Stock Yards Bancorp Reports First Quarter Earnings of $25.9 Million or $0.88 Per Diluted Share

April 24, 2024

https://www.globenewswire.com/news-release/2024/04/24/2868497/0/en/Stock-Yards-Bancorp-Reports-First-Quarter-Earnings-of-25-9-Million-or-0-88-Per-Diluted-Share.html

LOUISVILLE, Ky., April 24, 2024 (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 of $25.9 million, or $0.88 per diluted share, for the first quarter ended March 31, 2024. This compares to net income of $29.0 million, or $0.99 per diluted share, for the first quarter of 2023. Steady loan growth, strong asset quality and robust non-interest income generation contributed to first quarter operating results.

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