Stock Yards Bancorp Q4 net income rises 15% yr/yr, helped by  loan and deposit growth

Stock Yards Bancorp

27/01/2026 22:08

Overview

U.S. bank's Q4 net income rose 15% yr/yr, driven by loan and deposit growth

Net interest income for Q4 increased 13% yr/yr

Company's wealth management division achieved record results in Q4

Outlook

Company anticipates continued growth from geographic expansion and diversified footprint

Stock Yards Bancorp optimistic about Wealth Management & Trust division's momentum

Company committed to sustainable growth and managing interest rate impacts

Result Drivers

LOAN AND DEPOSIT GROWTH - Total loans increased 8% over the last 12 months, with deposit balances expanding 9%, driven by time deposit growth

NON-INTEREST INCOME - Non-interest income increased 7% year-over-year, with Wealth Management & Trust division achieving record results

NET INTEREST MARGIN - Net interest margin expanded 13 basis points year-over-year, driven by strong earning asset growth and a decline in the cost of interest-bearing liabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.24
Q4 Net Income
$36.61 mln
Q4 Net Interest Income
$79.25 mln
Q4 Credit Loss Provision
$1.65 mln
Q4 Dividend
$0.32


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 $76.00, about 11.7% above its January 26 closing price of $68.01

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX4fYSqv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)