Community Trust Bancorp Inc /Ky/ - Understand $ctbi stock

$CTBI Market Cap: $1.07 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$231.5M

TTM

Gross Margin

Net Earnings

$78.98M

TTM

Current Assets

Current Liabilities

$248.9M

Q3 2024

Current Ratio

Total Assets

$5.963B

Q3 2024

Total Liabilities

$5.202B

Q3 2024

Book Value

$760.8M

Q3 2024

Cash

$240.9M

Q3 2024

P/E

13.54

Nov 29, 2024 EST

Free Cash Flow

$96.39M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$268.7M	$197.7M	$178.2M	$176.4M	$185.4M	$171.5M	$155.7M
YoY Change	35.86%	10.99%	0.98%	-4.83%	8.14%	10.12%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$268.7M	$197.7M	$178.2M	$176.4M	$185.4M	$171.5M	$155.7M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.600M	$3.300M	$3.200M	$3.500M	$3.800M	$3.800M	$3.900M	$3.900M	$3.900M	$4.300M	$4.600M	$4.300M	$4.200M	$4.400M	$5.200M	$5.100M	$5.700M	$5.800M	$5.100M	$4.500M	$4.400M	$4.500M	$7.500M	$7.100M	$7.700M	$5.700M	$4.800M	$4.900M	$3.900M	$3.500M	$2.900M	$2.700M	$2.500M	$2.200M	$1.800M	$1.200M
YoY Change	9.09%	3.13%	-8.57%	-7.89%	0.0%	-2.56%	0.0%	0.0%	-9.3%	-6.52%	6.98%	2.38%	-4.55%	-15.38%	1.96%	-10.53%	-1.72%	13.73%	13.33%	2.27%	-2.22%	-40.0%	5.63%	-7.79%	35.09%	18.75%	-2.04%	25.64%	11.43%	20.69%	7.41%	8.0%	13.64%	22.22%	50.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$95.54M	$28.64M	$15.09M	$25.45M	$40.51M	$29.30M	$18.29M
YoY Change	233.59%	89.79%	-40.71%	-37.18%	38.29%	60.13%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$98.57M	$101.0M	$110.6M	$70.27M	$71.99M	$70.54M	$68.51M	$66.50M	$65.00M	$62.40M	$65.20M	$65.10M	$55.60M	$47.60M	$35.70M	$31.40M	$53.00M	$55.60M	$49.80M	$43.90M	$40.90M	$39.80M	$32.80M	$32.60M	$31.30M	$17.90M	$23.90M	$27.30M	$15.40M	$10.50M	$20.40M	$16.80M	$9.900M	$7.000M	$11.10M	$8.100M	$5.700M	$4.800M	$4.200M	$4.500M	$4.000M
YoY Change	-2.45%	-8.68%	57.47%	-2.4%	2.06%	2.96%	3.02%	2.31%	4.17%	-4.29%	0.15%	17.09%	16.81%	33.33%	13.69%	-40.75%	-4.68%	11.65%	13.44%	7.33%	2.76%	21.34%	0.61%	4.15%	74.86%	-25.1%	-12.45%	77.27%	46.67%	-48.53%	21.43%	69.7%	41.43%	-36.94%	37.04%	42.11%	18.75%	14.29%	-6.67%	12.5%
Income Tax	$20.56M	$19.23M	$22.70M	$10.76M	$7.452M	$11.31M	$17.02M	$19.10M	$18.50M	$19.10M	$20.00M	$20.20M	$16.80M	$14.60M	$10.60M	$8.300M	$16.40M	$16.60M	$15.40M	$12.90M	$12.00M	$12.20M	$10.50M	$10.30M	$9.500M	$3.900M	$7.900M	$8.500M	$4.600M	$2.300M	$5.500M	$4.700M	$2.000M	$1.600M	$2.200M	$1.300M	$700.0K	$600.0K	$300.0K	$400.0K	$400.0K
% Of Pretax Income	20.86%	19.03%	20.52%	15.31%	10.35%	16.04%	24.84%	28.72%	28.46%	30.61%	30.67%	31.03%	30.22%	30.67%	29.69%	26.43%	30.94%	29.86%	30.92%	29.38%	29.34%	30.65%	32.01%	31.6%	30.35%	21.79%	33.05%	31.14%	29.87%	21.9%	26.96%	27.98%	20.2%	22.86%	19.82%	16.05%	12.28%	12.5%	7.14%	8.89%	10.0%
Net Earnings	$78.00M	$81.81M	$87.94M	$59.50M	$64.54M	$59.23M	$51.49M	$47.30M	$46.40M	$43.30M	$45.20M	$44.90M	$38.80M	$33.00M	$25.10M	$23.10M	$36.60M	$39.10M	$34.40M	$31.00M	$28.90M	$27.60M	$22.30M	$22.30M	$21.80M	$14.00M	$19.10M	$18.80M	$10.80M	$8.200M	$14.80M	$12.00M	$8.200M	$5.500M	$9.000M	$6.900M	$5.000M	$4.200M	$3.900M	$4.100M	$3.600M
YoY Change	-4.66%	-6.97%	47.79%	-7.8%	8.97%	15.02%	8.86%	1.94%	7.16%	-4.2%	0.67%	15.72%	17.58%	31.47%	8.66%	-36.89%	-6.39%	13.66%	10.97%	7.27%	4.71%	23.77%	0.0%	2.29%	55.71%	-26.7%	1.6%	74.07%	31.71%	-44.59%	23.33%	46.34%	49.09%	-38.89%	30.43%	38.0%	19.05%	7.69%	-4.88%	13.89%
Net Earnings / Revenue	29.04%	41.37%	49.36%	33.72%	34.81%	34.55%	33.07%
Basic Earnings Per Share	$4.36	$4.59	$4.94	$3.35	$3.64	$3.35	$2.92
Diluted Earnings Per Share	$4.36	$4.583M	$4.94	$3.35	$3.64	$3.35	$2.92	$2.687M	$2.651M	$2.489M	$2.628M	$2.626M	$2.296M	$1.964M	$1.503M	$1.383M	$2.166M	$2.327M	$2.060M	$1.867M	$1.752M	$1.643M	$1.320M	$1.274M	$1.218M	$782.1K	$1.067M	$1.056M	$617.1K	$488.1K	$913.6K	$857.1K	$585.7K	$433.1K	$720.0K	$552.0K	$458.7K	$385.3K	$357.8K	$376.1K	$330.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$61.01M	$59.70M	$52.60M	$55.20M	$58.60M	$45.30M	$46.30M	$47.90M	$48.20M	$50.00M	$52.00M	$54.30M	$54.30M	$55.30M	$49.20M	$51.60M	$53.40M	$55.70M	$58.00M	$53.10M	$50.00M	$50.80M	$51.10M	$49.00M	$52.10M	$54.80M	$47.70M	$46.30M	$47.60M	$38.80M	$35.90M	$31.40M	$31.70M	$28.50M	$19.90M	$16.20M	$12.10M	$9.800M	$10.30M	$10.80M	$11.20M
YoY Change	2.19%	13.51%	-4.71%	-5.8%	29.36%	-2.16%	-3.34%	-0.62%	-3.6%	-3.85%	-4.24%	0.0%	-1.81%	12.4%	-4.65%	-3.37%	-4.13%	-3.97%	9.23%	6.2%	-1.57%	-0.59%	4.29%	-5.95%	-4.93%	14.88%	3.02%	-2.73%	22.68%	8.08%	14.33%	-0.95%	11.23%	43.22%	22.84%	33.88%	23.47%	-4.85%	-4.63%	-3.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$28.14M	$39.88M																												$0.00	$1.200M	$1.200M	$400.0K	$0.00	$0.00	$100.0K	$300.0K	$400.0K	$600.0K	$400.0K	$0.00
YoY Change	-29.43%																													-100.0%	0.0%	200.0%			-100.0%	-66.67%	-25.0%	-33.33%	50.0%
Total Long-Term Assets
YoY Change
Total Assets	$5.770B	$5.380B	$5.418B	$5.139B	$4.366B	$4.202B	$4.136B	$3.932B	$3.904B	$3.724B	$3.582B	$3.636B	$3.591B	$3.356B	$3.087B	$2.955B	$2.903B	$2.970B	$2.851B	$2.709B	$2.474B	$2.488B	$2.504B	$2.264B	$2.176B	$2.248B	$1.853B	$1.840B	$1.730B	$1.499B	$1.353B	$1.283B	$1.240B	$1.144B	$765.6M	$668.1M	$525.2M	$377.2M	$350.2M	$323.3M	$314.3M
YoY Change
Accounts Payable	$7.389M	$2.237M	$1.000M	$1.200M	$2.800M
YoY Change	230.31%	123.7%	-16.67%	-57.14%
Accrued Expenses	$16.39M	$17.63M	$11.60M	$12.50M	$13.70M
YoY Change	-7.01%	51.97%	-7.2%	-8.76%
Deferred Revenue
YoY Change
Short-Term Debt	$225.2M	$215.4M	$271.6M	$356.4M	$234.8M	$233.9M	$251.1M	$255.9M	$254.8M	$246.2M	$220.5M	$222.4M	$230.3M	$198.0M	$192.7M	$168.9M	$177.3M	$177.6M	$146.6M	$92.60M	$105.3M	$68.40M	$82.60M	$59.00M	$51.10M	$43.40M	$57.90M	$69.00M	$20.40M	$31.20M	$32.30M	$24.00M	$34.40M	$20.20M	$8.100M	$11.70M	$12.50M	$8.200M	$9.800M	$4.800M	$10.00M
YoY Change	4.56%	-20.68%	-23.79%	51.79%	0.38%	-6.85%	-1.88%	0.43%	3.49%	11.66%	-0.85%	-3.43%	16.31%	2.75%	14.09%	-4.74%	-0.17%	21.15%	58.32%	-12.06%	53.95%	-17.19%	40.0%	15.46%	17.74%	-25.04%	-16.09%	238.24%	-34.62%	-3.41%	34.58%	-30.23%	70.3%	149.38%	-30.77%	-6.4%	52.44%	-16.33%	104.17%	-52.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$241.6M	$17.63M	$12.60M	$13.70M	$16.50M	$233.9M	$251.1M	$255.9M	$254.8M	$246.2M	$220.5M	$222.4M	$230.3M	$198.0M	$192.7M	$168.9M	$177.3M	$177.6M	$146.6M	$92.60M	$105.3M	$68.40M	$82.60M	$59.00M	$51.10M	$43.40M	$57.90M	$69.00M	$20.40M	$31.20M	$32.30M	$24.00M	$34.40M	$100.0K	$8.100M	$11.70M	$12.50M	$8.200M	$9.800M	$4.800M	$10.00M
YoY Change	1270.76%	39.9%	-8.03%	-16.97%	-92.95%	-6.85%	-1.88%	0.43%	3.49%	11.66%	-0.85%	-3.43%	16.31%	2.75%	14.09%	-4.74%	-0.17%	21.15%	58.32%	-12.06%	53.95%	-17.19%	40.0%	15.46%	17.74%	-25.04%	-16.09%	238.24%	-34.62%	-3.41%	34.58%	-30.23%	34300.0%	-98.77%	-30.77%	-6.4%	52.44%	-16.33%	104.17%	-52.0%
Long-Term Debt	$65.08M	$58.70M	$59.30M	$59.30M	$59.30M	$59.30M	$59.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$61.30M	$59.50M	$59.50M	$60.60M	$47.90M	$48.10M	$48.20M	$53.80M	$53.50M	$19.10M	$27.90M	$24.90M	$35.30M	$36.30M	$38.10M	$40.90M	$29.00M	$27.60M	$16.10M	$9.500M	$9.900M	$10.10M	$10.40M
YoY Change	10.87%	-1.02%	0.0%	0.0%	0.0%	0.0%	-3.26%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.03%	0.0%	-1.82%	26.51%	-0.42%	-0.21%	-10.41%	0.56%	180.1%	-31.54%	12.05%	-29.46%	-2.75%	-4.72%	-6.85%	41.03%	5.07%	71.43%	69.47%	-4.04%	-1.98%	-2.88%
Other Long-Term Liabilities	$36.15M	$34.37M	$31.40M	$33.70M	$29.30M	$34.50M	$25.90M	$24.20M	$21.40M	$32.90M	$31.00M	$30.00M	$23.20M	$24.40M	$21.20M	$20.60M	$21.50M	$21.10M	$19.50M	$18.00M	$17.00M	$16.10M			$10.10M	$13.50M	$16.40M	$15.40M	$17.00M	$10.60M	$9.500M	$8.000M	$6.600M	$8.100M	$6.700M	$5.300M	$3.800M	$2.700M	$2.700M	$3.700M	$3.500M
YoY Change	5.18%	9.46%	-6.82%	15.02%	-15.07%	33.2%	7.02%	13.08%	-34.95%	6.13%	3.33%	29.31%	-4.92%	15.09%	2.91%	-4.19%	1.9%	8.21%	8.33%	5.88%	5.59%				-25.19%	-17.68%	6.49%	-9.41%	60.38%	11.58%	18.75%	21.21%	-18.52%	20.9%	26.42%	39.47%	40.74%	0.0%	-27.03%	5.71%
Total Long-Term Liabilities	$101.2M	$93.07M	$90.70M	$93.00M	$88.60M	$93.80M	$85.20M	$85.50M	$82.70M	$94.20M	$92.30M	$91.30M	$84.50M	$85.70M	$82.50M	$81.90M	$82.80M	$82.40M	$80.80M	$77.50M	$76.50M	$76.70M	$47.90M	$48.10M	$58.30M	$67.30M	$69.90M	$34.50M	$44.90M	$35.50M	$44.80M	$44.30M	$44.70M	$49.00M	$35.70M	$32.90M	$19.90M	$12.20M	$12.60M	$13.80M	$13.90M
YoY Change	8.77%	2.61%	-2.47%	4.97%	-5.54%	10.09%	-0.35%	3.39%	-12.21%	2.06%	1.1%	8.05%	-1.4%	3.88%	0.73%	-1.09%	0.49%	1.98%	4.26%	1.31%	-0.26%	60.13%	-0.42%	-17.5%	-13.37%	-3.72%	102.61%	-23.16%	26.48%	-20.76%	1.13%	-0.89%	-8.78%	37.25%	8.51%	65.33%	63.11%	-3.17%	-8.7%	-0.72%
Total Liabilities	$5.067B	$4.752B	$4.720B	$4.484B	$3.751B	$3.638B	$3.606B	$3.432B	$3.428B	$3.276B	$3.169B	$3.235B	$3.224B	$3.017B	$2.765B	$2.646B	$2.601B	$2.687B	$2.597B	$2.473B	$2.253B	$2.279B	$2.312B	$2.083B	$2.004B	$2.083B	$1.695B	$1.695B	$1.596B	$1.383B	$1.257B	$1.197B	$1.164B	$1.076B	$707.9M	$621.0M	$481.9M	$336.9M	$312.5M	$288.1M	$282.0M
YoY Change	6.63%	0.68%	5.26%	19.55%	3.12%	0.89%	5.07%	0.09%	4.66%	3.37%	-2.04%	0.34%	6.86%	9.11%	4.49%	1.73%	-3.2%	3.48%	5.02%	9.78%	-1.14%	-1.46%	11.03%	3.93%	-3.82%	22.93%	-0.04%	6.2%	15.45%	10.04%	4.98%	2.82%	8.21%	51.98%	13.99%	28.86%	43.04%	7.81%	8.47%	2.16%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	17.89M	17.84M	17.79M	17.75M	17.72M	17.69M	17.63M
Diluted Shares Outstanding	17.90M	17.85M	17.80M	17.76M	17.74M	17.70M	17.65M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.0698 Billion

About COMMUNITY TRUST BANCORP INC /KY/

Community Trust Bancorp, Inc. is a bank holding company, which engages in the provision of community banking services through its subsidiary Community Trust Bank, Inc. The company is headquartered in Pikeville, Kentucky and currently employs 943 full-time employees. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky. CTBI is engaged in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage and personal loans.

Industry: State Commercial Banks Peers: BYLINE BANCORP, INC. Stellar Bancorp, Inc. FARMERS & MERCHANTS BANCORP FIRST BANCSHARES INC /MS/ GREAT SOUTHERN BANCORP, INC. HORIZON BANCORP INC /IN/ Metropolitan Bank Holding Corp. PEOPLES BANCORP INC PNC FINANCIAL SERVICES GROUP, INC.