SYBTMEDIUM SIGNALFINANCIAL10-K

SYBT experienced a massive 444% surge in interest expense alongside strong 22% net income growth, indicating significant balance sheet expansion likely from acquisitions or aggressive growth strategy.

The dramatic interest expense increase suggests major debt financing or deposit growth to fund expansion, yet the company maintained strong profitability growth, indicating effective spread management. The reduced provision for credit losses despite growth suggests improving asset quality or conservative prior provisioning.

Comparing 2026-02-26 vs 2025-02-27View on EDGAR →
FINANCIAL ANALYSIS

SYBT demonstrated robust financial performance with net income growing 22% to $140.2M and net interest income expanding 13% to $467.6M, while interest expenses surged 444% to $99.4M indicating significant balance sheet growth. The company strengthened its balance sheet with cash increasing 25% to $249.7M and stockholders equity growing 14% to $1.1B, while operating cash flow improved 16% to $166.0M. The overall picture signals aggressive but profitable expansion, with management successfully managing net interest margins despite higher funding costs.

FINANCIAL STATEMENT CHANGES
Interest Expense
P&L
+443.9%
$18.3M→$99.4M

Interest expense surged 443.9% — significant debt increase or rising rates materially impacting earnings.

Share Buybacks
Cash Flow
-50.4%
$4.2M→$2.1M

Buyback activity reduced 50.4% — capital being redeployed elsewhere or cash conservation underway.

Provision for Credit Losses
P&L
-29.7%
$4.8M→$3.4M

Provisions reduced 29.7% — improving credit quality or reserve release boosting reported earnings.

Cash & Equivalents
Balance Sheet
+25.5%
$198.9M→$249.7M

Cash grew 25.5% — improving liquidity position supports investment and shareholder returns.

Net Income
P&L
+22.4%
$114.5M→$140.2M

Net income grew 22.4% — bottom-line growth signals improving overall business health.

Capital Expenditure
Cash Flow
+22.3%
$9.8M→$12.0M

Capex increased 22.3% — ongoing investment in capacity or infrastructure for future growth.

Operating Cash Flow
Cash Flow
+16.2%
$142.9M→$166.0M

Operating cash flow grew 16.2% — strong conversion of earnings to cash, healthy business fundamentals.

Stockholders Equity
Balance Sheet
+14.4%
$940.5M→$1.1B

Equity base grew 14.4% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Net Interest Income
P&L
+13.3%
$412.9M→$467.6M

Net interest income grew 13.3% — benefiting from rate environment or loan book expansion.

LANGUAGE CHANGES
NEW — 2026-02-26
PRIOR — 2025-02-27
ADDED
FRB Federal Reserve Bank ROE Return on Average Equity C I Commercial and Industrial FTE Fully Tax Equivalent RSA Restricted Stock Award CB Commonwealth Bancshares, Inc.
and Kentucky Bank TBA To Be Annouced CRA Community Reinvestment Act KSB King Bancorp, Inc.
and King Southern Bank TBOC The Bank Oldham County CRE Commercial Real Estate LGD Loss Given Default TCE Tangible Common Equity DCF Discounted Cash Flow Loans Loans and Leases TPS Trust Preferred Securities DTA Deferred Tax Asset MBS Mortgage Backed Securities VA U.S.
Department of Veterans Affairs DTL Deferred Tax Liability MSA Metropolitan Statistical Area WM T Wealth Management and Trust Dodd-Frank Act The Dodd-Frank Wall Street Reform and Consumer Protection Act MSRs Mortgage Servicing Rights VA U.S.
The regulation was finalized on January 10, 2025, clarifying what is considered a listed transaction or a transaction of interest.
+7 more — sign up free →
REMOVED
FRB Federal Reserve Bank ROA Return on Average Assets C I Commercial and Industrial FTE Fully Tax Equivalent ROE Return on Average Equity CB Commonwealth Bancshares, Inc.
and Kentucky Bank SSUAR Securities Sold Under Agreements to Repurchase CLI Customer List Intangible KSB King Bancorp, Inc.
and King Southern Bank SVP Senior Vice President CRA Community Reinvestment Act LGD Loss Given Default TBA To Be Annouced CRE Commercial Real Estate LFA Landmark Financial Advisors, LLC TBOC The Bank Oldham County DCF Discounted Cash Flow Loans Loans and Leases TCE Tangible Common Equity DTA Deferred Tax Asset MBS Mortgage Backed Securities TPS Trust Preferred Securities DTL Deferred Tax Liability MSA Metropolitan Statistical Area VA U.S.
Department of Veterans Affairs Dodd-Frank Act The Dodd-Frank Wall Street Reform and Consumer Protection Act MSRs Mortgage Servicing Rights WM T Wealth Management and Trust EPS Earnings Per Share Nasdaq The Nasdaq Stock Market, LLC VA U.S.
The regulation was finalized in January 2025 and its impact is being evaluated by management.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →