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SYBT

STOCK YARDS BANCORP, INC.

In the published model solve dated 2026-Q2, anchored at $84.92, STOCK YARDS BANCORP, INC. (SYBT) is priced for more than 15.8% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.

Published model solve
more than 15.8% return on equity
Priced In
unavailable

Key Takeaways

• Stock Yards Bancorp is a Louisville-based commercial bank with a genuine second engine: a Wealth Management & Trust group that posted record net new business in the first quarter while loans grew 9% year over year to $7.23 billion. [Source: Q1 2026 earnings release, April 2026] • The price pays about 2 times book, at the very top of the peer group, which assumes the bank keeps earning elite returns on equity for decades; it earns about 13% now, so the premium is durability, not a turnaround. •

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Institutional ownership

229 institutional managers reported holding SYBT in 13F filings for the quarter ended 2026-03-31. Together they hold about 63% of the company; the top 10 hold 38%. 20 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 1.5M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

SYBT's share count grew 21.7% over the past five years even with $10.28M spent on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 8 years straight; the current rate is $1.26 a share annually. Cash returned over the past three years: $99.99M in dividends and $7.90M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at SYBT over the trailing three years: 2023: 2 buys totaling $12k; 2024: 2 buys totaling $46k; 2025: 2 buys totaling $140k. 20 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

SYBT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2022-05-07+3.7%+16.1%
2022-08-06+4.2%+1.0%
2022-11-05+2.4%-15.9%
2023-02-25-2.4%-16.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

SYBT's latest 8-K filings: 2026-07-29 (items 2.02, 9.01); 2026-05-01 (items 5.02, 7.01, 8.01, 9.01); 2026-04-29 (items 5.07, 9.01); 2026-04-22 (items 2.02, 9.01); 2026-01-27 (items 1.01, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.