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Stock impact report

Stock Yards Bancorp Reports Strong Fourth Quarter Earnings of $16.6 Million or $0.73 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
Record Year-To-Date Results, Both Including and Excluding Non-recurring Items 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 both the fourth quarter and year ended December 31, 2019.Total revenue, comprised of net interest income and non-interest income, increased 11% to $45.9 million for the fourth quarter of 2019 from $41.5 million for the fourth quarter of 2018. Net income for the fourth quarter of 2019 rose 14% to $16.6 million or $0.73 per diluted share from $14.7 million or $0.64 per diluted share for the fourth quarter of 2018.Record year-to-date net income of $66.1 million, which increased $10.6 million or 19%, reflected record loan production, completion of a successful bank acquisition, record wealth management and trust (WM&T) income, continued strong credit metrics and solid organic Show less Read more
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