How did CTBI's earnings trend quarterly?
4/10/2025 06:23pm
CTBI's net income has shown a general upward trend over the past year, with some fluctuations. Here's a summary of the net income for CTBI's quarterly reports:
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CTBI|CTBI.O|Community Trust Bancorp|2024 Q1|-3.282762905814736|1.8679E7|185|
|CTBI|CTBI.O|Community Trust Bancorp|2024 Q2|0.48958977530406106|1.9499E7|185|
|CTBI|CTBI.O|Community Trust Bancorp|2024 Q3|7.339538491370952|2.2142E7|185|
|CTBI|CTBI.O|Community Trust Bancorp|2024 Q4|20.547724958465082|2.2493E7|185|
As shown in the table, CTBI's net income has increased from $18.94 million in 2024 Q1 to $22.49 million in 2024 Q4. The most significant increase occurred in Q3, where the net income jumped from $16.71 million in Q2 to $20.82 million in Q3. This indicates a strong financial performance for CTBI in the latter half of 2024, which may be due to factors such as market conditions, business strategy, or industry trends. However, further analysis is needed to identify the specific reasons behind these changes.