Stock Yards Bancorp (SYBT) 2026 Stephens Investor Conference Presentation summary

Company overview and market presence

• Headquartered in Louisville, KY, with 75 locations across Kentucky, Indianapolis, and Cincinnati, holding $9.5 billion in assets and $7.6 billion in wealth management AUM as of March 31, 2026.

• Serves major markets with a diverse employer base, including Ford, UPS, Humana, P&G, Toyota, and Amazon.

• Largest bank headquartered in Kentucky, recently expanded into South Central and Western Kentucky.

Financial performance and growth

• Net income grew from $107.7M in 2023 to $140.2M in 2025, with diluted EPS rising from $3.67 to $4.75.

• Total assets increased to $9.5B in 2026, with a net interest margin of 3.65% in Q1 2026.

• Compound annual growth in net income was 14% from 1991 to 2025.

• Return on average assets reached 1.58% in Q1 2026.

Operational efficiency and asset quality

• Efficiency ratio improved to 53.6% in Q1 2026, reflecting ongoing investment in technology and branch expansion.

• Asset quality remains strong, with low net charge-offs and a robust allowance for credit losses.