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Stock Yards Bancorp Inc. Reports Advance In Q1 Profit

Stock Yards Bancorp Inc. (SYBT) revealed a profit for its first quarter that rose from the same period last year.

The company's bottom line came in at $13.40 million, or $0.58 per share. This compares with $10.79 million, or $0.47 per share, in last year's first quarter.

Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Stock Yards Bancorp Inc. earnings at a glance:

-Earnings (Q1): $13.40 Mln. vs. $10.79 Mln. last year.
-EPS (Q1): $0.58 vs. $0.47 last year.
-Analysts Estimate: $0.54

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