other_material
confidence high
sentiment neutral
materiality 0.40
Stock Yards Bancorp drops Forvis Mazars as auditor for FY2025 after RFP process
Stock Yards Bancorp, Inc.
- Notified Forvis Mazars on May 21, 2025 it will not be engaged for fiscal year 2025 following a competitive request-for-proposal process.
- Forvis reports for fiscal years 2023 and 2024 were unqualified; no disagreements or reportable events.
- Decision was based on corporate governance review, not any accounting or auditing dispute.
- New independent auditor will be selected and disclosed once the evaluation is completed.
item 4.01item 9.01