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Overview
Stock Yards Bancorp is a publicly traded financial services company that is headquartered in Louisville, Kentucky. It operates through its subsidiary, Stock Yards Bank & Trust Company, which was founded in 1904.
The company provides a range of financial services, including personal and business banking, wealth management, and insurance services. Its core products include checking and savings accounts, loans and lines of credit, credit cards, and investment management.
Stock Yards Bancorp has over 1,000 employees and serves customers through over 40 branches in Kentucky and Indiana. It is also listed on the NASDAQ stock exchange under the ticker symbol SYBT and is a component of the Russell 2000 index.
The company has a long history of financial stability and growth, with a focus on building relationships with its customers and communities. It has received numerous awards and recognition for its financial performance and customer service, including being named one of Forbes' 100 Most Trustworthy Companies in America.
In addition to its banking services, Stock Yards Bancorp is committed to giving back to the communities it serves through various charitable initiatives and volunteer efforts. It also encourages its employees to participate in community service activities and supports local organizations and nonprofits.
The company provides a range of financial services, including personal and business banking, wealth management, and insurance services. Its core products include checking and savings accounts, loans and lines of credit, credit cards, and investment management.
Stock Yards Bancorp has over 1,000 employees and serves customers through over 40 branches in Kentucky and Indiana. It is also listed on the NASDAQ stock exchange under the ticker symbol SYBT and is a component of the Russell 2000 index.
The company has a long history of financial stability and growth, with a focus on building relationships with its customers and communities. It has received numerous awards and recognition for its financial performance and customer service, including being named one of Forbes' 100 Most Trustworthy Companies in America.
In addition to its banking services, Stock Yards Bancorp is committed to giving back to the communities it serves through various charitable initiatives and volunteer efforts. It also encourages its employees to participate in community service activities and supports local organizations and nonprofits.
What is special about the company?
1. Long History: Stock Yards Bancorp was founded in 1904 in Louisville, Kentucky, making it one of the oldest and most established independent banks in the region.
2. Local Focus: The company has a strong focus on serving the local community, with a significant presence in the Louisville and Cincinnati markets.
3. Financial Stability: With over $4 billion in assets, Stock Yards Bancorp is a financially stable company that has consistently grown its assets, loans, and deposits over the years.
4. Customer Service: The company has a commitment to providing exceptional customer service and building long-term relationships with its clients, which has contributed to its success and growth.
5. Diversified Business: Stock Yards Bancorp offers a wide range of financial services, including traditional banking, wealth management, trust services, and insurance, providing customers with a one-stop-shop for all their financial needs.
6. Strong Corporate Culture: The company has a strong corporate culture that emphasizes teamwork, ethical behavior, and community involvement. This has helped to create a positive and supportive work environment for its employees.
7. Impressive Growth: Despite being a relatively small bank, Stock Yards Bancorp has experienced significant growth in recent years, both organically and through acquisitions.
8. Commitment to Technology: The company has continually invested in innovative technology to enhance its products and services, providing customers with convenient and secure options for their financial transactions.
9. Strong Financial Performance: Stock Yards Bancorp has a track record of strong financial performance, with consistent profitability and a strong financial position.
10. Awards and Recognition: The company has received numerous awards and recognition for its financial performance, community involvement, and commitment to customer service, further highlighting its reputation as a top-performing and reputable company.
2. Local Focus: The company has a strong focus on serving the local community, with a significant presence in the Louisville and Cincinnati markets.
3. Financial Stability: With over $4 billion in assets, Stock Yards Bancorp is a financially stable company that has consistently grown its assets, loans, and deposits over the years.
4. Customer Service: The company has a commitment to providing exceptional customer service and building long-term relationships with its clients, which has contributed to its success and growth.
5. Diversified Business: Stock Yards Bancorp offers a wide range of financial services, including traditional banking, wealth management, trust services, and insurance, providing customers with a one-stop-shop for all their financial needs.
6. Strong Corporate Culture: The company has a strong corporate culture that emphasizes teamwork, ethical behavior, and community involvement. This has helped to create a positive and supportive work environment for its employees.
7. Impressive Growth: Despite being a relatively small bank, Stock Yards Bancorp has experienced significant growth in recent years, both organically and through acquisitions.
8. Commitment to Technology: The company has continually invested in innovative technology to enhance its products and services, providing customers with convenient and secure options for their financial transactions.
9. Strong Financial Performance: Stock Yards Bancorp has a track record of strong financial performance, with consistent profitability and a strong financial position.
10. Awards and Recognition: The company has received numerous awards and recognition for its financial performance, community involvement, and commitment to customer service, further highlighting its reputation as a top-performing and reputable company.
What the company's business model?
The Stock Yards Bancorp company's business model is a traditional banking and financial services model. It operates as a bank holding company and its primary business is providing banking, trust, investment management, and other related financial services to individuals and businesses in its markets. This includes commercial and consumer banking services, mortgage lending, wealth management, trust and investment services, and online and mobile banking solutions. The company generates revenue primarily through interest income, fees and commissions, and investment income. Its goal is to provide quality financial products and services while maintaining a strong financial position and delivering value to its shareholders.
Interesting facts about the company
1. Stock Yards Bancorp is a bank holding company headquartered in Louisville, Kentucky. It was founded in 1904 and is one of the oldest and largest independent banks in Kentucky.
2. The company operates through its subsidiary, Stock Yards Bank & Trust, which offers a range of financial services including personal and business banking, wealth management, and trust services.
3. Stock Yards Bancorp has over $3.9 billion in assets and over 600 employees. It also has 38 banking locations in Kentucky and Indiana, as well as a comprehensive digital banking platform.
4. In addition to traditional banking services, Stock Yards Bank & Trust is known for its strong commitment to community involvement and charitable giving. The company has a long history of supporting local organizations and causes.
5. Stock Yards Bancorp is publicly traded on the NASDAQ Global Select Market under the ticker symbol SYBT.
6. The company has a long history of financial stability and profitability, with over 115 consecutive quarters of profitability.
7. Stock Yards Bancorp has received numerous awards and accolades, including being named one of the 50 Best Places to Work in Louisville by Louisville Business First and being recognized as one of the Best Banks to Work For by American Banker Magazine.
8. The bank has a strong focus on technology and innovation, investing in advancements such as mobile banking, online account opening, and digital wallets to enhance the customer experience.
9. The company’s logo, a bull, represents strength, stability, and growth – values that Stock Yards Bancorp strives to embody in its business practices.
10. In addition to traditional banking services, Stock Yards Bank & Trust also offers specialized services such as agribusiness lending, environmental remediation and construction lending, and private aviation financing.
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2. The company operates through its subsidiary, Stock Yards Bank & Trust, which offers a range of financial services including personal and business banking, wealth management, and trust services.
3. Stock Yards Bancorp has over $3.9 billion in assets and over 600 employees. It also has 38 banking locations in Kentucky and Indiana, as well as a comprehensive digital banking platform.
4. In addition to traditional banking services, Stock Yards Bank & Trust is known for its strong commitment to community involvement and charitable giving. The company has a long history of supporting local organizations and causes.
5. Stock Yards Bancorp is publicly traded on the NASDAQ Global Select Market under the ticker symbol SYBT.
6. The company has a long history of financial stability and profitability, with over 115 consecutive quarters of profitability.
7. Stock Yards Bancorp has received numerous awards and accolades, including being named one of the 50 Best Places to Work in Louisville by Louisville Business First and being recognized as one of the Best Banks to Work For by American Banker Magazine.
8. The bank has a strong focus on technology and innovation, investing in advancements such as mobile banking, online account opening, and digital wallets to enhance the customer experience.
9. The company’s logo, a bull, represents strength, stability, and growth – values that Stock Yards Bancorp strives to embody in its business practices.
10. In addition to traditional banking services, Stock Yards Bank & Trust also offers specialized services such as agribusiness lending, environmental remediation and construction lending, and private aviation financing.
See Company Q&A