---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-000486"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:40:40.965724+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Stock Yards Bancorp posts record 2021 net income $74.6M; Q4 EPS $0.92 vs $0.78 YoY

## Summary
- Net income Q4 2021: $24.6M ($0.92 diluted EPS) vs $17.7M ($0.78) in Q4 2020; full-year record $74.6M ($2.97) vs $58.9M ($2.59).
- Total assets grew 44% YoY to $6.65B; loans (ex-PPP) up 35% YoY; deposits up 45% YoY. Record non-interest income of $18.6M (+36% YoY).
- Merger with Commonwealth Bancshares expected to close in Q1 2022; adds $1.31B assets, 15 branches. Regulatory approvals received from KY DFI and FDIC.
- Allowance for credit losses released by $1.9M in Q4 due to improving economic forecast; NIM compressed to 3.07%.
- Quarterly dividend declared $0.28 per share (unchanged); no share repurchases in 2021; ~741K shares remain under buyback plan.

## SEC filing metadata
- accession: 0001171843-22-000486
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000117184322000486/0001171843-22-000486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000117184322000486/f8k_012522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-000486
- JSON: https://secwatch.observer/filing/0001171843-22-000486.json
- Plain text: https://secwatch.observer/filing/0001171843-22-000486.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.