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Community Trust Bancorp: Q4 Earnings Snapshot
By AP News - Jan 15, 2025, 08:52 AM ET
Last Updated - Jan 15, 2025, 08:52 AM EST
PIKEVILLE, Ky. (AP) — PIKEVILLE, Ky. (AP) — Community Trust Bancorp Inc. (CTBI) on Wednesday reported fourth-quarter earnings of $22.5 million.
The Pikeville, Kentucky-based bank said it had earnings of $1.25 per share.
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The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The bank holding company for Community Trust Bank posted revenue of $98.1 million in the period. Its revenue net of interest expense was $66 million, also topping Street forecasts.
For the year, the company reported profit of $82.8 million, or $4.61 per share. Revenue was reported as $249.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTBI at https://www.zacks.com/ap/CTBI
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