secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001171843-22-006742
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp Q3 net income $28.5M ($0.97 EPS), up 23% YoY; record loan growth and NIM expansion
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- Net income $28.5M ($0.97 diluted EPS) vs $23.2M ($0.87) in Q3 2021, a 23% increase.
- Record organic loan growth of $213M (ex-PPP) on linked quarter; total loans $5.07B, up 21% YoY.
- Net interest margin expanded 26 bps to 3.46% QoQ; net interest income up 37% YoY to $62.4M.
- Provision for credit losses $4.8M driven by loan growth and higher unemployment forecast, compared to net benefit in prior periods.
- Quarterly dividend increased to $0.29 per share; tangible book value $16.98, down due to AOCI losses from rising rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184322006742/0001171843-22-006742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184322006742/f8k_102522.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-006742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer