Earnings release
Page 1
Exhibit 99.1 Community Trust Bancorp , Inc. FOR IMMEDIATE RELEASE October 21 , 2026 FOR ADDITIONAL INFORMATION , PLEASE CONTACT MARK A. GOOCH , CHAIRMAN , PRESIDENT , AND CEO , COMMUNITY TRUST BANCORP , INC . AT ( 606 ) 437-3229 Pikeville , Kentucky : COMMUNITY TRUST BANCORP , INC . REPORTS EARNINGS FOR THE 3RD QUARTER 2026 Earnings Summary 3Q 2Q ( in thousands except per share data ) 2026 2026 3Q 2025 YTD YTD 2026 2025 Net income $ 25,890 $ 29,623 $ 23,911 $ 82,705 $ 70,782 Earnings per share $ 1.43 $ 1.64 $ 1.33 $ 4.58 $ 3.93 Earnings per share - diluted $ 1.43 $ 1.64 $ 1.32 $ 4.57 $ 3.92 Return on average assets 1.46 % 1.74 % 1.46 % 1.61 % 1.50 % Return on average equity 11.49 % 13.40 % 11.53 % 12.49 % 11.84 % Efficiency ratio 45.90 % 47.99 % 50.86 % 47.51 % 51.12 % Tangible common equity 11.60 % 11.93 % 11.65 % Dividends declared per share $ 0.71 $ 0.53 $ 0.53 $ 1.77 $ 1.47 Book value per share $ 48.29 $ 49.10 $ 45.91 Weighted average shares 18,069 18,064 18,019 18,061 18,009 Weighted average shares - diluted 18,114 18,099 18,053 18,098 18,037 Community Trust Bancorp , Inc. ( NASDAQ - CTBI ) achieved earnings for the third quarter 2026 of $ 25.9 million , or $ 1.43 per basic earnings per share , compared to $ 29.6 million , or $ 1.64 per basic share , earned during the second quarter 2026 and $ 23.9 million , or $ 1.33 per basic share , earned during the third quarter 2025. Total revenue for the quarter was $ 1.2 million above prior quarter and $ 8.2 million above prior year same quarter . Net interest income for the quarter increased $ 0.2 million compared to prior quarter and $ 5.5 million compared to prior year same quarter , and noninterest income increased $ 1.0 million compared to prior quarter and $ 2.7 million compared to prior year same quarter . Our provision for credit losses for the quarter increased $ 6.4 million from prior quarter and $ 5.3 million from prior year same quarter . Noninterest expense decreased $ 0.9 million compared to prior quarter and $ 0.3 million compared to prior year same quarter . Earnings for the nine months ended September 30 , 2026 were $ 82.7 million , or $ 4.58 per basic share , compared to $ 70.8 million , or $ 3.93 per basic share , for the same period prior year . 1