Stock Yards Reports $29.50 Tangible Common Equity per Share for 2025
Reports Tangible common equity per share $29.50 on December 31, 2025, compared to $28.30 on September 30, 2025, and $24.82 on December 31, 2024. "2025 was a banner year for Stock Yards, reflecting exceptional performance with record earnings for the fourth quarter and the full year," commented James A. Hillebrand, Chairman and CEO. "We delivered solid loan growth during this quarter, our seventh consecutive quarter of growth across all markets, which demonstrates the strength of our franchise. Loan production exceeded 2024 levels, reflecting that our origination engine is performing exceptionally well and our customer relationships remain strong. While year over year loan growth came in at 8%, marking the first time in 4 years below double digits, this remains well above peer averages and reflects healthy portfolio dynamics as we navigate a normalizing credit environment. The elevated payoff activity we experienced in the second half of the year was driven by a back-log of stabilized construction projects that refinanced with permanent lenders, reflecting expected payoffs from successful projects as opposed to customer attrition. Credit quality remains strong and stable, underpinned by our disciplined underwriting approach and proactive portfolio management. These results reflect our consistent execution and commitment to sustainable growth as we enter 2026."
