Head-To-Head Analysis: Community Trust Bancorp (CTBI) versus The Competition

Community Trust Bancorp (NASDAQ:CTBI) is one of 919 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare Community Trust Bancorp to similar companies based on the strength of its profitability, valuation, institutional ownership, risk, dividends, analyst recommendations and earnings.

Dividends

Community Trust Bancorp pays an annual dividend of $2.60 per share and has a dividend yield of 3.7%. Community Trust Bancorp pays out 42.8% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. Community Trust Bancorp has raised its dividend for 44 consecutive years. Community Trust Bancorp lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings & Valuation

This table compares Community Trust Bancorp and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Community Trust Bancorp	$409.34 million	$98.06 million	11.53
Community Trust Bancorp Competitors	$63.02 billion	$2.42 billion	21.36

Community Trust Bancorp’s competitors have higher revenue and earnings than Community Trust Bancorp. Community Trust Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Community Trust Bancorp and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Community Trust Bancorp	25.48%	12.58%	1.60%
Community Trust Bancorp Competitors	15.63%	9.41%	0.93%

Institutional & Insider Ownership

60.2% of Community Trust Bancorp shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are owned by institutional investors. 2.6% of Community Trust Bancorp shares are owned by insiders. Comparatively, 9.7% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility & Risk

Community Trust Bancorp has a beta of 0.56, suggesting that its share price is 44% less volatile than the S&P 500. Comparatively, Community Trust Bancorp’s competitors have a beta of 0.61, suggesting that their average share price is 39% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Community Trust Bancorp and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Community Trust Bancorp	0	2	2	0	2.50
Community Trust Bancorp Competitors	7494	30253	27858	1490	2.35

Community Trust Bancorp presently has a consensus target price of $78.50, suggesting a potential upside of 12.01%. As a group, “Banks” companies have a potential upside of 14.17%. Given Community Trust Bancorp’s competitors higher probable upside, analysts plainly believe Community Trust Bancorp has less favorable growth aspects than its competitors.

Summary

Community Trust Bancorp competitors beat Community Trust Bancorp on 9 of the 15 factors compared.

Community Trust Bancorp Company Profile

Community Trust Bancorp, Inc. is a bank holding company headquartered in Pikeville, Kentucky. Through its subsidiary, Community Trust Bank, the company provides commercial and personal banking services, including deposit accounts, loans, and mortgage lending. The company also offers trust, investment, and wealth management services through Community Trust and Investment Company, as well as insurance services. Its operations serve communities in Kentucky, southern West Virginia, and northeastern Tennessee.