Community Trust reports Q4 EPS $1.25, consensus $1.20

Reports Q4 net interest revenue for the quarter increased $2.3M compared to prior quarter and $6.6 M compared to prior year same quarter, and noninterest income increased $0.6 M compared to prior quarter and $2.4M compared to prior year same quarter. Our provision for credit losses for the quarter decreased $0.1M from prior quarter but increased $0.8M from prior year same quarter. Noninterest expense increased $1.3M compared to prior quarter and $2.1M compared to prior year same quarter. Net income for the year ended December 31 was $82.8M , or $4.61 per basic share, compared to $78.0 million, or $4.36 per basic share, for the year ended December 31, 2023.