LOUISVILLE, Ky — Stock Yards Bancorp, the parent company of Louisville-based Stock Yards Bank and Trust, has been ranked among the Top 20 best financial institutions for shareholders in a national study.
Bank Director’s 2021 Ranking Banking study, sponsored by Crowe LLP, identifies banks that have built enviable value for their shareholders to uncover the building blocks of long-term performance. Stock Yards Bancorp was among the high-performing banks selected based on total shareholder return generated over a 20-year period ending June 30, 2020.
Stock Yards Bancorp ranked 12th overall among banks in the study and ranked highly in several of the subcategories including:
- #2 for credit risk strategy
- #8 for technology strategy
- #8 for creating value
- #14 for best employer
The study relied on data from S&P Global Market Intelligence, Federal Deposit Insurance Corp. and other sources to examine multiple factors that impact performance, from profitability, revenue generation, and growth to efficiency and credit risk.
Bank Director is a leading information resource for the directors and officers of financial institutions. Crowe LLP is one of the largest public accounting, consulting, and technology firms with offices around the world.