Community Trust Bancorp, Inc. · NASDAQ:CTBI
Community Trust Bancorp — Shareholder Meeting (April 2026)
54 slides from Community Trust Bancorp's shareholder meeting presentation, Apr 28, 2026
Slide 1: Community Trust Bancorp, Inc. Presentation
Z Community Trust Bancorp, Inc. TATION
Slide 2: Directors
Directors CTBI Directors Mark A Gooch, Chairman Eugenia “Crit” Luallen, Vice Chairman David L. Baird Ina Michelle Matthews James E. McGhee II Franky Minnifield Jefferson F. Sandlin Anthony St. Charles Chad C. Street Lillian “Kay” Webb 2 CTB Directors Mark A. Gooch, Chairman Ina Michelle Matthews Jam
Slide 3: Executive Officers
Executive Officers 3 Mark A. Gooch Chairman, President, and CEO Richard W. Newsom CTB President Andy D. Waters CTIC President and CEO Kevin J. Stumbo EVP/Chief Financial Officer Tracy A. Wesley EVP/Chief Internal Audit and Risk Officer Mark E. Smith EVP/Chief Credit Officer Thomas E. McCoy EVP/Opera
Slide 4: Cautionary Statement
Cautionary Statement Information provided herein by CTBI contains “forward-looking” information. CTBI cautions that any forward-looking statements made are not guarantees of future performance and that actual results may differ materially from those in the forward-looking statements. Please refer to
Slide 5: 2025 Key Metrics
2025 Key Metrics Total Assets $6.7 billion Market Capitalization $1.0 billion Cash Dividend Yield 3.75% P/E Ratio 10.4x Price to Book Value 1.2x Price to Tangible Book Value 1.3x Tangible Common Equity Ratio 11.94% Competitive Position 3rd largest Kentucky domiciled bank holding company 2nd in Kentu
Slide 6: Our Banking Franchise
Our Banking Franchise Central Region Eastern Region Northeastern Region Loans - $1.2 billion Loans - $1.0 billion Loans - $0.6 billion Deposits - $1.5 billion Deposits - $2.2 billion Deposits - $0.8 billion • Danville • Floyd/Knott/Johnson • Advantage Valley • Lexington • Hazard • Ashland • Mt. Ster
Slide 7: Trust Assets Under Management & Trust Revenue
Trust Assets Under Management & Trust Revenue Includes CTB portfolio Assets in billions Revenue in millions 7
Slide 8: 2025 Performance
2026 ANNUAL SHAREHOLDERS’ PRESENTATION 2025 Performance
Slide 9: 2025 Performance Summary
2025 Performance Summary Goals Results Earnings $88.0 - $91.6 million $98.1 million EPS $4.86 - $5.06 per share $5.44 per share ROAA 1.41% - 1.46% 1.53% ROAE 11.17% - 11.62% 12.07% Assets $6.19 - $6.57 billion $6.68 billion Loans $4.53 - $4.71 billion $4.89 billion Deposits $5.32 - $5.54 billion $5.
Slide 10: Shareholder Value
2026 ANNUAL SHAREHOLDERS’ PRESENTATION Shareholder Value
Slide 11: Dividends Per Share
Dividends Per Share 2025 cash dividends increased 7.5% Dividend payout ratio for 2025 was 36.8% Desired level between 40% and 50% December 31, 2025 cash dividend yield was 3.75% Cash dividend increased to $0.53 per share effective October 1, 2025 11
Slide 12: Shareholders' Equity
Shareholders’ Equity Shareholders’ equity has increased 22.6% during the past five years 5.5% compound growth rate for the past five years (in millions) 12 5.5%
Slide 13: Book Value Per Share; Tangible Common Equity/Assets
Book Value Per Share Tangible Common Equity/Assets 13
Slide 14: Cumulative Total Return Comparison
5 Year Cumulative Total ReturnComparison of CTBI, NASDAQ Stock Market (U.S.), and NASDAQ Bank Stocks An investment in CTBI stock on December 31, 2020 would have underperformed the NASDAQ Stock Market (U.S.) and the NASDAQ Bank Stocks Index at December 31, 2025. 14
Slide 15: Comparison to Russell 2000 Index
Comparison to Russell 2000 Indexof Small Cap Companies 3-, 5-, and 10-year total returns annualized Return to Investors December 31, 2025 15
Slide 16: Core Value Long-Term Investment
Core Value Long-Term Investment 12 stock splits and 10 stock dividends 45 years of consecutive increases in cash dividends 5-year compound growth rate of cash dividends 5.5% Stock included in the NASDAQ Global Select Market, NASDAQ Dividend Achievers Index, and NASDAQ Bank Stock Index CTBI sharehold
Slide 17: CTBI's Franchise Value
CTBI’s Franchise Value History of solid investor returns Historically strong capital position Investor focused dividend policy Dividend Achievers Index Consistent financial performance Community banking strategy Economic diversity in the markets we serve Strong experienced management team and nearly
Slide 18: Balance Sheet Review
2026 ANNUAL SHAREHOLDERS’ PRESENTATION Balance Sheet Review
Slide 19: Total Assets
Total Assets Total assets at 12/31/25 increased $490.9 million, or 7.9%, from 12/31/24 Loans increased $408.3 million or 9.1% Investment portfolio increased $65.4 million or 6.2% Deposits, including repurchase agreements, increased $387.5 million or 7.3% (in billions) 19
Slide 20: Total Loans
Total Loans Total loans at 12/31/25 increased 9.1% from 12/31/24 Loan and line of credit production for the year totaled $1.1 billion (in billions) 20 Loan Portfolio Mix December 31, 2025 Loan Rate Mix December 31, 2025
Slide 21: Concentrations of Credit
Concentrations of Creditas a % of Total Loans December 31, 2025 21
Slide 22: Indirect Lending
Indirect Lending (in millions) 22
Slide 23: Net Charge-offs; Nonperforming Loans
Net Charge-offsas a % of Average Loans Peer data obtained from the Federal Reserve Bank Holding Company Performance Report as of 12/31/2025 for bank holding companies with consolidated assets of $3 billion to $10 billion. Nonperforming Loansas a % of Total Loans 23
Slide 24: Nonperforming Assets; Loan Loss Reserve
Nonperforming Assetsas a % of Total Assets $3.1 million in other real estate owned Loan Loss Reserve as a % of Net Loans Peer data obtained from the Federal Reserve Bank Holding Company Performance Report as of 12/31/2025 for bank holding companies with consolidated assets of $3 billion to $10 billi
Slide 25: Total Deposits including Repurchase Agreements
Total Depositsincluding Repurchase Agreements (in billions) December 31, 2025 25
Slide 26: Earnings Review
2026 ANNUAL SHAREHOLDERS’ PRESENTATION Earnings Review
Slide 27: Earnings Per Share
Earnings Per Share EPS increased 18.0% from 2024 to 2025 27
Slide 28: Return on Average Assets
Return on Average Assets Peer data obtained from the Federal Reserve Bank Holding Company Performance Report as of 12/31/2025 for bank holding companies with consolidated assets of $3 billion to $10 billion. 28
Slide 29: Net Income
Net Income Net income increased 18.4% from 2024 to 2025 (in millions) 29
Slide 30: Revenues
Revenues Revenues increased 13.7% from 2024 to 2025 (in millions) 30
Slide 31: Noninterest Income as a % of Total Revenue
Noninterest Incomeas a % of Total Revenue Noninterest income increased 1.7% from 2024 to 2025 Increases in trust revenue, insurance commissions, and net gains on the sale of fixed assets (in millions) 31
Slide 32: Net Interest Revenue
Net Interest Revenue Net interest revenue increased by 17.7% from 2024 to 2025 Net interest margin increased 26 basis points Average earning assets increased $507.6 million, or 9.1% (in millions) 32
Slide 33: Net Interest Margin
Net Interest Margin Peer data obtained from the Federal Reserve Bank Holding Company Performance Report as of 12/31/2025 for bank holding companies with consolidated assets of $3 billion to $10 billion. 33 Dec ’25 Sept ’25 Jun ’25 Mar ’25 Dec ’24 Net Interest Margin 3.67% 3.60% 3.64% 3.57% 3.43% Yie
Slide 34: Net Noninterest Expense and Efficiency Ratio
Net Noninterest Expenseas a % of Average Earning Assets Peer data obtained from the Federal Reserve Bank Holding Company Performance Report as of 12/31/2025 for bank holding companies with consolidated assets of $3 billion to $10 billion. (in millions) Noninterest Expense & Efficiency Ratio (in mill
Slide 35: 1st Quarter 2026 Review
2026 ANNUAL SHAREHOLDERS’ PRESENTATION 1st Quarter 2026 Review
Slide 36: Key Metrics – 1st Quarter 2026
Key Metrics – 1st Quarter 2026 Total Assets $6.7 billion Market Capitalization $1.1 billion Cash Dividend Yield 3.49% P/E Ratio 9.9x Price to Book Value 1.3x Price to Tangible Book Value 1.4x Tangible Common Equity Ratio 12.07% Financial data as of March 31, 2026 36
Slide 37: Total Assets
Total Assets Total assets at 3/31/26 increased $57.0 million, or an annualized 3.4%, during the first quarter Loans increased $95.9 million Investment portfolio decreased $33.0 million Deposits in other banks decreased $33.8 million 37 (in billions)
Slide 38: Total Loans
Total Loans Increased at an annualized rate of 7.9% during the quarter Increased from prior year first quarter 7.6% 38 (in billions)
Slide 39: Nonperforming Loans as a % of Total Loans
Nonperforming Loansas a % of Total Loans 39
Slide 40: Nonperforming Assets as a % of Total Assets
Nonperforming Assetsas a % of Total Assets 40
Slide 41: Net Charge-offs as a % of Average Loans
Net Charge-offsas a % of Average Loans (annualized) 41
Slide 42: Allowance for Credit Losses
Allowance for Credit Losses Provision for loan losses for the quarter was $2.3 million, compared to $2.9 million for the quarter ended December 31, 2025 and $3.6 million for the first quarter 2025. Our reserve coverage (allowance for credit losses to nonperforming loans) at March 31, 2026 was 295.8%
Slide 43: Total Deposits including Repurchase Agreements
Total Depositsincluding Repurchase Agreements Increased an annualized 2.5% from prior quarter Increased 7.0% from prior year first quarter 43 (in billions)
Slide 44: Earnings Per Share
Earnings Per Share Mar ‘25 Jun '25 Sept '25 $1.51 Dec '25 $1.51 Mar '26 44
Slide 45: Net Income
Net Income (in millions) $22.0 Mar ‘25 $24.9 Jun ‘25 Sept '25 $27.3 Dec '25 $27.2 Mar '26 45
Slide 46: Earnings
Earnings Net interest income for the quarter of $58.8 million was $0.7 million, or 1.1%, above prior quarter and $7.5 million, or 14.7%, above first quarter 2025. Provision for loan losses for the quarter of $2.3 million decreased $0.6 from prior quarter and $1.3 million from prior year same quarter
Slide 47: Noninterest Income
Noninterest Income QoQ decreases in net securities gains, net gains on the sale of fixed assets, and deposit related fees, partially offset by an increase in bank owned life insurance revenue YoY increases in bank owned life insurance revenue, trust and wealth management income, and deposit related
Slide 48: Noninterest Expense
Noninterest Expense QoQ increases in occupancy and equipment expense and repossession expense, partially offset by a decreases in contribution expense and operating losses YoY increase in salaries and other employee benefits, including bonuses and the cost of group medical and life insurance 48 (in
Slide 49: Efficiency Ratio
Efficiency Ratio 51.86% 50.70% Mar ‘25 Jun '25 50.86% Sept '25 Dec '25 Mar '26 49
Slide 50: Key Strategic Initiatives
2026 ANNUAL SHAREHOLDERS’ PRESENTATION Key Strategic Initiatives
Slide 51: Operational Priorities
Operational Priorities Continue to build core earnings capacity Quality loan growth Low cost deposit growth Seek potential acquisition partner Branch expansion in growth markets Manage net interest margin Operational efficiency Expense control Noninterest revenue growth Compliance management Increas
Slide 52: 2026 Goals
2026 Goals Earnings $105.1 - $109.3 million EPS $5.78 - $6.02 per share ROAA 1.53% - 1.59% ROAE 11.67% - 12.15% Assets $6.80 - $7.23 billion Loans $5.02 - $5.22 billion Deposits $5.83 - $6.07 billion Shareholders’ equity $923.9 - $961.6 million 52
Slide 53: To Our Shareholders
To Our Shareholders Your management has a Strategic Plan for the performance and operations of your company. Success will be attained by the execution of this plan, not just by management, but by our nearly 1,000 employees. The continuing support by you, our shareholders, by referring your friends,
Slide 54: 2026 Annual Shareholders' Presentation
2026 ANNUAL SHAREHOLDERS’ PRESENTATION 2 Community Trust Bancorp, Inc.
Community Trust Bancorp — Shareholder Meeting (April 2026) on 6ix