Analyst Coverage Initiated: SYBT rating Market Perform by Hovde Group
Price Target: $--
Report Date: 05-18-2022
Symbol: SYBT - Stock Yards Bancorp, Inc.
Sector: Financial Services
Industry: Banks—Regional
Analyst Coverage Initiated: SYBT rating Market Perform by Hovde Group
Price Target: $--
Stock Yards Bancorp, Inc. (SYBT)
1040 E MAIN ST
Louisville, KENTUCKY 40206
Phone: 15025822571
Website: http://www.syb.com
CEO: Mr. James Hillebrand
NASDAQ, Nasdaq Global Select
Stock Yards Bancorp, Inc. operates as the holding company for Stock Yards Bank & Trust Company that provides commercial and personal banking services in Louisville, Indianapolis, and Cincinnati. Its deposit products include demand deposits, savings deposits, money market deposits, and time deposits. The company's loan portfolio comprises commercial and industrial, construction and development, undeveloped land, real estate mortgage, and consumer loans. In addition, it offers securities brokerage services through an arrangement with a third party broker-dealer; and financial planning, investment management, retirement planning, trust, and estate services. As of December 31, 2019, the company had 42 full service banking locations, including 32 in the Louisville metropolitan statistical area (MSA), 5 in Indianapolis MSA, and 5 in Cincinnati MSA. Stock Yards Bancorp, Inc. was founded in 1904 and is headquartered in Louisville, Kentucky.
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