Community Trust Bancorp, Inc. (CTBI)
| Market Cap | 982.17M |
| Revenue (ttm) | 226.76M |
| Net Income (ttm) | 78.98M |
| Shares Out | 18.06M |
| EPS (ttm) | 4.40 |
| PE Ratio | 12.36 |
| Forward PE | 11.31 |
| Dividend | $1.88 (3.46%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 86,077 |
| Open | 53.35 |
| Previous Close | 53.93 |
| Day's Range | 53.35 - 54.91 |
| 52-Week Range | 38.44 - 61.67 |
| Beta | 0.68 |
| Analysts | Strong Buy |
| Price Target | 55.50 (+2.04%) |
| Earnings Date | Jan 15, 2025 |
About CTBI
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. I... [Read more]
Financial Performance
In 2023, Community Trust Bancorp's revenue was $221.32 million, an increase of 0.94% compared to the previous year's $219.26 million. Earnings were $78.00 million, a decrease of -4.66%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CTBI stock is "Strong Buy." The 12-month stock price forecast is $55.5, which is an increase of 2.04% from the latest price.
News
Community Trust Bancorp, Inc. Declares Its Cash Dividend
PIKEVILLE, Ky.--(BUSINESS WIRE)--On October 22, 2024, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ:CTBI) declared its cash dividend of $0.47 per share, which will be paid on Januar...
Community Trust Bancorp, Inc. Reports Earnings for the 3rd Quarter 2024
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary Earnings Summary (in thousands except per share data) 3Q 2024 2Q 2024 3Q 2023 YTD 2024 YTD 2023...
Community Trust Bancorp: Slow And Steady Can Win The Race
Despite being constrained by a relatively low-growth geographic footprint, shares of Kentucky-based Community Trust Bancorp have nevertheless done relatively well. Long-term growth has been pedestrian...
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Community Trust Bancorp: Not Ready To Pull The Trigger
Community Trust Bancorp is a small institution with 80 locations in Kentucky, West Virginia, and Tennessee. Shares have performed more or less in line with the market, up 14.9% since the last article,...
Community Trust Bancorp, Inc. Increases Its Cash Dividend
PIKEVILLE, Ky.--(BUSINESS WIRE)--On July 23, 2024, the Board of Directors of Community Trust Bancorp, Inc. (NASDAQ: CTBI) increased its quarterly cash dividend to $0.47 per share beginning with the Oc...
Lock In Some Profit On Community Trust Bancorp After This Rally
We recommended Community Trust Bancorp, Inc. stock as a buy in October 2023 for income and rebound. Q2 earnings show loan growth, deposit strength, and margin expansion. Mixed asset quality metrics, b...
Community Trust Bancorp, Inc. Reports Earnings for the 2nd Quarter 2024
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI): Earnings Summary Earnings Summary (in thousands except per share data) 2Q 2024 1Q 2024 2Q 2023 YTD 2024 YTD 202...
Community Trust Bancorp, Inc. Reports Earnings for the 1st Quarter 2024
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI): Earnings Summary (in thousands except per share data) 1Q 2024 4Q 2023 1Q 2023 Net income $18,679 $18,659 $19,313 Earnings...
Community Trust Bancorp, Inc. Announces the Appointment of Jeff Sandlin to Its Board of Directors
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI) is pleased to announce the appointment of Jeff Sandlin to its Board of Directors on January 23, 2024. Mr. Sandlin will ser...
Community Trust Bancorp, Inc. Reports Earnings for the 4th Quarter and Year 2023
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary (in thousands except per share data) 4Q 2023 3Q 2023 4Q 2022 Year 2023 Year 2022 Net income $ 18,659 $ ...
Community Trust Bancorp Announces Nicholas Antimisiaris Promoted to Vice President, Corporate Information Security, Resilience and Data Officer
PIKEVILLE, Ky.--(BUSINESS WIRE)--Mark A. Gooch, Vice Chairman, President and CEO of Community Trust Bancorp, Inc., is pleased to announce the promotion of Nicholas Antimisiaris to Vice President, Corp...
Community Trust Bancorp, Inc. Announces Retirement of James J. Gartner
PIKEVILLE, Ky.--(BUSINESS WIRE)--Mark A. Gooch Vice Chairman, President and CEO of Community Trust Bancorp, Inc., is pleased to announce that Mark Smith has been promoted to the position of Executive ...
Community Trust Bancorp, Inc. Announces the Appointment of Dr. Lillian (Kay) Webb to Its Board of Directors
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI) is pleased to announce the appointment of Dr. Lillian (Kay) Webb to its Board of Directors. Lillian (Kay) Webb, Ph.D., was...
Community Trust Bancorp, Inc. Reports Earnings for the 3rd Quarter 2023
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI): Earnings Summary (in thousands except per share data) 3Q 2023 2Q 2023 3Q 2022 YTD 2023 YTD 2022 Net inc...
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Community Trust Bancorp: 43 Straight Years Of Dividend Growth
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The Best Dividend Aristocrat Bargains For September
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Community Trust Bancorp, Inc. Reports Earnings for the 2nd Quarter 2023
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary (in thousands except per share data) 2Q 2023 1Q 2023 2Q 2022 YTD 2023 YTD 2022 Net income $19,4...
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The NY Fed estimates a 68% recession probability within the next 12 months, the highest risk in 42 years. Dividend aristocrats can provide a relatively safe investment option during a recession, with ...
Community Trust Bancorp Is A Buy Around Its 10-Year Lows
Community Trust Bancorp's stock price has declined 26% this year, but the bank remains resilient thanks to its conservative and disciplined management. The bank has grown its dividend for 42 consecuti...
Community Trust Bancorp, Inc. Reports Earnings for the 1st Quarter 2023
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary (in thousands except per share data) 1Q 2023 4Q 2022 1Q 2022 Net income $19,313 $22,443 $19,728 Ear...