Stock Yards Bancorp, Inc.
Stock Yards Bancorp, Inc. (SYBT) is listed on NASDAQ and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in Louisville, United States and has 1,270 employees. The company is worth $2.44B and trades at 15.3x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $397.26M in fiscal 2025, up 12.8% from the year before. Net income was $140.15M. The share price is 11.9% below its 52-week high of $89.22. It pays a dividend yielding 1.68%, and has raised its annual dividend for 16 years in a row in our records. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $5.96M. In that quarter, 3 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +28.2% over 5Y.
today you would have $1,384.47▲ +38.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $64.95 | $71.61 | $51.49 | $64.98 | $63.88 | $40.48 | $41.06 | $32.80 | $37.70 | $46.95 | $25.19 | $22.23 | $21.28 | $14.95 | $13.69 | $16.37 | $14.23 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 12.9% a year plus a 1.7% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 15.3 across this company’s own years on record.
Cash flow growing 12.9% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 6.3% a year against a 7.8% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| APAMArtisan Partners Asset Management Inc. | $34.40 | 8.0x | 5.8x | 10.06% | 64.55% | $2.44B |
| LIFEEthos Technologies Inc. | $37.52 | — | 5.0x | 0.00% | -26.11% | $2.44B |
| PURRHyperliquid Strategies Inc | $8.68 | 3.0x | 0.9x | 0.00% | 32.64% | $2.42B |
| BBTBeacon Financial Corp |
| 15.3x |
| 13.7x |
| 18.4x |
| 14.0x |
| 20.2x |
| 21.5x |
| 15.6x |
| 14.2x |
| 13.6x |
| 22.7x |
| 26.1x |
| 15.3x |
| 14.2x |
| 16.9x |
| 12.1x |
| 12.0x |
| 14.7x |
| 17.9x |
| P/S | 4.8x | 4.8x | 6.0x | 4.4x | 5.9x | 7.2x | 4.9x | 5.3x | 4.7x | 5.8x | 7.6x | 4.4x | 4.0x | 4.0x | 2.8x | 2.7x | 3.4x | — |
| P/B | 2.0x | 1.8x | 2.2x | 1.8x | 2.5x | 2.5x | 2.1x | 2.3x | 2.0x | 2.6x | 3.4x | 2.0x | 1.9x | 2.0x | 1.5x | 1.5x | 2.0x | — |
| EPS | $4.75 | $3.89 | $3.67 | $3.21 | $2.97 | $2.59 | $2.89 | $2.42 | $1.66 | $1.80 | $1.65 | $1.57 | $1.26 | $1.23 | $1.14 | $1.11 | $0.79 |
| Dividend yield | 2.54% | 1.94% | 1.70% | 2.29% | 1.75% | 1.72% | 2.67% | 2.53% | 2.93% | 2.12% | 1.88% | 2.54% | 2.64% | 2.54% | 3.43% | 3.51% | 2.81% | 3.19% |
| Payout | 39.67% | 26.53% | 31.36% | 32.15% | 35.51% | 37.04% | 41.70% | 35.99% | 39.67% | 48.19% | 49.07% | 38.79% | 37.37% | 42.86% | 41.62% | 42.11% | 41.32% | 57.14% |
| Profit margin | 28.99% | 35.28% | 32.51% | 31.73% | 28.93% | 31.51% | 31.34% | 37.80% | 34.78% | 25.68% | 29.26% | 28.99% | 28.33% | 23.36% | 22.95% | 22.70% | 22.81% | 18.38% |
| ROE | 12.58% | 13.03% | 12.18% | 12.56% | 12.27% | 11.04% | 13.36% | 16.26% | 15.15% | 11.40% | 13.07% | 12.98% | 13.40% | 11.84% | 12.58% | 12.58% | 13.51% | 10.62% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+33.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $29.95 |
| 8.1x |
| 1.0x |
| 4.31% |
| 8.42% |
| $2.51B |
| LCLNLincoln International, Inc. | $24.04 | — | 6.2x | 0.29% | — | $2.53B |
| BUSEFirst Busey Corp | $30.63 | 12.7x | 1.1x | 3.40% | 9.63% | $2.53B |