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LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Stock Yards Bancorp Inc. (SYBT) on Wednesday reported first-quarter profit of $33.3 million.
The Louisville, Kentucky-based bank said it had earnings of $1.13 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The holding company for Stock Yards Bank & Trust Co. posted revenue of $134.2 million in the period. Its revenue net of interest expense was $93.6 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $93.3 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