Community Trust Bancorp : January 2025 Investor Presentation
CTBI
January 2025
Key Metrics
Total Assets
$6.2 billion
Market Capitalization
$957.6 million
Cash Dividend Yield
3.55%
P/E Ratio
11.5x
Price to Book Value
1.3x
Price to Tangible Book Value
1.4x
Tangible Common Equity Ratio
11.29%
Financial data as of December 31, 2024
Deposit market share as of June 30, 2024
3
Corporate History
1903
Pikeville National bank formed
1987-2005
Acquired 14 banks and purchased 17 branch locations
1997
Changed name to Community Trust Bancorp, Inc.
2010
Acquired LaFollette First National Corporation
Presently
Two operational subsidiaries~
Community Trust Bank, Inc. and
Community Trust and Investment Company
4
Our Banking Franchise
Serving customers in 81 locations in 36 counties throughout Kentucky, Tennessee, and West Virginia, including 5 trust offices in Kentucky and Tennessee
Our Banking Franchise
Central Region
Eastern Region
Northeastern Region
Loans - $1.1 billion
Loans - $1.1 billion
Loans - $494 million
Deposits - $1.4 billion
Deposits - $2.1 billion
Deposits - $706 million
• Danville
• Floyd/Knott/Johnson
• Advantage Valley
• Lexington
• Hazard
• Ashland
• Mt. Sterling
• Pikeville
• Flemingsburg
• Richmond
• Tug Valley
• Summersville
• Versailles
• Whitesburg
• Winchester
South Central Region
Indirect Lending
Loans - $1.0 billion
Loans - $850 million
Deposits - $1.1 billion
•
Campbellsville
CTIC
•
LaFollette
Assets Under Management - $3.7 billion (including $1.1 billion CTB)
•
Middlesboro
Revenues - $21.3 million
• Mt. Vernon
• Williamsburg
• Ashland
•
LaFollette
•
Lexington
•
Pikeville
•
Versailles
Financial data as of December 31, 2024
6
Trust Assets Under Management & Trust Revenue
Assets in billions
Revenue in millions
$3.6
$3.4
$3.7
$24
$3.2
$2.8
$20
$16
$12
2020
2021
2022
2023
2024
$8
Managed Assets
Revenue
Includes CTB portfolio
7
Executive Management Team
Name
Position
Banking
Yrs. w/
Experience
CTBI
Mark A. Gooch
Chairman, President, and CEO
43 years
43
Richard W. Newsom
CTB President
41 years
41
Andy Waters
CTIC President and CEO
38 years
21
Kevin J. Stumbo
EVP/Chief Financial Officer
38 years
30
C. Wayne Hancock
EVP/Chief Legal Officer
16 years
16
Mark Smith
EVP/Chief Credit Officer
32 years
18
James B. Draughn*
EVP/Operations
31 years
31
Steven E. Jameson
EVP/Chief Risk Officer
39 years
20
Ricky Sparkman
EVP/SC KY/TN President
39 years
30
D. Andrew Jones
EVP/NE KY/WV President
37 years
37
David Tackett
EVP/E KY President
37 years
33
Billie Dollins
EVP/C KY President
43 years
14
8
Operational Philosophy
9
Consistent Financial Performance
2024
2023
2022
2021
2020
EPS
$4.61
$4.36
$4.59
$4.94
$3.35
ROAA
1.41%
1.40%
1.50%
1.63%
1.23%
ROAE
11.31%
11.75%
12.74%
12.88%
9.36%
Net Int. Margin
3.36%
3.32%
3.32%
3.21%
3.33%
Efficiency Ratio
52.57%
54.29%
53.07%
53.11%
58.30%
Nonperforming Loans
0.59%
0.34%
0.41%
0.49%
0.75%
Net Charge-offs
0.13%
0.08%
0.02%
0.00%
0.18%
% of Average Assets:
Noninterest Income
1.05%
1.02%
1.07%
1.13%
1.09%
Noninterest Expense
2.22%
2.25%
2.23%
2.21%
2.46%
All information is for the year ended December 31
10
Disclaimer
Community Trust Bancorp Inc. published this content on January 29, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on January 29, 2025 at 13:25:03.750.