earnings
confidence high
sentiment positive
materiality 0.80
Stock Yards Bancorp reports record Q1 earnings of $33.3M, EPS $1.13, loan growth 14% YoY
Stock Yards Bancorp, Inc.
2025-Q1 EPS reported
$1.13
- Net income of $33.3M ($1.13 diluted EPS) vs $25.9M ($0.88) in Q1 2024, a record quarter.
- Total loans grew $797M (+14%) YoY to $6.65B; deposits increased $685M (+10%) to $7.29B.
- Net interest margin expanded 26 bps YoY to 3.46%; efficiency ratio improved to 54.50% from 58.68%.
- Non-interest income $23.0M, down 1% YoY; WM&T income up 3% linked quarter to $10.6M.
- Quarterly dividend unchanged at $0.31 per share, paid April 1, 2025.