Community Trust Bancorp, Inc. (CTBI)

NASDAQ: CTBI · Real-Time Price · USD
57.68
-0.84 (-1.44%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.44%
Market Cap 1.04B
Revenue (ttm) 226.76M
Net Income (ttm) 78.98M
Shares Out 18.06M
EPS (ttm) 4.40
PE Ratio 13.11
Forward PE 11.99
Dividend $1.88 (3.26%)
Ex-Dividend Date Dec 13, 2024
Volume 41,302
Open 58.22
Previous Close 58.52
Day's Range 56.68 - 58.70
52-Week Range 38.44 - 61.60
Beta 0.65
Analysts Strong Buy
Price Target 55.50 (-3.78%)
Earnings Date Oct 16, 2024

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]

Sector Financials
Founded 1903
Employees 967
Stock Exchange NASDAQ
Ticker Symbol CTBI
Full Company Profile

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 Statements

Analyst 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 a decrease of -3.78% from the latest price.

Price Target
$55.5
(-3.78% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs

The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P. A strong economy with falling interest rates is the ideal backdrop for blue-c...

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2 months ago - Seeking Alpha

12 Upcoming Dividend Increases

As fall approaches, twelve smaller financial institutions are set to increase dividends, averaging a 7.6% increase. My investment strategy focuses on companies with consistent dividend growth and outp...

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2 months ago - Seeking Alpha

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,...

3 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

7 months ago - Business Wire

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...

10 months ago - Business Wire

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   $ ...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

The 8 Best Dividend Aristocrat Bargains For October

Soaring interest rates have the stock market pulling back, but the 2024 recession could cause stocks to fall another 22% to 28%. Dividend aristocrats are the ultimate sleep well at night choice for in...

Other symbols: ABMALBCBESSFRTNFGWTRG
1 year ago - Seeking Alpha

14 Upcoming Dividend Increases

The article provides insights on upcoming dividend increases, indicating strong business performance and commitment to rewarding shareholders. The list includes companies with at least five years of c...

Other symbols: AVTBRCBUCSWCGLPIJJSFMO
1 year ago - Seeking Alpha

Community Trust Bancorp: 43 Straight Years Of Dividend Growth

The Fed's restrictive monetary policy is causing bank funding costs to rise rapidly, weakening banks. Community Trust Bancorp is an attractive investment opportunity with a market cap of $646 million....

1 year ago - Seeking Alpha

The Best Dividend Aristocrat Bargains For September

An overvalued market combined with the traditional worst month for stocks of the year potentially makes for a painful September. But dividend aristocrat bargains are all around us, including eight com...

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1 year ago - Seeking Alpha

The Best 5%-Plus Yielding Dividend Aristocrats For August

September is historically the worst month for stocks. That's due to a surprising reason that no longer applies. This September, the effects of the strongest Fed hiking cycle in 42 years are likely to ...

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1 year ago - Seeking Alpha

The 10 Best Dividend Aristocrat Bargains For August

The S&P 500 is 16% to 27% overvalued depending on whether or not we get a recession. The top 8 stocks are driving 75% of the market's gains. Even in an irrational bubble, incredible bargains are avail...

Other symbols: ABMALBCBCBUEPDFLICNFG
1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

10 Dividend Aristocrats For The Ultimate 6% Yielding Retirement Portfolio

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha