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COMMUNITY TRUST BANCORP INC (CTBI) Stock Fundamental Analysis

NASDAQ:CTBI - Nasdaq - US2041491083 - Common Stock - Currency: USD

47.28  +0.09 (+0.19%)

After market: 47.28 0 (0%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CTBI. CTBI was compared to 398 industry peers in the Banks industry. While CTBI is still in line with the averages on profitability rating, there are concerns on its financial health. CTBI has a correct valuation and a medium growth rate. Finally CTBI also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

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4

1. Profitability

1.1 Basic Checks

CTBI had positive earnings in the past year.
CTBI had a positive operating cash flow in the past year.
In the past 5 years CTBI has always been profitable.
CTBI had a positive operating cash flow in each of the past 5 years.
CTBI Yearly Net Income VS EBIT VS OCF VS FCFCTBI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

1.2 Ratios

Looking at the Return On Assets, with a value of 1.34%, CTBI belongs to the top of the industry, outperforming 86.43% of the companies in the same industry.
The Return On Equity of CTBI (10.93%) is better than 75.88% of its industry peers.
Industry RankSector Rank
ROA 1.34%
ROE 10.93%
ROIC N/A
ROA(3y)1.4%
ROA(5y)1.4%
ROE(3y)11.69%
ROE(5y)11.35%
ROIC(3y)N/A
ROIC(5y)N/A
CTBI Yearly ROA, ROE, ROICCTBI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

CTBI has a Profit Margin of 33.32%. This is amongst the best in the industry. CTBI outperforms 88.94% of its industry peers.
In the last couple of years the Profit Margin of CTBI has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for CTBI so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 33.32%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.37%
PM growth 5Y0.16%
GM growth 3YN/A
GM growth 5YN/A
CTBI Yearly Profit, Operating, Gross MarginsCTBI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

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2

2. Health

2.1 Basic Checks

CTBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
CTBI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CTBI has been increased compared to 5 years ago.
CTBI has a better debt/assets ratio than last year.
CTBI Yearly Shares OutstandingCTBI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
CTBI Yearly Total Debt VS Total AssetsCTBI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

CTBI has a debt to FCF ratio of 3.17. This is a good value and a sign of high solvency as CTBI would need 3.17 years to pay back of all of its debts.
CTBI has a Debt to FCF ratio (3.17) which is in line with its industry peers.
CTBI has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
CTBI has a Debt to Equity ratio of 0.41. This is in the lower half of the industry: CTBI underperforms 73.12% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.17
Altman-Z N/A
ROIC/WACCN/A
WACC15.21%
CTBI Yearly LT Debt VS Equity VS FCFCTBI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
CTBI Yearly Current Assets VS Current LiabilitesCTBI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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5

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 11.14% over the past year.
The Earnings Per Share has been growing slightly by 5.79% on average over the past years.
Looking at the last year, CTBI shows a quite strong growth in Revenue. The Revenue has grown by 10.39% in the last year.
The Revenue has been growing slightly by 4.96% on average over the past years.
EPS 1Y (TTM)11.14%
EPS 3Y-2.28%
EPS 5Y5.79%
EPS Q2Q%17.31%
Revenue 1Y (TTM)10.39%
Revenue growth 3Y3.59%
Revenue growth 5Y4.96%
Sales Q2Q%12.67%

3.2 Future

CTBI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.12% yearly.
Based on estimates for the next years, CTBI will show a small growth in Revenue. The Revenue will grow by 6.20% on average per year.
EPS Next Y13.28%
EPS Next 2Y8.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.37%
Revenue Next 2Y6.2%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CTBI Yearly Revenue VS EstimatesCTBI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
CTBI Yearly EPS VS EstimatesCTBI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

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6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 9.87 indicates a reasonable valuation of CTBI.
Based on the Price/Earnings ratio, CTBI is valued a bit cheaper than the industry average as 70.10% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.29. CTBI is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.77, the valuation of CTBI can be described as reasonable.
CTBI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CTBI is cheaper than 68.34% of the companies in the same industry.
CTBI is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.87
Fwd PE 8.77
CTBI Price Earnings VS Forward Price EarningsCTBI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

68.09% of the companies in the same industry are more expensive than CTBI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.81
EV/EBITDA N/A
CTBI Per share dataCTBI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

CTBI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.74
PEG (5Y)1.71
EPS Next 2Y8.12%
EPS Next 3YN/A

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7

5. Dividend

5.1 Amount

CTBI has a Yearly Dividend Yield of 3.98%.
Compared to an average industry Dividend Yield of 3.66, CTBI pays a bit more dividend than its industry peers.
CTBI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
Industry RankSector Rank
Dividend Yield 3.98%

5.2 History

The dividend of CTBI has a limited annual growth rate of 4.65%.
CTBI has been paying a dividend for at least 10 years, so it has a reliable track record.
CTBI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.65%
Div Incr Years31
Div Non Decr Years31
CTBI Yearly Dividends per shareCTBI Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

40.34% of the earnings are spent on dividend by CTBI. This is a bit on the high side, but may be sustainable.
The dividend of CTBI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP40.34%
EPS Next 2Y8.12%
EPS Next 3YN/A
CTBI Yearly Income VS Free CF VS DividendCTBI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
CTBI Dividend Payout.CTBI Dividend Payout, showing the Payout Ratio.CTBI Dividend Payout.PayoutRetained Earnings

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COMMUNITY TRUST BANCORP INC

NASDAQ:CTBI (4/21/2025, 4:30:01 PM)

After market: 47.28 0 (0%)

47.28

+0.09 (+0.19%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-16 2025-04-16/bmo
Earnings (Next)07-15 2025-07-15/bmo
Inst Owners64.92%
Inst Owner Change0.13%
Ins Owners1.14%
Ins Owner Change3.79%
Market Cap855.77M
Analysts84.44
Price Target61.2 (29.44%)
Short Float %0.55%
Short Ratio1.54
Dividend
Industry RankSector Rank
Dividend Yield 3.98%
Yearly Dividend1.85
Dividend Growth(5Y)4.65%
DP40.34%
Div Incr Years31
Div Non Decr Years31
Ex-Date03-14 2025-03-14 (0.47)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.86%
Min EPS beat(2)2.41%
Max EPS beat(2)5.32%
EPS beat(4)4
Avg EPS beat(4)3.67%
Min EPS beat(4)2.41%
Max EPS beat(4)5.32%
EPS beat(8)5
Avg EPS beat(8)1.94%
EPS beat(12)8
Avg EPS beat(12)1.93%
EPS beat(16)11
Avg EPS beat(16)4.52%
Revenue beat(2)1
Avg Revenue beat(2)0.19%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)1.15%
Revenue beat(4)3
Avg Revenue beat(4)1.67%
Min Revenue beat(4)-0.76%
Max Revenue beat(4)3.76%
Revenue beat(8)4
Avg Revenue beat(8)-0.03%
Revenue beat(12)5
Avg Revenue beat(12)-0.48%
Revenue beat(16)6
Avg Revenue beat(16)-0.4%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.56%
EPS NQ rev (3m)4.09%
EPS NY rev (1m)1.12%
EPS NY rev (3m)4.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.92%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)1.83%
Valuation
Industry RankSector Rank
PE 9.87
Fwd PE 8.77
P/S 3.44
P/FCF 8.81
P/OCF 8.14
P/B 1.13
P/tB 1.25
EV/EBITDA N/A
EPS(TTM)4.79
EY10.13%
EPS(NY)5.39
Fwd EY11.4%
FCF(TTM)5.36
FCFY11.35%
OCF(TTM)5.81
OCFY12.29%
SpS13.73
BVpS41.86
TBVpS37.83
PEG (NY)0.74
PEG (5Y)1.71
Profitability
Industry RankSector Rank
ROA 1.34%
ROE 10.93%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 33.32%
GM N/A
FCFM 39.06%
ROA(3y)1.4%
ROA(5y)1.4%
ROE(3y)11.69%
ROE(5y)11.35%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.37%
PM growth 5Y0.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 3.17
Debt/EBITDA N/A
Cap/Depr 161.46%
Cap/Sales 3.25%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 117.25%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC15.21%
ROIC/WACCN/A
Cap/Depr(3y)132.95%
Cap/Depr(5y)95.03%
Cap/Sales(3y)2.91%
Cap/Sales(5y)2.1%
Profit Quality(3y)111.12%
Profit Quality(5y)112.92%
High Growth Momentum
Growth
EPS 1Y (TTM)11.14%
EPS 3Y-2.28%
EPS 5Y5.79%
EPS Q2Q%17.31%
EPS Next Y13.28%
EPS Next 2Y8.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.39%
Revenue growth 3Y3.59%
Revenue growth 5Y4.96%
Sales Q2Q%12.67%
Revenue Next Year8.37%
Revenue Next 2Y6.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.27%
FCF growth 3Y-5.02%
FCF growth 5Y3.72%
OCF growth 1Y22.68%
OCF growth 3Y-3.13%
OCF growth 5Y4.72%