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Stock Yards Bancorp SYBT soars 5.62% on record earnings
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 23, 2025 6:35 pm ET1min read
Stock Yards Bancorp (SYBT) shares surged 5.62% today, marking the seventh consecutive day of gains, with a total increase of 17.94% over the past week. The share price reached its highest level since February 2025, with an intraday gain of 6.11%.
Stock Yards Bancorp reported record first-quarter earnings for 2025, with a net income of $33.3 million, or $1.13 per share. This represents a significant increase compared to the previous year and exceeded estimates. Additionally, the company reported $93.63 million in revenue for the quarter, marking a year-over-year increase of 12.2%. These robust financial results are likely contributing factors to changes in SYBT's stock price.
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