SYBT) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.92 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Stock Yards Bancorp Reports Third Quarter Earnings of $29.4 Million or $1.00 Per Diluted Share
Record Third Quarter Results Highlighted by Linked Quarter Net Interest Margin Expansion and Robust Loan Growth Record Third Quarter Results Highlighted by Linked Quarter Net Interest Margin Expansion and Robust Loan Growth
Neutral
GlobeNewsWire
3 months ago
Stock Yards Bancorp Named to Piper Sandler Sm-All Stars: Class of 2024 List for Small-Cap Banks
Regional community bank ranks among top performers nationwide as analyzed by Piper Sandler Regional community bank ranks among top performers nationwide as analyzed by Piper Sandler
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