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Stock Yards Bancorp reported strong fourth-quarter earnings with a net income of $16.6 million, or $0.73 per diluted share, an increase from $14.7 million, or $0.64 per diluted share, in the fourth quarter of 2018. Total revenue increased by 11% to $45.9 million.
Net income for the fourth quarter of 2019 rose 14% to $16.6 million.
Total revenue increased 11% to $45.9 million for the fourth quarter of 2019.
Average loans increased $289 million year over year, contributing to the 9% increase in net interest income.
Non-interest income increased 14% for the fourth quarter of 2019.
Visualization of income flow from segment revenue to net income