Community Trust Bancorp (CTBI) beats 2025 targets and sets 2026 goals
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Community Trust Bancorp, Inc. used its annual meeting to highlight strong 2025 results and solid first quarter 2026 momentum. For 2025, the company earned $98.1 million, or $5.44 per share, above its stated earnings and EPS goal ranges, with return on average assets of 1.53% and return on average equity of 12.07%.
Total assets reached $6.68 billion at year-end 2025 and $6.7 billion at March 31, 2026, with loans and deposits both growing and credit quality metrics supported by an allowance for credit losses equal to 1.23% of total loans. Management reaffirmed its long-term dividend record and outlined 2026 financial goals and strategic priorities focused on quality loan growth, low-cost deposits, noninterest income expansion, and disciplined expense control.
Positive
- Outperformance versus 2025 goals: Earnings of $98.1 million and EPS of $5.44 exceeded the company’s own 2025 target ranges for both metrics, alongside strong returns on average assets and equity.
- Profitable growth in 2025: Net income increased 18.4%, revenues rose 13.7%, and net interest revenue grew 17.7% from 2024, supported by higher net interest margin and a larger base of earning assets.
- Solid balance sheet and dividends: Total assets reached $6.68 billion at year-end 2025, shareholders’ equity grew, and the company increased its cash dividend 7.5% in 2025, continuing a long record of dividend growth.
Negative
- None.
Insights
CTBI beat 2025 targets and shows steady early-2026 growth.
Community Trust Bancorp reported 2025 net income of $98.1 million, above its goal range, and EPS of $5.44. Returns of 1.53% on average assets and 12.07% on average equity signal solid profitability for a regional bank.
Total assets grew to $6.68 billion at year-end 2025 and $6.7 billion by March 31, 2026, with loans and deposits both increasing. Net interest income rose meaningfully in 2025, helped by higher net interest margin and growth in earning assets, while noninterest income and expenses moved more modestly.
Credit quality appears stable, with net charge-offs and nonperforming loans presented at low levels relative to peers and an allowance for credit losses equal to 1.23% of total loans at key dates. Management’s 2026 goals call for further earnings and balance sheet growth, so subsequent quarterly results in 2026 will show how closely performance tracks those ranges.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
2025 Net income: $98.1 million
2025 EPS: $5.44 per share
Return on average assets: 1.53%
+5 more
8 metrics
2025 Net income
$98.1 million
Full year 2025 earnings, above company goal range
2025 EPS
$5.44 per share
Full year 2025 EPS, above $4.86–$5.06 goal range
Return on average assets
1.53%
Full year 2025 ROAA
Return on average equity
12.07%
Full year 2025 ROAE
Total assets 2025
$6.68 billion
Total assets as of December 31, 2025
Total assets Q1 2026
$6.7 billion
Total assets as of March 31, 2026
Dividend yield 2025
3.75%
Cash dividend yield at December 31, 2025
Allowance to total loans
1.23%
Credit loss reserve ratio at March 31, 2026 and key 2025 dates
Key Terms
Net interest margin, Allowance for credit losses, Tangible Common Equity Ratio, Noninterest income, +2 more
6 terms
Net interest margin financial
"Net interest margin increased 26 basis points"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
Allowance for credit losses financial
"Our reserve coverage (allowance for credit losses to nonperforming loans)"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
Tangible Common Equity Ratio financial
"Tangible Common Equity Ratio 11.94%"
Tangible common equity ratio measures how much real, loss-absorbing capital common shareholders have relative to a company's tangible assets—calculated by removing intangible items (like goodwill) and preferred equity from total equity and comparing that net amount to tangible assets. Think of it as the thickness of a safety cushion made of solid, visible value rather than accounting entries; investors use it to judge how well a company could withstand losses and protect common shareholders' claims.
Noninterest income financial
"Noninterest income for the quarter of $15.4 million"
Noninterest income is the money a bank or financial firm earns from activities other than charging interest on loans, such as account fees, transaction charges, advisory and underwriting fees, trading gains, and service income — like a store making extra money from repairs, warranties or delivery charges rather than product sales. It matters to investors because it shows how diversified a company’s revenue is and whether it can withstand changes in interest rates; a strong noninterest income stream can stabilize profits but may also be more variable than steady loan interest.
Efficiency Ratio financial
"Efficiency Ratio 49 Key Strategic Initiatives"
A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.
Dividend payout ratio financial
"Dividend payout ratio for 2025 was 36.8%"
The dividend payout ratio is the share of a company’s net profit that is returned to shareholders as cash dividends rather than kept for reinvestment. Investors use it to judge whether dividend payments are likely sustainable and how the company balances rewarding owners with funding growth; a high ratio is like handing most of your paycheck to friends now, while a low ratio is like saving more for future expenses and opportunities.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
Commission file number 001-31220
(Exact name of registrant as specified in its charter)
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Securities registered pursuant to Section 12(b) of the Act:
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(Title of class)
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(Trading symbol)
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(Name of exchange on which registered)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the
extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 – Regulation FD Disclosure
On April 28, 2026, Community Trust Bancorp, Inc. (the “Company”) is holding its 2026 Annual Meeting of Shareholders. In
connection with this meeting, a presentation is being made by the Company’s Chairman, President, and Chief Executive Officer, Mark A. Gooch, that is accompanied by a series of slides. These slides include information relating to the Company’s 2025 and
first quarter 2026 financial results, as well as future performance goals. A copy of these slides is being furnished to the Securities and Exchange Commission pursuant to Item 7.01 – Regulation FD Disclosure of Form 8-K and is attached hereto as
Exhibit 99.1. The information in this Form 8-K and in Exhibit 99.1 attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, except as shall be expressly set forth by specific reference.
Item 9.01 – Financial Statements and Exhibits
(d) Exhibits
The following exhibit is filed with this report:
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99.1
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2026 Shareholders’ Presentation
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
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COMMUNITY TRUST BANCORP, INC.
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By:
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Date:
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April 28, 2026
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/s/ Mark A. Gooch
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Mark A. Gooch
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Chairman, President, and Chief Executive Officer
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Exhibit 99.1
FAQ
How did Community Trust Bancorp (CTBI) perform financially in 2025?
Community Trust Bancorp delivered strong 2025 results with net income of $98.1 million and EPS of $5.44. Returns were solid, with 1.53% return on average assets and 12.07% return on average equity, while revenues and net interest income both grew double digits from 2024.
Did CTBI meet or exceed its 2025 financial goals?
CTBI exceeded its stated 2025 financial goals. Earnings of $98.1 million were above its $88.0–$91.6 million target range, and EPS of $5.44 topped the $4.86–$5.06 per share goal range, indicating better-than-planned profitability for the year.
What were CTBI’s key balance sheet trends at year-end 2025?
At December 31, 2025, CTBI’s total assets were $6.68 billion, reflecting 7.9% growth from the prior year. Loans increased 9.1%, the investment portfolio rose 6.2%, and deposits including repurchase agreements grew 7.3%, showing broad-based balance sheet expansion across core categories.
What were CTBI’s key metrics for the first quarter of 2026?
For the first quarter of 2026, CTBI reported total assets of $6.7 billion and market capitalization of $1.1 billion. Net interest income was $58.8 million, modestly above the prior quarter and 14.7% higher than first quarter 2025, while noninterest income and expenses moved more modestly.
What strategic priorities and 2026 goals has CTBI outlined?
CTBI plans to emphasize quality loan growth, low-cost deposit growth, noninterest income expansion, and expense control. For 2026, it targets earnings of $105.1–$109.3 million, EPS of $5.78–$6.02, assets of $6.80–$7.23 billion, and continued growth in loans, deposits, and equity.