Stock Yards Bancorp, Inc.

Stock Yards Bancorp, Inc. reported record earnings for the second quarter ended June 30, 2026, with net income of $40.1 million, or $1.31 per diluted share, significantly up from the prior year. The strong performance was driven by net interest margin expansion, robust non-interest income, and the successful completion of the Field & Main Bancorp acquisition on May 1st. The acquisition added over $800 million in bank assets and wealth management & trust assets under management, contributing to the company's expanded scale and reach.

Stock Yards Bancorp reported record net income of $40.1 million, or $1.31 per diluted share, for the second quarter ended June 30, 2026, significantly surpassing prior periods. This strong performance was fueled by net interest margin expansion, robust credit quality, and record non-interest income, particularly from wealth management and trust services. The May 1st acquisition of Field & Main Bancorp positively impacted operating results, contributing to increased scale and reach. The company also experienced substantial year-over-year growth in total assets, loans, and deposits.

Stock Yards Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per common share. The dividend is scheduled to be paid on July 1, 2026, to stockholders who are on record as of June 15, 2026. The Louisville, Kentucky-based company, parent of Stock Yards Bank & Trust Company, currently holds $9.47 billion in assets.

Stock Yards Bancorp, Inc. (SYBT) announced the completion of its previously announced acquisition of Field & Main Bancorp, Inc. Field & Main Bank has merged into Stock Yards Bank & Trust Company, significantly expanding SYBT's presence across Western Kentucky and extending its network into the Cincinnati, Ohio, and Indianapolis, Indiana markets. Customers of Field & Main will experience no immediate changes, with full system integration planned for October 17, 2026. Additionally, Scott Davis, former CEO of Field & Main, has been appointed to the Boards of Directors for both Stock Yards Bancorp and Stock Yards Bank & Trust Company.

Stock Yards Bancorp, Inc. held its 2026 Annual Meeting of Shareholders on April 23, 2026. Shareholders elected all nine nominated directors to serve until the next annual meeting. Additionally, the selection of BDO USA, P.C. as the independent registered public accounting firm for 2026 was ratified, and a non-binding resolution to approve the compensation of the Company's named executive officers was approved.

Stock Yards Bancorp, Inc. announced its earnings for the first quarter ended March 31, 2026. The company issued a press release on April 22, 2026, detailing its financial results for the period. This 8-K filing serves to formally disclose the release of these earnings.