COMMUNITY TRUST BANCORP INC /KY/ (CTBI) Form 8-K — Oct 21, 2026
Community Trust Bancorp (NASDAQ: CTBI) reported Q3 2026 net income of $25.9 million, or $1.43 per basic share, up from $23.9 million ($1.33) a year ago but down from $29.6 million ($1.64) in Q2 2026. Nine-month net income rose to $82.7 million ($4.58 per share) from $70.8 million ($3.93) in the prior-year period. Credit costs drove the sequential decline: the provision for credit losses jumped to $9.2 million from $2.8 million in Q2, and net charge-offs rose to $6.6 million (0.50% of average loans annualized) versus 0.07% last quarter, largely tied to a $4.3 million charge-off after collateral on an $8.7 million commercial loan sold well below expectations at auction.
Key figures
- Eps
- 1.43
- Revenue
- $1.2 million above prior quarter; $8.2 million above prior year same quarter (total revenue change)
- Net Income
- 25890000
- Total Assets
- 7061572000
- Cash Position
- 59170000
- Shares Outstanding
- 18168000
- Ytd eps
- 4.58
- Diluted eps
- 1.43
- Total loans
- 5302868000
- Acl to loans
- 1.23%
- Ytd net income
- 82705000
- Net charge offs
- 6552000
- Efficiency ratio
- 45.90%
- Reserve coverage
- 289.3%
- Noninterest income
- 18648000
- Noninterest expense
- 36480000
- Nonperforming loans
- 22500000
- Shareholders equity
- 877335000
- Book value per share
- 48.29
- Return on avg assets
- 1.46%
- Return on avg equity
- 11.49%
- Net interest income q3
- 61056000
- Net interest margin fte
- 3.63%
- Total deposits and repo
- 6040994000
- Dividend yield annualized
- 3.83%
- Allowance for credit losses
- 65059000
- Provision for credit losses
- 9171000
- Dividends declared per share
- 0.71
- Net charge off ratio annualized
- 0.50%
AI analysis
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