CTBI reports earnings

On Oct. 21, 2020, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ-CTBI) reported earnings for the third quarter 2020 of $17.4 million, or $0.98 per basic share, compared to $19.7 million, or $1.11 per basic share, earned during the first quarter 2020 and $15.3 million, or $0.86 per basic share, earned during the third quarter 2019. Year-to-date earnings for the nine months ended Sept. 30, 2020 were $43.7 million, or $2.46 per basic share, compared to $48.5 million, or $2.74 per basic share, for the nine months ended Sept. 30, 2019.

Community Trust Bancorp, Inc., with assets of $5.0 billion, is headquartered in Pikeville and has 70 banking locations across Kentucky, including two in Versailles, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.