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Community Trust Bancorp (Community Trust Bancorp) Debt-to-Equity : 0.12 (As of Dec. 2023)


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What is Community Trust Bancorp Debt-to-Equity?

Community Trust Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Community Trust Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $81.0 Mil. Community Trust Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $702.2 Mil. Community Trust Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

CTBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.12   Max: 0.34
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Community Trust Bancorp was 0.34. The lowest was 0.10. And the median was 0.12.

CTBI's Debt-to-Equity is ranked better than
97.99% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs CTBI: 0.02

Community Trust Bancorp Debt-to-Equity Historical Data

The historical data trend for Community Trust Bancorp's Debt-to-Equity 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 Debt-to-Equity Chart

Community Trust Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.10 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
Debt-to-Equity Get a 7-Day Free Trial 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 0.13 0.12 0.13 0.12 0.02

Competitive Comparison of Community Trust Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Community Trust Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Banks Industry

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

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



Community Trust Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Community Trust Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Community Trust Bancorp's Debt-to-Equity 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