Stock Yards Bancorp Reports Solid Third Quarter Earnings of $14.5 Million or $0.64 Per Diluted Share
Stock Yards Bancorp, Inc. (SYBT)
Last stock yards bancorp, inc. earnings: 4/22 07:00 am
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/100548
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Source: GlobeNewswire
LOUISVILLE, Ky., Oct. 28, 2020 (GLOBE NEWSWIRE) -- 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 stable results for the third quarter ended September 30, 2020. Net income for the third quarter was $14.5 million, or $0.64 per diluted share, compared with net income of $17.2 million, or $0.76 per diluted share for the third quarter of 2019. Operating results were lower compared to the record results posted in the third quarter of 2019, primarily due to increased loan loss provisioning and reserves for off-balance sheet credit exposures. (dollar amounts in thousands, except per share data)3Q20 2Q20 3Q19Net interest income$33,695 $33,528 $32,106 Provision for credit losses 4,418 5,550
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News
- Institutional investors may adopt severe steps after Stock Yards Bancorp, Inc.'s (NASDAQ:SYBT) latest 5.2% drop adds to a year losses [Yahoo! Finance]Yahoo! Finance
- Stock Yards Bancorp, Inc. (NASDAQ: SYBT) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $52.00 price target on the stock.MarketBeat
- Stock Yards Bancorp, Inc. (NASDAQ: SYBT) is now covered by analysts at Hovde Group. They set an "outperform" rating on the stock.MarketBeat
- Polly Announces API Integration with Byte LOS [Yahoo! Finance]Yahoo! Finance
- Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.30 Per Common ShareGlobeNewswire
SYBT
Earnings
- 1/24/24 - Miss
SYBT
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- SYBT's page on the SEC website