Stock Yards Bancorp (SYBT) to Release Earnings on Wednesday

Stock Yards Bancorp (NASDAQ:SYBT) is expected to release its earnings data before the market opens on Wednesday, April 23rd. Analysts expect Stock Yards Bancorp to post earnings of $1.00 per share and revenue of $92.90 million for the quarter.

Stock Yards Bancorp (NASDAQ:SYBT) last issued its earnings results on Wednesday, January 22nd. The bank reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.08. Stock Yards Bancorp had a return on equity of 12.71% and a net margin of 22.54%. During the same period last year, the company posted $0.82 EPS. On average, analysts expect Stock Yards Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Stock Yards Bancorp Stock Performance

Shares of NASDAQ:SYBT opened at $67.44 on Monday. The business has a 50-day moving average of $69.33 and a two-hundred day moving average of $70.88. The firm has a market capitalization of $1.99 billion, a PE ratio of 17.34 and a beta of 0.77. Stock Yards Bancorp has a 12 month low of $44.32 and a 12 month high of $79.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.94.

Stock Yards Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Monday, March 17th. Stock Yards Bancorp’s dividend payout ratio is presently 31.88%.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, and other banking services.