Stock Yards Financials

SYBT Stock  USD 76.87  0.90  1.16%   
Based on the key indicators related to Stock Yards' liquidity, profitability, solvency, and operating efficiency, Stock Yards Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Stock Yards' Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 6 B in 2024, whereas Other Assets are likely to drop slightly above 184.4 M in 2024. Key indicators impacting Stock Yards' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.210.3321
Way Down
Slightly volatile
Return On Assets0.01050.0132
Significantly Down
Pretty Stable
Return On Equity0.180.1256
Way Up
Pretty Stable
Debt Equity Ratio0.30.2642
Moderately Up
Very volatile
Current Ratio2.6 K1.7 K
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Stock Yards includes many different criteria found on its balance sheet. An individual investor should monitor Stock Yards' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Stock Yards.

Net Income

113.14 Million

  
Understanding current and past Stock Yards Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Stock Yards' financial statements are interrelated, with each one affecting the others. For example, an increase in Stock Yards' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Stock Yards' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Stock Yards Bancorp. Check Stock Yards' Beneish M Score to see the likelihood of Stock Yards' management manipulating its earnings.

Stock Yards Stock Summary

Stock Yards competes with First National, Southern Missouri, Shore Bancshares, First Capital, and IF Bancorp. 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. Stock Yards Bancorp, Inc. was founded in 1904 and is headquartered in Louisville, Kentucky. Stock Yards operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 820 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8610251048
CUSIP861025104 785060104
LocationKentucky; U.S.A
Business Address1040 East Main
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.syb.com
Phone502 582 2571
CurrencyUSD - US Dollar

Stock Yards Key Financial Ratios

Stock Yards Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.6B6.6B7.5B8.2B8.6B
Other Current Liab(640K)(391K)(300K)(660K)(2.1M)(2.0M)
Net Debt33.1M(11.5M)39.9M(6.2M)132.3M138.9M
Retained Earnings333.7M353.6M391.2M439.9M506.3M531.7M
Accounts Payable640K391K300K660K2.1M2.0M
Cash46.9M43.2M62.3M82.5M94.5M99.2M
Other Assets2.6B3.3B4.0B5.9B194.1M184.4M
Net Receivables10.7M29.8M30.0M38.6M46.3M48.6M
Total Liab3.7B4.2B300K6.7B7.3B7.7B
Total Current Assets528.3M660.0M1.3B1.2B266.0M252.7M
Short Term Debt44.7M73.7M88.5M145.6M169.2M177.7M
Common Stock36.2M36.5M49.5M58.4M58.6M61.5M
Other Liab38.2M88.2M96.8M99.4M114.4M120.1M
Long Term Debt48.2M80.0M31.6M26.3M226.7M238.1M
Inventory(263.7M)(336.4M)(1.0B)(232.4M)67.6M71.0M
Other Current Assets263.7M336.4M1.0B215.9M480.4M848.5M
Intangible Assets3.7M4.7M10.1M40.2M33.4M35.1M
Net Tangible Assets391.5M426.2M534.4M541.4M622.6M373.6M
Capital Surpluse35.7M41.9M243.1M377.7M434.4M456.1M

Stock Yards Key Income Statement Accounts

The reason investors look at the income statement is to determine what Stock Yards' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense22.5M12.0M6.0M18.3M99.4M104.3M
Total Revenue172.5M185.2M232.1M311.9M346.7M364.0M
Gross Profit172.5M185.2M232.1M311.9M(6.6B)(6.2B)
Operating Income75.7M67.7M95.4M138.4M(6.7B)(6.3B)
Ebit75.7M72.8M95.5M120.5M(6.7B)(6.3B)
Ebitda80.5M77.5M101.1M132.5M(6.7B)(6.3B)
Income Before Tax75.7M67.7M95.4M120.5M137.9M144.8M
Net Income66.1M58.9M74.6M93.0M107.7M113.1M
Income Tax Expense9.6M8.9M20.8M27.2M30.2M31.7M
Tax Provision9.6M8.9M20.8M27.2M30.2M19.3M
Net Interest Income125.2M135.9M171.1M233.4M247.3M160.9M
Interest Income147.8M147.9M177.1M251.7M346.7M184.2M

Stock Yards Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash50.8M68.2M643.2M(793.8M)98.6M103.5M
Free Cash Flow53.3M71.7M97.5M90.3M99.0M103.9M
Depreciation4.9M9.7M11.3M20.7M21.9M23.0M
Other Non Cash Items(7.5M)1.9M13.8M13.0M7.6M4.3M
Dividends Paid23.5M24.5M28.2M33.3M34.6M36.3M
Capital Expenditures5.1M5.5M4.6M18.4M7.7M4.7M
Net Income66.1M58.9M74.6M93.3M107.7M113.1M
End Period Cash Flow249.7M317.9M961.2M167.4M266.0M279.3M
Investments(140.9M)(654.0M)247.5M(213.1M)(424.0M)(402.8M)
Net Borrowings(22.8M)(31.8M)(107.7M)36.9M33.2M34.8M
Change To Netincome(9.8M)(2.3M)24.5M10.6M9.6M5.3M

Stock Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Stock Yards's current stock value. Our valuation model uses many indicators to compare Stock Yards value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stock Yards competition to find correlations between indicators driving Stock Yards's intrinsic value. More Info.
Stock Yards Bancorp is rated fourth in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stock Yards Bancorp is roughly  9.37 . At this time, Stock Yards' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Stock Yards by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Stock Yards Bancorp Systematic Risk

Stock Yards' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stock Yards volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Stock Yards Bancorp correlated with the market. If Beta is less than 0 Stock Yards generally moves in the opposite direction as compared to the market. If Stock Yards Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stock Yards Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stock Yards is generally in the same direction as the market. If Beta > 1 Stock Yards moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Stock Yards Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stock Yards' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Stock Yards growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.18

At this time, Stock Yards' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Stock Yards November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Stock Yards help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stock Yards Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stock Yards Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Stock Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stock Yards's daily price indicators and compare them against related drivers.

Additional Tools for Stock Stock Analysis

When running Stock Yards' price analysis, check to measure Stock Yards' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.