Community Trust Earnings Reports

CTBI delivered solid net interest income growth and maintained stable profitability despite a small decline in EPS from the previous quarter. Higher provisions for credit losses and noninterest expenses impacted bottom-line growth.

Community Trust Bancorp reported net income of $24.9 million with EPS of $1.38, supported by higher net interest income and loan growth. Deposits and shareholders' equity increased, while credit quality remained stable. Noninterest income and expenses rose compared to last year.