Stock Tax Provision from 2010 to 2024

SYBT Stock  USD 77.93  0.62  0.80%   
Stock Yards Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 19.3 M in 2024. Tax Provision is the amount set aside by Stock Yards Bancorp to cover any estimated taxes for the current period. It reflects Stock Yards' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
7.7 M
Current Value
7.6 M
Quarterly Volatility
2.9 M
 
Covid
Check Stock Yards financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stock Yards' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 M, Interest Expense of 104.3 M or Selling General Administrative of 96.5 M, as well as many indicators such as Price To Sales Ratio of 3.41, Dividend Yield of 0.0166 or PTB Ratio of 2.85. Stock financial statements analysis is a perfect complement when working with Stock Yards Valuation or Volatility modules.
  
Check out the analysis of Stock Yards Correlation against competitors.

Latest Stock Yards' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Stock Yards Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Stock Yards' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stock Yards' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Stock Tax Provision Regression Statistics

Arithmetic Mean17,460,211
Geometric Mean16,638,381
Coefficient Of Variation32.20
Mean Deviation3,677,776
Median16,933,000
Standard Deviation5,621,665
Sample Variance31.6T
Range21.3M
R-Value0.34
Mean Square Error30T
R-Squared0.12
Significance0.21
Slope430,565
Total Sum of Squares442.4T

Stock Tax Provision History

202419.3 M
202330.2 M
202227.2 M
202120.8 M
20208.9 M
20199.6 M
201812 M

About Stock Yards Financial Statements

Stock Yards shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Stock Yards investors may analyze each financial statement separately, they are all interrelated. The changes in Stock Yards' assets and liabilities, for example, are also reflected in the revenues and expenses on on Stock Yards' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision30.2 M19.3 M

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Additional Tools for Stock Stock Analysis

When running Stock Yards' price analysis, check to measure Stock Yards' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.