Full Year Earnings Hit Record $140.2 Million or $4.75 Per Diluted Share Tangible Book Value Per Share Increases 19% Year Over Year To A Record $29.50 LOUISVILLE, Ky., Jan. 27, 2026 (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 ...
Full Year Earnings Hit Record $140.2 Million or $4.75 Per Diluted Share Tangible Book Value Per Share Increases 19% Year Over Year To A Record $29.50 LOUISVILLE, Ky., Jan. 27, 2026 (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, today reported record earnings of $36.6 million, or $1.24 per diluted share, for the fourth quarter ended December 31, 2025. This compares to net income of $31.7 million, or $1.07 per diluted share, for the fourth quarter ended December 31, 2024. Solid loan and deposit growth, coupled with non-interest income growth and excellent credit quality metrics, contributed to record fourth quarter 2025 operating results. For the year ended December 31, 2025, the Company produced record net income of $140.2 million, or $4.75 per diluted share, a 22% increase over the prior year, led by loan growth in all markets combined with net interest margin expansion and strong credit quality. (dollar amounts in thousands, except per share data) 4Q25 3Q25 4Q24 Net income $ 36,614 $ 36,241 $ 31,694 Net income per share, diluted 1.24 1.23 1.07 Net interest income $ 79,250 $ 77,037 $ 69,969 Provision for credit losses(1) 1,650 1,975 2,675 Non-interest income 25,128 24,476 23,507 Non-interest expenses 54,806 53,831 51,657 Net interest margin 3.57 % 3.56 % 3.44 % Efficiency ratio(2) 52.46 % 52.99 % 55.21 % Tangible common equity to tangible assets(3) 9.32 % 9.16 % 8.44 % Annualized return on average assets(4) 1.54 % 1.56 % 1.45 % Annualized return on average equity(4) 13.78 % 14.16 % 13.45 % “2025 was a banner year for Stock Yards, reflecting exceptional performance with record earnings for the fourth quarter and the full year,” commented James A. (Ja) Hillebrand, Chairman and Chief Executive Officer. “We delivered solid loan growth during this quarter, our...