-+ 0.00%
-+ 0.00%
-+ 0.00%
Community Trust Bancorp: Q2 Earnings Snapshot
Share
Listen to the news

PIKEVILLE, Ky. (AP) — PIKEVILLE, Ky. (AP) — Community Trust Bancorp Inc. (CTBI) on Wednesday reported second-quarter earnings of $29.6 million.

The Pikeville, Kentucky-based bank said it had earnings of $1.64 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The bank holding company for Community Trust Bank posted revenue of $108.8 million in the period. Its revenue net of interest expense was $78.5 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $76.3 million.

_____

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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending