Community Trust Bancorp: Q2 Earnings Snapshot

PIKEVILLE, Ky. (AP) — PIKEVILLE, Ky. (AP) — Community Trust Bancorp Inc. (CTBI) on Wednesday reported second-quarter earnings of $29.6 million.

The Pikeville, Kentucky-based bank said it had earnings of $1.64 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The bank holding company for Community Trust Bank posted revenue of $108.8 million in the period. Its revenue net of interest expense was $78.5 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $76.3 million.

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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