Latest news with #CommunityTrustBancorp
Business Wire
16-07-2025
- Business
- Business Wire
Community Trust Bancorp, Inc. Reports Record Earnings for the 2 nd Quarter 2025
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc.: Earnings Summary (in thousands except per share data) 2Q 2025 1Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income $24,899 $21,972 $19,499 $46,871 $38,178 Earnings per share $1.38 $1.22 $1.09 $2.60 $2.13 Earnings per share - diluted $1.38 $1.22 $1.09 $2.60 $2.13 Return on average assets 1.58% 1.44% 1.35% 1.51% 1.33% Return on average equity 12.51% 11.50% 11.03% 12.01% 10.82% Efficiency ratio 50.70% 51.86% 52.17% 51.26% 53.51% Tangible common equity 11.72% 11.57% 11.39% Dividends declared per share $0.47 $0.47 $0.46 $0.94 $0.92 Book value per share $44.57 $43.32 $39.91 Weighted average shares 18,012 17,995 17,939 18,004 17,932 Weighted average shares - diluted 18,036 18,022 17,959 18,029 17,951 Expand Community Trust Bancorp, Inc. (NASDAQ-CTBI) achieved record earnings for the second quarter 2025 of $24.9 million, or $1.38 per basic share, compared to $22.0 million, or $1.22 per basic share, earned during the first quarter 2025 and $19.5 million, or $1.09 per basic share, earned during the second quarter 2024. Total revenue for the quarter was $4.0 million above prior quarter and $8.8 million above prior year same quarter. Net interest revenue for the quarter increased $2.8 million compared to prior quarter and $8.4 million compared to prior year same quarter, and noninterest income increased $1.3 million compared to prior quarter and $0.5 million compared to prior year same quarter. Our provision for credit losses for the quarter decreased $1.5 million from prior quarter and $0.9 million from prior year same quarter. Noninterest expense increased $1.5 million compared to prior quarter and $3.2 million compared to prior year same quarter. Earnings for the six months ended June 30, 2025 were $8.7 million, or $0.47 per basic share, above prior year. 2 nd Quarter 2025 Highlights Net interest income for the quarter of $54.0 million was $2.8 million, or 5.4%, above prior quarter and $8.4 million, or 18.3%, above prior year same quarter, as our net interest margin increased 7 basis points from prior quarter and 26 basis points from prior year same quarter. Provision for credit losses at $2.1 million for the quarter decreased $1.5 million from prior quarter and $0.9 million from prior year same quarter. Noninterest income for the quarter ended June 30, 2025 of $16.2 million was $1.3 million, or 8.6%, above prior quarter and $0.5 million, or 2.9%, above prior year same quarter. Noninterest expense for the quarter ended June 30, 2025 of $35.7 million was $1.5 million, or 4.3%, above prior quarter and $3.2 million, or 10.0%, above prior year same quarter. Our loan portfolio at $4.7 billion increased $65.3 million, an annualized 5.6%, from March 31, 2025 and $440.5 million, or 10.3%, from June 30, 2024. We had net loan charge-offs of $1.4 million, an annualized 0.12% of average loans, for the second quarter 2025 compared to $1.6 million, an annualized 0.14% of average loans, for the first quarter 2025 and $1.4 million, an annualized 0.13% of average loans, for the second quarter 2024. Our total nonperforming loans at $24.4 million at June 30, 2025 decreased $2.1 million from March 31, 2025 but increased $4.6 million from June 30, 2024. Nonperforming assets at $29.2 million decreased $2.1 million from March 31, 2025 but increased $7.8 million from June 30, 2024. Deposits, including repurchase agreements, at $5.5 billion increased $100.2 million, an annualized 7.5%, from March 31, 2025 and $496.7 million, or 10.0%, from June 30, 2024. Shareholders' equity at $806.9 million increased $22.7 million, an annualized 11.6%, during the quarter and $87.5 million, or 12.2%, from June 30, 2024. Net Interest Income Net interest income for the quarter of $54.0 million was $2.8 million, or 5.4%, above prior quarter and $8.4 million, or 18.3%, above prior year same quarter. Our net interest margin, on a fully tax equivalent basis, at 3.64% increased 7 basis points from prior quarter and 26 basis points from prior year same quarter. Our quarterly average earning assets increased $135.0 million, an annualized 9.3%, from prior quarter and $513.3 million, or 9.4%, from prior year same quarter. Our yield on average earning assets increased 5 basis points from prior quarter and 10 basis points from prior year same quarter, while our cost of funds decreased 2 basis points from prior quarter and 30 basis points from prior year same quarter. Our ratio of average loans to deposits, including repurchase agreements, was 86.6% for the quarter ended June 30, 2025 compared to 85.9% for the quarter ended March 31, 2025 and 84.5% for the quarter ended June 30, 2024. Noninterest Income Noninterest income for the quarter ended June 30, 2025 of $16.2 million was $1.3 million, or 8.6% above prior quarter and $0.5 million, or 2.9% above prior year same quarter. The variance quarter over quarter was primarily the result of increases in deposit related fees ($0.5 million) and loan related fees ($0.3 million). Year over year increases in trust revenue ($0.4 million) and securities gains ($0.6 million) were partially offset by a decrease in bank owned life insurance revenue ($0.7 million). Noninterest income for the six months ended June 30, 2025 increased $0.2 million, or 0.7%, from prior year. Noninterest Expense Noninterest expense for the quarter ended June 30, 2025 of $35.7 million was $1.5 million, or 4.3%, above prior quarter and $3.2 million, or 10.0%, above prior year same quarter. The quarter over quarter increase primarily resulted from an increase in the accrual for the annual incentive payment to employees, based on projected net income for the year. An increase in data processing expense ($0.5 million) was offset by decreases in net occupancy and equipment expense ($0.3 million) and legal and professional fees ($0.2 million). The year over year increase was primarily due to increases in personnel expense ($2.1 million) and data processing expense ($0.7 million). Noninterest expense for the six months ended June 30, 2025 increased $5.2 million, or 8.1%, from prior year. Balance Sheet Review Total Loans Total Deposits and Repurchase Agreements CTBI's total assets at $6.4 billion as of June 30, 2025 increased $114.4 million, or 7.3% annualized, from March 31, 2025 and $586.6 million, or 10.1%, from June 30, 2024. Loans outstanding at $4.7 billion increased $65.3 million, an annualized 5.6%, from March 31, 2025 and $440.5 million, or 10.3%, from June 30, 2024. The increase in loans from prior quarter included a $24.9 million increase in the commercial loan portfolio, a $50.2 million increase in the residential loan portfolio, and a $0.3 million increase in the consumer direct loan portfolio, partially offset by a $10.1 million decrease in the indirect consumer loan portfolio. CTBI's investment portfolio decreased $13.4 million, an annualized 5.3%, from March 31, 2025 and $94.0 million, or 8.6%, from June 30, 2024. Deposits in other banks increased $46.6 million from prior quarter and $212.0 million from June 30, 2024, as a result of deposit growth outpacing loan growth. Deposits, including repurchase agreements, at $5.5 billion increased $100.2 million, an annualized 7.5%, from March 31, 2025 and $496.7 million, or 10.0%, from June 30, 2024. CTBI is not dependent on any one customer or group of customers for their source of deposits. As of June 30, 2025, no one customer accounted for more than 3% of our $5.2 billion in deposits. Only two customer relationships accounted for more than 1% each. Shareholders' equity at $806.9 million increased $22.7 million, an annualized 11.6%, during the quarter and $87.5 million, or 12.2%, from June 30, 2024. Net unrealized losses on securities, net of deferred taxes, were $80.6 million at June 30, 2025, compared to $86.1 million at March 31, 2025 and $107.1 million at June 30, 2024. CTBI's annualized dividend yield to shareholders as of June 30, 2025 was 3.55%. Asset Quality Our total nonperforming loans of $24.4 million at June 30, 2025 decreased $2.1 million from March 31, 2025 but increased $4.6 million from June 30, 2024. Accruing loans 90+ days past due at $8.4 million decreased $2.4 million from prior quarter and $6.3 million from June 30, 2024. Nonaccrual loans at $15.9 million increased $0.2 million from prior quarter and $10.8 million from June 30, 2024. Accruing loans 30-89 days past due at $20.1 million increased $5.5 million from prior quarter but decreased $4.0 million from June 30, 2024. Our loan portfolio management processes focus on the immediate identification, management, and resolution of problem loans to maximize recovery and minimize loss. We had net loan charge-offs of $1.4 million, an annualized 0.12% of average loans, for the second quarter 2025 compared to $1.6 million, an annualized 0.14% of average loans, for the first quarter 2025 and $1.4 million, an annualized 0.13% of average loans, for the second quarter 2024. Of the net charge-offs for the quarter, $0.5 million were in commercial loans, $0.8 million were in indirect consumer loans, and $0.1 million were in direct consumer loans. Net-charge offs for the six months ended June 30, 2025 were $2.9 million, an annualized 0.13% of average loans, compared to $3.0 million, an annualized 0.15% of average loans, for the six months ended June 30, 2024. Allowance for Credit Losses Our provision for credit losses at $2.1 million for the quarter decreased $1.5 million from prior quarter and $0.9 million from prior year same quarter. Of the provision for the quarter, $0.9 million was allotted to fund loan growth and $123 thousand was credited against the provision for unfunded commitments. Provision for credit losses for the six months ended June 30, 2025 remained relatively stable compared to prior year. Our reserve coverage (allowance for credit losses to nonperforming loans) at June 30, 2025 was 237.1% compared to 214.7% at March 31, 2025 and 263.0% at June 30, 2024. Our loan loss reserve as a percentage of total loans outstanding at June 30, 2025 remained at 1.23% from March 31, 2025 compared to 1.22% at June 30, 2024. Forward-Looking Statements Certain of the statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. CTBI's actual results may differ materially from those included in the forward-looking statements. Forward-looking statements are typically identified by words or phrases such as 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'may increase,' 'may fluctuate,' and similar expressions or future or conditional verbs such as 'will,' 'should,' 'would,' and 'could.' These forward-looking statements involve risks and uncertainties including, but not limited to, economic conditions, portfolio growth, the credit performance of the portfolios, including bankruptcies, and seasonal factors; changes in general economic conditions including the performance of financial markets, prevailing inflation and interest rates, realized gains from sales of investments, gains from asset sales, and losses on commercial lending activities; the effects of epidemics, pandemics, or other infectious disease outbreaks; results of various investment activities; the effects of competitors' pricing policies, changes in laws and regulations, competition, and demographic changes on target market populations' savings and financial planning needs; industry changes in information technology systems on which we are highly dependent; failure of acquisitions to produce revenue enhancements or cost savings at levels or within the time frames originally anticipated or unforeseen integration difficulties; the resolution of legal proceedings and related matters. In addition, the banking industry in general is subject to various monetary, operational, and fiscal policies and regulations, which include, but are not limited to, those determined by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and state regulators, whose policies, regulations, and enforcement actions could affect CTBI's results. These statements are representative only on the date hereof, and CTBI undertakes no obligation to update any forward-looking statements made. Community Trust Bancorp, Inc., with assets of $6.4 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 northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee. Additional information follows. As of As of As of June 30, 2025 March 31, 2025 June 30, 2024 Assets: Loans $ 4,701,793 $ 4,636,536 $ 4,261,247 Allowance for credit losses (57,825) (56,961) (52,148) Net loans 4,643,968 4,579,575 4,209,099 Loans held for sale 345 - 350 Securities AFS 994,990 1,008,552 1,090,322 Equity securities at fair value 4,410 4,261 3,054 Other equity investments 14,440 9,773 14,022 Other earning assets 320,830 274,229 108,823 Cash and due from banks 76,556 68,532 54,935 Premises and equipment 52,118 50,753 47,178 Right of use asset 15,210 15,636 15,121 Goodwill and core deposit intangible 65,490 65,490 65,490 Other assets 202,581 199,717 195,945 Total Assets $ 6,390,938 $ 6,276,518 $ 5,804,339 Liabilities and Equity: Interest bearing checking $ 173,795 $ 158,968 $ 138,767 Savings deposits 2,328,697 2,344,430 2,191,831 CD's >=$100,000 875,835 800,359 637,206 Other time deposits 596,476 572,004 524,480 Total interest bearing deposits 3,974,803 3,875,761 3,492,284 Noninterest bearing deposits 1,258,205 1,235,544 1,241,514 Total deposits 5,233,008 5,111,305 4,733,798 Repurchase agreements 225,075 246,556 227,576 Other interest bearing liabilities 64,705 64,767 64,954 Lease liability 16,087 16,461 15,880 Other noninterest bearing liabilities 45,194 53,257 42,808 Total liabilities 5,584,069 5,492,346 5,085,016 Shareholders' equity 806,869 784,172 719,323 Total Liabilities and Equity $ 6,390,938 $ 6,276,518 $ 5,804,339 Ending shares outstanding 18,105 18,102 18,026 30 - 89 days past due loans $ 20,055 $ 14,537 $ 24,099 90 days past due loans 8,449 10,835 14,703 Nonaccrual loans 15,937 15,692 5,127 Foreclosed properties 4,857 4,795 1,626 Community bank leverage ratio 13.80% 13.81% 13.90% Tangible equity to tangible assets ratio 11.72% 11.57% 11.39% FTE employees 937 939 930 Expand
Business Wire
26-06-2025
- 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.
