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Community Bancorp ( (CTBI) ) just unveiled an announcement.
Community Trust Bancorp, Inc. reported its financial results for the fourth quarter and full year of 2024, highlighting a net income of $22.5 million for the fourth quarter, an increase from the same period in 2023. The company experienced growth in both net interest revenue and noninterest income, contributing to the overall revenue increase. The annual net income for 2024 reached $82.8 million, showing a positive trend compared to 2023, indicating a strong financial performance and potential implications for stakeholders regarding continued growth and stability.
More about Community Bancorp
Community Trust Bancorp, Inc. operates in the financial services industry, providing a range of banking products and services, with a focus on community banking and serving the needs of individuals and businesses in its market areas.
YTD Price Performance: 1.58%
Average Trading Volume: 59,414
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $952.9M
Learn more about CTBI stock on TipRanks’ Stock Analysis page.