Stock Yards Bancorp Earnings Reports

Stock Yards Bancorp reported record net income of $33.3 million, or $1.13 per diluted share, for the first quarter ended March 31, 2025. This represents a significant increase from $25.9 million, or $0.88 per diluted share, in the same period last year. The strong performance was primarily attributed to robust loan growth and an improved net interest margin.

Stock Yards Bancorp reported record earnings of $31.7 million, or $1.07 per diluted share, for the fourth quarter ended December 31, 2024. The company experienced substantial loan growth, strong revenue generation, and net interest margin expansion. Total loans increased by a record $749 million over the last 12 months, with $242 million of growth generated during the fourth quarter.

Stock Yards Bancorp reported a record third quarter with earnings of $29.4 million, or $1.00 per diluted share. The results were fueled by strong loan growth and net interest margin expansion. Total loans increased by $207 million during the quarter, and deposit balances expanded by $157 million.

Stock Yards Bancorp reported earnings of $27.6 million, or $0.94 per diluted share, for the second quarter ended June 30, 2024. The results were driven by record loan growth, stable asset quality, and net interest margin expansion. Total loans increased by $221 million during the quarter, and net interest margin expanded by six basis points compared to the linked quarter.

Stock Yards Bancorp reported a net income of $25.9 million, or $0.88 per diluted share, for the first quarter ended March 31, 2024. The results were driven by steady loan growth, strong asset quality, and robust non-interest income generation. Total loans increased by $79 million during the quarter, and wealth management & trust posted a record quarter.

Stock Yards Bancorp reported Q4 2023 earnings of $23.9 million, or $0.82 per diluted share. The results were driven by strong loan growth across all markets and deposit growth, with net income surpassing $100 million for the first time in 2023.

Stock Yards Bancorp reported earnings of $27.1 million, or $0.92 per diluted share, for the third quarter ended September 30, 2023. The results were highlighted by near-record loan growth, linked quarter deposit growth and strong levels of non-interest income.

Stock Yards Bancorp reported earnings for the second quarter ended June 30, 2023, of $27.7 million, or $0.94 per diluted share, compared to net income of $26.8 million, or $0.91 per diluted share, for the second quarter of 2022. The results for the second quarter of 2023 included strong loan growth and record levels of non-interest income.

Stock Yards Bancorp reported net income of $29.0 million, or $0.99 per diluted share, for the first quarter ended March 31, 2023. The results reflect steady organic loan growth and strong capital levels. Total loans, excluding PPP loans, increased $46 million in the first quarter.

Stock Yards Bancorp reported record earnings for the fourth quarter ended December 31, 2022, with net income of $29.8 million, or $1.01 per diluted share, compared to $24.6 million, or $0.92 per diluted share, for the fourth quarter of 2021. The results were driven by organic loan growth and expanded net interest margin.

Stock Yards Bancorp reported a record third quarter with net income of $28.5 million, or $0.97 per diluted share, compared to $23.2 million, or $0.87 per diluted share, for the third quarter of 2021. The results were driven by organic loan growth and expanded net interest margin. The company is progressing with the integration of Commonwealth Bancshares.

Stock Yards Bancorp reported solid earnings for the second quarter of 2022, with net income of $26.8 million, or $0.91 per diluted share. The results were driven by organic loan growth, increased non-interest income, and the successful merger with Commonwealth Bancshares. The company's net interest margin also benefited from interest rate increases.

Stock Yards Bancorp reported a net income of $7.9 million, or $0.29 per diluted share, for the first quarter of 2022. The results reflected strong organic loan growth and record levels of non-interest income, but were impacted by merger expenses and merger-related credit loss expenses.

Stock Yards Bancorp reported a net income of $24.6 million, or $0.92 per diluted share, for the fourth quarter ended December 31, 2021, compared to $17.7 million, or $0.78 per diluted share, for the fourth quarter of 2020. The company experienced strong organic balance sheet growth and record levels of non-interest income during the quarter.

Stock Yards Bancorp reported a strong third quarter with net income of $23.2 million, or $0.86 per diluted share. The results were driven by strong organic loan growth and record levels of operating income, highlighted by wealth management and trust, card income, and treasury management fees. The successful merger with Kentucky Bancshares also contributed to top-line revenue growth.

Stock Yards Bancorp reported net income of $4.2 million, or $0.17 per diluted share, for the second quarter ended June 30, 2021. The results reflect $18.1 million in merger expenses and $7.4 million in merger related credit loss expense. The quarter also saw strong organic loan growth and record levels of non-interest income.

Stock Yards Bancorp reported a record first quarter with net income increasing 72% to $22.7 million, or $0.99 per diluted share, driven by strong core deposit growth and PPP related fee and interest income. The company also announced an agreement to acquire Kentucky Bancshares.

Stock Yards Bancorp reported a record fourth quarter with a 7% increase in net income to $17.7 million, or $0.78 per diluted share, driven by record quarterly loan growth and strong revenue.

Stock Yards Bancorp reported net income of $14.5 million, or $0.64 per diluted share, for the third quarter ended September 30, 2020. The results reflect a positive trend in loan deferrals and were driven by improved net interest income, record mortgage banking income, and controlled non-interest expenses.

Stock Yards Bancorp reported net income of $13.4 million, or $0.59 per diluted share, for the second quarter ended June 30, 2020. The results reflect solid performance amidst pandemic-related economic challenges, driven by record mortgage banking income and controlled non-interest expenses.

Stock Yards Bancorp reported a net income of $13.2 million, or $0.59 per diluted share, for the first quarter of 2020. This compares to a net income of $15.6 million, or $0.68 per diluted share, for the first quarter of 2019. The results reflect a significant provision for credit losses due to loan growth and the potential economic effects of the COVID-19 pandemic.

Stock Yards Bancorp reported strong fourth-quarter earnings with a net income of $16.6 million, or $0.73 per diluted share, an increase from $14.7 million, or $0.64 per diluted share, in the fourth quarter of 2018. Total revenue increased by 11% to $45.9 million.