---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004657"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:35:08.512655+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stock Yards Bancorp Q2 net income $27.7M, EPS $0.94; loans up 12% YoY, deposits slip

## Summary
- Net income $27.7M ($0.94 diluted EPS) vs $26.8M ($0.91) in Q2 2022; net interest income $60.9M, up 7% YoY.
- Total loans excl. PPP rose $571M (+12%) YoY and $178M linked quarter; loan production set a record in Q2 2023.
- Total deposits fell $149M (-2%) linked quarter; non-interest bearing deposits declined $79M.
- Net interest margin compressed 17 bps to 3.42% as funding costs outpaced asset yields; credit quality remained strong with past dues at 3-year lows.
- Quarterly cash dividend maintained at $0.29 per share; no share repurchases since 2020.

## SEC filing metadata
- accession: 0001171843-23-004657
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000117184323004657/0001171843-23-004657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000117184323004657/f8k_072523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004657
- JSON: https://secwatch.observer/filing/0001171843-23-004657.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004657.txt

## Key facts
- Earnings Releases
  Stock Yards Bancorp, Inc. reported the second quarter ended June 30, 2023 results: revenue $27.7 million, net income $27.7 million, EPS $0.94 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $27.7 million
  - Net income: $27.7 million
  - EPS: $0.94 per diluted share
  - Result: reported results
  source text: today reported earnings for the second quarter ended June 30, 2023, of $27.7 million, or $0.94 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/835324/000117184323004657/0001171843-23-004657-index.htm

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