8-K
filed January 25, 2023, 6:59 PM ET
ticker SYBT
CIK 0000835324
earnings
confidence high
sentiment neutral
materiality 0.65
Stock Yards Bancorp reports Q4 record net income $29.8M, EPS $1.01; NIM expands to 3.64%
Stock Yards Bancorp, Inc.
2022-FY EPS reported
$3.21
- Q4 net income $29.8M ($1.01 diluted EPS) vs $24.6M ($0.92) in Q4 2021.
- Net interest margin expanded 57 bps YoY to 3.64%, up 18 bps linked quarter.
- Loans ex-PPP grew $134M (+3%) linked quarter; deposits declined $110M (-2%).
- Provision for credit losses $3.4M, including $1.6M specific reserve for CRE loan.
- Tangible book value per share $18.50 vs $20.09 year ago; dividend $0.29/share.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Stock Yards Bancorp, Inc. reported financial results for the year ended December 31, 2022.
- Period
- the year ended December 31, 2022
- Result
- reported results
Exact text from the filing
On January 25, 2023, Stock Yards Bancorp, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference, announcing earnings for the three and twelve month periods ended December 31, 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Stock Yards Bancorp, Inc. reported the fourth quarter ended December 31, 2022 results: net income $29.8 million, EPS $1.01 per diluted share.
- Period
- the fourth quarter ended December 31, 2022
- Net income
- $29.8 million
- EPS
- $1.01 per diluted share
- Result
- reported results
Exact text from the filing
today reported record earnings for the fourth quarter ended December 31, 2022, of $29.8 million, or $1.01 per diluted share
View on SEC.gov
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