In the Q2, Stock Yards Bancorp Inc 's corporate clients experienced a decline by -10.18 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 7.17 %. During the corresponding time, Stock Yards Bancorp Inc recorded a revenue increase by 19.79 % year on year, sequentially revenue grew by 13 %. While revenue at the Stock Yards Bancorp Inc 's corporate clients fell by -5.61 % year on year, sequentially revenue grew by 13.04 %.
Customers of Stock Yards Bancorp Inc saw their costs of revenue decline by -10.18 % in Q2 compare to a year ago, sequentially costs of revenue grew by 7.17 %, for the same period Stock Yards Bancorp Inc recorded revenue increase by 19.79 % year on year, sequentially revenue grew by 13 %.
Stock Yards Bancorp Inc's Comment on Sales, Marketing and Customers
Bancorp operates through two reportable segments: Commercial Banking and Wealth Management & Trust (WM&T). The Commercial Banking segment provides loan and deposit products, including retail lending, mortgage banking, deposit services, online and mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management, merchant services, international banking, correspondent banking, credit card services, and securities brokerage through a third-party broker-dealer. The WM&T segment offers investment management, financial and retirement planning, trust and estate services, and retirement plan management for businesses and corporations. Bancorp primarily serves Louisville, Kentucky, and also operates in central, eastern, and northern Kentucky, Indianapolis, Indiana, and Cincinnati, Ohio. Key revenue sources include net interest income, non-interest income from WM&T activities, deposit service charges, card services, treasury management, mortgage banking, brokerage, and other ancillary services.
Stock Yards Bancorp Inc’s Comment on Sales, Marketing and Customers
Bancorp operates through two reportable segments: Commercial Banking and Wealth Management & Trust (WM&T). The Commercial Banking segment provides loan and deposit products, including retail lending, mortgage banking, deposit services, online and mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management, merchant services, international banking, correspondent banking, credit card services, and securities brokerage through a third-party broker-dealer. The WM&T segment offers investment management, financial and retirement planning, trust and estate services, and retirement plan management for businesses and corporations. Bancorp primarily serves Louisville, Kentucky, and also operates in central, eastern, and northern Kentucky, Indianapolis, Indiana, and Cincinnati, Ohio. Key revenue sources include net interest income, non-interest income from WM&T activities, deposit service charges, card services, treasury management, mortgage banking, brokerage, and other ancillary services.
Sources:
Stock Yards Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Stock Yards Bancorp Inc’s corporate clients.
For your research, we’ve provided 9 tables on Stock Yards Bancorp Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
20.86 %