Stock Yards Bancorp Inc (SYBT) - Net Assets
Based on the latest financial reports, Stock Yards Bancorp Inc (SYBT) has net assets worth $1.01 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.54 Billion) and total liabilities ($8.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Stock Yards Bancorp Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.01 Billion |
| % of Total Assets | 10.64% |
| Annual Growth Rate | 12.75% |
| 5-Year Change | 59.16% |
| 10-Year Change | 242.72% |
| Growth Volatility | 8.35 |
Stock Yards Bancorp Inc - Net Assets Trend (1991–2025)
This chart illustrates how Stock Yards Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore SYBT asset base for the complete picture of this company's asset base.
Annual Net Assets for Stock Yards Bancorp Inc (1991–2025)
The table below shows the annual net assets of Stock Yards Bancorp Inc from 1991 to 2025. For live valuation and market cap data, see SYBT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.08 Billion | +14.38% |
| 2024-12-31 | $940.48 Million | +9.60% |
| 2023-12-31 | $858.10 Million | +12.84% |
| 2022-12-31 | $760.43 Million | +12.51% |
| 2021-12-31 | $675.87 Million | +53.36% |
| 2020-12-31 | $440.70 Million | +8.47% |
| 2019-12-31 | $406.30 Million | +10.86% |
| 2018-12-31 | $366.50 Million | +9.85% |
| 2017-12-31 | $333.64 Million | +6.30% |
| 2016-12-31 | $313.87 Million | +9.55% |
| 2015-12-31 | $286.52 Million | +10.24% |
| 2014-12-31 | $259.89 Million | +13.27% |
| 2013-12-31 | $229.44 Million | +11.88% |
| 2012-12-31 | $205.07 Million | +9.26% |
| 2011-12-31 | $187.69 Million | +10.49% |
| 2010-12-31 | $169.86 Million | +10.58% |
| 2009-12-31 | $153.61 Million | +6.31% |
| 2008-12-31 | $144.50 Million | +8.63% |
| 2007-12-31 | $133.02 Million | -3.22% |
| 2006-12-31 | $137.44 Million | +9.26% |
| 2005-12-31 | $125.80 Million | +7.84% |
| 2004-12-31 | $116.65 Million | +16.17% |
| 2003-12-31 | $100.41 Million | +16.67% |
| 2002-12-31 | $86.07 Million | +20.06% |
| 2001-12-31 | $71.68 Million | +18.90% |
| 2000-12-31 | $60.29 Million | +19.86% |
| 1999-12-31 | $50.30 Million | +14.58% |
| 1998-12-31 | $43.90 Million | +18.97% |
| 1997-12-31 | $36.90 Million | +16.77% |
| 1996-12-31 | $31.60 Million | +14.49% |
| 1995-12-31 | $27.60 Million | +13.58% |
| 1994-12-31 | $24.30 Million | +10.45% |
| 1993-12-31 | $22.00 Million | +9.45% |
| 1992-12-31 | $20.10 Million | +10.44% |
| 1991-12-31 | $18.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stock Yards Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9022.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $675.06 Million | 62.76% |
| Common Stock | $59.09 Million | 5.49% |
| Other Comprehensive Income | $-61.27 Million | -5.70% |
| Other Components | $402.82 Million | 37.45% |
| Total Equity | $1.08 Billion | 100.00% |
Stock Yards Bancorp Inc Competitors by Market Cap
The table below lists competitors of Stock Yards Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stadler Rail AG
SW:SRAIL
|
$1.90 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
$1.90 Billion |
|
Region Group
AU:RGN
|
$1.90 Billion |
|
Northking Information Technology Co
SHE:002987
|
$1.90 Billion |
|
Solaria Energía y Medio Ambiente S.A
MC:SLR
|
$1.90 Billion |
|
First Commonwealth Financial
NYSE:FCF
|
$1.90 Billion |
|
Chambal Fertilizers & Chemicals Limited
NSE:CHAMBLFERT
|
$1.90 Billion |
|
Kepco Plant S&
KO:051600
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stock Yards Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 940,476,000 to 1,075,697,000, a change of 135,221,000 (14.4%).
- Net income of 140,150,000 contributed positively to equity growth.
- Dividend payments of 37,106,000 reduced retained earnings.
- Share repurchases of 2,091,000 reduced equity.
- Other comprehensive income increased equity by 29,876,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $140.15 Million | +13.03% |
| Dividends Paid | $37.11 Million | -3.45% |
| Share Repurchases | $2.09 Million | -0.19% |
| Other Comprehensive Income | $29.88 Million | +2.78% |
| Other Changes | $4.39 Million | +0.41% |
| Total Change | $- | 14.38% |
Book Value vs Market Value Analysis
This analysis compares Stock Yards Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 71.64x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $1.00 | $71.86 | x |
| 1992-12-31 | $1.11 | $71.86 | x |
| 1993-12-31 | $1.09 | $71.86 | x |
| 1994-12-31 | $1.17 | $71.86 | x |
| 1995-12-31 | $1.31 | $71.86 | x |
| 1996-12-31 | $1.48 | $71.86 | x |
| 1997-12-31 | $1.73 | $71.86 | x |
| 1998-12-31 | $2.06 | $71.86 | x |
| 1999-12-31 | $2.32 | $71.86 | x |
| 2000-12-31 | $2.81 | $71.86 | x |
| 2001-12-31 | $3.30 | $71.86 | x |
| 2002-12-31 | $3.93 | $71.86 | x |
| 2003-12-31 | $4.57 | $71.86 | x |
| 2004-12-31 | $5.23 | $71.86 | x |
| 2005-12-31 | $5.66 | $71.86 | x |
| 2006-12-31 | $6.22 | $71.86 | x |
| 2007-12-31 | $6.16 | $71.86 | x |
| 2008-12-31 | $7.07 | $71.86 | x |
| 2009-12-31 | $7.48 | $71.86 | x |
| 2010-12-31 | $8.22 | $71.86 | x |
| 2011-12-31 | $9.04 | $71.86 | x |
| 2012-12-31 | $9.81 | $71.86 | x |
| 2013-12-31 | $10.66 | $71.86 | x |
| 2014-12-31 | $11.74 | $71.86 | x |
| 2015-12-31 | $12.76 | $71.86 | x |
| 2016-12-31 | $13.77 | $71.86 | x |
| 2017-12-31 | $14.52 | $71.86 | x |
| 2018-12-31 | $15.97 | $71.86 | x |
| 2019-12-31 | $17.77 | $71.86 | x |
| 2020-12-31 | $19.36 | $71.86 | x |
| 2021-12-31 | $26.87 | $71.86 | x |
| 2022-12-31 | $26.29 | $71.86 | x |
| 2023-12-31 | $29.24 | $71.86 | x |
| 2024-12-31 | $31.97 | $71.86 | x |
| 2025-12-31 | $36.46 | $71.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stock Yards Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.83%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.87x
- Recent ROE (13.03%) is below the historical average (14.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 10.44% | 9.36% | 0.09x | 12.19x | $80.00K |
| 1992 | 9.95% | 10.20% | 0.08x | 11.81x | $-10.00K |
| 1993 | 11.36% | 12.50% | 0.08x | 11.26x | $300.00K |
| 1994 | 12.76% | 13.72% | 0.08x | 11.27x | $670.00K |
| 1995 | 14.86% | 13.76% | 0.09x | 11.75x | $1.34 Million |
| 1996 | 16.46% | 14.99% | 0.08x | 13.15x | $2.04 Million |
| 1997 | 17.62% | 15.22% | 0.09x | 12.97x | $2.81 Million |
| 1998 | 18.68% | 15.10% | 0.09x | 13.89x | $3.81 Million |
| 1999 | 19.28% | 15.85% | 0.09x | 13.71x | $4.67 Million |
| 2000 | 19.23% | 15.29% | 0.09x | 14.14x | $5.56 Million |
| 2001 | 18.89% | 15.90% | 0.09x | 13.08x | $6.37 Million |
| 2002 | 18.18% | 18.30% | 0.08x | 12.08x | $7.04 Million |
| 2003 | 17.64% | 20.93% | 0.08x | 11.14x | $7.67 Million |
| 2004 | 16.21% | 22.19% | 0.07x | 10.39x | $7.25 Million |
| 2005 | 17.21% | 21.71% | 0.07x | 10.58x | $9.06 Million |
| 2006 | 16.66% | 19.91% | 0.08x | 10.38x | $9.15 Million |
| 2007 | 18.08% | 19.79% | 0.08x | 11.14x | $10.75 Million |
| 2008 | 15.00% | 18.76% | 0.07x | 11.27x | $7.23 Million |
| 2009 | 10.62% | 14.32% | 0.06x | 11.66x | $946.60K |
| 2010 | 13.51% | 19.14% | 0.06x | 11.20x | $5.97 Million |
| 2011 | 12.58% | 20.08% | 0.06x | 10.94x | $4.84 Million |
| 2012 | 12.58% | 20.82% | 0.06x | 10.48x | $5.29 Million |
| 2013 | 11.84% | 21.85% | 0.05x | 10.41x | $4.23 Million |
| 2014 | 13.40% | 27.10% | 0.05x | 9.87x | $8.83 Million |
| 2015 | 12.98% | 27.93% | 0.05x | 9.83x | $8.54 Million |
| 2016 | 13.07% | 28.27% | 0.05x | 9.68x | $9.64 Million |
| 2017 | 11.40% | 24.48% | 0.05x | 9.71x | $4.68 Million |
| 2018 | 15.15% | 32.15% | 0.05x | 9.01x | $18.87 Million |
| 2019 | 16.26% | 33.91% | 0.05x | 9.17x | $25.44 Million |
| 2020 | 13.36% | 29.86% | 0.04x | 10.46x | $14.80 Million |
| 2021 | 11.04% | 31.30% | 0.04x | 9.83x | $7.06 Million |
| 2022 | 12.23% | 28.13% | 0.04x | 9.86x | $16.93 Million |
| 2023 | 12.56% | 31.08% | 0.04x | 9.52x | $21.94 Million |
| 2024 | 12.18% | 22.86% | 0.06x | 9.42x | $20.49 Million |
| 2025 | 13.03% | 24.83% | 0.06x | 8.87x | $32.58 Million |
Industry Comparison
This section compares Stock Yards Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stock Yards Bancorp Inc (SYBT) | $1.01 Billion | 10.44% | 8.40x | $1.90 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Stock Yards Bancorp Inc
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 r… Read more