Key Highlights

• CTBI's quarterly Dividend rises 22.6% to $0.65, trading with a September 15, 2026 record date, payable October 1, plus a one-time $0.06 special dividend.

• The regular dividend increase extends a 46-year streak of annual increases, according to the company.

• Second-quarter Net Income reached a record $29.623 million, or $1.64 diluted EPS, up from $24.899 million and $1.38 a year earlier.

• Net interest income rose 12.7% year over year to $60.889 million, with the tax-equivalent net interest Margin expanding to 3.80% from 3.64%.

Community Trust Bancorp's (NASDAQ:CTBI) quarterly dividend rises 22.6% to $0.65 per share, trading with a September 15 Record Date and October 1 payment date, alongside a separate one-time $0.06 Special Dividend paid on the same date. Record net income of $29.623 million accompanied the increase, with net interest income up 12.7% year over year.

Dividend Program and Shareholder Returns

Community Trust Bancorp declared a $0.65 per share quarterly dividend, a 22.6% increase from $0.53, payable October 1 to shareholders of record September 15. The annualized recurring dividend is $2.60 per share. The board additionally approved a one-time $0.06 per share special dividend for the same October 1 payment, bringing the total distribution to $0.71 per share.

About the Company

Community Trust Bancorp is a Kentucky-headquartered bank Holding Company operating through Community Trust Bank and a trust-company subsidiary, serving customers through 78 banking locations across Kentucky, southern West Virginia and northeastern Tennessee.

Financial Performance Behind the Payout

Community Trust Bancorp reported record second-quarter net income of $29.623 million, or $1.64 diluted EPS, compared with $24.899 million and $1.38 a year earlier. First-half net income was $56.815 million, up 21.2%. Net interest income rose to $60.889 million, up 12.7% year over year, while the tax-equivalent net interest margin increased to approximately 3.80% from 3.64%. Average loans reached approximately $5.05 billion, up 8.2% year over year, and the efficiency ratio was 47.99%.

Outlook

Continued Loan growth and margin trends, funding-cost management as the Balance Sheet expands, and whether the efficiency-ratio level holds are the items to track going forward; the special dividend is a one-time component separate from the recurring $0.65 rate.