Community Trust Bancorp, Inc. Stock News

In a period in which banks have been up and then right back down again, shares of Kentucky's Community Trust Bancorp have done okay since my opening piece last September. Cheaper funding on the back of 100bps of interest rate cuts has helped drive some of the net interest margin expansion I was looking for back then. Concerns about where the U.S. economy is headed have also picked up. Given its...

I maintain a hold rating on Community Trust Bancorp due to its significant stock rise and current fair valuation amidst macroeconomic uncertainty. CTBI's net interest income improved by 15.20% QoQ, driven by a stall in expenses growth and increased income on earning assets, expanding profit margins. The bank's experienced management and resilient loan portfolio have shown steady growth and low ...

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PIKEVILLE, Ky.--(BUSINESS WIRE)--On January 28, 2025, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ-CTBI) declared its quarterly cash dividend of $0.47 per share, which will be paid on April 1, 2025, to shareholders of record on March 15, 2025. Community Trust Bancorp, Inc., with assets of $6.2 billion, is headquartered in Pikeville, Kentucky and has 72 banking locations acro...

The financial sector is booming, including small caps like Unity Bancorp NASDAQ: UNTY, Plumas Bancorp NASDAQ: PLBC, and Community Trust Bancorp NASDAQ: CTBI. The results from 2024 show consumers remain healthy, commercial volumes are improving, and higher-for-longer interest rates drive solid investment income.

Small-cap stocks typically outperform when investors value large-caps more.

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 January 2, 2025, to shareholders of record on December 15, 2024. Community Trust Bancorp, Inc., with assets of $6 billion, is headquartered in Pikeville, Kentucky and has 72 banking locations across east...

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 Net income $22,142 $19,499 $20,628 $60,320 $59,345 Earnings per share $1.23 $1.09 $1.15 $3.36 $3.32 Earnings per share - diluted $1.23 $1.09 $1.15 $3.36 $3.32             Return on average assets ...