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Community Trust Bancorp: 4Q Earnings Snapshot

PIKEVILLE, Ky. (AP) _ Community Trust Bancorp Inc. (CTBI) on Wednesday reported fourth-quarter profit of $15.7 million.

The Pikeville, Kentucky-based bank said it had earnings of 89 cents per share.

The bank holding company for Community Trust Bank posted revenue of $57.5 million in the period. Its revenue net of interest expense was $48.5 million, which did not meet Street forecasts.

For the year, the company reported profit of $59.2 million, or $3.35 per share. Revenue was reported as $194.1 million.

Community Trust Bancorp shares have risen almost 4 percent since the beginning of the year. The stock has dropped 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTBI at https://www.zacks.com/ap/CTBI