Community Trust Bancorp, Inc. (CTBI)
| Market Cap | 888.89M |
| Revenue (ttm) | 223.50M |
| Net Income (ttm) | 77.47M |
| Shares Out | 18.05M |
| EPS (ttm) | 4.32 |
| PE Ratio | 11.24 |
| Forward PE | 10.88 |
| Dividend | $1.88 (3.81%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 15,117 |
| Open | 48.86 |
| Previous Close | 48.60 |
| Day's Range | 48.57 - 49.39 |
| 52-Week Range | 33.48 - 52.22 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 47.00 (-4.55%) |
| 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]
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 2 analysts, the average rating for CTBI stock is "Strong Buy." The 12-month stock price forecast is $47.0, which is a decrease of -4.55% from the latest price.
News
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...
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. Declares Its Cash Dividend
PIKEVILLE, Ky.--(BUSINESS WIRE)--On April 23, 2024, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ-CTBI) declared its cash dividend of $0.46 per share, which will be paid on July 1, ...
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...
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...
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....
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...
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 ...
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...
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...
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 ...
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...
Community Trust Bancorp: Upgrading To Buy, But Earnings Likely To Be Flattish
The mixed condition of Kentucky's economy will likely keep loan growth at a subdued level. Further margin expansion is likely thanks to the large balance of adjustable-rate commercial loans and the on...
Community Trust Bancorp, Inc. Reports Earnings for the 4th Quarter and Year 2022
Community Trust Bancorp, Inc. (NASDAQ-CTBI) achieved earnings for the fourth quarter 2022 of $22.4 million, or $1.26 per basic share, compared to $19.4 million, or $1.09 per basic share, earned during...