Community Trust Bancorp Management

Management criteria checks 4/4

Community Trust Bancorp's CEO is Mark Gooch, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is $1.14M, comprised of 57.5% salary and 42.5% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $4.24M. The average tenure of the management team and the board of directors is 14.3 years and 4.6 years respectively.

Key information

Mark Gooch

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	57.5%
CEO tenure	3.3yrs
CEO ownership	0.5%
Management average tenure	14.3yrs
Board average tenure	4.6yrs

Recent management updates

Here's Why Community Trust Bancorp, Inc.'s (NASDAQ:CTBI) CEO Might See A Pay Rise Soon

Apr 17

Recent updates

Here's Why Community Trust Bancorp, Inc.'s (NASDAQ:CTBI) CEO Might See A Pay Rise Soon

Apr 17

Community Trust Bancorp (NASDAQ:CTBI) Has Announced That It Will Be Increasing Its Dividend To $0.46

Aug 28

Community Trust Bancorp (NASDAQ:CTBI) Will Pay A Larger Dividend Than Last Year At $0.46

Aug 11

Community Trust Bancorp GAAP EPS of $1.08 misses by $0.08, revenue of $58.22M beats by $1.27M

Oct 19

Community Trust Bancorp: Provision Normalization To Hurt Earnings

Sep 21

Community Trust Bancorp (NASDAQ:CTBI) Is Increasing Its Dividend To $0.44

Sep 13

Community Trust Bancorp's (NASDAQ:CTBI) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 08

Community Trust Bancorp raises dividend by 10% to $0.44

Jul 27

Community Trust Bancorp GAAP EPS of $1.14 beats by $0.04, revenue of $55.29M misses by $0.06M

Jul 20

Community Trust Bancorp: Attractively Valued But Earnings Will Likely Dip This Year

Jul 06

Community Trust Bancorp: Too Cheap To Ignore

Mar 18

Community Trust Bancorp: Undervalued With A Positive Loan Growth Outlook

Dec 09

Community Trust Bancorp's (NASDAQ:CTBI) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 04

Community Trust Bancorp's (NASDAQ:CTBI) Upcoming Dividend Will Be Larger Than Last Year's

Sep 14

Community Trust Bancorp: Stock Will Rally When Rates Do

Aug 21

Community Trust Bancorp's (NASDAQ:CTBI) Dividend Will Be Increased To US$0.40

Aug 04

CEO Compensation Analysis

How has Mark Gooch's remuneration changed compared to Community Trust Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$79m
Jun 30 2024	n/a	n/a	US$77m
Mar 31 2024	n/a	n/a	US$77m
Dec 31 2023	US$1m	US$654k	US$78m
Sep 30 2023	n/a	n/a	US$82m
Jun 30 2023	n/a	n/a	US$81m
Mar 31 2023	n/a	n/a	US$81m
Dec 31 2022	US$2m	US$619k	US$82m
Sep 30 2022	n/a	n/a	US$79m
Jun 30 2022	n/a	n/a	US$80m
Mar 31 2022	n/a	n/a	US$84m
Dec 31 2021	US$1m	US$489k	US$88m
Sep 30 2021	n/a	n/a	US$85m
Jun 30 2021	n/a	n/a	US$81m
Mar 31 2021	n/a	n/a	US$77m
Dec 31 2020	US$708k	US$492k	US$60m
Sep 30 2020	n/a	n/a	US$60m
Jun 30 2020	n/a	n/a	US$58m
Mar 31 2020	n/a	n/a	US$56m
Dec 31 2019	US$752k	US$459k	US$65m
Sep 30 2019	n/a	n/a	US$64m
Jun 30 2019	n/a	n/a	US$65m
Mar 31 2019	n/a	n/a	US$58m
Dec 31 2018	US$781k	US$444k	US$59m
Sep 30 2018	n/a	n/a	US$58m
Jun 30 2018	n/a	n/a	US$56m
Mar 31 2018	n/a	n/a	US$56m
Dec 31 2017	US$676k	US$428k	US$51m

Compensation vs Market: Mark's total compensation ($USD1.14M) is below average for companies of similar size in the US market ($USD3.25M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Gooch (65 yo)

3.3yrs

Tenure

US$1,137,008

Compensation

Mr. Mark A. Gooch, CTB, CTIC, CTBI, is President at Community Trust Bancorp, Inc. since July 28, 2021 and served as its Secretary since 2021 until February 07, 2022. He serves as Chief Executive Officer of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Gooch	CEO, Chairman & President	3.3yrs	US$1.14m	0.45% $ 4.2m
Kevin Stumbo	Executive VP	19.6yrs	US$565.55k	0.18% $ 1.7m
James Draughn	Executive Vice President	23.8yrs	US$554.77k	0.065% $ 605.6k
Richard Newsom	Executive Vice President	22.8yrs	US$572.43k	0.24% $ 2.2m
Ricky Sparkman	Executive Vice President	22.8yrs	US$511.46k	0.22% $ 2.1m
Charles Hancock	Secretary	2.8yrs	no data	0.062% $ 583.0k
Steven Jameson	Executive VP and Chief Internal Audit & Risk Officer	20.8yrs	no data	no data
David Jones	Executive Vice President	14.8yrs	no data	0.13% $ 1.3m
Andy Waters	Executive Vice President	13.8yrs	no data	0.055% $ 513.3k
David Tackett	Executive Vice President	2.8yrs	no data	0.16% $ 1.5m
Billie Dollins	Executive Vice President	1.8yrs	no data	0.047% $ 438.8k
Mark Smith	Executive Vice President	less than a year	no data	0.11% $ 1.1m

14.3yrs

Average Tenure

62yo

Average Age

Experienced Management: CTBI's management team is seasoned and experienced (14.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Gooch	CEO, Chairman & President	2.8yrs	US$1.14m	0.45% $ 4.2m
E. Lowman	Director of Community Trust & Investment Company	no data	no data	no data
Charles Baird	Director	37.8yrs	US$66.10k	0.39% $ 3.7m
James McGhee	Independent Director	19.7yrs	US$73.30k	0.19% $ 1.7m
Franky Minnifield	Independent Director	4.6yrs	US$61.20k	0.11% $ 1.1m
Franklin Farris	Independent Director	5.8yrs	US$78.97k	0.014% $ 129.5k
Anthony St. Charles	Independent Director	13.9yrs	US$69.40k	0.056% $ 521.1k
Chad Street	Independent Director	3.6yrs	US$64.06k	0.034% $ 316.0k
Ina Matthews	Independent Director	3.6yrs	US$63.73k	no data
Eugenia Luallen	Independent Vice Chairman & Lead Independent Director	4.6yrs	US$71.30k	no data
Lillian Webb	Independent Director	less than a year	no data	no data
Jefferson Sandlin	Independent Director	less than a year	no data	0.0028% $ 26.5k

4.6yrs

Average Tenure

65yo

Average Age

Experienced Board: CTBI's board of directors are considered experienced (4.6 years average tenure).

Community Trust Bancorp Management

Management criteria checks 4/4

Key information

Recent management updates

Executive Vice President exercised options to buy US$504k worth of stock.

Executive Vice President recently sold US$546k worth of stock

Executive Vice President notifies of intention to sell stock

Here's Why Community Trust Bancorp, Inc.'s (NASDAQ:CTBI) CEO Might See A Pay Rise Soon

High number of new directors

Community Trust Bancorp, Inc., Annual General Meeting, Apr 23, 2024

Recent updates

Community Trust Bancorp (NASDAQ:CTBI) Has Affirmed Its Dividend Of $0.47

Third quarter dividend of US$0.47 announced

Community Trust Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on January 2, 2024

Community Trust Bancorp, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Community Trust Bancorp: Slow And Steady Can Win The Race

Upcoming dividend of US$0.47 per share

Community Trust Bancorp: Not Ready To Pull The Trigger

Executive Vice President exercised options to buy US$504k worth of stock.

Second quarter dividend increased to US$0.47

Executive Vice President recently sold US$546k worth of stock

Community Trust Bancorp, Inc. Increases its Quarterly Cash Dividend, Payable on October 1, 2024

Executive Vice President notifies of intention to sell stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Lock In Some Profit On Community Trust Bancorp After This Rally

Investor sentiment improves as stock rises 15%

Price target increased by 8.9% to US$49.00

Upcoming dividend of US$0.46 per share

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of US$0.46 announced

Community Trust Bancorp, Inc. Declares Its Cash Dividend, Payable July 1, 2024

Community Trust Bancorp: On The Rebound, But Not Undervalued Enough

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Here's Why Community Trust Bancorp, Inc.'s (NASDAQ:CTBI) CEO Might See A Pay Rise Soon

Community Trust Bancorp, Inc. Reports Unaudited Net Charge-Offs for the First Quarter Ended March 31, 2024

High number of new directors

Community Trust Bancorp, Inc., Annual General Meeting, Apr 23, 2024

Fourth quarter dividend of US$0.46 announced

Community Trust Bancorp, Inc. Declares Its Cash Dividend, Payable on April 1, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Executive Vice President recently bought US$107k worth of stock

Community Trust Bancorp, Inc. Announces the Appointment of Jeff Sandlin to Its Board of Directors

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Community Trust Bancorp, Inc. Announces Promotion of Executives, Effective January 1, 2024

Executive Vice President recently sold US$208k worth of stock

Upcoming dividend of US$0.46 per share at 4.5% yield

Community Trust Bancorp, Inc. Appoints Lillian (Kay) Webb to Its Board of Directors

Community Trust Bancorp, Inc. Declares Its Cash Dividend, Payable on January 1, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Executive Vice President recently bought US$81k worth of stock

Upcoming dividend of US$0.46 per share at 5.2% yield

Community Trust Bancorp (NASDAQ:CTBI) Has Announced That It Will Be Increasing Its Dividend To $0.46

Community Trust Bancorp (NASDAQ:CTBI) Will Pay A Larger Dividend Than Last Year At $0.46

Community Trust Bancorp, Inc. Declares a Quarterly Cash Dividend, Payable on October 1, 2023

Community Trust Bancorp, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.44 per share at 4.6% yield

Independent Chairman & Lead Director recently bought US$180k worth of stock

First quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 15% to US$45.00

Upcoming dividend of US$0.44 per share at 4.1% yield

Independent Director recently bought US$84k worth of stock

Community Trust Bancorp, Inc. Declares Cash Dividend, Payable on April 1, 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Price target increased to US$53.00

Upcoming dividend of US$0.44 per share

High number of new directors

Executive Vice President recently sold US$237k worth of stock

Executive Vice President notifies of intention to sell stock

Community Trust Bancorp, Inc. Declares Cash Dividend, Payable on January 1, 2023

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Community Trust Bancorp, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2022

Community Trust Bancorp GAAP EPS of $1.08 misses by $0.08, revenue of $58.22M beats by $1.27M

Community Trust Bancorp: Provision Normalization To Hurt Earnings

Community Trust Bancorp (NASDAQ:CTBI) Is Increasing Its Dividend To $0.44

Upcoming dividend of US$0.44 per share

Community Trust Bancorp's (NASDAQ:CTBI) Shareholders Will Receive A Bigger Dividend Than Last Year

Community Trust Bancorp, Inc. Increases Its Quarterly Cash Dividend Beginning with the October 1, 2022