SYBT Stock Fair Value – Tiaa Fsb Reduces Stake in Stock Yards Bancorp by 1067 Shares
July 6, 2023
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Stock Yards Bancorp ($NASDAQ:SYBT) Inc. is a regional bank holding company based in Louisville, Kentucky. Services provided by the bank include consumer banking and commercial banking services, trust services, and wealth management services. Recently, Tiaa Fsb reported the sale of 1067 shares of Stock Yards Bancorp, Inc. to Defense World. The transaction was disclosed in a document filed with the SEC. It is yet unclear what was the purpose of this transaction and how it would affect the company’s future performance.
However, investors should keep a close eye on the stock as the company is looking to increase its market share and grow its business.
Price History
On Wednesday, Stock Yards Bancorp’s stock opened at $46.0 and closed at $45.6, representing a 1.4% decrease from the previous day’s closing price of $46.2. This implies that Tiaa Fsb sold its shares for less than they were valued at the previous day. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SYBT. More…
| Total Revenues | Net Income | Net Margin |
| – | 114.11 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SYBT. More…
| Operations | Investing | Financing |
| 108.74 | -384.43 | -518.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SYBT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.67k | 6.74k | – |
Key Ratios Snapshot
Some of the financial key ratios for SYBT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.2% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – SYBT Stock Fair Value
At GoodWhale, we have just completed an analysis of STOCK YARDS BANCORP’s wellbeing. Our proprietary Valuation Line suggests that the fair value of STOCK YARDS BANCORP’s share is around $65.9. However, the stock is now being traded at $45.6, which is undervalued by 30.8%. This presents a great opportunity for investors to take advantage of this discrepancy and acquire shares at a discounted price. More…
Peers
In the banking industry, Stock Yards Bancorp Inc competes with PT Bank Mayapada Internasional Tbk, Wesbanco Inc, and Pioneer Bankcorp Inc. All four companies offer similar products and services, such as checking and savings accounts, loans, and credit cards.
However, each company differentiates itself in some way, whether it’s through customer service, interest rates, or fees.
– PT Bank Mayapada Internasional Tbk ($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
Stock Yards Bancorp, Inc. has been the subject of an investment analysis recently, as TIAA FSB has sold 1067 shares of their stock. This suggests that investors may be wary of the company’s performance, and could be a sign of a potential undervaluation. Analysts generally point to the company’s earnings per share, its return on equity, its dividend yield, and its price-to-earnings ratio as indicators of its potential value. Stock Yards Bancorp, Inc. also has a strong balance sheet and low debt-to-equity ratio.
When evaluating the company, investors should also consider its financial health, operational performance, and competitive environment. It is important to research the company further before making any investment decision.
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