10-K · February 27, 2026
Community Trust Bancorp positions itself as a community-focused regional bank serving eastern/central Kentucky, southern West Virginia and northeastern Tennessee, with total consolidated assets of $6.7 billion and…
Earnings analysis · 10-Q
CTBI earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Community Trust Bancorp, Inc. reported solid results for Q1 2026 with revenue increasing to $74.2 million, marking an 8.2% rise from the previous year, and EPS increasing to $1.50, reflecting a 22.6% year-over-year…
Read full summary
Community Trust Bancorp, Inc. reported solid results for Q1 2026 with revenue increasing to $74.2 million, marking an 8.2% rise from the previous year, and EPS increasing to $1.50, reflecting a 22.6% year-over-year growth. However, the company faces challenges with its net interest margin as it slightly decreased from 3.79% to 3.67%.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.5
What stood out
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Revenue Growth
Revenue reached $74.2 million, up $8.0 million or 12.1% from prior year.
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EPS Beat Estimates
Reported EPS of $1.50, exceeding consensus estimate by 8.7%.
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Increased Net Interest Income
Net interest income improved by 14.7% to $58.8 million compared to Q1 2025.
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Strong Loan Growth
Loans outstanding totaled $5.0 billion, a growth of $354.3 million or 7.6% year-over-year.
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Improved Shareholder Equity
Shareholders' equity increased to $871.2 million, reflecting an 11.1% year-over-year increase.
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Lower Provision for Credit Losses
Provision for credit losses decreased by $1.3 million, demonstrating improved asset quality.
What to watch
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Decreased Net Interest Margin
The net interest margin decreased to 3.67%, down 22 basis points from the prior year.
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Noninterest Income Pressure
Noninterest income decreased by 7.2% from the prior quarter due to lower deposit-related fees.
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Increased Noninterest Expense
Noninterest expenses rose by 6.8% year-over-year, primarily driven by higher salary and benefit costs.
Management's outlook
Management expects continued revenue growth driven by loan demand.
Earlier filings 4
10-Q · November 7, 2025
CTBI reported quarterly net income of $23.9 million ($1.33 per basic share) in 3Q25, driven by higher net interest income but tempered by increased provision for credit losses and higher noninterest expense. Loans,…
10-K · February 28, 2025
CTBI presents as a well‑capitalized regional bank focused on community banking and trust/wealth management in eastern Kentucky, southern West Virginia, and northeastern Tennessee. The 10‑K highlights a $6.2 billion…
10-Q · November 8, 2024
CTBI reported Q3 2024 net income of $22.1 million, or $1.23 per basic share, on revenue roughly $62.8 million (total revenue was $1.4 million above the prior quarter). Net interest income strengthened to $47.2 million…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.