---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-002405"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:42:38.994648+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stock Yards Bancorp reports record Q1 earnings of $33.3M, EPS $1.13, loan growth 14% YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-25-002405
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000117184325002405/0001171843-25-002405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000117184325002405/f8k_042225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-002405
- JSON: https://secwatch.observer/filing/0001171843-25-002405.json
- Plain text: https://secwatch.observer/filing/0001171843-25-002405.txt

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