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Three months ended June 30, 2021 compared to June 30, 2020
Net interest spread and NIM were 3.29% and 3.36%, for the three months ended June 30, 2021 compared to 3.10% and 3.27% for the same. | August 7, 2021 ....
Both financial institutions are based in Louisville with locations in Northern Kentucky. “As community bankers, we need to take the initiative to build relationships and earn the trust of the people we serve,” said Stock Yards Bank Chairman and CEO James A. (Ja) Hillebrand. “This acquisition is further proof that Stock Yards Bank is dedicated to growing with the evolving needs of our customers, adding scale, security and strength while staying in line with our existing values.” The combined stock and cash transaction with Commonwealth Bancshares, Inc., representing a total consideration of approximately $153 million, is expected to close during the fourth quarter of 2021, subject to completion of customary regulatory approval and closing conditions. ....
Louisville-based Stock Yards Bank & Trust to acquire Commonwealth Bank & Trust bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Stock Yards Bank and Trust to acquire Commonwealth Bank and Trust courier-journal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courier-journal.com Daily Mail and Mail on Sunday newspapers.
LOUISVILLE, Ky., June 01, 2021 (GLOBE NEWSWIRE) Stock Yards Bancorp, Inc. (“Stock Yards” or the “Company”) (NASDAQ: SYBT), the parent company of Stock. ....