2024-04-23 04:22:37 ET
Summary
- Community Trust's quarterly report shows positive trends in net interest income and non-interest income, indicating potential growth for the bank.
- The future of the bank depends heavily on the choices made by the Federal Reserve regarding interest rates.
- Loan growth is struggling, but non-interest income, particularly loan-related fees and life insurance revenue, has seen significant increases.
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Community Trust Bancorp: On The Rebound, But Not Undervalued Enough