Stock Yards Bancorp Files 8-K on Financial Results
Ticker: SYBT · Form: 8-K · Filed: Jan 24, 2024 · CIK: 835324
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, bank, disclosure
TL;DR
**SYBT just dropped an 8-K on financial results, get ready for the numbers.**
AI Summary
Stock Yards Bancorp, Inc. (SYBT) filed an 8-K on January 24, 2024, to report its results of operations and financial condition. This filing indicates the company is providing an update on its financial performance, which is crucial for investors to understand the bank's health and profitability. For shareholders, this matters because it offers transparency into the company's recent financial activities, helping them assess the value and future prospects of their investment.
Why It Matters
This filing provides investors with the latest financial performance data for Stock Yards Bancorp, Inc., enabling them to make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently introduce new risks.
Analyst Insight
Investors should look for the full financial statements and exhibits that will be attached to this 8-K to understand the specific details of Stock Yards Bancorp's performance and assess its implications for their investment.
Key Numbers
- 001-13661 — Commission File Number (identifies the company's registration with the SEC)
- 61-1137529 — IRS Employer Identification No. (identifies the company for tax purposes)
Key Players & Entities
- Stock Yards Bancorp, Inc. (company) — the registrant filing the 8-K
- SYBT (company) — the trading symbol for Stock Yards Bancorp, Inc.
- January 24, 2024 (date) — the date of the earliest event reported and the filing date
- 001-13661 (dollar_amount) — the Commission File Number
- 61-1137529 (dollar_amount) — the I.R.S. Employer Identification No.
FAQ
What is the primary purpose of this 8-K filing by Stock Yards Bancorp, Inc.?
The primary purpose of this 8-K filing, dated January 24, 2024, is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' of Stock Yards Bancorp, Inc.
What is the trading symbol for Stock Yards Bancorp, Inc. and on which exchange is it registered?
The trading symbol for Stock Yards Bancorp, Inc. is SYBT, and its common stock is registered on The NASDAQ Stock Market, LLC.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024.
What is the state of incorporation for Stock Yards Bancorp, Inc.?
Stock Yards Bancorp, Inc. is incorporated in Kentucky.
Is Stock Yards Bancorp, Inc. considered an emerging growth company according to this filing?
The filing indicates with a 'Check the appropriate box below' that Stock Yards Bancorp, Inc. is NOT checking the box for 'Emerging growth company', implying it does not consider itself one.
Filing Stats: 487 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-24 07:31:03
Filing Documents
- f8k_012324.htm (8-K) — 14KB
- exh_991.htm (EX-99.1) — 448KB
- 0001171843-24-000368.txt ( ) — 688KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_012324_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 24, 2024, Stock Yards Bancorp, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference, announcing earnings for the quarter and year ended December 31, 2023. The information in this Form 8-K and the attached Exhibits shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (D) Exhibits 99.1 Press release dated January 24, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Stock Yards Bancorp, Inc. Date: January 24, 2024 By: /s/ T. Clay Stinnett T. Clay Stinnett Executive Vice President, Treasurer and Chief Financial Officer