earnings
confidence high
sentiment positive
materiality 0.75
Stock Yards Bancorp reports record Q4 earnings of $31.7M, EPS $1.07, loan growth 13% YoY
Stock Yards Bancorp, Inc.
2024-FY EPS reported
$3.89
- Q4 net income $31.7M ($1.07 diluted EPS) vs $23.9M ($0.82) a year ago; full-year net income $114.5M ($3.89 EPS).
- Net interest income rose 13% YoY to $70.0M; net interest margin expanded 19 bps to 3.44%.
- Total loans increased a record $749M (13%) over 12 months; deposits grew $496M (7%).
- Quarterly cash dividend maintained at $0.31 per share, paid Dec. 31, 2024.
- Provision for credit losses was $2.7M, down from $6.0M a year ago; non-performing loans were 0.34% of total loans.