Detail akcie Community Trust online

Business Summary: Community Trust Bancorp, Inc. (CTBI) is a bank holding company. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky. CTBI is engaged in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage and personal loans.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Community Trust Bancorp, Inc. interest income increased 23% to $75M. Net interest income after loan loss provision decreased 4% to $40.9M. Net income decreased 3% to $18.7M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 7% to 3.23%. Net income also reflects Other noninterest expense increase of 46% to $5.9M (expense).