SYBT (Stock Yards Bancorp) Goodwill: $194.1 Mil (As of Mar. 2026)


SYBT Stock Yards Bancorp Inc SYBT
69 GF Score
Price $76.27
GF Value $73.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Stock Yards Bancorp Goodwill?

Stock Yards Bancorp SYBT +0.54% 69 Goodwill is $194.1 Mil as of Mar. 2026. GuruFocus rates SYBT with a GF Score™ of 69/100 and a GF Value™ of $73.06 (Fairly Valued). The stock has 4 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Stock Yards Bancorp's goodwill for the quarter that ended in Mar. 2026 was $194.1 Mil.


Stock Yards Bancorp  (NAS:SYBT) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Stock Yards Bancorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=194.074/9536.124
=0.02

Stock Yards Bancorp's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=194.074/9466.856
=0.02

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Stock Yards Bancorp Goodwill Related Terms


Stock Yards Bancorp Goodwill Historical Data

* Premium members only.

The historical data trend for Stock Yards Bancorp's Goodwill 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.

Stock Yards Bancorp Goodwill Chart

Stock Yards Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.83 194.07 194.07 194.07 194.07

Stock Yards Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 194.07 194.07 194.07 194.07 194.07
SYBT
69GF Score
Stock Yards Bancorp Inc SYBT
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Stock Yards Bancorp Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $194.1 Mil mean?
Stock Yards Bancorp (SYBT) has a Goodwill of $194.1 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Stock Yards Bancorp and its competitors.
Is Stock Yards Bancorp's Goodwill too high?
Stock Yards Bancorp's current Goodwill is $194.1 Mil. Overall, Stock Yards Bancorp has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stock Yards Bancorp's Goodwill compare to CLBK and BLX?
Stock Yards Bancorp's Goodwill of $194.1 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Banks company?
A good Goodwill depends on the Banks industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Stock Yards Bancorp and its competitors. Stock Yards Bancorp's current Goodwill is $194.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stock Yards Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Stock Yards Bancorp (SYBT) is currently considered Fairly Valued. The stock's GF Value™ is $73.06, compared to a current price of $76.27 — trading 4.4% above its estimated fair value. The current Goodwill is $194.1 Mil. Stock Yards Bancorp's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Stock Yards Bancorp (SYBT), the current Goodwill is $194.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Stock Yards Bancorp (SYBT) Overvalued in 2026?

Based on GuruFocus' analysis, Stock Yards Bancorp stock appears to be overvalued. The current stock price of $76.27 is trading 4.4% above its estimated GF Value™ of $73.06. GuruFocus considers Stock Yards Bancorp to be Fairly Valued.

Key valuation signals for SYBT:

  • Goodwill: $194.1 Mil
  • GF Value™: $73.06 vs. price of $76.27 (4.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the SYBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stock Yards Bancorp Business Description

Other Exchanges S4Y:Germany
Address 1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank holding company providing commercial banking and wealth management services. Its Commercial Banking segment offers loan and deposit products to consumers and businesses, including retail and mortgage lending, deposit services, online and mobile banking, private banking, commercial and real estate lending, treasury and merchant services, international and correspondent banking, credit cards, and brokerage services through a third-party broker-dealer. Its Wealth Management and Trust (WM&T) segment provides investment management, financial and retirement planning, trust and estate services, and retirement plan management, with WM&T revenue distinguishing the company from similarly sized community banks.
69GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.27
Price
$73.06
GF Value