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Community Bancorp ( (CTBI) ) has issued an announcement.
Community Trust Bancorp, Inc. reported a strong third quarter in 2024 with net income rising to $22.1 million, or $1.23 per share, marking an improvement from both the previous quarter and the same quarter last year. The company’s total revenue surpassed the prior quarter by $1.4 million and the same quarter last year by $4.1 million, driven by a notable increase in net interest revenue. Despite a slight dip in noninterest income compared to the previous quarter, overall financial performance remained robust, appealing to those tracking stock market growth and financial stability.
For detailed information about CTBI stock, go to TipRanks’ Stock Analysis page.