Community Trust Bancorp traded at $76.15 this Friday July 24th, increasing $1.43 or 1.91 percent since the previous trading session. Looking back, over the last four weeks, Community Trust Bancorp gained 6.62 percent. Over the last 12 months, its price rose by 36.64 percent. Looking ahead, we forecast Community Trust Bancorp to be priced at 74.54 by the end of this quarter and at 69.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
Community Trust Bancorp, Inc. is a bank holding company. It owns a commercial bank, Community Trust Bank, Inc. (CTB), and a trust company, Community Trust and Investment Company. Through its subsidiaries, the Company engages in a range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits, making secured and unsecured loans to corporations, individuals and others, providing cash management services to corporate and individual customers, issuing letters of credit, renting safe deposit boxes and providing funds transfer services. Its corporate subsidiaries act as trustees of personal trusts, as executors of estates, as trustees for employee benefit trusts, as paying agents for bond and stock issues, as investment agent, as depositories for securities, and as providers of brokerage and insurance services. It also provides lease financing, lines of credit, revolving lines of credit and other specialized loans.