Community Trust Bancorp posts record $98.1M annual income as margins expand

Community Trust Bancorp (NASDAQ:CTBI) delivered a record-shattering 2025, capped by a fourth quarter that saw net income surge to $27.3 million—a 21% increase over the same period last year.

The Pikeville, Kentucky-based bank reported fourth-quarter basic earnings of $1.51 per share, handily beating the analyst consensus of $1.41.

The quarterly performance was propelled by an $8.6 million year-over-year increase in net interest revenue, as the bank successfully optimized its loan-to-deposit mix and benefitted from a stable interest rate environment.

For the full year ended December 31, 2025, Community Trust achieved record net income of $98.1 million, representing an $15.2 million increase (or $0.83 per share) over 2024.

The quarter was marked by high operational efficiency and improving credit quality.

Noninterest expense fell by $0.3 million sequentially, while the provision for credit losses decreased by $1 million from the third quarter.

CEO Mark Gooch noted that the year’s record results reflect "strong fundamental performance across all lines of business," particularly in the core commercial and retail lending portfolios.

Shareholders also saw immediate benefits from this growth as the company paid out a quarterly dividend of $0.53 per share on January 2nd, representing a 3.6% yield on the current stock price.

As CTBI enters 2026, the bank maintains a fortress balance sheet with a market capitalization of approximately $1.05 billion.