PIKEVILLE, Ky. (AP) — PIKEVILLE, Ky. (AP) — Community Trust Bancorp Inc. (CTBI) on Wednesday reported third-quarter net income of $23.9 million.
The Pikeville, Kentucky-based bank said it had earnings of $1.32 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The bank holding company for Community Trust Bank posted revenue of $104.5 million in the period. Its revenue net of interest expense was $71.5 million, surpassing Street forecasts. Three analysts surveyed by Zacks expected $71.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTBI at https://www.zacks.com/ap/CTBI
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