Stock Yards Bancorp Inc

NASDAQ SYBT

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Stock Yards Bancorp Inc Gross Profit for the year ending December 31, 2023: USD -6.55 B

Stock Yards Bancorp Inc Gross Profit is USD -6.55 B for the year ending December 31, 2023, a -2,201.30% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Stock Yards Bancorp Inc Gross Profit for the year ending December 31, 2022 was USD 311.90 M, a 34.40% change year over year.
  • Stock Yards Bancorp Inc Gross Profit for the year ending December 31, 2021 was USD 232.06 M, a 25.29% change year over year.
  • Stock Yards Bancorp Inc Gross Profit for the year ending December 31, 2020 was USD 185.21 M, a 7.36% change year over year.
  • Stock Yards Bancorp Inc Gross Profit for the year ending December 31, 2019 was USD 172.52 M, a 7.98% change year over year.
NASDAQ: SYBT

Stock Yards Bancorp Inc

CEO Mr. James A. Hillebrand
IPO Date March 26, 1993
Location United States
Headquarters 1040 East Main Street, Louisville, KY, United States, 40206
Employees 1,062
Sector Financial Services
Industry Banks - regional
Description

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. This segment also provides securities brokerage services through an arrangement with a third party broker-dealer. The WM&T segment provides investment management, financial and retirement planning, and trust and estate services, as well as retirement plan management for businesses and corporations. It provides services in Louisville, central, eastern, and northern Kentucky, as well as Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets. The company was founded in 1904 and is headquartered in Louisville, Kentucky.

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StockViz Staff

September 16, 2024

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