Stock Yards Bancorp, Inc.: directors' dealings · United States · SEC (Form 4)

About Stock Yards Bancorp, Inc.

Stock Yards Bancorp, Inc. (ticker: SYBT) is a U.S.-listed regional banking company traded on the NASDAQ, and it serves as the holding company for Stock Yards Bank & Trust Company. Headquartered in Louisville, Kentucky, the group operates as a full-service community bank with a long operating history. Management highlighted the firm’s 120th anniversary in 2024, indicating a foundation dating back to the early 1900s and underscoring a deeply rooted local franchise. From an operating standpoint, Stock Yards Bancorp is not a pure-play lender. Its business mix includes commercial banking, retail banking, wealth management, and trust services, alongside fee-based revenue streams such as card income and treasury-related services. That diversification matters for investors because it reduces reliance on spread income alone and gives the company multiple levers for earnings growth. The group positions itself as a relationship-driven bank focused on delivering full-service solutions to households, businesses, and affluent clients. Geographically, the company remains concentrated in the Midwest and Kentucky. At year-end 2024, its branch network consisted of 72 locations across Louisville, central, eastern, and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets. This footprint gives SYBT a mix of local market intimacy and multi-market reach. The Central Kentucky market, entered through acquisition in 2021, has been highlighted by management as an increasingly meaningful contributor to loan growth and broader business expansion. Competitively, Stock Yards Bancorp markets itself as a regional alternative to larger super-regional and national banks that dominate its core markets. Its strategy is built around relationship banking, community ties, personalized service, and consistent execution. In its 2024 annual reporting, the company also emphasized strong corporate culture, repeated recognition as one of the “Best Banks to Work For,” and a record of dividend growth, all of which support the investment case for shareholders who value stability and capital discipline. Recent operating updates have remained constructive. In the first quarter of 2026, the company reported net income of $36.6 million, or $1.24 per diluted share, up from $33.3 million a year earlier. Management attributed the improvement to solid loan growth across all markets, net interest margin expansion, strong credit quality, and record new business generation in the Wealth Management & Trust segment. For investors in the United States banking sector, SYBT stands out as a mature regional franchise with a diversified revenue base, a focused geographic strategy, and continued momentum in both lending and fee income.