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Stock impact report

Stock Yards Bancorp Reports First Quarter Earnings of $13.2 Million or $0.59 Per Diluted Share

Stock Yards Bancorp, Inc. (SYBT) 
Last stock yards bancorp, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100548
Company Research Source: Business Wire
SYBT Reports Record First Quarter Loan Production, Deposit Growth in a Difficult Operating Environment LOUISVILLE, Ky.--(BUSINESS WIRE)--Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today reported results for the first quarter ended March 31, 2020. Net income for the first quarter was $13.2 million or $0.59 per diluted share compared with net income of $15.6 million or $0.68 per diluted share for the first quarter of 2019. As previously disclosed, the first quarter 2019 results included a favorable $1.3 million or $0.06 per diluted share non-recurring state tax adjustment related to a tax law change.       (dollar amounts in thousands, except per share data) 1Q20 4Q19 1Q19Net interest income $32,446  $32,756  $29,684 Provision for credit losses  5,550   -   Show less Read more
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