Stock Yards Bancorp (SYBT) Tops Q3 EPS by 1c

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Stock Yards Bancorp Again Posts Record Net Income as Third Quarter 2016 Earnings Increase 13% to $10.5 Million

October 26, 2016 7:30 AM EDT

Diluted Earnings Per Share Increase 12% to a Record $0.46 for the Quarter

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 third quarter and nine months ended September 30, 2016. Net income for the third quarter of 2016 increased 13% to $10.5 million or $0.46 per diluted share from $9.3 million or $0.41 per diluted share for the third quarter of 2015. Net income for the nine months ended September 30, 2016, increased 10% to $30.4 million or $1.34 per... More