Filing Flows › Stock Yards Bancorp (SYBT) › Q3 2026
Stock Yards Bancorp (SYBT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Stock Yards Bancorp (SYBT) reported revenue of $120M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +5% from the quarter before. Operating margin was 45.9%, net earnings $43.5M (36.2% of revenue).
Stock Yards Bancorp, Q3 2026: revenue $120M (+18% year over year), operating margin 45.9%, net earnings $43.5M, operating cash flow $82.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | +5% | +18% |
| Operating profit | $55.2M | +9% | +21% |
| Net earnings | $43.5M | +9% | +20% |
| Operating cash flow | $82.6M | +42% | +116% |
| Free cash flow | $81.8M | +48% | +133% |
What changed
Revenue was $120.2M in Q3 2026, up 18% year over year and up 5% from the previous quarter. Net interest income was the largest line at 77% of revenue. Net interest income added $15.6M year over year (up 20%), 83% of the total change.
Operating profit was $55.2M, a 45.9% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 51% reached operating profit, above the 45% margin then. Total costs grew 17% against revenue growth of 18%. The fastest-growing cost line was Noninterest expense (+19%). Net earnings were $43.5M, up 20% year over year. The effective tax rate was 21.1%.
Operating cash flow was $82.6M (up 116% year over year), 190% of net earnings. Non-cash charges added back $4.5M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $33.3M. Capital expenditures of $810K left free cash flow of $81.8M.
Questions
What was Stock Yards Bancorp's revenue in the third quarter 2026?
Stock Yards Bancorp (SYBT) reported revenue of $120M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +5% from the quarter before.
Was Stock Yards Bancorp profitable in the third quarter 2026?
Operating profit was $55.2M (45.9% of revenue) and net earnings $43.5M.