Stock Yards Bancorp, Inc. (SYBT)
Stock Yards Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Louisville, KY, US. The stock last traded at $85.20, up 1.99% on the session, giving a market capitalisation of $2.51B. On trailing twelve-month figures it carries a trailing P/E of 16.90, a net margin of 26.7%. Its beta of 0.68 implies it has historically moved less than the broad market.
Stock Yards Bancorp, Inc. serves as the parent company for Stock Yards Bank & Trust Company, providing a comprehensive range of financial solutions to individuals, businesses, and other clients across the United States. Its operations are divided into two main segments: Commercial Banking and Wealth Management & Trust (WM&T). The Commercial Banking segment offers services such as mortgage and deposit accounts, a variety of lending options including retail, commercial, and commercial real estate loans, alongside online and mobile banking, private banking, leasing, treasury management, merchant services, international banking, and correspondent banking. This segment also arranges for securities brokerage services through an agreement with an independent broker-dealer. The WM&T division specializes in investment management, financial and retirement planning, trust and estate administration, and managing retirement plans for businesses and corporations. Founded in 1904, Stock Yards Bancorp, Inc. is headquartered in Louisville, Kentucky, and operates 73 full-service banking centers across Louisville and the central, eastern, and northern regions of Kentucky, as well as in the Indianapolis, Indiana, and Cincinnati, Ohio metropolitan areas.
Stock Yards Bancorp, Inc. is most often compared with the following Financial Services names: