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.
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