2024-07-17 13:07:59 ET
Summary
- We recommended Community Trust Bancorp, Inc. stock as a buy in October 2023 for income and rebound.
- Q2 earnings show loan growth, deposit strength, and margin expansion.
- Mixed asset quality metrics, but overall strong performance and efficiency ratios.
- Time to lock in profit on Community Trust Bancorp stock and run a lifetime house position collecting all future gains, dividends, spinoffs, etc.
We continue our regional bank earnings season coverage with Community Trust Bancorp, Inc. ( CTBI) . This is a stock that we suggested as a buy in October 2023 for solid income and a rebound in shares. Since that call , there has been a 42% total return at the time of this writing....
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Lock In Some Profit On Community Trust Bancorp After This Rally