Bank of America just raised its EUR/USD forecast
Executive Vice President of Community Trust Bancorp (NASDAQ:CTBI), Andy D. Waters, sold 918 shares of common stock on August 18, 2025, at a price of $56.1809, totaling $51,574. The $1 billion market cap regional bank, currently trading at a P/E ratio of 11.2, appears undervalued according to InvestingPro analysis. The bank boasts a solid dividend track record, having raised payouts for 30 consecutive years, with a current yield of 3.75%. Following the transaction, Waters directly owns 1,660 shares and indirectly owns 7,807.4551 shares by ESOP. Want deeper insights into insider trading patterns and 7 additional InvestingPro tips for CTBI? Explore our comprehensive analysis tools.
In other recent news, Community Trust Bancorp has seen several noteworthy developments. The company announced a 12.8% increase in its quarterly cash dividend to $0.53 per share, which will be payable on October 1, 2025. Analysts at Piper Sandler initiated coverage of Community Trust Bancorp with an Overweight rating, citing the company’s consistent profitability and strong credit quality. Meanwhile, Raymond (NSE:RYMD) James raised its price target for the company to $63, highlighting strong core trends, including a wider net interest margin and healthy credit metrics.
In leadership updates, Community Trust Bancorp appointed David L. Baird to its Board of Directors. This appointment follows the retirement of Franklin H. Farris, Jr. from the board, reducing the number of board members from ten to nine. Farris previously served as Chairman of the Audit and Asset Quality Committee. These changes reflect ongoing strategic adjustments within the company’s governance.
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