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Community Trust Bancorp: 3Q Earnings Snapshot

PIKEVILLE, Ky. (AP) _ Community Trust Bancorp Inc. (CTBI) on Wednesday reported third-quarter net income of $16.1 million.

The bank, based in Pikeville, Kentucky, said it had earnings of 91 cents per share.

The bank holding company for Community Trust Bank posted revenue of $56.3 million in the period. Its revenue net of interest expense was $48.8 million, which beat Street forecasts.

Community Trust Bancorp shares have dropped roughly 6 percent since the beginning of the year. The stock has fallen slightly more than 6 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