Community Trust Bancorp (CTBI) Q3 2025 earnings summary

Executive summary

• Net income for Q3 2025 was $23.9 million ($1.33 per share), up from $22.1 million ($1.23 per share) in Q3 2024, but down from $24.9 million ($1.38 per share) in Q2 2025.

• Year-to-date net income reached $70.8 million, up $10.5 million from the prior year.

• Total revenue for Q3 2025 increased $8.7 million year-over-year and $1.3 million sequentially.

• Shareholders' equity rose to $831.4 million, an increase of $24.5 million for the quarter and $73.8 million from year-end.

• Earnings per share were $1.33 basic and $1.32 diluted, compared to $1.38 and $1.38 in Q2 2025, and $1.23 and $1.23 in Q3 2024.

Financial highlights

• Net interest income for Q3 2025 was $55.6 million, up $8.4 million (17.7%) year-over-year and $1.5 million (2.8%) sequentially.

• Noninterest income for Q3 2025 was $15.9 million, up $0.4 million (2.5%) year-over-year but down $0.2 million (1.4%) sequentially.

• Noninterest expense for Q3 2025 was $36.7 million, up $4.2 million (13.0%) year-over-year and $1.1 million (3.0%) sequentially.

• Provision for credit losses was $3.9 million, up $1.1 million year-over-year and $1.8 million sequentially.

• Total assets reached $6.6 billion, up 15.3% annualized from Q2 2025 and 11.3% from Q3 2024.

Outlook and guidance

• Management continues to focus on consistent net interest income growth and prudent credit risk management.

• The company is monitoring the impact of the One Big Beautiful Bill Act (OBBBA) and assessing its implications for operations and risk management.

• No material adverse regulatory recommendations or changes in internal controls were reported.

• Forward-looking statements highlight risks from economic conditions, credit performance, regulatory changes, and competitive pressures.