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Stock Yards: Q4 Earnings Snapshot

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Stock Yards Bancorp Inc. (SYBT) on Tuesday reported fourth-quarter profit of $36.6 million.

The Louisville, Kentucky-based bank said it had earnings of $1.24 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The holding company for Stock Yards Bank & Trust Co. posted revenue of $146.3 million in the period. Its revenue net of interest expense was $104.5 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $102.3 million.

For the year, the company reported profit of $140.2 million, or $4.75 per share. Revenue was reported as $397.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYBT at https://www.zacks.com/ap/SYBT

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updated by pwenzel 3:13pm
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