Stock Yards Bancorp (SYBT) Financial Statements & Analysis

Stock Yards Bancorp (SYBT) Income Statement

Stock Yards Bancorp reported revenue of $390.56M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 22.0% from $500.95M a year earlier. Net income was $140.15M, up 22.4% year over year, a net margin of 35.9%. Gross margin was 100.0% and operating margin 45.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $114.58M, up 19.8% from the same quarter a year earlier.

Stock Yards Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Stock Yards Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	390.56	500.95	324.46	330.55	237.31	197.16	194.83	172.67	155.40
Cost of Revenue	173.98	165.56	113.16	28.53	5.25	30.37	23.54	18.06	9.80
Gross Profit	390.56	335.38	319.31	302.03	233.26	166.80	172.52	155.70	145.60
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	58.93	132.57	53.74	110.97	34.27	66.03	64.45	60.26	56.24
Operating Expenses	212.36	191.02	181.38	181.54	137.86	99.05	95.62	87.06	90.42
Operating Income	178.20	144.37	137.93	120.48	95.40	67.74	75.66	67.55	55.18
Other Income/Expense
Interest Income	467.59	412.88	346.70	251.65	177.08	147.87	147.77	129.93	110.90
Interest Expense	167.28	155.84	99.36	18.27	6.00	11.95	22.54	15.36	7.25
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	178.20	144.37	137.93	120.48	95.40	67.74	75.66	67.55	55.18
Income Tax Expense	38.05	29.83	30.18	27.19	20.75	8.87	9.59	12.03	17.14
Net Income	140.15	114.54	107.75	92.97	74.65	58.87	66.07	55.52	38.04
Net Income - Continuous Operations	140.15	114.54	107.75	92.97	74.65	58.87	66.07	55.52	38.04
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	7.80	157.72	21.94	141.14	11.33	77.49	80.54	73.50	68.63
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	7.80	13.35	4.69	20.66	11.33	9.74	4.88	5.78	13.64
Earnings Per Share
Basic EPS	5.00	4.00	4.00	3.00	3.00	3.00	3.00	2.00	2.00
Diluted EPS	5.00	4.00	4.00	3.00	3.00	3.00	3.00	2.00	2.00
Basic Shares Outstanding	29.36	29.29	29.21	28.67	24.90	22.56	22.60	22.62	22.53
Diluted Shares Outstanding	29.51	29.42	29.34	28.92	25.16	22.77	22.87	22.94	22.98

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Stock Yards Bancorp Financial Statements

What was Stock Yards Bancorp's revenue in fiscal 2025?

Stock Yards Bancorp reported revenue of $390.56M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 22.0% from $500.95M a year earlier.

Is Stock Yards Bancorp profitable?

Yes. Stock Yards Bancorp earned net income of $140.15M in fiscal 2025, a net margin of 35.9%. In fiscal 2024 it earned $114.54M.

What is Stock Yards Bancorp's operating margin?

Stock Yards Bancorp's operating income was $178.20M on revenue of $390.56M in fiscal 2025, an operating margin of 45.6%, compared with 28.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition