Stock Yards Bancorp Q1 Profit Up 13%, Beats View - Quick Facts

(RTTNews) - Stock Yards Bancorp Inc. (SYBT) Wednesday reported first-quarter net income of $9.26 million or $0.62 per share, up from $8.18 million or $0.56 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.56 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income increased 10 percent to $21.61 million from $20.23 million last year. Net-interest margin was 3.72 percent, compared to 3.67 percent last year. Non-interest income totaled $9.67 million, up from $9.48 million last year. Analysts had a consensus revenue estimate of $31.23 million for the quarter.