Community Income Tax Expense from 2010 to 2024

CTBI Stock  USD 58.93  0.28  0.47%   
Community Trust's Income Tax Expense is increasing with stable movements from year to year. Income Tax Expense is predicted to flatten to about 13 M. For the period between 2010 and 2024, Community Trust, Income Tax Expense quarterly trend regression had median of  18,531,000 and r-value of  0.25. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-03-31
Previous Quarter
6.5 M
Current Value
5.4 M
Quarterly Volatility
1.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Community Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community Trust's main balance sheet or income statement drivers, such as Interest Expense of 100.3 M, Other Operating Expenses of 91.2 M or Operating Income of 61.4 M, as well as many indicators such as Price To Sales Ratio of 2.51, Dividend Yield of 0.0275 or PTB Ratio of 1.63. Community financial statements analysis is a perfect complement when working with Community Trust Valuation or Volatility modules.
  
Check out the analysis of Community Trust Correlation against competitors.

Latest Community Trust's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Community Trust Bancorp over the last few years. It is Community Trust's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Community Trust's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Community Income Tax Expense Regression Statistics

Arithmetic Mean15,207,705
Coefficient Of Variation50.51
Mean Deviation5,502,394
Median18,531,000
Standard Deviation7,681,155
Sample Variance59T
Range30.5M
R-Value0.25
Mean Square Error59.6T
R-Squared0.06
Significance0.37
Slope425,489
Total Sum of Squares826T

Community Income Tax Expense History

202413 M
202320.6 M
202219.2 M
202122.7 M
202010.8 M
20197.5 M
201811.3 M

About Community Trust Financial Statements

Investors use fundamental indicators, such as Community Trust's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Community Trust's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense20.6 M13 M

Currently Active Assets on Macroaxis

When determining whether Community Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Trust Bancorp Stock:
Check out the analysis of Community Trust Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Community Trust. If investors know Community will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Community Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Dividend Share
1.85
Earnings Share
4.4
Revenue Per Share
12.645
Quarterly Revenue Growth
0.057
The market value of Community Trust Bancorp is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Trust's value that differs from its market value or its book value, called intrinsic value, which is Community Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Community Trust's market value can be influenced by many factors that don't directly affect Community Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Community Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.