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Community Trust Bancorp (Community Trust Bancorp) Equity-to-Asset

: 0.12 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Community Trust Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $702.2 Mil. Community Trust Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $5,769.7 Mil. Therefore, Community Trust Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

The historical rank and industry rank for Community Trust Bancorp's Equity-to-Asset or its related term are showing as below:

CTBI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.13   Max: 0.14
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Community Trust Bancorp was 0.14. The lowest was 0.12. And the median was 0.13.

CTBI's Equity-to-Asset is ranked better than
74.98% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs CTBI: 0.12

Community Trust Bancorp Equity-to-Asset Historical Data

The historical data trend for Community Trust Bancorp's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Trust Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.13 0.12 0.12

Community Trust Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.12 0.12 0.12 0.12

Competitive Comparison

For the Banks - Regional subindustry, Community Trust Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Trust Bancorp Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, Community Trust Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Community Trust Bancorp's Equity-to-Asset falls into.



Community Trust Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Community Trust Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=702.208/5769.696
=0.12

Community Trust Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=702.208/5769.696
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Community Trust Bancorp  (NAS:CTBI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Community Trust Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Community Trust Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Community Trust Bancorp (Community Trust Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
346 North Mayo Trail, P.O. Box 2947, Pikeville, KY, USA, 41502
Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in 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.
Executives
James B Draughn officer: Executive Vice President C/O COMMUNITY TRUST BANCORP INC, PO BOX 2947, PIKEVILLE KY 41502-2947
Franky Minnifield other: Director of Lead Bank 4809 CHAFFEY LANE, LEXINGTON KY 415020351
Ricky D Sparkman officer: Executive Vice President 1218 E BROADWAY, CAMPBELLSVILLE KY 42718
Kevin J Stumbo officer: Executive Vice President C/O COMMUNITY TRUST BANK, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
David Andrew Jones officer: Executive Vice President 1544 WINCHESTER AVENUE, ASHLAND KY 41101
Farris Franklin H Jr director 2008 HIGH RIDGE ROAD, LOUISVILLE KY 40207
Mark A Gooch officer: EVP & Treasurer, other: Pres/CEO Community Trust Bank PO BOX 2947, PIKEVILLE KY 41502-2947
Chad C Street other: Director of Lead Bank 684 CEDAR CREEK ROAD, PIKEVILLE KY 41501-1432
M Lynn Parrish director PO BOX 2725, PIKEVILLE KY 41502-2725
Charles J Baird director P O BOX 351, PIKEVILLE KY 415020351
Billie J. Dollins officer: Executive Officer 3205 PEPPERHILL ROAD, LEXINGTON KY 40502
James J Gartner officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947
Andy D Waters officer: Executive Vice President 100 EAST VINE STREET, LEXINGTON KY 40507-1406
David I Tackett officer: Executive Vice President COMMUNITY TRUST BANK, INC., PO BOX 2974, PIKEVILLE KY 41502-2974
Richard W Newsom officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947