Stock Yards Bancorp (SYBT) Tax Rate (2010 - 2026)
Stock Yards Bancorp (SYBT) recorded Tax Rate of 21.10% in Q2 2026, up 0.32 percentage points from 20.77% a year earlier and up 0.40 percentage points from the prior quarter.
Stock Yards Bancorp (SYBT) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Stock Yards Bancorp's Tax Rate came in at 21.54% as of Jun 30, 2026, up 1.40 percentage points year-over-year; for FY2025, it was 21.35%, up 0.69 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +8.25 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.66% in FY2024 (-1.22 pp), 21.88% in FY2023 (-0.69 pp), 22.57% in FY2022 (+0.81 pp) and 21.75% in FY2021 (+8.65 pp).
- Quarterly Tax Rate has ranged from 15.39% in Q1 2022 to 24.02% in Q3 2022 over the past five years.
- On a year-over-year basis, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of -0.03 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 13.09 percentage points in Q3 2021, against a drop of 3.99 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.70% (Q1 2026), 23.60% (Q4 2025) and 20.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Stock Yards Bancorp | 2.43 Bn | 2.43 Bn | - | 21.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.10% |
| Mar 31, 2026 | 20.70% |
| Dec 31, 2025 | 23.60% |
| Sep 30, 2025 | 20.71% |
| Jun 30, 2025 | 20.77% |
| Mar 31, 2025 | 20.06% |
| Dec 31, 2024 | 19.03% |
| Sep 30, 2024 | 20.65% |
| Jun 30, 2024 | 21.75% |
| Mar 31, 2024 | 21.45% |
| Dec 31, 2023 | 21.17% |
| Sep 30, 2023 | 22.00% |
| Jun 30, 2023 | 22.38% |
| Mar 31, 2023 | 21.87% |
| Dec 31, 2022 | 23.47% |
| Sep 30, 2022 | 24.02% |
| Jun 30, 2022 | 21.91% |
| Mar 31, 2022 | 15.39% |
| Dec 31, 2021 | 23.43% |
| Sep 30, 2021 | 22.96% |
Stock Yards Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SYBT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SYBT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SYBT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();