Stock Yards Bancorp Inc (SYBT) Soars 8% on January 06

Equities Staff  |

Stock Yards Bancorp Inc (SYBT) had a good day on the market for Wednesday January 06 as shares jumped 8% to close at $43.61. About 79,936 shares traded hands on 1,676 trades for the day, compared with an average daily volume of n/a shares out of a total float of 22.69 million. After opening the trading day at $41.40, shares of Stock Yards Bancorp Inc stayed within a range of $44.88 to $41.40.

With today's gains, Stock Yards Bancorp Inc now has a market cap of $989.6 million. Shares of Stock Yards Bancorp Inc have been trading within a range of $44.73 and $22.98 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Stock Yards Bancorp Inc is the holding company. The Bank provides commercial and personal banking services in the Louisville, Kentucky, Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets through full-service banking offices. Bancorp in addition to its traditional commercial and personal banking activities has a wealth management and trust department offering a wide range of investment management, retirement planning, trust and estate administration and financial planning services. Bancorp has two reportable operating segments: Commercial banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination and wealth management and trust activities.

Stock Yards Bancorp Inc is based out of Louisville, KY and has some 626 employees. Its CEO is James A. Hillebrand.

For a complete fundamental analysis of Stock Yards Bancorp Inc, check out’s Stock Valuation Analysis report for SYBT.

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Stock Yards Bancorp Inc is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Stock Yards Bancorp Inc and to follow the company’s latest updates, you can visit the company’s profile page here: SYBT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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