Community Trust Bancorp, Inc. Reports Earnings for the 2nd Quarter 2024

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[{"type":"text","content":" PIKEVILLE, Ky.--(BUSINESS WIRE)--\nCommunity Trust Bancorp, Inc. (NASDAQ: CTBI):\n\n\nEarnings Summary\n\n\n\n\nEarnings Summary\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n(in thousands except per share data)\n\n\n\n\n\n\n2Q\n\n\n\n\n2024\n\n\n\n\n\n\n1Q\n2024\n\n\n\n\n\n\n2Q\n\n\n\n\n\n2023\n\n\n\n\n\n\nYTD\n\n\n\n\n\n2024\n\n\n\n\n\n\nYTD\n\n\n\n\n\n2023\n\n\n\n\n\n\n\n\nNet income\n\n\n\n\n\n\n$19,499\n\n\n\n\n\n\n$18,679\n\n\n\n\n\n\n$19,404\n\n\n\n\n\n\n$38,178\n\n\n\n\n\n\n$38,717\n\n\n\n\n\n\n\n\nEarnings per share\n\n\n\n\n\n\n$1.09\n\n\n\n\n\n\n$1.04\n\n\n\n\n\n\n$1.09\n\n\n\n\n\n\n$2.13\n\n\n\n\n\n\n$2.17\n\n\n\n\n\n\n\n\nEarnings per share - diluted\n\n\n\n\n\n\n$1.09\n\n\n\n\n\n\n$1.04\n\n\n\n\n\n\n$1.08\n\n\n\n\n\n\n$2.13\n\n\n\n\n\n\n$2.16\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nReturn on average assets\n\n\n\n\n\n\n1.35%\n\n\n\n\n\n\n1.30%\n\n\n\n\n\n\n1.41%\n\n\n\n\n\n\n1.33%\n\n\n\n\n\n\n1.42%\n\n\n\n\n\n\n\n\nReturn on average equity\n\n\n\n\n\n\n11.03%\n\n\n\n\n\n\n10.61%\n\n\n\n\n\n\n11.72%\n\n\n\n\n\n\n10.82%\n\n\n\n\n\n\n11.87%\n\n\n\n\n\n\n\n\nEfficiency ratio\n\n\n\n\n\n\n52.17%\n\n\n\n\n\n\n54.94%\n\n\n\n\n\n\n53.52%\n\n\n\n\n\n\n53.51%\n\n\n\n\n\n\n54.40%\n\n\n\n\n\n\n\n\nTangible common equity\n\n\n\n\n\n\n11.39%\n\n\n\n\n\n\n11.10%\n\n\n\n\n\n\n10.90%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nDividends declared per share\n\n\n\n\n\n\n$0.46\n\n\n\n\n\n\n$0.46\n\n\n\n\n\n\n$0.44\n\n\n\n\n\n\n$0.92\n\n\n\n\n\n\n$0.88\n\n\n\n\n\n\n\n\nBook value per share\n\n\n\n\n\n\n$39.91\n\n\n\n\n\n\n$39.28\n\n\n\n\n\n\n$36.71\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nWeighted average shares\n\n\n\n\n\n\n17,939\n\n\n\n\n\n\n17,926\n\n\n\n\n\n\n17,884\n\n\n\n\n\n\n17,932\n\n\n\n\n\n\n17,877\n\n\n\n\n\n\n\n\nWeighted average shares - diluted\n\n\n\n\n\n\n17,959\n\n\n\n\n\n\n17,943\n\n\n\n\n\n\n17,890\n\n\n\n\n\n\n17,951\n\n\n\n\n\n\n17,885\n\n\n\n\n\n\n\nCommunity Trust Bancorp, Inc. (NASDAQ-CTBI) achieved earnings for the second quarter 2024 of $19.5 million, or $1.09 per basic share, compared to $18.7 mil...

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