Stock Yards Bank & Trust

What Stock Yards Bank & Trust does

Stock Yards Bank & Trust Company is a Kentucky-chartered community bank and wholly-owned subsidiary of publicly-traded Stock Yards Bancorp, Inc. (NASDAQ: SYBT), founded in 1904 in Louisville to serve the livestock industry and now operating 73 branches across Kentucky, Indiana, and Ohio (81 branches and ~$10.4 billion in pro forma assets following the May 2026 Field & Main acquisition). The bank delivers a full-service retail, commercial, and wealth management platform through three segments: personal banking (checking, savings, CDs, IRAs, HSAs, mortgages, consumer loans, private banking, and the Greenlight youth debit card), business banking (commercial real estate, working capital lines, SBA loans, acquisition financing, treasury management, merchant services, and business retirement plans), and wealth management (financial planning, investment management, trust administration, family office, and Raymond James-partnered Stock Yards Investment Services). Digital delivery is built on a Q2-powered mobile and online banking stack with iOS/Android apps supporting Zelle P2P payments, Apple Pay/Google Pay, CardValet, mobile deposit capture, and goal-based and round-up savings automation.

The bank's revenue model is a spread-based commercial banking franchise: net interest income from its $7.23 billion loan portfolio (up 9% year-over-year in Q1 2026) is the primary driver, supplemented by recurring non-interest income from deposit service charges, mortgage banking, wealth management fees, and Raymond James investment service commissions. The go-to-market is relationship-led, with dedicated business banking relationship managers, regional mortgage loan officers, and market presidents in Louisville, Cincinnati, Lexington, Indianapolis, Evansville, Bowling Green, Bardstown, and Liberty Township. Stock Yards serves four primary customer segments — individual consumers, small-to-mid-market businesses, high-net-worth individuals, and homebuyers — with no material single-customer dependency disclosed. Disciplined underwriting is reflected in only 0.1% of commercial real estate loans past due and a 3.65% net interest margin in Q1 2026, while the company has compounded stockholders' equity from $126 million at its 2005 Nasdaq debut to over $940 million and has raised its dividend for 16 consecutive years.

Name

Stock Yards Bank & Trust

Legal name

Stock Yards Bank & Trust Company

Website

https://syb.com

Company type

Public

Founded year

1904

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Stock Yards Bank & Trust is a Kentucky-based community bank and subsidiary of Stock Yards Bancorp (NASDAQ: SYBT), operating 81 branches across Kentucky, Indiana, and Ohio with ~$10.4 billion in pro forma assets. It serves consumers, small-to-mid-market businesses, high-net-worth individuals, and homebuyers with deposit, lending, mortgage, treasury, and wealth management services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Savings Institution, Federally Chartered (6035), Mortgage Bankers & Loan Correspondents (6162), Investment Advice (6282), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

akta.pro secondary industries

Real Estate (Commercial Property, REITs) (FSABACAH), Wealth Lending & Margin / Securities-Backed Lines (Retail) (FSAAAAAN)

Keywords

• Community banking services
• Commercial lending
• Wealth management
• Mortgage lending
• Treasury management

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest earned on loan portfolio including commercial real estate, residential mortgages, consumer loans, and business credit facilities. Represents the primary revenue driver for the bank.
2. Non-Interest Income: Fees from deposit accounts, service charges, wealth management fees, mortgage banking income, and other banking services.
3. Dividend Income: Quarterly cash dividends paid to shareholders. Stock Yards Bancorp has a 16-year streak of raising dividends.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Stock Yards Bank & Trust operates as a full-service community bank offering personal banking (checking, savings, mortgages, consumer loans, credit cards, private banking), business banking (commercial real estate loans, SBA loans, treasury management, business deposits, merchant services), and wealth management (financial planning, investment management, trust administration, estate planning, family office services) across 73-81 branches in Kentucky, Indiana, and Ohio.

Product overview

Stock Yards Bank & Trust operates as a full-service community bank offering a unified banking platform with distinct product lines for personal, business, and wealth management customers. The core banking products include deposit accounts (checking, savings, CDs, IRAs, HSAs), consumer lending (mortgages, personal loans, credit cards, auto loans), and business banking (commercial lending, business deposits, treasury management, retirement plans). The bank augments its core offerings through strategic partnerships including Raymond James for investment services and Fannie Mae for mortgage programs. Wealth management services are delivered through in-house advisors providing financial planning, investment management, trust administration, and estate settlement. Digital banking is provided through online and mobile channels with native iOS/Android applications. Recent acquisitions (Kentucky Bancshares in 2021, Commonwealth Bank in 2022, Field & Main Bancorp in 2026) have expanded its geographic footprint and product capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• SYB Money iQ: Financial education and literacy tool offered by the bank
• Greenlight
• Bank On SYB
• Right at Home
• DreamHome Program
• Stock Yards Investment Services

Products and services

• Personal Checking & Savings Accounts

Quantifiable outcome

• Q1 2026 net income of $36.6 million, up 10% year-over-year
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability3 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Field & Main BancorpcoreStrategic or Co-development Partner · 1 May 2026All-stock acquisition valued at approximately $105.7 million. Field & Main Bank merged into Stock Yards Bank & Trust Company effective May 1, 2026. Combined entity operates 81 branches with approximately $10.4 billion in assets. Transaction expected to be 5.7% accretive to EPS once cost savings are fully phased in. Full system integration expected October 17, 2026. Scott Davis, former Field & Main CEO, appointed to Stock Yards Bancorp Board of Directors.
• Commonwealth Bank & TrustcoreStrategic or Co-development Partner · 7 March 2022Acquisition completed merging two Kentucky-based community banks. Combined entity operates 73 branches across Kentucky, Indiana, and Ohio with approximately $8 billion in assets.
• Kentucky BancsharescoreStrategic or Co-development Partner · 7 June 2021Stock Yards Bancorp completed acquisition of Kentucky Bancshares including Kentucky Bank and 19 branches in central and eastern Kentucky. Made Stock Yards the second-largest Kentucky-based community bank by deposits.
• Raymond JamescoreChannel Partner/ Reseller/ DistributorRaymond James provides investment services through Stock Yards Investment Services, offering stocks, bonds, mutual funds, and advisory services to bank customers.
• St. Claire HealthCareminorStrategic or Co-development Partner$60,000 donation partnership including $10,000 scholarship program for healthcare students and $50,000 general support for Eastern Kentucky's largest healthcare provider and employer.
• SURE Mechanical GroupminorChannel Partner/ Reseller/ DistributorProvided acquisition financing and merger support for SURE Mechanical's acquisition of Cincinnati Air Conditioning, creating the largest Certified Minority Business Enterprise HVAC company in the Cincinnati region with 136+ employees.
• Western Kentucky UniversityminorGTM or Marketing PartnerStock Yards Bank named official naming rights partner for the premium patio at Nick Denes Field, home of the WKU baseball program. Multi-year partnership announced May 2026.
• West Chester - Liberty Chamber AllianceminorGTM or Marketing PartnerChamber partnership for community events and business support in Butler County, Ohio market.
• Bardstown Nelson County Chamber of CommerceminorGTM or Marketing PartnerJoint ribbon-cutting celebration for new Bardstown branch location, supporting local community growth.

Scale indicators17 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Republic Bancorp: Louisville, Kentucky-based community bank with a similar KY/IN/OH/TN footprint and a comparable mix of commercial lending, retail banking, and mortgage origination. Closest geographic and product-line peer to Stock Yards Bank & Trust.
• German American Bancorp: Jasper, Indiana-headquartered community bank operating across Indiana and Kentucky with comparable commercial, retail, and wealth management lines. Directly comparable in geography, scale, and product mix to Stock Yards.
• WesBanco: Wheeling, WV-based community bank with branches across WV, OH, KY, and PA — overlapping several of Stock Yards' metro markets and operating a similar community banking, mortgage, and wealth management model.
• First Financial Bancorp: Cincinnati, Ohio-based bank with significant Ohio, Indiana, and Kentucky presence. Comparable in deposit-funded lending, commercial banking, and wealth management across the same Midwest metros Stock Yards serves.
• S&T Bancorp: Indiana, Pennsylvania-based community bank with a similar Midwest/Appalachian footprint, commercial lending focus, and wealth management offering — a close size and strategy analog to Stock Yards.
• Pinnacle Financial Partners: Nashville, Tennessee-headquartered community bank serving TN, NC, SC, VA, and AL with a relationship-driven commercial and wealth model. Comparable in growth-oriented community banking strategy and similar size tier.
• Simmons First National Corp: Pine Bluff, Arkansas-based super-community bank with a multi-state footprint across AR, MO, KS, TN, and TX. Similar in scale and in combining organic growth with disciplined M&A in mid-sized markets.
• Independent Bank Group: McKinney, Texas-based community bank with comparable asset size, commercial/consumer lending mix, and a focus on growth through both de novo expansion and acquisitions.
• City Holding Company: Charleston, WV-based community bank with branches across West Virginia, Virginia, Kentucky, and Ohio. Overlaps several of Stock Yards' regional markets with a similar relationship-led community banking model.

Broad incumbents

• Trustmark Corporation: Jackson, Mississippi-based regional bank with wealth management and treasury services that compete with Stock Yards in adjacent product categories; broader and more diversified than Stock Yards but overlapping in commercial banking and trust services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/sybsince1904
• YouTubeyoutube.com/@stockyardsbankandtrust
• Facebookfacebook.com/stockyardsbank
• LinkedInlinkedin.com/company/stock-yards-bank-&-trust
• Instagraminstagram.com/sybsince1904

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stock Yards Bank & Trust