SYBT Intrinsic Value Calculation – Stock Yards Bancorp Reports Stellar Q4 Results – Surpassing Earnings and Revenue Estimates

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The company reported a GAAP EPS of $0.99, which was $0.08 higher than the expected figure of $0.91. Revenue was also impressive, coming in at $85.11M – a full $1.31M higher than forecasts. Stock Yards Bancorp ($NASDAQ:SYBT) is a financial services holding company providing consumer and business banking services in the US. The bank provides financial services such as consumer and business banking, investments, trust and wealth management services, insurance products and other services.

Market Price

Stock Yards Bancorp, a financial holding company that operates through its subsidiaries, reported stellar results in its fourth quarter earnings on Wednesday. Stock Yards Bancorp opened at $48.0 and closed at $48.9, higher than the previous day’s closing price of $47.7. This stock performance reflects market confidence in the company’s ability to deliver steady, sustainable growth in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for SYBT. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for SYBT. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for SYBT. More…

Key Ratios Snapshot

Some of the financial key ratios for SYBT are shown below. More…

Analysis – SYBT Intrinsic Value Calculation

We at GoodWhale recently conducted an analysis of STOCK YARDS BANCORP’s wellbeing. After reviewing their financials, we have determined that the fair value of their share is around $63.1, calculated using our proprietary Valuation Line. Currently, STOCK YARDS BANCORP stock is traded at $48.9, which is an undervaluation of 22.6%. This discrepancy in share price may present a great opportunity to buy stock at an attractive price. We believe investors should consider STOCK YARDS BANCORP as a potential investment opportunity, due to its potential upside. More…

Peers

In the banking industry, Stock Yards Bancorp Inc competes with PT Bank Mayapada Internasional Tbk, Wesbanco Inc, and Pioneer Bankcorp Inc. All four companies offer similar products and services, such as checking and savings accounts, loans, and credit cards.

However, each company differentiates itself in some way, whether it’s through customer service, interest rates, or fees.

– PT Bank Mayapada Internasional Tbk ($IDX:MAYA)

As of 2022, PT Bank Mayapada Internasional Tbk has a market cap of 8.16T. The company is a leading Indonesian bank that provides a wide range of banking products and services to personal, corporate, and institutional customers. It has a strong focus on retail and SME banking, and offers a variety of deposit, loan, and investment products. The bank has a network of over 500 branches and 4,000 ATMs across Indonesia.

– Wesbanco Inc ($NASDAQ:WSBC)

Wesbanco Inc is a regional bank holding company headquartered in Wheeling, West Virginia. As of December 31, 2019, Wesbanco operated 184 banking offices in the states of Ohio, Pennsylvania, and West Virginia. The company had $13.2 billion in assets and $9.7 billion in deposits. Wesbanco’s primary subsidiaries are Wesbanco Bank, Inc. and Union Bank, Inc.

Wesbanco Inc has a market cap of $2.32 billion as of 2022. The company operates 184 banking offices in the states of Ohio, Pennsylvania, and West Virginia. As of December 31, 2019, the company had $13.2 billion in assets and $9.7 billion in deposits.

Summary

The company reported an earnings per share (EPS) of $0.99, which beat analyst forecasts by $0.08. Revenue was reported at $85.11M, which beat analyst estimates by $1.31M. This beat shows that the company is in a strong financial position and is meeting or beating expectations. The strong financial results, along with positive analyst ratings, show that investors are optimistic about the company’s future prospects.