secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001171843-21-007171
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp Q3 EPS $0.86, up 34% vs $0.64 YoY; record non-interest income
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- Net income $23.2M ($0.86 diluted EPS) vs $14.5M ($0.64) in Q3 2020; net interest income $45.5M (+35% YoY).
- Organic loan growth ex-PPP $128M (second-largest quarter ever); total loans ex-PPP up 40% YoY including Kentucky Bancshares.
- Record non-interest income $17.6M (+35% YoY); wealth management/trust $7.1M (+26%), card income +75%, treasury mgmt +29%.
- Dividend raised to $0.28/share; pending Commonwealth Bancshares merger ($1.2B assets) expected to close Q4 2021.
- Net benefit of $1.5M to provision for credit losses; non-performing loans only 0.13% of loans ex-PPP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184321007171/0001171843-21-007171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184321007171/f8k_102621.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007171

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