Stock Yards Bancorp, Inc. (SYBT) Balance Sheet
SYBT balance sheet, 2025
December 31, 2025 · U.S. dollars$9.54B assets = $8.46B liabilities + $1.08B equity
Both columns are drawn to the same scale: what SYBT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SYBT financial health
Descriptive bands, not a rating. Fiscal 2025.
SYBT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.04B2016 | $9.54B2025 | +13.5%/yr | |
| Total liabilities | $2.73B2016 | $8.46B2025 | +13.4%/yr | |
| Shareholders’ equity | $313.9M2016 | $1.08B2025 | +14.7%/yr | |
| Cash & short-term investments | $609.8M2016 | $82.7M2025 | −19.9%/yr | |
| Total debt | $166.0M2016 | $446.6M2025 | +11.6%/yr | |
| Net cash (debt) | $443.7M2016 | −$363.9M2025 | −$807.6M | |
| Working capital | −$2.02B2016 | −$7.79B2025 | −$5.8B | |
| Book value per share | $13.772016 | $36.462025 | +11.4%/yr | |
| Debt / equity | 0.532016 | 0.422025 | −0.11 | |
| Shares outstanding | 22.8M2016 | 29.5M2025 | +2.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SYBT assets
SYBT liabilities and equity
SYBT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SYBT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $82.7M | $1.07B | $1.13B | $1.23B | $1.24B | $630.2M | $517.6M | $488.9M | $616.5M | $609.8M |
| Cash & equivalents | $70.1M | $78.9M | $94.5M | $82.5M | $62.3M | $43.2M | $46.9M | $51.9M | $42.0M | $39.7M |
| Short-term investments | $12.6M | $990.1M | $1.03B | $1.14B | $1.18B | $587.0M | $470.7M | $437.0M | $574.5M | $570.1M |
| Receivables | $28.8M | $47.4M | $46.3M | $38.6M | $30.0M | $29.8M | $26.5M | $10.3M | $10.6M | $9.0M |
| Inventory | $0 | $0 | $67.6M | −$232.4M | −$1.00B | −$336.4M | −$263.7M | $1.0M | $2.6M | $5.0M |
| Other current assets | $8.8M | $6.4M | $0 | $215.9M | $1.01B | $339.4M | $266.5M | $2.1M | $216,000 | $0 |
| Total current assets | $120.3M | $1.12B | $1.18B | $1.25B | $1.28B | $662.9M | $546.9M | $502.3M | $629.9M | $618.8M |
| Property, plant & equipment (net) | $118.7M | $112.7M | $101.2M | $101.6M | $76.9M | $58.0M | $58.6M | $44.8M | $41.7M | $42.4M |
| Goodwill & intangible assets | $216.4M | $221.2M | $227.5M | $234.3M | $146.0M | $17.2M | $16.2M | $2.8M | $2.8M | $3.0M |
| Long-term investments | $1.12B | $1.55B | $1.65B | $1.62B | $5.30B | $4.09B | $3.30B | $2.96B | $2.39B | $2.28B |
| Other non-current assets | $7.97B | $5.86B | $5.02B | $4.29B | $0 | $0 | $0 | $0 | $177.6M | $90.7M |
| Total assets | $9.54B | $8.86B | $8.17B | $7.50B | $6.65B | $4.61B | $3.72B | $3.30B | $3.24B | $3.04B |
| Liabilities | ||||||||||
| Accounts payable | $1.7M | $1.9M | $2.1M | $660,000 | $300,000 | $391,000 | $640,000 | $762,000 | $232,000 | $144,000 |
| Short-term debt | $119.8M | $169.5M | $165.8M | $145.6M | $85.8M | $59.4M | $42.8M | $46.3M | $231.8M | $115.0M |
| Deferred revenue | — | — | −$2.1M | −$144.9M | −$88.2M | −$73.3M | −$44.1M | −$75.6M | −$261.6M | −$144.8M |
| Total current liabilities | $7.91B | $7.34B | $6.84B | $660,000 | $5.87B | $4.05B | $3.18B | $2.84B | $2.81B | $2.64B |
| Long-term debt | $326.8M | $326.8M | $226.7M | $26.3M | $0 | $31.6M | $80.0M | $48.2M | $49.5M | $51.1M |
| Other long-term liabilities | $221.0M | $258.3M | $246.6M | $0 | $96.5M | $87.8M | $60.6M | $46.8M | $46.2M | $38.9M |
| Total liabilities | $8.46B | $7.92B | $7.31B | $6.74B | $5.97B | $4.17B | $3.32B | $2.94B | $2.91B | $2.73B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $59.1M | $58.9M | $58.6M | $58.4M | $49.5M | $36.5M | $36.2M | $36.7M | $36.5M | $36.2M |
| Retained earnings (deficit) | $675.1M | $577.6M | $506.3M | $439.9M | $391.2M | $353.6M | $333.7M | $298.2M | $267.2M | $252.4M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$61.3M | −$91.2M | −$92.8M | −$115.5M | −$7.9M | $8.7M | $677,000 | −$5.1M | −$1.9M | −$1.5M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.08B | $940.5M | $858.1M | $760.4M | $675.9M | $440.7M | $406.3M | $366.5M | $333.6M | $313.9M |
| Key figures | ||||||||||
| Total debt | $446.6M | $496.3M | $392.6M | $171.9M | $85.8M | $91.1M | $122.7M | $94.5M | $281.3M | $166.0M |
| Net cash (debt) | −$363.9M | $572.7M | $733.1M | $1.06B | $1.16B | $539.1M | $394.9M | $394.4M | $335.2M | $443.7M |
| Working capital | −$7.79B | −$6.22B | −$5.66B | $1.25B | −$4.60B | −$3.39B | −$2.63B | −$2.34B | −$2.18B | −$2.02B |
| Tangible book value | $859.3M | $719.3M | $630.6M | $526.1M | $529.9M | $423.5M | $390.1M | $363.7M | $330.9M | $310.9M |
| Book value per share | $36.46 | $31.97 | $29.24 | $26.29 | $26.87 | $19.36 | $17.77 | $15.97 | $14.52 | $13.77 |
| Shares outstanding | 29.5M | 29.4M | 29.3M | 28.9M | 25.2M | 22.8M | 22.9M | 22.9M | 23.0M | 22.8M |
| Current ratio | 0.02 | 0.15 | 0.17 | 1,892.86 | 0.22 | 0.16 | 0.17 | 0.18 | 0.22 | 0.23 |
| Quick ratio | 0.01 | 0.15 | 0.17 | 1,917.82 | 0.22 | 0.16 | 0.17 | 0.18 | 0.22 | 0.23 |
| Debt / equity | 0.42 | 0.53 | 0.46 | 0.23 | 0.13 | 0.21 | 0.30 | 0.26 | 0.84 | 0.53 |
| Equity / assets | 11.3% | 10.6% | 10.5% | 10.1% | 10.2% | 9.6% | 10.9% | 11.1% | 10.3% | 10.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $609.1M | $609.1M | $82.7M | $821.9M | $1.11B | $953.2M | $1.07B | $970.7M | $1.05B | $1.07B | $1.13B | $1.10B |
| Cash & equivalents | $85.6M | $85.6M | $70.1M | $84.4M | $97.6M | $110.2M | $78.9M | $108.8M | $85.4M | $71.7M | $94.5M | $79.5M |
| Short-term investments | $523.5M | $523.5M | $12.6M | $737.5M | $1.01B | $843.1M | $990.1M | $861.8M | $961.6M | $993.8M | $1.03B | $1.02B |
| Receivables | $28.6M | $28.6M | $28.8M | $51.8M | $46.3M | $46.2M | $47.4M | $47.3M | $50.2M | $47.0M | $46.3M | $42.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$997.1M | $56.9M | −$186.3M | −$82.3M | −$368.6M |
| Other current assets | $8.8M | $8.8M | $8.8M | $6.5M | $5.3M | $6.1M | $6.4M | $1.00B | $0 | $192.6M | $88.2M | $372.8M |
| Total current assets | $646.4M | $646.4M | $120.3M | $880.2M | $1.16B | $1.01B | $1.12B | $1.02B | $1.10B | $1.12B | $1.18B | $1.15B |
| Property, plant & equipment (net) | $119.9M | $119.9M | $118.7M | $116.2M | $114.0M | $114.0M | $112.7M | $111.3M | $111.1M | $106.7M | $101.2M | $98.4M |
| Goodwill & intangible assets | $259.5M | $215.2M | $216.4M | $217.6M | $218.8M | $219.8M | $221.2M | $223.1M | $224.5M | $225.9M | $227.5M | $229.1M |
| Long-term investments | $1.05B | $1.08B | $1.12B | $1.13B | $1.42B | $1.44B | $1.55B | $1.41B | $1.52B | $1.55B | $1.65B | $1.58B |
| Other non-current assets | $7.44B | $7.41B | $7.97B | $6.96B | $6.29B | $6.21B | $5.86B | $5.67B | $5.36B | $5.12B | $5.02B | $4.85B |
| Total assets | $9.51B | $9.47B | $9.54B | $9.31B | $9.21B | $9.00B | $8.86B | $8.44B | $8.32B | $8.12B | $8.17B | $7.90B |
| Liabilities | ||||||||||||
| Accounts payable | $1.7M | $1.7M | $1.7M | $1.9M | $1.8M | $2.0M | $1.9M | $2.0M | $2.2M | $2.2M | $2.1M | $1.8M |
| Short-term debt | $94.9M | $94.9M | $119.8M | $79.9M | $133.3M | $158.0M | $169.5M | $156.3M | $163.0M | $172.5M | $165.8M | $125.4M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$2.2M | −$2.2M | −$2.1M | −$1.8M |
| Total current liabilities | $7.81B | $7.85B | $7.91B | $7.73B | $7.64B | $7.45B | $7.34B | $6.88B | $6.73B | $6.78B | $6.84B | $6.53B |
| Long-term debt | $326.8M | $326.8M | $326.8M | $326.8M | $326.8M | $326.8M | $326.8M | $351.8M | $426.8M | $226.8M | $226.7M | $376.6M |
| Other long-term liabilities | $183.3M | $183.3M | $221.0M | $213.7M | $234.6M | $241.3M | $258.3M | $267.0M | $259.6M | $237.8M | $246.6M | $189.8M |
| Total liabilities | $8.32B | $8.36B | $8.46B | $8.27B | $8.20B | $8.02B | $7.92B | $7.50B | $7.42B | $7.25B | $7.31B | $7.10B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | $59.2M | $59.1M | $59.1M | $59.1M | $59.1M | $58.9M | $58.9M | $58.8M | $58.8M | $58.6M | $58.6M |
| Retained earnings (deficit) | $728.0M | $698.1M | $675.1M | $648.0M | $621.5M | $597.2M | $577.6M | $557.5M | $540.3M | $521.3M | $506.3M | $491.8M |
| Accumulated other comprehensive income | −$60.7M | −$61.2M | −$61.3M | −$67.6M | −$75.3M | −$79.8M | −$91.2M | −$75.3M | −$95.0M | −$95.1M | −$92.8M | −$127.9M |
| Total shareholders' equity | $1.19B | $1.10B | $1.08B | $1.04B | $1.01B | $975.5M | $940.5M | $934.1M | $894.5M | $874.7M | $858.1M | $806.9M |
| Key figures | ||||||||||||
| Total debt | $421.7M | $421.7M | $446.6M | $406.7M | $460.1M | $484.8M | $496.3M | $508.1M | $589.8M | $399.3M | $392.6M | $502.1M |
| Net cash (debt) | $187.4M | $187.4M | −$363.9M | $415.2M | $651.4M | $468.4M | $572.7M | $462.6M | $457.3M | $666.2M | $733.1M | $597.7M |
| Working capital | −$7.16B | −$7.21B | −$7.79B | −$6.85B | −$6.48B | −$6.45B | −$6.22B | −$5.86B | −$5.63B | −$5.67B | −$5.66B | −$5.38B |
| Tangible book value | $931.0M | $887.7M | $859.3M | $823.5M | $786.9M | $755.7M | $719.3M | $711.0M | $670.1M | $648.8M | $630.6M | $577.8M |
| Book value per share | $38.94 | $37.39 | $36.47 | $35.26 | $34.09 | $33.07 | $31.89 | $31.72 | $30.44 | $29.79 | $29.26 | $27.51 |
| Shares outstanding | 30.6M | 29.5M | 29.5M | 29.5M | 29.5M | 29.5M | 29.5M | 29.4M | 29.4M | 29.4M | 29.3M | 29.3M |
| Current ratio | 0.08 | 0.08 | 0.02 | 0.11 | 0.15 | 0.13 | 0.15 | 0.15 | 0.16 | 0.16 | 0.17 | 0.18 |
| Quick ratio | 0.08 | 0.08 | 0.01 | 0.11 | 0.15 | 0.13 | 0.15 | 0.15 | 0.16 | 0.16 | 0.17 | 0.17 |
| Debt / equity | 0.35 | 0.38 | 0.42 | 0.39 | 0.46 | 0.50 | 0.53 | 0.54 | 0.66 | 0.46 | 0.46 | 0.62 |
| Equity / assets | 12.5% | 11.7% | 11.3% | 11.2% | 10.9% | 10.8% | 10.6% | 11.1% | 10.8% | 10.8% | 10.5% | 10.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
SYBT financial position
At the end of fiscal 2025 (December 31, 2025), Stock Yards Bancorp had total assets of $9.5 billion (up 7.6% from a year earlier), total liabilities of $8.5 billion and shareholders' equity of $1.1 billion. It held $82.7 million in cash and short-term investments against $446.6 million of debt, net debt of $363.9 million. Its current ratio was 0.02. In the latest quarter (ended June 30, 2026) total assets were $9.5 billion and equity $1.2 billion.
Related: SYBT income statement, SYBT cash flow statement, SYBT key metrics. See the SYBT stock overview for the latest quote and news.
SYBT balance sheet FAQ
What are Stock Yards Bancorp's total assets?
Stock Yards Bancorp reported total assets of $9.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $8.9 billion a year earlier.
How much debt does Stock Yards Bancorp have?
Stock Yards Bancorp had $446.6 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.42.
How much cash does Stock Yards Bancorp have?
Stock Yards Bancorp held $82.7 million in cash and short-term investments at the end of fiscal 2025; with $446.6 million of debt that is net debt of $363.9 million.
What is Stock Yards Bancorp's book value?
Stock Yards Bancorp's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2025, or $36.46 per share.
What is Stock Yards Bancorp's current ratio?
Stock Yards Bancorp had current assets of $120.3 million and current liabilities of $7.9 billion, a current ratio of 0.02 (current liabilities exceed current assets).
How much goodwill does Stock Yards Bancorp have?
Stock Yards Bancorp carried $216.4 million of goodwill and intangible assets, 2.3% of total assets, at the end of fiscal 2025.