Community Trust Bancorp Files 8-K on Q4 2023 Financials
Ticker: CTBI · Form: 8-K · Filed: Jan 17, 2024 · CIK: 350852
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K
TL;DR
**CTBI just dropped its Q4 2023 financial update, time to check the numbers.**
AI Summary
Community Trust Bancorp, Inc. filed an 8-K on January 17, 2024, reporting on its financial condition and results of operations for the period ending December 31, 2023. This filing indicates the company is providing an update on its performance, likely including its fourth-quarter and full-year 2023 earnings. This matters to investors because it offers transparency into the bank's recent financial health, which can influence stock price and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information about Community Trust Bancorp, Inc., enabling them to assess the company's performance and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for financial results, which is standard for public companies and does not inherently indicate high risk.
Analyst Insight
A smart investor would review the full earnings release once available to understand the specifics of Community Trust Bancorp's financial performance for Q4 2023 and the full year, paying close attention to net interest income, loan growth, and asset quality.
Key Players & Entities
- Community Trust Bancorp, Inc. (company) — the registrant filing the 8-K
- December 31, 2023 (date) — the conformed period of report
- January 17, 2024 (date) — the filing date of the 8-K
- 001-31220 (other) — the Commission file number
- CTBI (other) — the trading symbol on NASDAQ
Forward-Looking Statements
- Community Trust Bancorp, Inc. will release its detailed Q4 2023 earnings report soon after this 8-K. (Community Trust Bancorp, Inc.) — high confidence, target: 2024-01-31
FAQ
What is the purpose of this 8-K filing by Community Trust Bancorp, Inc.?
This 8-K filing, dated January 17, 2024, is to report on the company's 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' for the period ending December 31, 2023, as indicated by the 'ITEM INFORMATION' sections.
What is the trading symbol and exchange for Community Trust Bancorp, Inc.?
Community Trust Bancorp, Inc. trades under the symbol 'CTBI' on The NASDAQ Global Select Market, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 31, 2023, as indicated by the 'Date of Report (Date of earliest event reported)'.
What is the state of incorporation for Community Trust Bancorp, Inc.?
Community Trust Bancorp, Inc. is incorporated in Kentucky, as specified under 'State or other jurisdiction of incorporation or organization'.
Is Community Trust Bancorp, Inc. considered an emerging growth company?
No, the filing indicates with an unchecked box that Community Trust Bancorp, Inc. is not an 'Emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-01-17 08:24:56
Filing Documents
- ctbi1223er8k.htm (8-K) — 25KB
- ctbi1223er8kex99-1.htm (EX-99.1) — 848KB
- image0.jpg (GRAPHIC) — 7KB
- 0000350852-24-000009.txt ( ) — 1015KB
- ctbi-20231231.xsd (EX-101.SCH) — 4KB
- ctbi-20231231_lab.xml (EX-101.LAB) — 22KB
- ctbi-20231231_pre.xml (EX-101.PRE) — 16KB
- ctbi1223er8k_htm.xml (XML) — 4KB
02 – Results of Operations and Financial Condition
Item 2.02 – Results of Operations and Financial Condition On January 17, 2024, Community Trust Bancorp, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of this press release is being furnished to the Securities and Exchange Commission pursuant to Item 2.02 – Results of Operations and Financial Condition and Item 7.01 – Regulation FD Disclosure of Form 8-K and is attached hereto as Exhibit 99.1. The information in this Form 8-K and in Exhibit 99.1 attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (d) Exhibits The following exhibit is filed with this report: 99.1 Press Release dated January 17, 2024
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. COMMUNITY TRUST BANCORP, INC. Date: January 17, 2024 By: /s/ Mark A. Gooch Mark A. Gooch Vice Chairman, President, and Chief Executive Officer