Community Net Interest Income vs Reconciled Depreciation Analysis

CTBI Stock  USD 60.07  0.39  0.65%   
Community Trust financial indicator trend analysis is way more than just evaluating Community Trust Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Trust Bancorp is a good investment. Please check the relationship between Community Trust Net Interest Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Interest Income vs Reconciled Depreciation

Net Interest Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Trust Bancorp Net Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Community Trust's Net Interest Income and Reconciled Depreciation is 0.84. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Community Trust Bancorp, assuming nothing else is changed. The correlation between historical values of Community Trust's Net Interest Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Community Trust Bancorp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Interest Income i.e., Community Trust's Net Interest Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Reconciled Depreciation

Most indicators from Community Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Trust Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
The Community Trust's current Enterprise Value is estimated to increase to about 557.9 M, while Selling General Administrative is projected to decrease to under 51.1 M.
 2021 2022 2023 2024 (projected)
Operating Income110.6M129.7M119.5M61.4M
Other Operating Expenses112.9M97.3M101.8M91.2M

Community Trust fundamental ratios Correlations

0.760.340.240.760.770.00.530.190.040.28-0.040.380.070.19-0.010.860.760.330.10.43-0.65-0.130.850.920.72
0.760.340.090.970.77-0.20.7-0.250.040.3-0.090.530.390.17-0.390.871.00.29-0.220.63-0.22-0.510.890.840.61
0.340.340.350.49-0.010.10.150.0-0.3-0.160.270.37-0.03-0.220.010.490.31-0.190.070.72-0.43-0.280.370.490.21
0.240.090.350.15-0.14-0.260.250.280.320.33-0.34-0.26-0.010.360.240.240.080.30.170.47-0.12-0.050.350.320.01
0.760.970.490.150.69-0.140.65-0.21-0.050.210.00.560.320.08-0.340.920.960.2-0.170.7-0.31-0.50.90.880.58
0.770.77-0.01-0.140.69-0.340.66-0.280.260.46-0.260.210.440.35-0.450.620.780.52-0.380.34-0.27-0.430.710.670.7
0.0-0.20.1-0.26-0.14-0.34-0.720.7-0.85-0.840.860.43-0.85-0.820.740.13-0.21-0.830.84-0.45-0.550.73-0.18-0.01-0.05
0.530.70.150.250.650.66-0.72-0.630.590.77-0.620.120.850.67-0.750.480.710.75-0.680.710.25-0.820.670.610.28
0.19-0.250.00.28-0.21-0.280.7-0.63-0.43-0.460.460.01-0.92-0.40.970.11-0.25-0.440.95-0.44-0.690.9-0.040.040.15
0.040.04-0.30.32-0.050.26-0.850.59-0.430.95-0.99-0.680.670.98-0.49-0.180.050.95-0.660.140.42-0.410.190.00.0
0.280.3-0.160.330.210.46-0.840.77-0.460.95-0.96-0.460.740.99-0.570.090.320.99-0.670.320.33-0.530.430.270.14
-0.04-0.090.27-0.340.0-0.260.86-0.620.46-0.99-0.960.65-0.7-0.990.520.13-0.1-0.950.68-0.19-0.460.46-0.24-0.040.04
0.380.530.37-0.260.560.210.430.120.01-0.68-0.460.65-0.11-0.6-0.040.550.52-0.490.250.31-0.23-0.120.290.460.31
0.070.39-0.03-0.010.320.44-0.850.85-0.920.670.74-0.7-0.110.68-0.950.060.40.72-0.950.540.62-0.920.290.18-0.03
0.190.17-0.220.360.080.35-0.820.67-0.40.980.99-0.99-0.60.68-0.49-0.020.180.98-0.630.220.34-0.440.340.160.06
-0.01-0.390.010.24-0.34-0.450.74-0.750.97-0.49-0.570.52-0.04-0.95-0.49-0.04-0.39-0.550.95-0.49-0.590.92-0.21-0.13-0.02
0.860.870.490.240.920.620.130.480.11-0.180.090.130.550.06-0.02-0.040.860.10.110.56-0.55-0.230.930.970.58
0.761.00.310.080.960.78-0.210.71-0.250.050.32-0.10.520.40.18-0.390.860.31-0.230.62-0.21-0.510.880.830.61
0.330.29-0.190.30.20.52-0.830.75-0.440.950.99-0.95-0.490.720.98-0.550.10.31-0.660.280.26-0.50.430.280.19
0.1-0.220.070.17-0.17-0.380.84-0.680.95-0.66-0.670.680.25-0.95-0.630.950.11-0.23-0.66-0.4-0.610.86-0.120.010.07
0.430.630.720.470.70.34-0.450.71-0.440.140.32-0.190.310.540.22-0.490.560.620.28-0.40.01-0.770.590.610.24
-0.65-0.22-0.43-0.12-0.31-0.27-0.550.25-0.690.420.33-0.46-0.230.620.34-0.59-0.55-0.210.26-0.610.01-0.48-0.39-0.51-0.6
-0.13-0.51-0.28-0.05-0.5-0.430.73-0.820.9-0.41-0.530.46-0.12-0.92-0.440.92-0.23-0.51-0.50.86-0.77-0.48-0.37-0.31-0.03
0.850.890.370.350.90.71-0.180.67-0.040.190.43-0.240.290.290.34-0.210.930.880.43-0.120.59-0.39-0.370.950.58
0.920.840.490.320.880.67-0.010.610.040.00.27-0.040.460.180.16-0.130.970.830.280.010.61-0.51-0.310.950.58
0.720.610.210.010.580.7-0.050.280.150.00.140.040.31-0.030.06-0.020.580.610.190.070.24-0.6-0.030.580.58
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Community Trust Account Relationship Matchups

Community Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding17.7M17.8M17.8M17.9M17.9M18.2M
Total Assets4.4B5.1B5.4B5.4B5.8B3.4B
Short Long Term Debt Total294.4M415.6M330.6M17.6M81.0M157.3M
Total Current Liabilities2.8M1.2M1.0M2.2M1.5B1.6B
Total Stockholder Equity614.9M654.9M698.2M628.0M702.2M366.0M
Property Plant And Equipment Net58.6M55.2M52.6M59.7M61.0M54.9M
Net Debt(43.5M)(40.3M)(33.6M)(33.7M)(190.7M)(181.1M)
Retained Earnings296.8M326.7M386.8M438.6M484.4M508.6M
Accounts Payable2.8M1.2M1.0M2.2M7.4M7.0M
Cash58.7M54.3M46.6M51.3M271.6M285.2M
Non Current Assets Total741.8M1.1B1.6B1.4B6.9B7.2B
Non Currrent Assets Other(19.7M)(22.4M)(22.4M)(43.0M)(1.3B)(1.2B)
Cash And Short Term Investments658.5M1.1B1.5B1.4B63.8M60.6M
Net Receivables14.8M15.8M15.4M19.6M23.6M24.8M
Liabilities And Stockholders Equity4.4B5.1B5.4B5.4B5.8B3.4B
Non Current Liabilities Total20.3M18.7M13.6M2.2M5.1B5.3B
Other Current Assets299.2M362.0M330.9M152.2M58.8M55.9M
Other Stockholder Equity224.9M225.5M227.1M229.0M231.1M152.0M
Total Liab3.8B4.5B4.7B4.8B5.1B3.0B
Property Plant And Equipment Gross58.6M55.2M52.6M59.7M146.0M153.3M
Total Current Assets673.4M1.1B1.5B1.4B87.4M83.0M
Accumulated Other Comprehensive Income4.3M13.6M(4.8M)(129.2M)(103.3M)(98.2M)
Short Term Debt236.6M357.8M272.8M217.9M225.2M236.5M
Intangible Assets3.3M4.1M6.8M8.5M7.7M7.3M
Other Current Liab(2.8M)(1.2M)(1.0M)(2.2M)(7.4M)(7.0M)
Common Stock Total Equity88.7M89.0M89.1M89.2M102.6M84.6M
Common Stock89.0M89.1M89.2M89.6M90.0M85.8M
Other Liab34.4M39.6M33.0M32.1M37.0M31.1M
Other Assets3.0B2.9B2.3B2.6B(1.2B)(1.1B)
Short Term Investments599.8M997.3M1.5B1.3B1.2B1.2B
Inventory(299.2M)(362.0M)(330.9M)(152.2M)(82.4M)(78.3M)
Property Plant Equipment44.0M42.0M52.6M59.7M68.7M68.4M
Net Tangible Assets549.4M589.4M632.7M562.6M646.9M504.6M
Retained Earnings Total Equity258.9M296.8M326.7M386.8M444.8M245.0M
Capital Surpluse223.2M224.9M225.5M227.1M261.1M225.7M

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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.