Stock Yards Bank reports Q1 revenue of $102.6 million, in line with estimates

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Stock Yards Bank reported first-quarter revenues of $102.6 million, up 9.6% year on year and in line with analysts' expectations, in what was described as a mixed quarter. Among the 91 regional banks tracked, UMB Financial posted the strongest results with revenues of $744.8 million, beating estimates by 5.4%, while BankUnited was the weakest, missing revenue expectations by 5.1% with $273.8 million. East West Bank reported $773.7 million in revenue, exceeding estimates by 2.8%, and First Commonwealth Financial posted $133.7 million, slightly below expectations. Overall, the group's revenues were in line with consensus, and share prices have risen an average of 6.2% since the latest earnings results.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited missed revenue expectations by 5.1%, the weakest among tracked banks.

First Commonwealth Financial
FCF
± MixedCapitalrelevance

First Commonwealth Financial posted revenue slightly below expectations, but no specific magnitude given.

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