Financial Advisor
Stock Yards Bancorp, Inc.
M&A Advisory
Has Agreed To Acquire
Transaction Details
On January 27, 2026, Stock Yards Bancorp, Inc. (NASDAQ: SYBT) (“Stock Yards”), parent company of Stock Yards Bank & Trust Company, announced the signing of a definitive agreement to acquire Field & Main Bancorp, Inc. (“Field & Main”), the parent company of Field & Main Bank.
The all stock transaction is expected to close during the second quarter of 2026.
Under the terms of the merger agreement, Field & Main shareholders will have the right to receive 0.6550 shares of Stock Yards' common stock for each share of Field & Main common stock. Based upon the closing price of Stock Yards’ common stock of $68.01 on January 26, 2026, the implied per share purchase price is $44.55, with an aggregate transaction value of approximately $105.7 million.
This partnership represents a unique opportunity to accelerate Stock Yards’ strategic expansion across Western Kentucky – one of the most attractive and economically vibrant regions in the state.
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Sources: Stock Yards Press Release, Stock Yards Investor Presentation, and S&P Global Market Intelligence.
(1) Field & Main bank-level regulatory financial data as of December 31, 2025.
(2) Field & Main’s LTM earnings excludes sale of insurance business and loss on sale of loans.This material has been prepared solely for informational purposes as of its stated date. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this material. All information and data included in this material has been sourced from company announcements and other sources cited in this material, but Stephens has not independently verified such information and does not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of this material. Stephens does not undertake to advise you of any changes in any such information. Additional information is available upon request.
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