Community Trust Bancorp, Inc. Reports Earnings for the 2nd Quarter 2023

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[{"type":"text","content":" PIKEVILLE, Ky.--(BUSINESS WIRE)--\nCommunity Trust Bancorp, Inc. (NASDAQ-CTBI):\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\n2023\n\n\n\n\n\n\n1Q\n2023\n\n\n\n\n\n\n2Q\n2022\n\n\n\n\n\n\nYTD\n2023\n\n\n\n\n\n\nYTD\n2022\n\n\n\n\n\n\n\n\nNet income\n\n\n\n\n\n\n$19,404\n\n\n\n\n\n\n$19,313\n\n\n\n\n\n\n$20,271\n\n\n\n\n\n\n$38,717\n\n\n\n\n\n\n$39,999\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$1.08\n\n\n\n\n\n\n$1.14\n\n\n\n\n\n\n$2.17\n\n\n\n\n\n\n$2.24\n\n\n\n\n\n\n\n\nEarnings per share - diluted\n\n\n\n\n\n\n$1.08\n\n\n\n\n\n\n$1.08\n\n\n\n\n\n\n$1.14\n\n\n\n\n\n\n$2.16\n\n\n\n\n\n\n$2.24\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\n1.41%\n\n\n\n\n\n\n1.44%\n\n\n\n\n\n\n1.49%\n\n\n\n\n\n\n1.42%\n\n\n\n\n\n\n1.48%\n\n\n\n\n\n\n\n\nReturn on average equity\n\n\n\n\n\n\n11.72%\n\n\n\n\n\n\n12.03%\n\n\n\n\n\n\n12.75%\n\n\n\n\n\n\n11.87%\n\n\n\n\n\n\n12.25%\n\n\n\n\n\n\n\n\nEfficiency ratio\n\n\n\n\n\n\n53.52%\n\n\n\n\n\n\n55.29%\n\n\n\n\n\n\n53.77%\n\n\n\n\n\n\n54.40%\n\n\n\n\n\n\n53.51%\n\n\n\n\n\n\n\n\nTangible common equity\n\n\n\n\n\n\n10.90%\n\n\n\n\n\n\n10.82%\n\n\n\n\n\n\n10.53%\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$0.44\n\n\n\n\n\n\n$0.44\n\n\n\n\n\n\n$0.40\n\n\n\n\n\n\n$0.88\n\n\n\n\n\n\n$0.80\n\n\n\n\n\n\n\n\nBook value per share\n\n\n\n\n\n\n$36.71\n\n\n\n\n\n\n$36.54\n\n\n\n\n\n\n$35.32\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\n17,884\n\n\n\n\n\n\n17,872\n\n\n\n\n\n\n17,835\n\n\n\n\n\n\n17,877\n\n\n\n\n\n\n17,827\n\n\n\n\n\n\n\n\nWeighted average shares - diluted\n\n\n\n\n\n\n17,890\n\n\n\n\n\n\n17,884\n\n\n\n\n\n\n17,843\n\n\n\n\n\n\n17,885\n\n\n\n\n\n\n17,838\n\n\n\n\n\n\n\nCommunity Trust Bancorp, Inc. (NASDAQ-CTBI) achieved earnings for the second quarter 2023 of $19.4 million, or $1.09 per basic share, compared to $19.3 million, or $1.08 per basic share, earned during the first quart...

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