earnings
confidence high
sentiment neutral
materiality 0.75
Community Trust Bancorp Q3 net income $22.1M ($1.23 EPS), up 7.3% QoQ
COMMUNITY TRUST BANCORP INC /KY/
2024-Q3 EPS reported
$3.36
- Net income $22.1M vs $19.5M Q2 2024 and $20.6M Q3 2023; EPS $1.23 vs $1.09 prior quarter.
- Net interest income $47.2M (+3.3% QoQ, +9.4% YoY); net interest margin 3.39% (+1bp QoQ, +12bp YoY).
- Loans $4.35B (+8.3% annualized QoQ); deposits $5.07B (+8.8% annualized QoQ).
- Nonperforming loans $25.1M, up from $19.8M at June 30 and $13.0M a year ago.
- Net charge-offs $1.5M (0.14% annualized) vs $1.4M prior quarter; provision $2.7M.