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                 March 23, 2021

       James A. Hillebrand
       Chief Executive Officer
       Stock Yards Bancorp, Inc.
       1040 East Main Street
       Louisville, KY 40206

                                                        Re: Stock Yards
Bancorp, Inc.
                                                            Registration
Statement on Form S-4
                                                            Filed March 19,
2021
                                                            File No. 333-254494

       Dear Mr. Hillebrand:

              This is to advise you that we have not reviewed and will not
review your registration
       statement.

               Please refer to Rules 460 and 461 regarding requests for
acceleration. We remind you
       that the company and its management are responsible for the accuracy and
adequacy of their
       disclosures, notwithstanding any review, comments, action or absence of
action by the staff.

               Please contact Sonia Bednarowski at 202-551-3666 or Justin
Dobbie, Legal Branch
       Chief, at 202-551-3469 with any questions.




                 Sincerely,


                 Division of Corporation Finance

                 Office of Finance