Stock Yards Bancorp (SYBT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual inve ...

财务业绩 - 净收入达2,936万美元，每股摊薄收益为1.00美元[214] - 净收入总计82.845百万美元，较上年同期下降1%[217] - 每股摊薄收益为2.82美元，较上年同期下降1%[217] - 资产收益率(ROA)为1.34%，较上年同期下降12个基点[217] - 股东权益收益率(ROE)为12.53%，较上年同期下降154个基点[217] 贷款和存款 - 贷款总额增加6.61亿美元，或12%，各类贷款均有增长[215] - 存款余额增加3.23亿美元，或5%，主要由于定期存款的增长抵消了活期存款的减少[215] - 贷款总额增加661百万美元，增长12%[217] - 存款余额增加323百万美元，增长5%[217] - 平均贷款余额增加6.88亿美元，同比增长13%[234] - 平均投资证券下降2.35亿美元，同比下降14%[235] - 活期存款和银行存款平均余额增加2400万美元，同比增长19%[236] - 贷款利息和费用收入增加1740万美元，同比增长22%[237] - 平均计息负债增加6.25亿美元，同比增长12%[239] - 平均计息存款增加5.38亿美元，同比增长12%[240] - 联邦住房贷款银行(FHLB)贷款平均余额增加6000万美元，同比增长15%[241] - 平均SSUAR(结构性存款)余额增加3000万美元，同比增长23%[242] - 贷款总额增加至61.74亿美元，较上年同期增加12.5%[264] - 存款总额增加至50.48亿美元，较上年同期增加12.0%[264] 净息差和利率风险管理 - 净利息收入(FTE)增加360万美元，或6%[215] - 净利差(FTE)下降35个基点至2.52%[223] - 净利差(FTE)下降18个基点至3.26%[223] - 平均利息收益资产增加460百万美元，增长6%[223] - 净利息收入增加至6506.4万美元，较上年同期增加6.0%[264] - 净利息差为2.57%，较上年同期下降11个基点[264] - 净利息收益率为3.33%，较上年同期下降1个基点[264] - 利率上升100和200个基点将对净利息收入产生略微正面影响，利率下降100和200个基点将对净利息收入产生略微负面影响[276] - 公司定期使用利率掉期等衍生工具来管理利率风险[278] 贷款损失准备金 - 贷款损失准备金计提代表管理层判断维持贷款损失准备金处于适当水平所需的费用[281] - 公司的贷款损失准备金总额为8,534.3万美元,占总贷款的1.36%[282][283] - 三个月和九个月内,贷款损失准备金分别计提432.5万美元和657.5万美元,主要由于贷款增长和失业率预测恶化[284][285] - 表外信用敞口损失准备金在2024年9月30日达到630万美元,较2023年9月30日的560万美元有所增加[286][287] 财富管理和信托服务 - 财富管理和信托服务收入在三个月和九个月内分别增长9%和9%,占非利息收入的44.1%和45.3%[290][291] - 财富管理和信托服务的非经常性收入在三个月和九个月内分别增长288,000美元和534,000美元,主要由于遗产费收入增加[294] - 截至2024年9月30日,财富管理和信托服务的资产管理规模达到73.2亿美元,较2023年9月30日的66.7亿美元增长[295] - 财富管理和信托服务收入主要来自投资顾问和个人信托账户,占比较高[298] - 截至2024年9月30日，资产管理规模(AUM)为73.17亿美元，较2023年12月31日的71.60亿美元增加了2.2%[299] - 截至2024年9月30日和2023年12月31日，约80%和82%的AUM为主动管理[300] - 2024年9月30日的管理资产中，67%投资于股票，33%投资于固定收益证券[303] 非利息收入和非利息支出 - 非利息收入增加190万美元，或8%，主要来自财富管理和现金管理业务的强劲表现[215] - 非利息支出增加180万美元，或4%，主要由于薪酬和技术支出的增加[215] - 存款服务费收入增加了2%和不到1%[304] - 借记卡和信用卡收入分别增加了3%和13%[305] - 现金管理服务费收入增加了12%和12%[306] - 抵押贷款收入增加了37%和7%[308] - 投资产品销售佣金和费用收入增加了16%和10%[309] - 银行自有保险收入增加了11%和8%[310] - 非利息支出增加了4%和6%，其中薪酬和福利占比分别为62.3%和61.4%[314,315] - 员工福利费用增加121,000美元或3%,主要由于医疗保险索赔活动增加[316] - 技术和通信费用增加264,000美元或6%,与公司的增长和持续投资技术相一致[318] - 借记卡和信用卡处理费用增加208,000美元或13%,由于交易量和客户群扩大[319] - FDIC保险费用增加158,000美元或17%,与公司的增长相一致[324] - 公司于2024年1月1日采用ASU 2023-02准则,将税收抵免摊销费用计入所得税费用,不再计入非利息费用[325] 资产负债表 - 总资产增加2.67亿美元或3%,主要由于贷款增加5.07亿美元或9%[331] - 存款增加5,500万美元或1%,FHLB借款增加1.25亿美元或63%[332] - 股东权益增加7,600万美元或9%,主要由于净收益8,280万美元和其他综合收益改善1,750万美元[333] - 贷款组合多元化,未出现任何行业集中度超过10%[340] - 商业地产贷款占比42%,其中医疗相关办公楼贷款占40%,表现良好[341,342] - 非履约贷款和资产总额为1716.8万美元，占总资产的0.20%[346] - 逾期贷款占总贷款的0.44%，主要由44笔住房贷款和2笔商业房地产贷款拖累[348] - 分类贷款总额为1.67亿美元，主要由OAEM和次级贷款增加所致[349][350] - 贷款损失准备金的分配在商业房地产和商业及工业贷款之间发生了调整[355][358] - 公司总贷款余额为61.74亿美元，较上年同期增长12.5%[359] - 公司商业房地产贷款余额为25.58亿美元，较上年同期增长10.4%[359,360] - 公司商业及工业贷款余额为13.33亿美元，较上年同期增长8.3%[359,360] - 公司住房贷款余额为11.07亿美元，较上年同期增长13.8%[359,360] - 公司建筑及土地开发贷款余额为5.81亿美元，较上年同期增长28.8%[360] - 公司信用卡贷款余额为2,449万美元，较上年同期增长7.0%[359,360] - 公司拨备用于表外信用敞口的准备金余额为633万美元[361] - 公司固定资产净值为1.1亿美元，较上年末增长10%[362] - 公司商誉余额为1.94亿美元，未发生减值[364,365] - 公司存款总额为55亿美元，较上年末增长1%[368,369] - 银行持有的FHLB贷款总额从2023年12月31日的2亿美元增加到2024年9月30日的3.25亿美元[375] - 银行的核心存款占总存款的88%，相比2023年12月31日的87%有所增加[380] - 银行的可用FHLB信贷额度从2023年12月31日的13.3亿美元减少到2024年9月30日的12.1亿美元[383] - 银行的股东权益从2023年12月31日的8.58亿美元增加到2024年9月30日的9.34亿美元，增幅为9%[394] - 银行的有形股本比率从2023年12月31日的8.09%提高到2024年9月30日的8.79%[395]

For the quarter ended September 2024, Stock Yards Bancorp (SYBT) reported revenue of $89.86 million, up 6.6% over the same period last year. EPS came in at $1.00, compared to $0.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $87.57 million, representing a surprise of +2.62%. The company delivered an EPS surprise of +7.53%, with the consensus EPS estimate being $0.93.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Stock Yards Bancorp (SYBT) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.53%. A quarter ago, it was expected that this holding company for Stock Yards Bank & Trust Co. Would post earnings of $0.84 per share when it actually produced earnings of $0.94, delivering a surprise of 11.90%. ...

EXHIBIT 99.1 Stock Yards Bancorp Reports Third Quarter Earnings of $29.4 Million or $1.00 Per Diluted Share Record Third Quarter Results Highlighted by Linked Quarter Net Interest Margin Expansion and Robust Loan Growth LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by it ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Investors might want to bet on Stock Yards Bancorp (SYBT) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individu ...

Stock Yards Bancorp, Inc. (SYBT) announced a quarterly cash dividend of 31 cents per share. This reflects a 3.3% hike from the prior payout. The dividend will be paid out on Oct 1, 2024, to shareholders of record as of Sep 16. Markedly, with this announcement, Stock Yards Bancorp has increased its quarterly dividend 17 times since 2011, reflecting a cumulative hike of 158% over the period. Currently, SYBT's payout ratio is 34% of earnings. This indicates that it retains adequate earnings for reinvestment an ...

The price trend for Stock Yards Bancorp (SYBT) has been bearish lately and the stock has lost 6.4% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor t ...