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Community Trust Bancorp: Q2 Earnings Snapshot

Community Trust Bancorp: Q2 Earnings Snapshot

By AP News
Published - Jul 19, 2023, 08:39 AM ET
Last Updated - Jul 19, 2023, 08:39 AM EDT

PIKEVILLE, Ky. (AP) — PIKEVILLE, Ky. (AP) — Community Trust Bancorp Inc. (CTBI) on Wednesday reported net income of $19.4 million in its second quarter.

The bank, based in Pikeville, Kentucky, said it had earnings of $1.08 per share.

The bank holding company for Community Trust Bank posted revenue of $79.6 million in the period. Its revenue net of interest expense was $57.8 million, which did not meet Street forecasts.

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