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Community Trust Bancorp, Inc. - CTBI STOCK NEWS

Welcome to our dedicated news page for Community Trust Bancorp (Ticker: CTBI), a resource for investors and traders seeking the latest updates and insights on Community Trust Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Community Trust Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Community Trust Bancorp's position in the market.

News
Community Trust Bancorp, Inc. Reports Earnings for the 1st Quarter 2024
Rhea-AI Summary
Community Trust Bancorp, Inc. (NASDAQ: CTBI) reported earnings for the 1st Quarter of 2024, with net income at $18.7 million, or $1.04 per basic share, showing a slight decrease from the previous quarter and year. Total revenue increased, with net interest revenue up but noninterest income down. Provision for credit losses rose, impacting noninterest expenses. Loan portfolio and deposits grew, while asset quality metrics showed an increase in nonperforming loans. The company's financial health remains stable, with a focus on managing problem loans effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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earnings
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News
Community Trust Bancorp, Inc. Declares Its Cash Dividend
Rhea-AI Summary
Community Trust Bancorp, Inc. (NASDAQ: CTBI) declared a cash dividend of $0.46 per share, payable on April 1, 2024, to shareholders of record on March 15, 2024. The company, with assets of $5.8 billion, operates across Kentucky, West Virginia, and Tennessee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
dividends
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News
Community Trust Bancorp, Inc. Announces the Appointment of Jeff Sandlin to Its Board of Directors
Rhea-AI Summary
Community Trust Bancorp, Inc. (CTBI) appoints Jeff Sandlin to its Board of Directors. Sandlin brings extensive business experience and knowledge, having worked in the mining industry and as the COO of Perry Distributors, Inc. The company has assets of $5.8 billion and operates 70 banking locations across Kentucky, West Virginia, and Tennessee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
management
News
Community Trust Bancorp, Inc. Reports Earnings for the 4th Quarter and Year 2023
Rhea-AI Summary
Community Trust Bancorp, Inc. (NASDAQ: CTBI) reported a decrease in net income and earnings per share for the fourth quarter of 2023 compared to the same period in 2022 and the previous quarter. The company's net interest revenue and noninterest income also saw a decrease. However, the loan portfolio and deposits showed an increase. The company's asset quality and allowance for credit losses remained stable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
earnings
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News
Community Trust Bancorp Announces Nicholas Antimisiaris Promoted to Vice President, Corporate Information Security, Resilience and Data Officer
Rhea-AI Summary
Community Trust Bancorp, Inc. (CTBI) announces the promotion of Nicholas Antimisiaris to Vice President, Corporate Information Security, Resilience and Data Officer of Community Trust Bank, Inc. Mr. Antimisiaris is responsible for establishing and maintaining an enterprise-wide security program to protect employees, data information assets, and facilities. With assets of $5.6 billion, Community Trust Bancorp, Inc. is headquartered in Pikeville, Kentucky, and has 70 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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News
Community Trust Bancorp, Inc. Announces Retirement of James J. Gartner
Rhea-AI Summary
Community Trust Bancorp, Inc. (CTBI) announces the promotion of Mark Smith to Executive Vice President, Chief Credit Officer, and Jeremy Clark to Senior Vice President, Loan Review Manager. The company has also announced the retirement of James J. Gartner, the current Executive Vice President, Chief Credit Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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none
News
Community Trust Bancorp, Inc. Announces the Appointment of Dr. Lillian (Kay) Webb to Its Board of Directors
Rhea-AI Summary
Community Trust Bancorp, Inc. (NASDAQ: CTBI) appoints Dr. Lillian (Kay) Webb to its Board of Directors. Dr. Webb, with extensive experience in education and leadership, brings valuable knowledge to the company. Community Trust Bancorp, Inc. has $5.6 billion in assets and operates across multiple states, making it a significant player in the banking industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
management
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News
Community Trust Bancorp, Inc. Declares Its Cash Dividend
Rhea-AI Summary
Community Trust Bancorp, Inc. declares cash dividend of $0.46 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
dividends
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News
Community Trust Bancorp, Inc. Reports Earnings for the 3rd Quarter 2023
Rhea-AI Summary
Community Trust Bancorp reports earnings for the third quarter of 2023, with net income of $20.6 million and earnings per share of $1.15. Total revenue is $0.8 million above the prior quarter and $0.4 million above the prior year same quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
earnings
News
Community Trust Bancorp, Inc. Increases Its Cash Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
dividends
Stock CTBI logo
Community Trust Bancorp, Inc.

Nasdaq:CTBI

CTBI Rankings

#2632 Ranked by Market Cap
#3398 Ranked by Stock Gains
#743 Ranked by Dividends

CTBI Stock Data

721.91M
15.21M
3.19%
61.4%
0.64%
Commercial Banking
Finance and Insurance
Link
United States
Pikeville

About CTBI

community trust bancorp, inc. operates as a holding company for community trust bank, inc., which offers commercial and personal banking and trust services for small and mid-sized communities in kentucky and west virginia. it offers time and demand deposits, checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts and keogh plans, regular and term savings accounts, and certificates of deposit. the company’s loan portfolio comprises commercial loans, construction loans, secured and unsecured loans, mortgage loans, personal loans, residential and commercial real estate loans, lease-financing, lines of credit, revolving lines of credit, term loans, and asset-based financing. it also offers debit cards, cash management services, annuity and life insurance products, letters of credit, safe deposit boxes, and funds transfer services. in addition, the company, through its subsidiaries, operates as a trustee of personal trusts; as an exe