Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Community Trust Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CTBI's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CTBI underperformed the US Banks industry which returned -16.7% over the past year.
Return vs Market: CTBI underperformed the US Market which returned 22.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Community Trust Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Much Did Community Trust Bancorp's(NASDAQ:CTBI) Shareholders Earn From Share Price Movements Over The Last Three Years?
1 month ago | Simply Wall StResults: Community Trust Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
1 month ago | Simply Wall StDoes Community Trust Bancorp, Inc. (NASDAQ:CTBI) Have A Place In Your Dividend Portfolio?
Is Community Trust Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTBI ($35.73) is trading below our estimate of fair value ($52.21)
Significantly Below Fair Value: CTBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTBI is good value based on its PE Ratio (10.6x) compared to the US Banks industry average (11.4x).
PE vs Market: CTBI is good value based on its PE Ratio (10.6x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: CTBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CTBI's PB Ratio (1x) is in line with the US Banks industry average.
How is Community Trust Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTBI's earnings are forecast to decline over the next 3 years (-5.7% per year).
Earnings vs Market: CTBI's earnings are forecast to decline over the next 3 years (-5.7% per year).
High Growth Earnings: CTBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CTBI's revenue (2.8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: CTBI's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTBI's Return on Equity is forecast to be low in 3 years time (7.8%).
How has Community Trust Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTBI has high quality earnings.
Growing Profit Margin: CTBI's current net profit margins (33%) are lower than last year (34.4%).
Past Earnings Growth Analysis
Earnings Trend: CTBI's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: CTBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTBI had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Banks industry average (-4.1%).
Return on Equity
High ROE: CTBI's Return on Equity (9.3%) is considered low.
How is Community Trust Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CTBI's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: CTBI has a sufficient allowance for bad loans (161%).
Low Risk Liabilities: 89% of CTBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: CTBI has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: CTBI's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: CTBI has an appropriate level of bad loans (0.8%).
What is Community Trust Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CTBI's dividend (4.31%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: CTBI's dividend (4.31%) is in the top 25% of dividend payers in the US market (4.1%)
Stability and Growth of Payments
Stable Dividend: CTBI's dividends per share have been stable in the past 10 years.
Growing Dividend: CTBI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.3%), CTBI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTBI's dividends in 3 years are forecast to be covered by earnings (51.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jean Hale (73 yo)
Ms. Jean R. Hale has been Director of Community Trust Bancorp Inc. since 1993 and as its Chairman since 2004. She has been President and Chief Executive Officer of Community Trust Bancorp Inc. since 1999. ...
CEO Compensation Analysis
Compensation vs Market: Jean's total compensation ($USD1.15M) is below average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: Jean's compensation has been consistent with company performance over the past year.
|Executive VP||no data||US$441.31k||0.13% |
|Executive Vice President||19.92yrs||US$448.33k||0.20% |
|Executive Vice President||18.25yrs||US$440.75k||0.071% |
|Executive VP & Secretary||15.67yrs||US$752.18k||0.36% |
|Executive Vice President||18.92yrs||no data||0.0097% |
|Executive Vice President||18.92yrs||no data||0.18% |
|Executive Vice President||18.92yrs||no data||0.16% |
|Executive Vice President||16.92yrs||no data||no data|
|Executive Vice President||10.92yrs||no data||0.097% |
|Executive Vice President||9.92yrs||no data||0.036% |
|Executive Vice President||6.67yrs||no data||0.040% |
Experienced Management: CTBI's management team is seasoned and experienced (18.3 years average tenure).
|Director of Community Trust Bank||no data||no data||no data|
|Director of Community Trust & Investment Company||no data||no data||no data|
|Lead Independent Director||no data||US$52.20k||0.98% |
|Independent Director||12yrs||US$53.00k||0.017% |
|Independent Director||15.75yrs||US$52.00k||0.16% |
|Independent Director||0.67yr||no data||0.052% |
|Independent Director||1.83yrs||US$45.82k||0.0093% |
|Independent Director||10yrs||US$46.50k||0.055% |
|Director of Community Trust Bank||no data||no data||no data|
|Independent Director||0.67yr||no data||no data|
Experienced Board: CTBI's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CTBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Community Trust Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Community Trust Bancorp, Inc.
- Ticker: CTBI
- Exchange: NasdaqGS
- Founded: 1903
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$636.366m
- Shares outstanding: 17.81m
- Website: https://www.ctbi.com
Number of Employees
- Community Trust Bancorp, Inc.
- 346 North Mayo Trail
- P.O. Box 2947
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTBI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1987|
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company acce...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/05 00:11|
|End of Day Share Price||2020/12/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.