Stock Yards Bancorp Posts Q3 Net Income of $43.5 Million, Tops Analyst Estimates

Stock Yards Bancorp Inc. (SYBT) on Wednesday reported third-quarter net income of $43.5 million, or $1.40 per share, beating the average estimate of $1.34 per share from four analysts surveyed by Zacks Investment Research. The Louisville, Kentucky-based bank holding company posted revenue of $162 million for the period. Revenue net of interest expense came in at $120.3 million, also exceeding the $118.8 million consensus forecast. Stock Yards Bancorp is the parent company of Stock Yards Bank & Trust Co.