SY Bancorp | 10-Q: FY2025 Q3 Revenue: USD 101.51 M

Revenue: As of FY2025 Q3, the actual value is USD 101.51 M.

EPS: As of FY2025 Q3, the actual value is USD 1.23, beating the estimate of USD 1.16.

EBIT: As of FY2025 Q3, the actual value is USD -31.33 M.

Commercial Banking Segment

Revenue

• Interest income from loans, including fees: $107,207 thousand for the three months ended September 30, 2025, compared to $95,689 thousand for the same period in 2024.
• Total interest income: $120,272 thousand for the three months ended September 30, 2025, compared to $105,722 thousand for the same period in 2024.

Operational Metrics

• Net interest income: $77,037 thousand for the three months ended September 30, 2025, compared to $64,979 thousand for the same period in 2024.
• Provision for credit losses: $1,975 thousand for the three months ended September 30, 2025, compared to $4,325 thousand for the same period in 2024.
• Net income: $36,241 thousand for the three months ended September 30, 2025, compared to $29,360 thousand for the same period in 2024.

Cash Flow

• Net cash provided by operating activities: $113,934 thousand for the nine months ended September 30, 2025, compared to $123,933 thousand for the same period in 2024.
• Net cash used in investing activities: -$6,824 thousand for the nine months ended September 30, 2025, compared to -$277,862 thousand for the same period in 2024.
• Net cash provided by financing activities: $358,159 thousand for the nine months ended September 30, 2025, compared to $141,036 thousand for the same period in 2024.

Wealth Management and Trust (WM&T) Segment

Revenue

• Wealth management and trust services income: $10,704 thousand for the three months ended September 30, 2025, compared to $10,931 thousand for the same period in 2024.

Operational Metrics

• Total non-interest income: $24,476 thousand for the three months ended September 30, 2025, compared to $24,797 thousand for the same period in 2024.

Future Outlook and Strategy

• The company plans to continue focusing on its core banking operations, aiming to enhance its net interest margin and improve operational efficiency.
• Strategic initiatives include expanding the wealth management and trust services to capture more market share and increase fee-based income.