SYBT on Nasdaq

Stock Yards Bancorp, Inc.

American state commercial bank based in Louisville, incorporated in Kentucky2

In its 2026 annual report the company says: “Stock Yards Bancorp, Inc., is a FHC headquartered in Louisville, Kentucky and is engaged in the business of banking through its wholly owned subsidiary, Stock Yards Bank & Trust Company.”5 Its shares trade on Nasdaq under the symbol SYBT.2

Price unavailable

Last updated Oct 20, 2026.

Overview

Compare with CIVISTA BANCSHARES, INC., BAR HARBOR BANKSHARES or Tri-County Financial Group, Inc., or pick any stock.

  • TickerSYBT on Nasdaq2
  • IndustryState Commercial Banks2
  • HeadquartersLouisville, United States2
  • Incorporated inKY3
  • Business address1040 E Main St, Louisville, Ky 402063
  • Filer categoryLarge accelerated filer3
  • Legal formCorporation2
  • LEI549300YERP9H5TDIQW162
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o SKO-Louisville Services, LLC, 400 W. MARKET STREET, SUITE 2700, 40202 Louisville, United States2
  • Registered withBusiness Services (Office of the Secretary of State), 02386692

See how the biggest companies compare on our leaderboards

Stock Yards Bancorp, Inc. (“Bancorp” or “the Company”), is a FHC headquartered in Louisville, Kentucky and is engaged in the business of banking through its wholly owned subsidiary, Stock Yards Bank & Trust Company (“SYB” or “the Bank”). Bancorp, which was incorporated in 1988 in Kentucky, is registered with, and subject to supervision, regulation and examination by, the Board of Governors of the Federal Reserve System. As Bancorp has no significant operations of its own, its business and the business of SYB are essentially the same. The operations of SYB are fully reflected in the consolidated financial statements of Bancorp. Accordingly, references to “Bancorp” in this document may encompass both the holding company and the Bank. All significant inter-company transactions and accounts have been eliminated in consolidation.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

251.5%Net margin6
3.4%Revenue growth, 20207
13.4%Return on equity8
$71.7MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Fiduciary and Trust brought in 52% of the revenue Stock Yards Bancorp, Inc. broke down this way in fiscal 2025.

  1. Fiduciary and Trust$42.8M952%down 0% from 2024
  2. Credit and Debit Card$19.9M924%down 1% from 2024
  3. Deposit Account$8.7M911%down 2% from 2024
  4. Investment Advisory, Management and Administrative Service$4.2M95%up 18% from 2024
  5. Product Sales Commissions and Fees$4.2M95%up 18% from 2024
  6. Product and Service, Other$2.9M94%up 14% from 2024
Products and services by year
Products and services202320242025
Fiduciary and Trust$39.8M$42.8M$42.8M
Credit and Debit Card$19.4M$20.1M$19.9M
Deposit Account$8.9M$8.9M$8.7M
Investment Advisory, Management and Administrative Service$3.2M$3.6M$4.2M
Product Sales Commissions and Fees$3.2M$3.6M$4.2M
Product and Service, Other$5.0M$2.6M$2.9M

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Interest15¢$11.9M
  • Income tax11¢$8.9M
  • Profit74¢$58.9M

Out of $23.4M in revenue.76

Where each dollar of operating cash went, fiscal 2020

  • Capital spending7¢$5.5M
  • Dividends paid32¢$24.5M
  • Share buybacks3¢$2.3M
  • Kept or used elsewhere58¢$44.9M

Out of $77.1M of cash from operations.6

Financial statements

Revenue7$23.4M in 2020+3% since 2019
0$10.0M$20.0M$30.0M2019: $22.6M$22.6M20192020: $23.4M$23.4M2020+3%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Loans, including fees$416.9M$369.4M$302.0M
Federal funds sold and interest bearing due from banks$17.2M$9.3M$8.4M
Mortgage loans held for sale$348.0K$232.0K$211.0K
Federal Home Loan Bank stock$2.1M$2.3M$1.6M
Taxable$29.1M$29.9M$32.7M
Tax-exempt$1.9M$1.8M$1.8M
Total interest income$467.6M$412.9M$346.7M
Deposits$149.5M$133.5M$81.6M
Securities sold under agreements to repurchase$2.4M$3.4M$2.1M
Federal funds purchased and other short-term borrowings$283.0K$471.0K$689.0K
Federal Home Loan Bank advances$13.5M$16.4M$12.8M
Subordinated debentures$1.6M$2.0M$2.2M
Total interest expense$167.3M$155.8M$99.4M
Net interest income$300.3M$257.0M$247.3M
Provision for credit losses$6.7M$9.7M$13.8M
Net interest income after provision expense$293.6M$247.3M$233.5M
Mortgage banking income$4.1M$3.9M$3.7M
Loss on sale of securities AFS debt securities$0$0-$44.0K
Bank owned life insurance$2.5M$2.4M$2.3M
Gain on sale of premises and equipment$72.0K-$100.0K-$30.0K
Total non-interest income$96.9M$95.2M$92.2M
Compensation$110.6M$100.8M$91.9M
Employee benefits$21.3M$20.3M$18.5M
Net occupancy and equipment$16.5M$15.2M$16.4M
Technology and communication$19.3M$19.2M$17.3M
Debit and credit card processing$7.6M$7.3M$6.5M
Marketing and business development$7.5M$6.9M$6.0M
Postage, printing and supplies$3.7M$3.6M$3.6M
Legal and professional$4.2M$4.1M$4.0M
FDIC insurance$4.8M$4.5M$3.9M
Capital and deposit based taxes$3.4M$2.8M$2.5M
Intangible amortization$3.7M$4.5M$4.7M
Amortization of investments in tax credit partnerships$0$0$1.3M
Other$9.7M$8.9M$11.4M
Total non-interest expenses$212.4M$198.2M$187.8M
Income before income tax expense$178.2M$144.4M$137.9M
Income tax expense$38.0M$29.8M$30.2M
Net income$140.2M$114.5M$107.7M
Net income per share - basic (in dollars per share)$4.77$3.91$3.69
Net income per share - diluted (in dollars per share)$4.75$3.89$3.67
Basic (in shares)29.4M shares29.3M shares29.2M shares
Diluted (in shares)29.5M shares29.4M shares29.3M shares

Compare Stock Yards Bancorp, Inc. with another company

Corporate structure

Stock Yards Bancorp, Inc. sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Stock Yards Bancorp, Inc.

  • STOCK YARDS BANK & TRUST CO Filed SCHEDULE 13G/A on Stock Yards Bancorp, Inc., latest Aug 12, 2026 (5 filings since Feb 22, 2024)
  • Neuberger Berman Filed SCHEDULE 13G on Stock Yards Bancorp, Inc., latest Jul 8, 2026 (5 filings since Feb 10, 2023)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Stock Yards Bancorp, Inc., latest Mar 27, 2026 (4 filings since Feb 10, 2022)
  • KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G/A on Stock Yards Bancorp, Inc., latest Feb 13, 2026 (5 filings since Feb 11, 2022)
  • Darrell R. Wells Filed SCHEDULE 13D/A on Stock Yards Bancorp, Inc., latest Sep 22, 2025 (2 filings since Mar 1, 2023)
  • Stock Yards Bancorp, Inc. Louisville, Kentucky, United States
    • Commonwealth Statutory Trust III Subsidiary · Delaware, United States
    • Commonwealth Statutory Trust IV Subsidiary · Delaware, United States
    • Commonwealth Statutory Trust V Subsidiary · Delaware, United States
    • Stock Yards Bank & Trust Company Subsidiary · Louisville, Kentucky, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Stock Yards Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$163.6M9 Dec 31, 2025$155.9M9 Dec 31, 2024+4.9%
Accumulated depreciation$44.9M9 Dec 31, 2025$43.1M9 Dec 31, 2024+4.0%
Property and equipment, net$118.7M9 Dec 31, 2025$112.7M9 Dec 31, 2024+5.3%
Operating-lease assets (leased space)$31.2M9 Dec 31, 2025$29.7M9 Dec 31, 2024+5.2%

Investments

ItemLatestA year beforeChange
Debt securities available for sale$990.1M13 Dec 31, 2024$1.0B13 Dec 31, 2023−4.0%
Debt securities held to maturity$370.2M13 Dec 31, 2024$439.8M13 Dec 31, 2023−15.8%
Loans, net of allowance$6.9B9 Dec 31, 2025$6.4B9 Dec 31, 2024+8.0%
Deposits held (banks)$7.8B9 Dec 31, 2025$7.2B9 Dec 31, 2024+8.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$194.1M9 Dec 31, 2025$194.1M9 Dec 31, 20240%

Properties, in its own words

The corporate headquarters of Bancorp are located at 1040 East Main Street, Louisville, Kentucky, a complex that also serves as the Bank’s main branch. Bancorp’s operations center is located at a separate location in Louisville. At December 31, 2025, in addition to the main office complex and the operations center, Bancorp owned 56 branches, eight of which are located on leased land. At that date, Bancorp also leased 19 branches. Of the 75 total banking locations, 41 are located in our home market of the Louisville MSA, while 19, nine and six are located in our Central Kentucky, Cincinnati and Indianapolis MSAs, respectively.

Item 2 of the 10-K filed Feb 26, 2026.5

Leadership

Who has led Stock Yards Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. David P. Heintzman2006–2018
  2. James A. Hillebrand2018–now

Chair

  1. David P. Heintzman2006–2021
  2. James A. Hillebrand2021–now

President

  1. James A. Hillebrand2008–2018
  2. Philip Poindexter2018–now
2010201520202025
Board members and other officers (34)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Vice President, Treasurer and Chief Financial Officer of the issuer and the issuer's wholly owned bank.T. Clay Stinnett named Nov 19, 202151

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Commonwealth Statutory Trust III Delaware4
  • Commonwealth Statutory Trust IV Delaware4
  • Commonwealth Statutory Trust V Delaware4
  • Stock Yards Bank & Trust Company Kentucky4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • S Y BANCORP INCMar 28, 1996 to Apr 30, 20143

Timeline

  1. Aug 19, 20268-K Other events52
  2. Jul 29, 20268-K Results of operations53
  3. May 1, 20268-K Executive or director change; Regulation FD disclosure; Other events54
  4. Apr 29, 20268-K Shareholder vote55
  5. Apr 22, 20268-K Results of operations56
  6. Jan 27, 20268-K Results of operations57
  7. Jan 27, 20268-K Entered a material agreement; Regulation FD disclosure58
  8. Oct 29, 20258-K Results of operations59
  9. Sep 3, 20258-K Executive or director change60
  10. Aug 25, 20258-K Executive or director change61
  11. Aug 20, 20258-K Other events62
  12. Jul 23, 20258-K Results of operations63
  13. Oct 2, 2018New chief executive James A. Hillebrand becomes CEO14
  14. Jan 12, 2006New chief executive David P. Heintzman becomes CEO15
  15. Jan 12, 1988Founded Stock Yards Bancorp, Inc. is founded2

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.23 a share, on Oct 29, 2025.64

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results53
  2. Apr 22, 2026Reported quarterly or annual results56
  3. Jan 27, 2026Reported quarterly or annual results57
  4. Oct 29, 2025Reported quarterly or annual results59
  5. Jul 23, 2025Reported quarterly or annual results63
  6. Apr 23, 2025Reported quarterly or annual results65
  7. Jan 22, 2025Reported quarterly or annual results66
  8. Oct 23, 2024Reported quarterly or annual results67

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

676 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 524 insider forms, 24 large holders, 1 private raises, 58 other. The latest 20:

  1. Sep 22, 20264 EDGAR
  2. Sep 22, 20264 EDGAR
  3. Sep 22, 20264 EDGAR
  4. Sep 22, 20264 EDGAR
  5. Sep 4, 20264 EDGAR
  6. Aug 21, 20264 EDGAR
  7. Aug 21, 20264 EDGAR
  8. Aug 21, 20264 EDGAR
  9. Aug 19, 20268-K EDGAR
  10. Aug 12, 2026SCHEDULE 13G/A EDGAR
  11. Aug 4, 202610-Q EDGAR
  12. Aug 3, 20264 EDGAR
  13. Jul 29, 20268-K EDGAR
  14. Jul 28, 20264 EDGAR
  15. Jul 28, 20264 EDGAR
  16. Jul 28, 20264 EDGAR
  17. Jul 8, 2026SCHEDULE 13G EDGAR
  18. Jun 18, 20264 EDGAR
  19. Jun 18, 20264 EDGAR
  20. Jun 18, 20264 EDGAR

The 676 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

71 open-market trades by officers, directors and large owners since October 2021: 20 buys and 51 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2026WOODS MICHAEL WSr. Vice PresidentSale139$79.02$11.0KForm 4
Jul 30, 2026Wells Laura LDirectorSale6,823$86.29$588.8KForm 4
May 21, 2026Poindexter PhilipPresidentSale1,221$70.68$86.3KForm 4
Nov 6, 2025Hardy David L.DirectorBuy2,000$66.53$133.1KForm 4
Sep 29, 2025WOODS MICHAEL WSr. Vice PresidentBuy100$69.95$7.0KForm 4
Aug 27, 2025Hillebrand James AChairman & CEOSale2,162$83.32$180.1KForm 4
Jun 24, 2025Dishman WilliamExecutive Vice PresidentSale2,802$78.10$218.8KForm 4
Jun 11, 2025Wells Laura LDirectorSale4,000$78.00$312.0KForm 4
Jun 10, 2025CROCE MICHAELExecutive Vice PresidentSale4,100$77.06$315.9KForm 4
May 15, 2025Wells Laura LDirectorSale1,000$77.00$77.0KForm 4
Apr 28, 2025HEINTZMAN DAVID PDirectorSale1,581$74.00$117.0KForm 4
Apr 25, 2025HEINTZMAN DAVID PDirectorSale3,419$74.71$255.4KForm 4
Dec 16, 2024Newton Michael BSr. Vice PresidentSale45$76.76$3.5KForm 4
Nov 25, 2024HEINTZMAN DAVID PDirectorSale3,500$78.10$273.4KForm 4
Nov 22, 2024Poindexter PhilipPresidentSale3,419$75.55$258.3KForm 4
Nov 21, 2024Rehm MichaelExecutive Vice PresidentSale2,650$74.81$198.2KForm 4
Nov 15, 2024HEINTZMAN DAVID PDirectorSale10,000$73.08$730.8KForm 4
Nov 12, 2024HEINTZMAN DAVID PDirectorSale8,000$76.75$614.0KForm 4
Nov 8, 2024CROCE MICHAELExecutive Vice PresidentSale1,797$72.78$130.8KForm 4
Nov 6, 2024HEINTZMAN DAVID PDirectorSale3,000$74.59$223.8KForm 4

All 71 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025James A. Hillebrand57$875.0K$3.4M73
2025Philip S. Poindexter59$540.0K$1.7M73
2025T. Clay Stinnett$465.0K$1.4M73
2025Michael V. Rehm$465.0K$1.1M73
2025William M. Dishman III$365.0K$938.9K73
2024Chairman and Chief Executive$775.0K$2.5M73
2024President$500.0K$1.4M73
2024Chief Financial Officer$425.0K$1.2M73
2024Chief Lending Officer$425.0K$909.0K73
2024Chief Credit Officer$325.0K$755.4K73
2023Officer$775.0K$1.6M73
2023President$500.0K$933.8K73
2023Chief Financial Officer$425.0K$772.6K73
2023Chief Lending Officer$425.0K$689.8K73
2023Chief Credit Officer$325.0K$527.6K73

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Nov 19, 2021Filed a private offering of equity Form D: $198.5 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.2,160,573$165.2M0.0%+210,708
Neuberger Berman Group LLC1,606,499$122.8M0.1%+570,992
Kayne Anderson Rudnick Investment Management LLC1,292,407$98.8M0.3%−34,420
Stock Yards Bank & Trust Co1,255,054$96.0M2.7%−63,590
Vanguard Capital Management LLC1,159,894$88.7M0.0%−6,850
State Street Corp1,132,794$86.9M0.0%+169,071
Field & Main Bank1,081,161$82.7M17.1%New
Victory Capital Management Inc917,486$70.2M0.0%−26,815
Dimensional Fund Advisors LP916,815$70.1M0.0%+37,606
Geode Capital Management, LLC722,914$55.3M0.0%+49,973
Vanguard Portfolio Management LLC488,906$37.4M0.0%+24,886
Goldman Sachs Group Inc427,119$32.7M0.0%+99,521
Curi Capital, LLC324,529$24.9M0.4%+3,162
Champlain Investment Partners, LLC270,586$20.7M0.5%−51,726
Northern Trust Corp265,806$20.3M0.0%+12,044
Morgan Stanley252,588$19.3M0.0%−63,805
Charles Schwab Investment Management Inc229,815$17.6M0.0%+5,335
Manufacturers Life Insurance Company, The207,240$15.8M0.0%−246
Tudor Investment Corp Et Al198,148$15.2M0.1%+47,920
Ameriprise Financial Inc193,764$14.8M0.0%+1,154
Aptus Capital Advisors, LLC190,763$14.6M0.1%+1,153
Vanguard Fiduciary Trust Co184,035$14.1M0.0%−2,321
Jones Financial Companies Lllp179,373$13.7M0.0%+47,891
Meridian Wealth Management, LLC160,054$12.2M0.4%+10,050
Bank Of America Corp /de/148,165$11.3M0.0%−28,544

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Stock Yards Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARStock Yards Bancorp, Inc.1
  • CIK0000835324
  • Employer ID (EIN)61-11375295
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inKentucky5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address1040 E Main St, Louisville, KY 402061
  • Mailing address1040 East Main Street, Louisville, KY 402061
  • Phone50258225711
  • Shares outstanding31,066,643 as of Jul 31, 202611
  • Public float$2.2B as of Jun 30, 20255
  • AuditorBDO USA, P.C., Grand Rapids, Michigan PCAOB ID 243; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceFeb 13, 19961
  • Filings4,369 in all: 4 (3,715), 8-K (229), 10-Q (92), SC 13G/A (53), 144 (41), DEF 14A (31), 10-K (28), 3 (26)1
    All 46 form types

    4/A (25), 425 (14), UPLOAD (10), SC 13G (8), 5 (7), 8-K/A (7), CORRESP (7), SCHEDULE 13G/A (7), DEFA14A (6), PRE 14A (6), EFFECT (4), S-8 (4), SCHEDULE 13G (4), 10-K405 (3), 424B3 (3), 8-A12B (3), ARS (3), S-4 (3), S-4/A (3), 10-K/A (2), 25-NSE (2), 3/A (2), 424B4 (2), 8-A12G (2), DFAN14A (2), S-3 (2), S-3ASR (2), 144/A (1), 15-12G (1), 424B7 (1), 5/A (1), 8-A12G/A (1), CERTNAS (1), D (1), FWP (1), NT 10-K (1), SC 13D (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Aug 4, 2026
    Proxy statement (DEF 14A) Mar 12, 2026
    Latest 8-K (8-K) Aug 19, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, no par valueSYBTNasdaq

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Stock Yards Bancorp, Inc. names in Item 1A of its 10-K filed Feb 26, 2026: 34 risks under these headings, as written.5

  • Economic, Market and Credit Risks
  • Fluctuations in interest rates could reduce profitability.
  • Financial condition and profitability depend significantly on local and national economic conditions.
  • Our allowance for credit losses may not be adequate to cover actual losses, which could negatively impact earnings.
  • Our credit quality metrics are currently at solid levels and this trend could normalize over time.
  • Financial condition and profitability could be negatively impacted by collateral values.
  • Significant stock market volatility could negatively affect our financial results.
  • The value of our investment securities may be negatively affected by factors outside of our control and impairment of these securities could have an adverse impact on our financial condition and results of operations.
  • Impairment of goodwill, other intangible assets or deferred tax assets could have an adverse impact on our financial condition and results of operations.
  • The soundness of other financial institutions could adversely affect us.
  • Our mortgage banking line of business is highly dependent upon programs administered by the FNMA and FHLMC. Changes in existing U.S. government-sponsored mortgage programs or servicing eligibility standards could materially and adversely affect our business, financial position, results of operations and cash flows.
  • Derivatives associated with our mortgage banking line of business subject us to interest rate and counter-party risks, which could adversely affect our business, financial condition and results of operations.
The other 23 risks
  • Changing industry trends or regulations related to consumer deposit relationships could have an adverse impact on our financial condition and results of operations.
  • Strategic Risks
  • Acquisitions could adversely affect our business, financial condition and results of operations.
  • Organic expansion into new markets could adversely affect our business, financial condition and results of operations.
  • Competition with other financial institutions could adversely affect profitability.
  • We may not be able to attract and retain skilled people.
  • We are subject to liquidity risks.
  • Our ability to maintain and/or raise deposits is critical to our strategic goals. Any failure to successfully manage our deposit portfolio could have an adverse impact on our results of operations and financial condition.
  • Our investment in tax credit partnerships may not generate expected or anticipated returns, which could have an adverse impact on our results of operations and financial condition.
  • Operational Risks
  • Our risk management framework could prove ineffective, which could have an adverse effect on our business, results of operations and financial condition.
  • Our accounting policies and methods are critical to how we report our financial condition and results of operations. They require management to make estimates about matters that are uncertain.
  • An extended disruption of vital infrastructure could negatively impact our business, results of operations, and financial condition.
  • Security breaches could negatively impact our business, results of operations, and financial condition.
  • Incidences of fraud could negatively impact our business, results of operations, and financial condition.
  • We are dependent upon outside third parties for processing and handling of the Company’s records and data.
  • Our ability to stay current on technological changes in order to compete and meet customer demands is constantly being challenged.
  • The development and use of generative artificial intelligence (AI) technology presents risks and challenges that may adversely impact our business, financial condition and results of operations.
  • Changes in customer use of banks could adversely affect our financial condition and results of operations.
  • Regulatory and Legal Risks
  • We operate in a highly regulated environment and may be adversely affected by changes to or lack of compliance with federal, state and local laws and regulations.
  • We will be subject to increased regulation once our total consolidated assets exceed $10 billion as of any year-end.
  • Changes in tax laws and regulations may have an adverse impact on our financial condition and results of operations.
  • We are subject to litigation risk and reputational risk pertaining to fiduciary responsibility.
  • Increasing scrutiny and evolving expectations from regulators, investors and other stakeholders with respect to our ESG practices may impose additional costs on us or expose us to new or additional risks.
  • Risks Related to Owning Our Common Stock
  • Our common stock price may fluctuate significantly, which could make it difficult to resell our common stock at times and/or prices acceptable to an investor.

Legal proceedings

In the ordinary course of operations, Bancorp and the Bank are defendants in various legal proceedings. There is no proceeding pending or, to the knowledge of management, threatened in which an adverse decision could result in a material adverse change in the business or consolidated financial position of Bancorp or the Bank.

The opening of Item 3, Legal Proceedings.5

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
    SEC EDGAROther events
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
    SEC EDGAROther events
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73