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Stock Yards Bancorp SYBT Commercial Banking — Goodwill

Other segment segments

WMT
$22M-67.2%

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Other financials

Income statement

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Revenue$114.6M+17.1%
Net income$40.1M+17.7%
EPS (diluted)$1.31+13.9%

Balance sheet

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Cash & equivalents$89.3M-8.6%
Total debt$32.2M+0.5%
Total equity$1.2B+23.9%
Total assets$10.4B+12.6%

Cash flow

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Operating cash flow$12.2M-38.1%
CapEx$2.7M+41.1%
Free cash flow$9.5M-46.7%

Valuation

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Market cap$2.61B+19.9%
P/E17.4×+0.5×
P/S6.2×+0.4×

Profitability

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Net margin35.3%+1.0pp
FCF margin35.8%-1.5pp

Returns & leverage

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Return on equity13.3%-0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Stock Yards Bancorp in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Stock Yards Bancorp’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014783

As of March 31, 2026 and December 31, 2025, goodwill totaled $194 million, of which $172 million was attributed to the commercial banking segment and $22 million is attributed to WM&T.

Item 1. Financial Statements

FAQ

What is Stock Yards Bancorp's commercial banking — goodwill?
Stock Yards Bancorp (SYBT) reported commercial banking — goodwill of $172M in Q1 2026.
How has Stock Yards Bancorp's commercial banking — goodwill changed year-over-year?
Stock Yards Bancorp's commercial banking — goodwill decreased by 0.0% year-over-year, from $172M to $172M.
What is the long-term trend for Stock Yards Bancorp's commercial banking — goodwill?
Over 3 years (2022 to 2025), Stock Yards Bancorp's commercial banking — goodwill has grown at a -0.4% compound annual growth rate (CAGR), from $697M to $688M.
What does commercial banking — goodwill mean?
Represents the intangible asset created when the bank acquires another entity for a price higher than the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and synergies within the commercial banking segment. Monitoring this value is essential for assessing potential impairment risks and the long-term value of past acquisitions.

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