---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000451"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:11:37.736467+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stock Yards Bancorp reports Q4 record net income $29.8M, EPS $1.01; NIM expands to 3.64%

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-23-000451
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/0001171843-23-000451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/f8k_012423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000451
- JSON: https://secwatch.observer/filing/0001171843-23-000451.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000451.txt

## Key facts
- Earnings Releases
  Stock Yards Bancorp, Inc. reported financial results for the year ended December 31, 2022.
  - Period: the year ended December 31, 2022
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/0001171843-23-000451-index.htm
- Earnings Releases
  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
  source text: today reported record earnings for the fourth quarter ended December 31, 2022, of $29.8 million, or $1.01 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/0001171843-23-000451-index.htm

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