
SYBT Stock Forecast & Price Target
SYBT Analyst Ratings
Bulls say
Stock Yards Bancorp Inc. exhibits a robust financial position, highlighted by strengthening capital ratios, including a CET1 ratio of 11.3%, tier-1 capital at 11.7%, and a tier-1 leverage ratio of 10.2%, which reflect the bank's emphasis on maintaining a resilient capital structure. The bank also reported a notable increase in net interest margin (NIM) to 3.53% and a significant rise in total and average deposits by 12% and 14% respectively, driven by a successful certificate of deposit campaign. Coupled with a 6% quarter-over-quarter growth in pre-provision net revenue and strong profitability metrics, including a return on assets (ROA) of 1.5% and return on tangible common equity (ROTCE) of 20.4%, these indicators suggest a favorable outlook for the bank's financial health and operational efficiency.
Bears say
Stock Yards Bancorp's outlook is negatively influenced by a projected slowdown in loan growth following a period of strong performance, which could hinder revenue generation in its primary Commercial Banking segment. Additionally, the decline in allowance for credit losses (ACL) coverage on non-performing loans (NPLs) from 5.5x to 5.0x introduces concerns about potential credit quality deterioration. Furthermore, risks related to reduced loan demand, margin pressure, and softening fee income may exacerbate challenges in maintaining profitability.
This aggregate rating is based on analysts' research of Stock Yards Bancorp and is not a guaranteed prediction by Public.com or investment advice.
SYBT Analyst Forecast & Price Prediction
Start investing in SYBT
Order type
Buy in
Order amount
Est. shares
0 shares