<p>Stock Yards Bancorp (SYBT) 发布了其第三季度和年初至今的财报，显示出比去年更高的净利息收入和净收入。这些结果突显了这家地区银行的持续增长。</p>
<p>查看我们对 Stock Yards Bancorp 的最新分析。</p>
<p>Stock Yards Bancorp 的强劲财报更新正值其股价有所下滑之际，30 天的股价回报为 -7.17%，使年初至今的变动达到 -7.05%。尽管过去五年的总股东回报仍高达 72.87%，但随着市场消化这一变化的增长和风险前景，近期的动能有所减缓。</p>
<p>如果您有兴趣拓宽搜索范围，超越最新的财务头条，现在是发现高内部持股的快速增长股票的好时机。</p>
<p>在财务增长稳健但股价仍滞后的情况下，问题变成了 Stock Yards Bancorp 是否以折扣价交易，或者市场是否已经预期到进一步的改善。现在是买入的时机，还是一切都已反映在价格中？</p>
<h2>14.2 倍的市盈率：是否合理？</h2>
<p>Stock Yards Bancorp 的股票目前以 14.2 倍的市盈率（P/E）交易，这明显低于其同行的平均水平，但高于行业基准。这一水平表明市场可能没有充分认识到公司的盈利增长潜力，或者它可能在与更广泛行业相比时定价了不同的预期。</p>
<p>市盈率衡量投资者愿意为每一美元的收益支付多少。在银行业，这一倍数反映了预期的盈利增长、风险前景和利润流的稳定性。对于 Stock Yards Bancorp，其市盈率相对于类似银行显示出比较价值，即使该行业面临增长前景的变化。</p>
<p>与同行相比，Stock Yards Bancorp 的估值显得颇具吸引力，因为其 14.2 倍的市盈率低于同行组的平均水平 19.5 倍。这表明市场可能对其短期增长或风险前景更加谨慎。然而，与整体美国银行业相比，其股票的交易价格高于行业平均倍数 11 倍，甚至高于估计的公允市盈率 10.3 倍。这一溢价表明投资者的预期可能超出基本面，或者对公司特定因素的信心使其与更广泛的行业区分开来。</p>
<p>探索 Stock Yards Bancorp 的 SWS 公允比率</p>
<p><strong>结果：14.2 倍的市盈率（大致合理）</strong></p>
<p>然而，收入和净收入增长放缓或持续的股价下跌可能会影响投资者情绪。这可能会对当前的估值故事构成挑战。</p>
<p>了解 Stock Yards Bancorp 叙述的主要风险。</p>
<h2>另一种观点：折现现金流模型描绘了不同的图景</h2>
<p>通过我们的折现现金流（DCF）模型来看 Stock Yards Bancorp，结果与市盈率的故事有所不同。SWS DCF 模型估计每股公允价值为 105.13 美元，远高于当前价格。这表明该股票在现金流基础上可能被显著低估。</p>
<p>了解 SWS DCF 模型如何得出其公允价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fc994f3a-3f52-45cf-9ac4-09f84fe93c11/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fc994f3a-3f52-45cf-9ac4-09f84fe93c11/chart/dcf"/></p>
<p>截至 2025 年 11 月的 SYBT 折现现金流</p>
<p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看 Stock Yards Bancorp）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 842 只基于现金流的被低估股票。如果您保存筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
<h2>构建您自己的 Stock Yards Bancorp 叙述</h2>
<p>如果您有不同的见解或想根据自己的条件探索数字，只需几分钟即可轻松塑造自己的观点，尽在 Do it your way。</p>
<p>您对 Stock Yards Bancorp 研究的一个很好的起点是我们的分析，强调了 4 个关键收益和 1 个可能影响您投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>通过立即采取行动，扩展您的投资组合，选择高信念的股票，可能会改变您的回报。不要让机会溜走。</p>
<ul>
<li>通过查看这 26 只推动自动化、神经网络和数据分析进展的 AI 便士股票，获取新的突破。</li>
<li>通过获取这些 20 只收益率超过 3% 的高股息股票，提升您的收入流，这些股票的收益率高于市场平均水平。</li>
<li>通过审查这些 82 只专注于区块链解决方案和数字资产的加密货币和区块链股票，抓住明天去中心化技术的领导者。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也不考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

SYBT

<p>Stock Yards Bancorp (SYBT) 公布了强劲的第三季度财报，净利息收入和净收入同比均有所增长。尽管最近股价在 30 天内下跌了 7.17%，但该公司五年的总股东回报率为 72.87%。当前的市盈率为 14.2 倍，低于同行但高于行业平均水平，显示出潜在的低估。折现现金流模型显示每股公允价值为 105.13 美元，表明该股票可能基于现金流被低估。投资者被鼓励考虑公司的增长前景和风险</p>

<p>Stock Yards Bancorp (SYBT) released its third quarter and year-to-date earnings, showing higher net interest income and net income compared to last year. The results highlight continued growth for the regional bank.</p>
<div class="lb-trans"><p>Stock Yards Bancorp (SYBT) 发布了其第三季度和年初至今的财报，显示出比去年更高的净利息收入和净收入。这些结果突显了这家地区银行的持续增长。</p>
</div><p>See our latest analysis for Stock Yards Bancorp.</p>
<div class="lb-trans"><p>查看我们对 Stock Yards Bancorp 的最新分析。</p>
</div><p>Stock Yards Bancorp’s strong earnings update arrived at a time when its share price has lost some ground, with a 30-day share price return of -7.17% pushing the year-to-date move to -7.05%. While total shareholder return over the past five years still sits at an impressive 72.87%, recent momentum has slowed as the market digests this shifting growth and risk outlook.</p>
<div class="lb-trans"><p>Stock Yards Bancorp 的强劲财报更新正值其股价有所下滑之际，30 天的股价回报为 -7.17%，使年初至今的变动达到 -7.05%。尽管过去五年的总股东回报仍高达 72.87%，但随着市场消化这一变化的增长和风险前景，近期的动能有所减缓。</p>
</div><p>If you’re interested in broadening your search beyond the latest financial headlines, now’s a great time to discover fast growing stocks with high insider ownership.</p>
<div class="lb-trans"><p>如果您有兴趣拓宽搜索范围，超越最新的财务头条，现在是发现高内部持股的快速增长股票的好时机。</p>
</div><p>With solid financial growth but a share price still lagging, the question becomes whether Stock Yards Bancorp is trading at a discount or if the market already anticipates further improvements. Is now the moment to buy, or is everything priced in?</p>
<div class="lb-trans"><p>在财务增长稳健但股价仍滞后的情况下，问题变成了 Stock Yards Bancorp 是否以折扣价交易，或者市场是否已经预期到进一步的改善。现在是买入的时机，还是一切都已反映在价格中？</p>
</div><h2>Price-to-Earnings of 14.2x: Is it justified?</h2>
<div class="lb-trans"><h2>14.2 倍的市盈率：是否合理？</h2>
</div><p>Stock Yards Bancorp’s shares currently trade at a price-to-earnings (P/E) ratio of 14.2x, which is noticeably lower than the average of its peers but above the industry benchmark. This level suggests the market may not be fully recognizing the company’s earnings growth profile, or it could be pricing in different expectations compared to the broader sector.</p>
<div class="lb-trans"><p>Stock Yards Bancorp 的股票目前以 14.2 倍的市盈率（P/E）交易，这明显低于其同行的平均水平，但高于行业基准。这一水平表明市场可能没有充分认识到公司的盈利增长潜力，或者它可能在与更广泛行业相比时定价了不同的预期。</p>
</div><p>The P/E ratio gauges what investors are willing to pay for each dollar of earnings. In the banking sector, this multiple reflects anticipated earnings growth, risk outlook, and the stability of profit streams. For Stock Yards Bancorp, its P/E signals comparative value relative to similar banks, even as the sector faces shifting growth prospects.</p>
<div class="lb-trans"><p>市盈率衡量投资者愿意为每一美元的收益支付多少。在银行业，这一倍数反映了预期的盈利增长、风险前景和利润流的稳定性。对于 Stock Yards Bancorp，其市盈率相对于类似银行显示出比较价值，即使该行业面临增长前景的变化。</p>
</div><p>Against its peers, Stock Yards Bancorp appears attractively valued, as its 14.2x P/E falls below the peer group average of 19.5x. This suggests that the market may be more cautious about its near-term growth or risk profile. Compared to the overall US Banks industry, however, its shares trade at a premium to the industry average multiple of 11x and sit even higher than the estimated Fair Price-to-Earnings Ratio of 10.3x. This premium points to investor expectations that may exceed underlying fundamentals, or perhaps confidence in company-specific factors that set it apart from the wider sector.</p>
<div class="lb-trans"><p>与同行相比，Stock Yards Bancorp 的估值显得颇具吸引力，因为其 14.2 倍的市盈率低于同行组的平均水平 19.5 倍。这表明市场可能对其短期增长或风险前景更加谨慎。然而，与整体美国银行业相比，其股票的交易价格高于行业平均倍数 11 倍，甚至高于估计的公允市盈率 10.3 倍。这一溢价表明投资者的预期可能超出基本面，或者对公司特定因素的信心使其与更广泛的行业区分开来。</p>
</div><p>Explore the SWS fair ratio for Stock Yards Bancorp</p>
<div class="lb-trans"><p>探索 Stock Yards Bancorp 的 SWS 公允比率</p>
</div><p><strong>Result: Price-to-Earnings of 14.2x (ABOUT RIGHT)</strong></p>
<div class="lb-trans"><p><strong>结果：14.2 倍的市盈率（大致合理）</strong></p>
</div><p>However, slower revenue and net income growth or continued share price declines could weigh on investor sentiment. This could potentially challenge the current valuation story.</p>
<div class="lb-trans"><p>然而，收入和净收入增长放缓或持续的股价下跌可能会影响投资者情绪。这可能会对当前的估值故事构成挑战。</p>
</div><p>Find out about the key risks to this Stock Yards Bancorp narrative.</p>
<div class="lb-trans"><p>了解 Stock Yards Bancorp 叙述的主要风险。</p>
</div><h2>Another View: Discounted Cash Flow Model Paints a Different Picture</h2>
<div class="lb-trans"><h2>另一种观点：折现现金流模型描绘了不同的图景</h2>
</div><p>Looking at Stock Yards Bancorp through the lens of our DCF model, the results diverge from the P/E story. The SWS DCF model estimates a fair value of $105.13 per share, which is well above the current price. This suggests the stock may be meaningfully undervalued on a cash flow basis.</p>
<div class="lb-trans"><p>通过我们的折现现金流（DCF）模型来看 Stock Yards Bancorp，结果与市盈率的故事有所不同。SWS DCF 模型估计每股公允价值为 105.13 美元，远高于当前价格。这表明该股票在现金流基础上可能被显著低估。</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>了解 SWS DCF 模型如何得出其公允价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fc994f3a-3f52-45cf-9ac4-09f84fe93c11/chart/dcf" alt="" original-src="https://images.simplywall.st/company/fc994f3a-3f52-45cf-9ac4-09f84fe93c11/chart/dcf"/></p>
<p>SYBT Discounted Cash Flow as at Nov 2025</p>
<div class="lb-trans"><p>截至 2025 年 11 月的 SYBT 折现现金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Stock Yards Bancorp for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 842 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看 Stock Yards Bancorp）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 842 只基于现金流的被低估股票。如果您保存筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
</div><h2>Build Your Own Stock Yards Bancorp Narrative</h2>
<div class="lb-trans"><h2>构建您自己的 Stock Yards Bancorp 叙述</h2>
</div><p>If you have different insights or want to explore the numbers on your terms, it's easy to shape your own perspective in just a few minutes with Do it your way.</p>
<div class="lb-trans"><p>如果您有不同的见解或想根据自己的条件探索数字，只需几分钟即可轻松塑造自己的观点，尽在 Do it your way。</p>
</div><p>A great starting point for your Stock Yards Bancorp research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>您对 Stock Yards Bancorp 研究的一个很好的起点是我们的分析，强调了 4 个关键收益和 1 个可能影响您投资决策的重要警示信号。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Expand your portfolio by acting now on high-conviction stock picks that could transform your returns. Don’t let opportunity pass you by.</p>
<div class="lb-trans"><p>通过立即采取行动，扩展您的投资组合，选择高信念的股票，可能会改变您的回报。不要让机会溜走。</p>
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</ul>
<div class="lb-trans"><ul>
<li>通过查看这 26 只推动自动化、神经网络和数据分析进展的 AI 便士股票，获取新的突破。</li>
<li>通过获取这些 20 只收益率超过 3% 的高股息股票，提升您的收入流，这些股票的收益率高于市场平均水平。</li>
<li>通过审查这些 82 只专注于区块链解决方案和数字资产的加密货币和区块链股票，抓住明天去中心化技术的领导者。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也不考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

SY Bancorp (SYBT)：在第三季度强劲的收益增长后评估其估值