---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002161"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:45:23.676672+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SYBT Q1 EPS $0.88, net income $25.9M down 11% YoY; NIM 3.20%, loans +12%, WM&T AUM record $7.5B

## Summary
- Diluted EPS $0.88 on net income $25.9M, compared to $0.99 and $29.0M in Q1 2023.
- Net interest margin compressed 39 bps YoY to 3.20%; net interest income $60.1M, down 5%.
- Total loans grew $607M (+12%) YoY to $5.85B; deposit mix shifted to interest-bearing accounts.
- Wealth Management & Trust income record $10.8M (+13% YoY); AUM reached $7.50B.
- Quarterly dividend $0.30/share paid April 1; NIM compression expected to stabilize in Q2 2024.

## SEC filing metadata
- accession: 0001171843-24-002161
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000117184324002161/0001171843-24-002161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000117184324002161/f8k_042324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002161
- JSON: https://secwatch.observer/filing/0001171843-24-002161.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002161.txt

## Key facts
- Earnings Releases
  Stock Yards Bancorp, Inc. reported the first quarter ended March 31, 2024 results: net income $25.9 million, or $0.88 per diluted share.
  - Period: the first quarter ended March 31, 2024
  - Net income: $25.9 million, or $0.88 per diluted share
  - Result: reported results
  source text: announcing earnings for the three months ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/835324/000117184324002161/0001171843-24-002161-index.htm

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