Latest news with #CommunityTrustBancorp
Business Wire
19 hours ago
- Business
- Business Wire
Community Trust Bancorp, Inc. Announces the Appointment of David L. Baird to Its Board of Directors
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI) is pleased to announce the appointment of David L. Baird to its Board of Directors. A native of Pikeville, Kentucky, Mr. Baird is an attorney and shareholder at Baird & Baird, P.S.C. in Pikeville, Kentucky. He earned a Bachelor of Science degree from the Richard T. Farmer School of Business at Miami University (Ohio). He earned his Juris Doctor from the Salmon P. Chase College of Law at Northern Kentucky University in Highland Heights, Kentucky. Mr. Baird's legal practice has concentrated on Mineral and Environmental Law, Real Property and Contract Litigation, Business Transactions, Bankruptcy (Creditor) and General Practice. He is a member of the Kentucky Bar Association and the Pike County Bar Association. He is admitted to practice in all courts in the Commonwealth of Kentucky, the United States District Courts in both the Western and Eastern District of Kentucky, and the United States Court of Appeals for the Sixth Circuit. Mr. Baird is a member of the Board Directors of Pikeville Medical Center, Inc., The Elliott Company, Hocker Developments, Inc., and the Pike County Regional Airport Board. He was a member of the Board of Directors of the Southeast Kentucky Chamber of Commerce from 2014 through 2019, serving as its Chairman in 2018. He also serves on the Board of Sandy Valley Habitat for Humanity, The Rotary Club of Pikeville and regional education initiative, Community Economic Development and Revitalization (CEDAR). He and his wife Lisa live in Pikeville with their three children where they are members of the Pikeville United Methodist Church. "We are very pleased to have Mr. Baird join the Board of Directors of Community Trust Bancorp, Inc. He brings a level of experience and knowledge which makes him a valuable addition to our Board," said Mark A. Gooch, Chairman, President and CEO of Community Trust Bancorp, Inc. Community Trust Bancorp, Inc., with assets of $6.3 billion, is headquartered in Pikeville, Kentucky and has 72 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.
Yahoo
27-04-2025
- Business
- Yahoo
Community Trust Bancorp (NASDAQ:CTBI) Will Pay A Dividend Of $0.47
The board of Community Trust Bancorp, Inc. (NASDAQ:CTBI) has announced that it will pay a dividend of $0.47 per share on the 1st of July. This means that the annual payment will be 3.9% of the current stock price, which is in line with the average for the industry. We check all companies for important risks. See what we found for Community Trust Bancorp in our free report. Solid dividend yields are great, but they only really help us if the payment is sustainable. Community Trust Bancorp has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. Taking data from its last earnings report, calculating for the company's payout ratio shows 39%, which means that Community Trust Bancorp would be able to pay its last dividend without pressure on the balance sheet. The next year is set to see EPS grow by 6.6%. If the dividend continues along recent trends, we estimate the future payout ratio will be 39%, which is in the range that makes us comfortable with the sustainability of the dividend. View our latest analysis for Community Trust Bancorp The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Since 2015, the dividend has gone from $1.16 total annually to $1.88. This implies that the company grew its distributions at a yearly rate of about 4.9% over that duration. Although we can't deny that the dividend has been remarkably stable in the past, the growth has been pretty muted. The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that Community Trust Bancorp has grown earnings per share at 8.5% per year over the past five years. Community Trust Bancorp definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. Overall, we like to see the dividend staying consistent, and we think Community Trust Bancorp might even raise payments in the future. Distributions are quite easily covered by earnings, which are also being converted to cash flows. All of these factors considered, we think this has solid potential as a dividend stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Companies that are growing earnings tend to be the best dividend stocks over the long term. See what the 3 analysts we track are forecasting for Community Trust Bancorp for free with public analyst estimates for the company. Is Community Trust Bancorp not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
3 Undiscovered Gems In The US Market
The U.S. stock market has recently experienced heightened volatility, with major indices like the Dow Jones and Nasdaq seeing significant declines amid ongoing tariff tensions and broader economic uncertainties. In such a turbulent environment, identifying promising small-cap stocks can be challenging yet rewarding, as these companies often possess unique growth potential that may not be immediately apparent to investors focused on larger market players. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Morris State Bancshares 9.72% 4.94% 6.51% ★★★★★★ Wilson Bank Holding NA 7.87% 8.22% ★★★★★★ Oakworth Capital 31.49% 14.78% 4.46% ★★★★★★ Cashmere Valley Bank 15.62% 5.80% 3.51% ★★★★★★ Omega Flex NA -0.52% 0.74% ★★★★★★ ASA Gold and Precious Metals NA 7.47% -26.86% ★★★★★★ Teekay NA -0.89% 62.53% ★★★★★★ Anbio Biotechnology NA 8.43% 184.88% ★★★★★★ FRMO 0.08% 38.78% 45.85% ★★★★★☆ Reitar Logtech Holdings 31.39% 231.46% 41.38% ★★★★☆☆ Click here to see the full list of 286 stocks from our US Undiscovered Gems With Strong Fundamentals screener. Let's review some notable picks from our screened stocks. Simply Wall St Value Rating: ★★★★★★ Overview: Community Trust Bancorp, Inc. is the bank holding company for Community Trust Bank, Inc., with a market cap of $839.92 million. Operations: Community Trust Bancorp generates revenue primarily from its Community Banking Services segment, which contributes $242.74 million, while the Holding Company adds $85.33 million. Community Trust Bancorp, with total assets of US$6.2 billion and equity of US$757.6 million, is a small bank holding company that seems to offer value trading at 62% below its estimated fair value. With total deposits reaching US$5.1 billion and loans at US$4.4 billion, the bank's net interest margin stands at 3.4%. It has an appropriate allowance for bad loans at 0.6% of total loans, reflecting solid risk management practices supported by primarily low-risk funding sources like customer deposits (93%). The recent dividend declaration and earnings growth over the past year highlight its stable operational footing within the industry context. Click here and access our complete health analysis report to understand the dynamics of Community Trust Bancorp. Evaluate Community Trust Bancorp's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Energy Recovery, Inc. designs, manufactures, and sells energy efficiency technology solutions across various regions globally and has a market capitalization of approximately $786.41 million. Operations: The company generates revenue primarily from its Water segment, which accounts for $144.31 million, while Emerging Technologies contribute $0.64 million. Energy Recovery is making strides with its PX technology, expanding into mining and textiles to diversify revenue streams. The company reported annual sales of US$144.95 million, up from US$128.35 million the previous year, alongside a net income increase to US$23.05 million from US$21.5 million. Recently executing a share buyback worth $50 million for 3,248,533 shares (5.61%), Energy Recovery aims to enhance shareholder value further with an additional $30 million repurchase plan over the next year. Despite these positive moves, significant insider selling and reliance on specific regions pose risks to revenue stability and growth projections. Energy Recovery's expansion of PX technology into diverse industries aims to enhance revenue streams. Click here to explore the narrative on Energy Recovery's strategic growth initiatives. Simply Wall St Value Rating: ★★★★★★ Overview: Tompkins Financial Corporation is a financial holding company that offers a range of services including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services with a market cap of $816.27 million. Operations: Tompkins Financial generates revenue primarily from its banking segment, contributing $234.48 million, followed by insurance services at $39.77 million and wealth management at $20.49 million. With assets totaling US$8.1 billion and equity of US$713.4 million, Tompkins Financial stands out with its strong financial foundation. Total deposits amount to US$6.5 billion, while loans are at US$6 billion, reflecting a well-balanced portfolio. The company boasts a net interest margin of 2.8% and maintains a low bad loan ratio of 0.8%, backed by an allowance for bad loans at 111%. Earnings surged by 648% last year, outpacing the industry significantly, and it trades at a notable discount to its estimated fair value, suggesting potential upside in valuation terms. Click here to discover the nuances of Tompkins Financial with our detailed analytical health report. Assess Tompkins Financial's past performance with our detailed historical performance reports. Gain an insight into the universe of 286 US Undiscovered Gems With Strong Fundamentals by clicking here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:CTBI NasdaqGS:ERII and NYSEAM:TMP. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Community Trust Bancorp Full Year 2024 Earnings: Beats Expectations
Revenue: US$237.6m (up 6.1% from FY 2023). Net income: US$82.8m (up 6.2% from FY 2023). Profit margin: 35% (in line with FY 2023). EPS: US$4.61 (up from US$4.36 in FY 2023). Net interest margin (NIM): 3.36% (up from 3.32% in FY 2023). Non-performing loans: 0.59% (up from 0.34% in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 2.0% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Community Trust Bancorp's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
12-02-2025
- Business
- Yahoo
US Dividend Stocks To Consider In February 2025
As the U.S. market navigates the implications of new tariffs on steel and aluminum, with mixed performances across major indices, investors continue to assess the potential impacts on inflation and interest rates following Federal Reserve Chair Jerome Powell's testimony. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for those looking to balance growth with reliable returns amidst economic uncertainties. Name Dividend Yield Dividend Rating Columbia Banking System (NasdaqGS:COLB) 5.14% ★★★★★★ Interpublic Group of Companies (NYSE:IPG) 4.86% ★★★★★★ Peoples Bancorp (NasdaqGS:PEBO) 4.79% ★★★★★★ FMC (NYSE:FMC) 6.36% ★★★★★★ Dillard's (NYSE:DDS) 5.19% ★★★★★★ Regions Financial (NYSE:RF) 5.84% ★★★★★★ First Interstate BancSystem (NasdaqGS:FIBK) 5.72% ★★★★★★ Citizens & Northern (NasdaqCM:CZNC) 5.11% ★★★★★★ CompX International (NYSEAM:CIX) 4.87% ★★★★★★ Virtus Investment Partners (NYSE:VRTS) 4.76% ★★★★★★ Click here to see the full list of 131 stocks from our Top US Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc., with a market capitalization of approximately $1 billion. Operations: Community Trust Bancorp, Inc. generates its revenue primarily through Community Banking Services, amounting to $237.61 million. Dividend Yield: 3.3% Community Trust Bancorp maintains a stable dividend history, recently affirming a quarterly dividend of $0.47 per share, payable on April 1, 2025. The company's dividends are well-covered by earnings with a current payout ratio of 40.3%, and this is projected to improve to 36.3% in three years. Although its yield of 3.31% is below the top quartile in the US market, CTBI's consistent growth in net income supports its reliable dividend payments over the past decade. Get an in-depth perspective on Community Trust Bancorp's performance by reading our dividend report here. Our valuation report here indicates Community Trust Bancorp may be undervalued. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Fulton Financial Corporation is a financial holding company offering consumer and commercial banking products and services across Pennsylvania, Delaware, Maryland, New Jersey, and Virginia with a market cap of $3.71 billion. Operations: Fulton Financial Corporation generates revenue primarily through its banking segment, which accounts for $1.13 billion. Dividend Yield: 3.4% Fulton Financial's dividend payments are well-supported by earnings, with a current payout ratio of 43.5% and projected to decrease to 36.6% in three years. Despite trading below estimated fair value, its dividend yield of 3.45% is lower than the top quartile in the US market. The company recently increased its quarterly dividend by $0.01 per share, reflecting a decade-long trend of stable and reliable dividends amidst modest earnings growth. Click to explore a detailed breakdown of our findings in Fulton Financial's dividend report. The valuation report we've compiled suggests that Fulton Financial's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Ramaco Resources, Inc. is involved in the development, operation, and sale of metallurgical coal with a market cap of $523.63 million. Operations: Ramaco Resources, Inc. generates revenue primarily from its Metals & Mining - Coal segment, amounting to $698.13 million. Dividend Yield: 5.4% Ramaco Resources maintains a sustainable dividend with a payout ratio of 73.8% and a cash payout ratio of 46.8%, ensuring coverage by earnings and cash flows. While dividends are stable, the company has only paid them for three years, limiting its track record. Recent affirmations include quarterly dividends of $0.1375 per Class A share for early 2025, highlighting commitment despite profit margin declines from 10.5% to 4.9%. The stock trades at good value relative to peers and industry standards. Click here to discover the nuances of Ramaco Resources with our detailed analytical dividend report. According our valuation report, there's an indication that Ramaco Resources' share price might be on the cheaper side. Delve into our full catalog of 131 Top US Dividend Stocks here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:CTBI NasdaqGS:FULT and NasdaqGS:METC. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
