Community Trust Bancorp, Inc. (NASDAQ:CTBI) saw its shares dwindle Wednesday on third-quarter numbers.
The company achieved earnings for the third quarter 2026 of $25.9 million, or $1.43 per basic earnings per share, compared to $29.6 million, or $1.64 per basic share, earned during the second quarter 2026 and $23.9 million, or $1.33 per basic share, earned during the third quarter 2025.
Total revenue for the quarter was $1.2 million above prior quarter and $8.2 million above prior year same quarter.
Net interest income for the quarter increased $0.2 million compared to prior quarter and $5.5 million compared to prior year same quarter, and noninterest income increased $1.0 million compared to prior quarter and $2.7 million compared to prior year same quarter.
Our provision for credit losses for the quarter increased $6.4 million from prior quarter and $5.3 million from prior year same quarter. Noninterest expense decreased $0.9 million compared to prior quarter and $0.3 million compared to prior year same quarter.
Earnings for the nine months ended September 30, 2026 were $82.7 million, or $4.58 per basic share, compared to $70.8 million, or $3.93 per basic share, for the same period prior year.
CTBI shares began Wednesday faltered $4.76, or 6.3%, to $70.54.
