Stock Yards Bancorp (SYBT) Revenue & Revenue Breakdown
Stock Yards Bancorp Revenue Highlights
Latest Revenue (Y)
$438.95M
Latest Revenue (Q)
$123.94M
Main Segment (Y)
Fiduciary and Trust
Stock Yards Bancorp Revenue by Period
Stock Yards Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $438.95M | 40.73% |
| 2022-12-31 | $311.90M | 34.40% |
| 2021-12-31 | $232.06M | 25.29% |
| 2020-12-31 | $185.21M | 7.36% |
| 2019-12-31 | $172.52M | 7.98% |
| 2018-12-31 | $159.76M | 7.42% |
| 2017-12-31 | $148.72M | 5.63% |
| 2016-12-31 | $140.79M | 9.89% |
| 2015-12-31 | $128.12M | 4.01% |
| 2014-12-31 | $123.18M | 6.93% |
| 2013-12-31 | $115.20M | 3.79% |
| 2012-12-31 | $111.00M | 6.75% |
| 2011-12-31 | $103.98M | 3.34% |
| 2010-12-31 | $100.62M | 13.12% |
| 2009-12-31 | $88.95M | 5.06% |
| 2008-12-31 | $84.67M | 0.77% |
| 2007-12-31 | $84.02M | 1.76% |
| 2006-12-31 | $82.57M | 8.13% |
| 2005-12-31 | $76.36M | 10.83% |
| 2004-12-31 | $68.90M | 0.28% |
| 2003-12-31 | $68.71M | 8.79% |
| 2002-12-31 | $63.16M | 16.50% |
| 2001-12-31 | $54.21M | 16.40% |
| 2000-12-31 | $46.57M | 16.13% |
| 1999-12-31 | $40.10M | 15.56% |
| 1998-12-31 | $34.70M | 28.04% |
| 1997-12-31 | $27.10M | 22.62% |
| 1996-12-31 | $22.10M | 15.71% |
| 1995-12-31 | $19.10M | 21.66% |
| 1994-12-31 | $15.70M | 18.94% |
| 1993-12-31 | $13.20M | - |
Stock Yards Bancorp generated $438.95M in revenue during NA 2023, up 40.73% compared to the previous quarter, and up 274.75% compared to the same period a year ago.
Stock Yards Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $123.94M | 3.44% |
| 2024-03-31 | $119.82M | 0.04% |
| 2023-12-31 | $119.76M | 45.57% |
| 2023-09-30 | $82.27M | 0.35% |
| 2023-06-30 | $81.98M | -2.05% |
| 2023-03-31 | $83.70M | -2.16% |
| 2022-12-31 | $85.55M | 2605.63% |
| 2022-09-30 | $3.16M | -95.90% |
| 2022-06-30 | $77.17M | 15.83% |
| 2022-03-31 | $66.63M | 5.09% |
| 2021-12-31 | $63.40M | 2.89% |
| 2021-09-30 | $61.62M | 9.26% |
| 2021-06-30 | $56.40M | 10.66% |
| 2021-03-31 | $50.96M | 3.48% |
| 2020-12-31 | $49.25M | 6.86% |
| 2020-09-30 | $46.09M | 1.19% |
| 2020-06-30 | $45.55M | 2.75% |
| 2020-03-31 | $44.33M | -2.08% |
| 2019-12-31 | $45.27M | 1.24% |
| 2019-09-30 | $44.71M | 5.44% |
| 2019-06-30 | $42.41M | 5.67% |
| 2019-03-31 | $40.13M | -3.27% |
| 2018-12-31 | $41.49M | 3.86% |
| 2018-09-30 | $39.95M | -0.40% |
| 2018-06-30 | $40.11M | 4.95% |
| 2018-03-31 | $38.22M | -0.91% |
| 2017-12-31 | $38.57M | 3.49% |
| 2017-09-30 | $37.27M | 0.98% |
| 2017-06-30 | $36.91M | 2.57% |
| 2017-03-31 | $35.98M | -2.23% |
| 2016-12-31 | $36.80M | 1.90% |
| 2016-09-30 | $36.12M | 4.00% |
| 2016-06-30 | $34.73M | 3.51% |
| 2016-03-31 | $33.55M | 1.98% |
| 2015-12-31 | $32.90M | 2.57% |
| 2015-09-30 | $32.08M | 0.64% |
| 2015-06-30 | $31.88M | 1.94% |
| 2015-03-31 | $31.27M | 0.17% |
| 2014-12-31 | $31.21M | 0.02% |
| 2014-09-30 | $31.21M | 1.59% |
| 2014-06-30 | $30.72M | 2.24% |
| 2014-03-31 | $30.05M | 3.60% |
| 2013-12-31 | $29.00M | -2.25% |
| 2013-09-30 | $29.67M | 2.89% |
| 2013-06-30 | $28.84M | 4.14% |
| 2013-03-31 | $27.69M | 2.46% |
| 2012-12-31 | $27.03M | -5.47% |
| 2012-09-30 | $28.59M | 3.64% |
| 2012-06-30 | $27.59M | -0.76% |
| 2012-03-31 | $27.80M | 2.02% |
| 2011-12-31 | $27.25M | 6.23% |
| 2011-09-30 | $25.65M | -0.45% |
| 2011-06-30 | $25.76M | 1.75% |
| 2011-03-31 | $25.32M | -5.19% |
| 2010-12-31 | $26.70M | 4.51% |
| 2010-09-30 | $25.55M | 4.16% |
| 2010-06-30 | $24.53M | 2.96% |
| 2010-03-31 | $23.83M | 3.83% |
| 2009-12-31 | $22.95M | - |
| 2009-09-30 | $22.95M | 2.54% |
| 2009-06-30 | $22.38M | 8.47% |
| 2009-03-31 | $20.63M | -1.92% |
| 2008-12-31 | $21.04M | -0.01% |
| 2008-09-30 | $21.04M | -4.55% |
| 2008-06-30 | $22.04M | 6.94% |
| 2008-03-31 | $20.61M | -2.05% |
| 2007-12-31 | $21.04M | - |
Stock Yards Bancorp generated $123.94M in revenue during Q2 2024, up 3.44% compared to the previous quarter, and up 148.07% compared to the same period a year ago.
Stock Yards Bancorp Revenue Breakdown
Stock Yards Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Investment Advisory, Management and Administrative Service | $3.21M | $3.06M | $2.55M | $1.77M | $1.50M |
| Product and Service, Other | $4.99M | $5.30M | $3.83M | $1.82M | $2.90M |
| Fiduciary and Trust | $39.80M | $3.40M | $2.90M | $2.20M | $2.10M |
| Treasury Management | $10.03M | - | - | - | - |
| Credit and Debit Card | $19.44M | - | - | - | - |
| Deposit Account | $8.87M | - | - | - | - |
Stock Yards Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fiduciary and Trust (46.10%), Credit and Debit Card (22.51%), Treasury Management (11.62%), Deposit Account (10.27%), Product and Service, Other (5.78%), and Investment Advisory, Management and Administrative Service (3.71%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fiduciary and Trust | $10.77M | $22.67M | $10.03M | $3.60M | $3.50M | $3.20M | $3.30M | $4.00M | $2.60M | $2.60M | $2.40M | $2.10M | $2.10M | $1.90M | $2.10M | $2.10M | - | - | - | - |
| Credit and Debit Card | $4.68M | $14.57M | $4.87M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deposit Account | $2.14M | $6.59M | $2.27M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Advisory, Management and Administrative Service | $865.00K | $860.00K | $791.00K | $800.00K | $754.00K | $833.00K | $892.00K | $731.00K | $607.00K | $764.00K | $780.00K | $545.00K | $464.00K | $487.00K | $431.00K | $391.00K | $466.00K | $378.00K | $400.00K | $364.00K |
| Product and Service, Other | $656.00K | $2.06M | $613.00K | $1.09M | $1.23M | $1.53M | $1.42M | $1.15M | $972.00K | $1.34M | $1.09M | $629.00K | $770.00K | $727.00K | $220.00K | $595.00K | $280.00K | $855.00K | $1.03M | $551.00K |
| Treasury Management | $2.63M | $7.40M | $2.63M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock Yards Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Fiduciary and Trust (49.56%), Credit and Debit Card (21.54%), Treasury Management (12.08%), Deposit Account (9.83%), Investment Advisory, Management and Administrative Service (3.98%), and Product and Service, Other (3.02%).
Stock Yards Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SYBT | Stock Yards Bancorp | $438.95M | $123.94M |
| SMBC | Southern Missouri Bancorp | $273.07M | $69.55M |
| SHBI | Shore Bancshares | $238.42M | $81.55M |
| BSRR | Sierra Bancorp | $208.02M | $51.13M |
| CBAN | Colony Bankcorp | $160.55M | $42.83M |
| BSVN | Bank7 | $130.79M | $35.60M |
| GCBC | Greene County Bancorp | $117.57M | $29.48M |
| CFBK | CF Bankshares | $112.31M | $29.99M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| OPOF | Old Point Financial | $80.28M | $21.59M |
| TCFC | Community Financial | $79.92M | $20.52M |
| FXNC | First National | $69.46M | $20.38M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| IROQ | IF Bancorp | $45.37M | $11.94M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
SYBT Revenue FAQ
What is Stock Yards Bancorp’s yearly revenue?
Stock Yards Bancorp's yearly revenue for 2023 was $438.95M, representing an increase of 40.73% compared to 2022. The company's yearly revenue for 2022 was $311.9M, representing an increase of 34.40% compared to 2021. SYBT's yearly revenue for 2021 was $232.06M, representing an increase of 25.29% compared to 2020.
What is Stock Yards Bancorp’s quarterly revenue?
Stock Yards Bancorp's quarterly revenue for Q2 2024 was $123.94M, a 3.44% increase from the previous quarter (Q1 2024), and a 51.17% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $119.82M, a 0.04% increase from the previous quarter (Q4 2023), and a 43.15% increase year-over-year (Q1 2023). SYBT's quarterly revenue for Q4 2023 was $119.76M, a 45.57% increase from the previous quarter (Q3 2023), and a 39.99% increase year-over-year (Q4 2022).
What is Stock Yards Bancorp’s revenue growth rate?
Stock Yards Bancorp's revenue growth rate for the last 3 years (2021-2023) was 89.15%, and for the last 5 years (2019-2023) was 154.43%.
What are Stock Yards Bancorp’s revenue streams?
Stock Yards Bancorp's revenue streams in c 23 are Investment Advisory, Management and Administrative Service, Product and Service, Other, Fiduciary and Trust, Treasury Management, Credit and Debit Card, and Deposit Account. Investment Advisory, Management and Administrative Service generated $3.2M in revenue, accounting 3.71% of the company's total revenue, up 4.64% year-over-year. Product and Service, Other generated $4.99M in revenue, accounting 5.78% of the company's total revenue, down -5.81% year-over-year. Fiduciary and Trust generated $39.8M in revenue, accounting 46.10% of the company's total revenue, up 1070.65% year-over-year. Treasury Management generated $10.03M in revenue, accounting 11.62% of the company's total revenue Credit and Debit Card generated $19.44M in revenue, accounting 22.51% of the company's total revenue Deposit Account generated $8.87M in revenue, accounting 10.27% of the company's total revenue
What is Stock Yards Bancorp’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Stock Yards Bancorp was Fiduciary and Trust. This segment made a revenue of $39.8M, representing 46.10% of the company's total revenue.