secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001171843-24-005757
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp Q3 net income rises to $29.4M ($1.00 EPS), driven by loan growth and NIM expansion
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- Net income of $29.4M and diluted EPS of $1.00 vs. $27.1M ($0.92) in Q3 2023.
- Total loans grew $661M (12%) YoY to $6.28B; deposits up $323M (5%) to $6.73B.
- Net interest margin expanded 7 bps linked-quarter to 3.33%; net interest income up 5% QoQ.
- Non-interest income up 8% YoY to $24.8M, with WM&T income up 9% to $10.9M.
- Board increased quarterly cash dividend to $0.31 per share (paid Oct 1, 2024).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000117184324005757/0001171843-24-005757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000117184324005757/f8k_102224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005757

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