Shares of Community Trust Bancorp CTBI remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share increased 13.95% year over year to $0.98, which beat the estimate of $0.59.
Revenue of $52,591,000 higher by 7.53% year over year, which beat the estimate of $52,450,000.
Outlook
Community Trust Bancorp hasn't issued any earnings guidance for the time being.
Community Trust Bancorp hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $47.54
52-week low: $26.45
Price action over last quarter: down 5.05%
Company Description
Community Trust Bancorp Inc is a bank holding company providing commercial and personal banking and trust and wealth management activities. The bank's services include accepting time and demand deposits; making secured and unsecured loans; cash management services; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. Its other services consist of residential and commercial real estate loans; checking accounts; regular and term savings accounts and savings certificates; full-service securities brokerage services; consumer loans; annuity and life insurance products; Individual Retirement Accounts and Keogh plans; and repurchase agreements. The company has one operating segment, community banking services.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.