Community Trust Bancorp, Inc. Earnings Summary — Q1 2026

• Net interest income surged 14.7% year-over-year to $58.78 million, driving the majority of top-line growth.
• Profitability remained robust with Q1 2026 net income reaching $27.19 million, a significant improvement from $21.97 million in Q1 2025.
• Non-interest expenses were well-controlled at $36.54 million, despite a slight sequential increase in compensation costs.
• Credit quality remains a focus with a $2.31 million provision for credit losses, which decreased from both the prior quarter and the same quarter last year.
• The bank maintained a stable share count of approximately 18 million shares, demonstrating consistent earnings per share expansion.
• Revenue growth outpaced expense growth, leading to improved operating leverage and pretax income of $35.35 million.

Management remains focused on disciplined banking execution and traditional lending services within their core regional markets. The institution aims to maintain its long-term track record of asset expansion while prioritizing credit quality and cost control to navigate fluctuating interest rate environments.

Improving

The bank has successfully rebounded from 2023 regional banking stresses, showing accelerating year-over-year revenue and net income growth throughout early 2026.

The company appears well-positioned to maintain its status as a high-quality community compounder, benefiting from improved operating leverage as assets scale toward historical highs.