secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001171843-23-000451
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/0001171843-23-000451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184323000451/f8k_012423.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000451

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