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COMMUNITY TRUST BANCORP INC /KY/ CTBI

Nasdaq · stock · State Commercial Banks · website · IPO 1987-12-29

COMMUNITY TRUST BANCORP INC /KY/ statistics & valuation

Market cap$1.3B
P / E13.4×
P / B1.5×
P / FCF13.5×
Dividend yield2.74%
Return on equity11.5%
Net cash$299.9M
Enterprise value USD$1.0B
Graham number -3%$75.98

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($75.98); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
9.50% 9.70% 10.50% 10.50% 9.10% 12.60% 13.00% 11.10% 10.90% 11.50% 2016201720182019202020212022202320242025
Shares outstanding
17.6M 17.7M 17.7M 17.8M 17.8M 17.8M 17.9M 18.0M 18.1M 18.1M 2016201720182019202020212022202320242025
Net debt ($)
-$70.8M -$207.2M -$305.5M -$299.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.20% 1.20% 1.40% 1.50% 1.20% 1.60% 1.50% 1.40% 1.30% 1.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.09× 0.09× 0.08× 0.07× 2016201720182019202020212022202320242025
EPS ($)
$2.70 $2.92 $3.35 $3.64 $3.35 $4.94 $4.58 $4.36 $4.61 $5.43 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

COMMUNITY TRUST BANCORP INC /KY/ trades at about 14.4× earnings — above its 10-year norm (10-year range 8.9×–17.1×, median 11.6×).

8.9× 17.1×

Shaded band = 10-year range (8.9×–17.1×); dot = today's 14.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.5%1.3%1.4%1.5%1.6%1.2%1.5%1.4%1.2%1.2%
Return on equity11.5%10.9%11.1%13.0%12.6%9.1%10.5%10.5%9.7%9.5%
Debt / equity0.07×0.08×0.09×0.09×——————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.