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Stock Yards Bancorp (FRA:S4Y) Credit Losses Provision : €11.6 Mil (As of Mar. 2024)


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What is Stock Yards Bancorp Credit Losses Provision?

Stock Yards Bancorp's credit losses provision for the three months ended in Mar. 2024 was €1.3 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €11.6 Mil.

Stock Yards Bancorp's quarterly credit losses provision increased from Sep. 2023 (€2.6 Mil) to Dec. 2023 (€5.5 Mil) but then declined from Dec. 2023 (€5.5 Mil) to Mar. 2024 (€1.3 Mil).

Stock Yards Bancorp's annual credit losses provision increased from Dec. 2021 (€-0.7 Mil) to Dec. 2022 (€9.7 Mil) and increased from Dec. 2022 (€9.7 Mil) to Dec. 2023 (€12.7 Mil).


Stock Yards Bancorp Credit Losses Provision Historical Data

The historical data trend for Stock Yards Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stock Yards Bancorp Credit Losses Provision Chart

Stock Yards Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 15.14 -0.67 9.68 12.65

Stock Yards Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 2.17 2.60 5.54 1.31

Stock Yards Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €11.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stock Yards Bancorp (FRA:S4Y) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.

Stock Yards Bancorp (FRA:S4Y) Headlines

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