Community Trust Bancorp (CTBI) Projected to Post Earnings on Wednesday

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Wednesday, July 16th. Analysts expect Community Trust Bancorp to post earnings of $1.27 per share and revenue of $68.00 million for the quarter.

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. Community Trust Bancorp had a return on equity of 11.40% and a net margin of 22.49%. The company had revenue of $66.16 million for the quarter, compared to analyst estimates of $64.92 million. During the same period in the previous year, the company posted $1.04 earnings per share. On average, analysts expect Community Trust Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Community Trust Bancorp Stock Down 1.7%

Community Trust Bancorp stock traded down $0.95 during mid-day trading on Friday, hitting $54.59. The company had a trading volume of 55,823 shares, compared to its average volume of 57,108. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The stock's 50 day moving average price is $52.22 and its two-hundred day moving average price is $51.89. Community Trust Bancorp has a 12 month low of $44.60 and a 12 month high of $61.67. The company has a market capitalization of $988.62 million, a PE ratio of 11.40 and a beta of 0.58.

Community Trust Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Sunday, June 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.44%. The ex-dividend date was Friday, June 13th. Community Trust Bancorp's dividend payout ratio (DPR) is 39.25%.

Insider Buying and Selling at Community Trust Bancorp

In other Community Trust Bancorp news, Director Franky Minnifield purchased 2,000 shares of the firm's stock in a transaction dated Monday, June 2nd. The stock was purchased at an average price of $51.01 per share, for a total transaction of $102,020.00. Following the completion of the purchase, the director directly owned 17,099 shares of the company's stock, valued at $872,219.99. This trade represents a 13.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Millennium Management LLC raised its stake in shares of Community Trust Bancorp by 116.4% in the first quarter. Millennium Management LLC now owns 100,651 shares of the financial services provider's stock worth $5,069,000 after purchasing an additional 54,130 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Community Trust Bancorp by 158.5% in the first quarter. Jane Street Group LLC now owns 28,493 shares of the financial services provider's stock worth $1,435,000 after purchasing an additional 17,470 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Community Trust Bancorp by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,122 shares of the financial services provider's stock worth $459,000 after purchasing an additional 381 shares during the last quarter. Finally, Strs Ohio purchased a new position in shares of Community Trust Bancorp in the first quarter worth $86,000. Hedge funds and other institutional investors own 60.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CTBI shares. Raymond James Financial dropped their target price on Community Trust Bancorp from $60.00 to $58.00 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd. Piper Sandler dropped their target price on Community Trust Bancorp from $60.00 to $56.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th.

About Community Trust Bancorp

Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee.