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Stock Yards Bancorp, Inc. (SYBT)

NEUTRAL
Financial ServicesBanks - RegionalUnited States

Fundamental

69

Price

$80.52

Market Cap

$2.56B

Part 1 · What the company is worth

Overview

Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, credit card services, and other banking services. This segment also provides securities brokerage services through an arrangement with a third party broker-dealer. The WM&T segment engages in the provision of investment management, financial and retirement planning, and trust and estate services, as well as retirement plan management for businesses and corporations. The company was founded in 1904 and is headquartered in Louisville, Kentucky.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$423M

Trailing 12 months (through 6/30/2026)

Net Income

$150M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$154M

Total Equity

$1.08B

Total Liabilities

$8.46B

Current Ratio

-

Interest Coverage

0.59

Debt/EBITDA

-

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

Growth grid

Growth — Revenue

Fair Value Estimation

BankFairly Valued

Fair Value

$71.45

Current Price

$80.52

Margin of Safety

-12.7%

Fair Value Range

$50.96 - $91.95

Estimation Methods

Analyst price target:$90.20
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$81.58
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):Not applicable to this type of company
Justified P/B:$73.50
Dividend discount (Gordon):$28.10
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (6B / 6H / 0S)
Last Earnings Surprise:+5.01%

Valuation Metrics

P/E Ratio

16.29

ROE

13.0%

P/B Ratio

2.04

P/FCF

17.25

Gross Margin

-

ROIC

-

Profitability Radar

Value Creation (Economic Moat)

ROIC

-

WACC

8.8%

ROIC − WACC

-

Fundamental Analysis Criteria

Passed (17)

  • EPS shows upward trend
  • EPS CAGR 9.04%
  • Price CAGR 5.73%
  • P/FCF 17.25
  • P/B Ratio 2.04
  • Operating Margin 45.0%
  • Positive Free Cash Flow
  • CapEx intensity
  • Low reliance on intangibles
  • ROE 13.4%
  • Analyst Consensus 50% Buy
  • Earnings Surprise avg 3.5%
  • PEG Ratio 1.36
  • Earnings Quality (OCF/NI) 1.07
  • Share Dilution 0.2%
  • Net Margin Trend 35.3% vs 34.3%
  • Piotroski F-Score 7/9

Failed (5)

  • Debt/Equity ratio
  • Interest Coverage
  • Return on Tangible Assets
  • Price below Graham Number
  • DCF valuation (Overvalued)

Unavailable (6)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Current Ratio
  • Debt/EBITDA
  • Revenue Growth 5Y (Finnhub)

Piotroski F-Score

7/9

Strong financial health

score
criteria

Earnings Quality

1.07

High quality: earnings backed by cash

Share Dilution

0.2%

Share count is stable

Governance

Executive Team

NameTitleAge
Mr. James A. HillebrandCEO & Chairman of the Board57
Mr. Philip S. PoindexterPresident & Director59
Mr. T. Clay StinnettExecutive VP, Treasurer & CFO51
Mr. William M. Dishman IIISenior Credit Advisor62
Mr. Michael V. RehmExecutive VP & Chief Lending Officer of Stock Yards Bank & Trust Company60
Mr. Michael W. WoodsSenior VP & Principal Accounting Officer57
Mr. Nathan L. Berger J.D.General Counsel-
Mr. Stephen BrownMarket President of Cincinnati/NKY-
Mr. Michael J. CroceExecutive VP & Director of Retail Banking of Stock Yards Bank & Trust Company55
Ms. Paula MoanMarket President of Indianapolis-

Audit Risk

8

Board Risk

4

Compensation Risk

3

Shareholder Rights Risk

4

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for SYBT, sourced from Markets Gazette.

No recent news for SYBT.