secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001171843-24-000368
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp Q4 EPS $0.82, down 19% YoY; record annual net income $107.7M
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- Net income $23.9M ($0.82 diluted EPS) vs $29.8M ($1.01) in Q4 2022; full-year record $107.7M ($3.67).
- Total loans (ex-PPP) grew $155M (3%) linked quarter, $580M (11%) YoY; record Q4 organic loan production.
- Net interest margin compressed to 3.25% from 3.64% YoY; net interest income $62.0M vs $65.3M.
- Recorded $4.1M charge-off on one C&I relationship; allowance for credit losses to loans 1.38%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184324000368/0001171843-24-000368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184324000368/f8k_012324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000368

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