Stock Yards Bancorp (SYBT) Research & Development (2010 - 2026)
Stock Yards Bancorp (SYBT) reported Research & Development of $5.3 million for Q1 2026, up 10.5% year-over-year from $4.8 million in Q1 2025, and up 9.84% quarter-over-quarter from $4.9 million in Q4 2025.
Stock Yards Bancorp (SYBT) Research & Development (2010 - 2026) Analysis & Trends
Stock Yards Bancorp (SYBT) has 17 years of Research & Development data on file, last reported at $5.3 million in Q1 2026.
- Research & Development for Q1 2026 came in at $5.3 million, up 10.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.8 million (up 4.41% YoY), and the FY2025 annual result was $19.3 million, changed 0.46% from the prior year.
- Research & Development grew to $5.3 million in Q1 2026 per SYBT's latest filing, from $4.9 million in the prior quarter.
- Over five years, Research & Development peaked at $5.3 million in Q1 2026 and troughed at $3.4 million in Q1 2022.
- A 5-year average of $4.5 million and a median of $4.6 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development surged 49.21% in 2022, then slipped 4.75% in 2025.
- A 5-year view of Research & Development shows it stood at $3.7 million in 2022, then grew by 23.09% to $4.6 million in 2023, then gained by 2.86% to $4.7 million in 2024, then increased by 2.38% to $4.9 million in 2025, then grew by 9.84% to $5.3 million in 2026.
- Business Quant data shows SYBT's Research & Development at $5.3 million in Q1 2026, $4.9 million in Q4 2025, and $4.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Stock Yards Bancorp | 2.22 Bn | 1.55 Bn | - | 5.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.34 Mn |
| Dec 31, 2025 | 4.86 Mn |
| Sep 30, 2025 | 4.84 Mn |
| Jun 30, 2025 | 4.77 Mn |
| Mar 31, 2025 | 4.83 Mn |
| Dec 31, 2024 | 4.74 Mn |
| Sep 30, 2024 | 4.50 Mn |
| Jun 30, 2024 | 4.89 Mn |
| Mar 31, 2024 | 5.07 Mn |
| Dec 31, 2023 | 4.61 Mn |
| Sep 30, 2023 | 4.24 Mn |
| Jun 30, 2023 | 4.22 Mn |
| Mar 31, 2023 | 4.25 Mn |
| Dec 31, 2022 | 3.75 Mn |
| Sep 30, 2022 | 3.75 Mn |
| Jun 30, 2022 | 3.98 Mn |
| Mar 31, 2022 | 3.42 Mn |
| Dec 31, 2021 | 2.96 Mn |
| Sep 30, 2021 | 3.17 Mn |
| Jun 30, 2021 | 2.67 Mn |