secwatch.observer — SEC 8-K summary
======================================

Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001171843-24-004093
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp Q2 2024 EPS flat at $0.94; record loan growth and NIM expansion
--------------------------------------------------------------------------------

- Net income $27.6M ($0.94 diluted EPS), compared to $27.7M ($0.94) in Q2 2023.
- Total loans grew record $221M (4% linked quarter) to $6.07B; C&I loans led with $63M increase.
- Net interest margin expanded 6 bps to 3.26% from prior quarter, first expansion in six quarters.
- WM&T and Treasury management fees reached quarterly records at $10.8M and $2.8M respectively.
- Quarterly cash dividend of $0.30 per share declared; paid July 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184324004093/0001171843-24-004093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184324004093/f8k_072324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004093

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