Brief: Stock Yards Bancorp Q2 EPS USD 1.15

Stock Yards Bancorp

23/07/2025 12:30

Overview

Stock Yards Q2 net income rises to $34 mln, driven by loan growth

Net interest income up 18% yr/yr, reflecting expanded net interest margin

Company announces share repurchase plan for up to 1 mln shares

Outlook

Company expects net interest margin to remain steady despite deposit competition

Stock Yards Bancorp optimistic about Wealth Management & Trust momentum

Result Drivers

LOAN GROWTH - $779 mln increase in total loans, with broad-based growth across markets and categories

NET INTEREST MARGIN - Expanded by 27 basis points year-over-year, driven by strong asset growth and yield expansion

DEPOSIT EXPANSION - Deposits grew $938 mln over the past 12 months, supported by a successful time deposit campaign

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.15
Q2 Net Income
$34.02 mln
Q2 Net Interest Income
$73.47 mln
Q2 Credit Loss Provision
$2.18 mln
Q2 Dividend
$0.31


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Stock Yards Bancorp Inc is $80.00, about 2.6% above its July 22 closing price of $77.94

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX5VJyg3

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)