Stock Yards Bancorp (SYBT) Tops Q1 EPS by 7c
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Stock Yards Bancorp Reports Solid First Quarter Earnings of $29.0 Million or $0.99 per Diluted Share
April 26, 2023 7:30 AM EDTLOUISVILLE, Ky., April 26, 2023 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings for the first quarter ended March 31, 2023, of $29.0 million, or $0.99 per diluted share. This compares to net income of $7.9 million, or $0.29 per diluted share, for the first quarter of 2022, which included $19.5 million in merger expenses and $4.4 million in merger related credit loss expense associated with the completed acquisition of... More
