Stock Yards Bancorp, Inc., with $3.3 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904 in Louisville, Kentucky, and now has offices in the Louisville, Indianapolis and Cincinnati metropolitan markets.
In addition to its banking operations, Stock Yards Bank & Trust Company offers a broad array of other financial services, including those of its Wealth Management Group, which provides investment management and trust services. With assets under management approaching $3 billion and continued strong growth in account openings, the Wealth Management Group ranks among the country's top 150 trust companies in terms of revenue. The Bank also offers private banking, treasury management and brokerage services. In addition, its mortgage company offers conventional, VA and FHA financing, as well as a program for low-income first-time homebuyers. The Bank generally sells these residential mortgage loans, originated for both the purchase and refinancing of homes, into the secondary market.
Stock Yards Bancorp consistently ranks among the strongest, fastest-growing community banks in the country, as measured by earnings growth and its high returns on equity and assets. The Company's exceptional performance has been frequently cited by industry analysts at Keefe, Bruyette & Woods (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, as well as Raymond James Financial, a diversified financial services firm offering investment and financial planning, investment banking, and asset management. Stock Yards Bancorp also has been recognized by U.S. Banker and S&P Global Market Intelligence as one of the top-performing community banks in the nation.
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