Stock Yards: Fourth Quarter Earnings Overview

Stock Yards Bancorp Exceeds Q4 Earnings Expectations

Stock Yards Bancorp Inc., headquartered in Louisville, Kentucky, announced a net income of $36.6 million for the fourth quarter.

The bank reported earnings of $1.24 per share, outperforming the consensus estimate of $1.20 per share from analysts polled by Zacks Investment Research.

During the quarter, the parent company of Stock Yards Bank & Trust Co. generated $146.3 million in total revenue. After accounting for interest expenses, net revenue reached $104.5 million, surpassing the $102.3 million forecasted by analysts.

For the full year, Stock Yards Bancorp recorded a profit of $140.2 million, or $4.75 per share, with total revenue amounting to $397.6 million.

This article was produced by Automated Insights using financial data from Zacks Investment Research.