Stock Yards Bancorp Reports Record Third Quarter Earnings of $43.5 Million or $1.40 per Diluted Share
Stock Yards Bancorp reported record Q3 2026 net income of $43.5 million, or $1.40 per diluted share, up 20% from $1.23 a year earlier and above the prior quarter's $1.31. Net interest income rose 20% YoY to $92.6 million with NIM expanding 32 bps to 3.88%, while non-interest income hit a record $27.6 million on strength in wealth management, treasury management and brokerage fees. The first full quarter of the Field & Main merger contributed meaningfully, with core systems conversion completed in mid-October; total assets reached $10.26 billion, loans grew 15% YoY to $7.99 billion, and deposits rose 10% to $8.39 billion.
Key figures
- Eps
- 1.4
- Revenue
- $120.3M (total revenue, FTE non-GAAP basis)
- Guidance
- No formal guidance; management expects payoff activity to remain a headwind near term with a steady Q4 pipeline
- Roaa
- 1.69%
- Npl ratio
- 0.27%
- Net income
- 43508000
- Total loans
- $7.99 billion
- Total assets
- $10.26 billion
- Net income qoq
- $40.1M (2Q26)
- Net income yoy
- $36.2M (3Q25)
- Nii yoy growth
- 20%
- Total deposits
- $8.39 billion
- Loan growth yoy
- 15%
- Efficiency ratio
- 53.29%
- Deposit growth yoy
- 10%
- Dividend per share
- $0.33
- Net interest income
- 92604000
- Net interest margin
- 3.88%
- Non interest income
- 27633000
- Eps diluted prior year
- 1.23
- Non interest income yoy
- 13%
- Tangible book value per share
- 32.08
AI analysis
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