Central Kentucky Regional Airport

Stock Yards Bancorp Reports Solid Third Quarter Earnings of $27.1 Million or $0.92 Per Diluted Share

Retrieved on: 
Wednesday, October 25, 2023

LOUISVILLE, Ky., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $27.1 million, or $0.92 per diluted share, for the third quarter ended September 30, 2023. This compares to net income of $28.5 million, or $0.97 per diluted share, for the third quarter of 2022. The results for the third quarter of 2023 were highlighted by near-record loan growth, linked quarter deposit growth and strong levels of non-interest income.

Key Points: 
  • “Total loans, excluding PPP loans, increased $559 million, or 11%, over the last 12 months, of which $201 million was achieved during the third quarter.
  • In addition, Wealth Management and Trust (“WM&T) had another strong quarter, with net new business growth outweighing unfavorable market conditions.
  • Deposit balances increased $194 million, or 3%, on the linked quarter, as interest bearing deposits increased $246 million and non-interest bearing deposits contracted by $51 million.
  • Non-interest income increased $36,000 to $22.9 million on the linked quarter, consistent with expansion in treasury management fees and card income.

DeNova Eliminates 80 Hours of Work Per Month Using Tebra’s Complete Operating System

Retrieved on: 
Monday, May 22, 2023

DeNova uses Tebra Clinical and Billing solutions to support its clinical workflow and get paid faster.

Key Points: 
  • DeNova uses Tebra Clinical and Billing solutions to support its clinical workflow and get paid faster.
  • It also uses Tebra Practice Growth technology to grow its web presence and attract new patients.
  • With Tebra Robotic Process Automation (RPA), DeNova office staff has eliminated 16 to 20 hours per week on manual and repetitive billing tasks.
  • Using Tebra’s SEO support, it also achieved 24 #1 rankings across Google for important mental health therapy search queries.

agilon health Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

Class of 2024 New Partnership Announcements:

Key Points: 
  • Class of 2024 New Partnership Announcements:
    Lexington Clinic and agilon health announced the formation of a long-term partnership on February 9, 2023.
  • Premier Health and agilon health announced the formation of a long-term partnership on March 30, 2023.
  • Holland PHO, a Physician-Hospital Organization, and agilon health announced the formation of a long-term partnership on March 30, 2023.
  • Catalyst Health Network and agilon health announced the formation of a long-term partnership on April 2, 2023.

Amber Martin Receives Cox Automotive and NAMAD Rising Star Award

Retrieved on: 
Friday, December 10, 2021

Amber Martin awarded the Rising Star Award from Cox Automotive & National Association of Minority Automobile Dealers.

Key Points: 
  • Amber Martin awarded the Rising Star Award from Cox Automotive & National Association of Minority Automobile Dealers.
  • Duck said: "On behalf of CoxAutomotive and in partnership with NAMAD, I am honored to recognize Amber Martin as the 2021 Rising Star.
  • Not only does Amber exemplify the words 'rising star,' but she also exemplifies a core value of Cox and the Cox family community engagement."
  • "To be recognized as a "Rising Star" by Cox Automotive is an incredible honor and receiving this award is even more special because of the long-standing partnership that my family's company has with both Cox Automotive and NAMAD," said Martin.