Community Trust Bancorp

CTBI · NASDAQ

$75.30+$1.26 (+1.70%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $74.04

CTBI analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 5 analysts

Average $82.96 (+10.2% upside)

Low: $81.81
Now: $75.30
High: $86.10

Upgrades and downgrades

The latest rating actions, newest first

CTBI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Raymond James	Sep 2, 2026	Initiates	Outperform	$82.00	39%
Piper Sandler	Jul 16, 2026	Maintains	Neutral	$76.00 → $81.00	64%
Piper Sandler	Jun 11, 2026	Initiates	Overweight → Neutral	$76.00	64%

The case for and against

Updated Oct 17, 2026

Bull case

Community Trust Bancorp is well positioned for durable outperformance because it is delivering earnings and pre-provision profitability upside through both stronger fee income and net interest income, with 2Q operating EPS of $1.60 versus consensus of $1.52 and NII of $61.2M. Its franchise also shows resilient organic growth, as loans rose 11% LQA, deposits increased 16% LQA, NIM held at 3.80%, and the loan-to-deposit ratio is expected to remain stable near 89% while management continues to fully fund growth with deposits. The positive outlook is further supported by peer-leading efficiency, with expenses controlled enough to keep the efficiency ratio near 48%, benign credit quality with low net charge-offs of 0.07% and strong capital generation, including TBV of $45.49 and TCE of 11.93%.

Bear case

Community Trust Bancorp is facing a negative setup because its outlook is tied to deteriorating credit quality metrics, slowing balance-sheet and fee income growth, weaker net interest margin performance, and elevated noninterest expense increases. Execution risk around M&A adds another layer of uncertainty, while broader economic factors could further pressure profitability and asset quality. Although 1Q26 loan yields of 6.41% remained above the peer median of 6.03% and the 3Q24 to 1Q26 loan beta of 9% was broadly in line with peers, those positives do not offset the larger risks to earnings durability and growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.