Community Trust Bancorp Reports Record Q2 2025 Earnings

Community Trust Bancorp ( (CTBI) ) has released its Q2 earnings. Here is a breakdown of the information Community Trust Bancorp presented to its investors.

Community Trust Bancorp, Inc., headquartered in Pikeville, Kentucky, operates as a financial services company with a focus on banking and trust services across multiple states. The company is known for its extensive network of banking locations and trust offices in Kentucky, West Virginia, and Tennessee.

Community Trust Bancorp reported record earnings for the second quarter of 2025, showcasing a strong financial performance with a net income of $24.9 million, marking a significant increase from previous quarters and the same period last year. The earnings per share also saw a notable rise, reflecting the company’s robust growth trajectory.

Key financial metrics highlighted in the report include a substantial increase in net interest income, which rose by 5.4% from the previous quarter and 18.3% from the same quarter last year. The company’s net interest margin improved, and there was a decrease in the provision for credit losses. Additionally, the loan portfolio and deposits saw healthy growth, contributing to the overall positive financial results.

Noninterest income also experienced growth, driven by increases in deposit-related fees and trust revenue, although there were some declines in other areas such as bank-owned life insurance revenue. On the expense side, noninterest expenses rose due to higher personnel and data processing costs, but the efficiency ratio improved, indicating better operational management.

Looking ahead, Community Trust Bancorp remains optimistic about its growth prospects, supported by its strong financial foundation and strategic initiatives. The company’s management is focused on maintaining its momentum and addressing any challenges that may arise in the financial landscape.