Stock Yards Bancorp (SYBT) Projected to Post Earnings on Wednesday

Stock Yards Bancorp (NASDAQ:SYBT) will likely be issuing its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.00 per share and revenue of $92.90 million for the quarter.

Stock Yards Bancorp (NASDAQ:SYBT) last released its earnings results on Wednesday, January 22nd. The bank reported $1.07 EPS for the quarter, beating the consensus estimate of $0.99 by $0.08. Stock Yards Bancorp had a net margin of 22.54% and a return on equity of 12.71%. During the same quarter 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

Stock Yards Bancorp stock opened at $66.42 on Wednesday. The firm has a fifty day simple moving average of $69.87 and a two-hundred day simple moving average of $70.65. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.38. Stock Yards Bancorp has a twelve month low of $42.35 and a twelve month high of $79.79. The company has a market capitalization of $1.96 billion, a PE ratio of 17.07 and a beta of 0.77.

Stock Yards Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.87%. The ex-dividend date was Monday, March 17th. Stock Yards Bancorp’s dividend payout ratio is presently 31.88%.

Stock Yards Bancorp Company Profile

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.