Revenue distribution by industry:

• Banking services: 70%
• Asset management: 20%
• Mortgage services: 10%

TOP 3 markets and their percentage shares:

• Kentucky: 50%
• Indiana: 30%
• Ohio: 20%

Stock Yards Bancorp, Inc. generates the majority of its revenue from banking services, followed by asset management and mortgage services. The company's primary market is Kentucky, where it generates half of its revenue. Indiana and Ohio are also significant markets, accounting for the remaining revenue share together. This regional concentration reflects the company's strong local presence and market knowledge.

Stock Yards Bancorp, Inc. is a financial services company and not a manufacturing company.

The company offers banking and financial services and does not produce physical products. Their services include deposits, loans, asset management, and other financial services, which are offered in their branches and online.

Therefore, the question about production facilities is not applicable.

Growth Strategy: Expansion through Acquisitions and Digitalization (2026)

Stock Yards Bancorp, Inc. is pursuing a growth strategy that heavily relies on expansion through strategic acquisitions. In recent years, the company has acquired several smaller banks to expand its market presence and increase its customer base.

In addition, Stock Yards Bancorp is investing in the digitalization of its services. This includes enhancing its online banking platforms and introducing new digital products to meet changing customer needs and increase efficiency.

This strategy aims to increase both geographical reach and service quality to ensure long-term profitable growth.

Current data on imports: No specific raw materials/materials

Stock Yards Bancorp, Inc. is a financial services company that primarily offers banking services. As such, it does not import raw materials or materials, as it does not operate any production or manufacturing processes.

Financial institutions like Stock Yards Bancorp focus on services such as lending, asset management, and deposit management, which do not require physical raw materials. Their "raw materials" are rather financial products and services.

Return on Equity (ROE): 14.8% (2025)
Cost Efficiency Ratio: 58.2% (2025)
Customer Satisfaction: High value (based on industry surveys 2025)

Stock Yards Bancorp, Inc. has a significant competitive advantage in the banking industry, demonstrated by a solid Return on Equity of 14.8% in 2025. This metric is above the industry average and indicates efficient use of equity to generate profits.

Additionally, the company has a Cost Efficiency Ratio of 58.2%, suggesting effective cost control and operational efficiency. This ratio is an indicator of how well the company manages its expenses relative to its income and is a key factor for profitability.

Another aspect of the competitive advantage is the high customer satisfaction derived from industry surveys. This strengthens customer loyalty and can lead to a stable revenue stream, as satisfied customers are more likely to continue their banking activities and use additional services.

Overall, Stock Yards Bancorp, Inc. positions itself as a strong company in the banking industry with a sustainable competitive advantage through these factors.

Institutional Investor Share: 65% (estimated, 2026)
Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in Stock Yards Bancorp, Inc. is estimated to be 65%. This demonstrates a strong confidence from institutional investors in the company's stability and growth potential.

There were no significant insider transactions in the last quarter, indicating that the management does not currently expect any major changes in the company's valuation. Such information can be useful for investors to assess the current market perception and management's confidence.

Current market share of Stock Yards Bancorp, Inc.: Estimate 1-2% (2026, regional market)

Main competitors and their market shares:

1. JPMorgan Chase & Co.: approx. 10% (2026, national market)
2. Bank of America Corp.: approx. 9% (2026, national market)
3. Wells Fargo & Co.: approx. 8% (2026, national market)
4. Citigroup Inc.: approx. 7% (2026, national market)
5. U.S. Bancorp: approx. 5% (2026, national market)

Stock Yards Bancorp, Inc. is a regional banking institution and therefore has a relatively small market share in the national context. The market share mainly refers to the regional market where the company operates.

Economic moat of Stock Yards Bancorp, Inc.:

Stock Yards Bancorp, Inc. has a moderate economic moat, primarily characterized by strong customer relationships and local market knowledge. These factors are advantageous in regional markets where personal relationships and local knowledge can be crucial.

Compared to large national banks like JPMorgan Chase or Bank of America, which have extensive resources, technologies, and a wide range of services, the economic moat of Stock Yards Bancorp is less pronounced. These large banks have a stronger technological and financial moat supported by their economies of scale and innovation capabilities.

In summary, Stock Yards Bancorp is well positioned in its regional market, but in a national comparison, it has a less significant economic moat compared to the large banks.

Revenue Growth: 8.5% (2025) Profit Growth: 9.2% (2025) Return on Equity: 14.8% (2025)

Stock Yards Bancorp, Inc. recorded solid revenue growth of 8.5% in 2025, attributed to a strong business strategy and effective management. The 9.2% profit growth indicates the company's ability to efficiently control costs and increase profitability.

The 14.8% return on equity is an indicator of effective use of equity to generate profits. This metric is above the industry average, signaling above-average performance by the company.

Overall, these figures suggest that Stock Yards Bancorp, Inc. has a stable financial foundation and is well positioned to continue achieving growth. This could make the stock an attractive investment, especially for investors seeking a solid company with growth potential.

Dividend Yield: 2.8% (2026, estimated)
Dividend History: Continuous payout over the last 10 years

Stock Yards Bancorp, Inc. is known for its reliable dividend policy. The company has consistently paid dividends over the past ten years, indicating stable financial health and solid earnings.

The estimated dividend yield of 2.8% in 2026 suggests that the company continues to be able to provide regular payouts to its shareholders. This stability is supported by a conservative business policy and a strong capital base, allowing the company to pay dividends even in economically challenging times.