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Community Trust Bancorp CTBI Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Washington Trust Bancorp logo
Washington Trust BancorpWASH
$904K+9.4%
Community Financial System logo
Community Financial SystemCBU
$1.03M+25.9%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$787K+122%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.54M+28.0%
Customers Bancorp logo
Customers BancorpCUBI
$2.21M-1.6%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$691K+9.9%

Segments

By segment

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Community Banking Services$1.19M+7.8%
Corporate$0

Other financials

Income statement

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Revenue$78.5M+11.8%
Net income$29.6M+19.0%
EPS (diluted)$1.64+18.8%

Balance sheet

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Cash & equivalents$514.3M+30.1%
Total debt$16.0M-0.5%
Total equity$891.8M+10.5%
Total assets$7.0B+9.4%

Cash flow

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Operating cash flow$44.1M+177%
CapEx$1.0M-56.7%
Free cash flow$43.1M+217%

Valuation

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Market cap$1.42B+48.3%
Enterprise value$925.14M+59.4%
P/E13.2×+2.7×
P/S4.8×+1.1×

Profitability

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Net margin36.1%+1.6pp
FCF margin43.6%+4.7pp

Returns & leverage

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Return on equity12.7%+0.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Community Trust Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The source filing: Community Trust Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:02 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031763
(in thousands except per share data)Three Months Ended / June 30 / 2026Three Months Ended / June 30 / 2025Six Months Ended / June 30 / 2026Six Months Ended / June 30 / 2025
Gains on sales of loans, net6177112124
Trust and wealth management income4,7244,0929,1868,073
Loan related fees1,1461,2492,1852,214
Bank owned life insurance revenue1,1881,1022,9022,137
Brokerage revenue5285261,0481,020
Securities gains924150436630
Other noninterest income1,3711,6252,3322,698
Total noninterest income17,59916,17133,01331,068

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Community Trust Bancorp's bank owned life insurance income?
Community Trust Bancorp (CTBI) reported bank owned life insurance income of $1.19M in Q2 2026.
How has Community Trust Bancorp's bank owned life insurance income changed year-over-year?
Community Trust Bancorp's bank owned life insurance income increased by 7.8% year-over-year, from $1.1M to $1.19M.
What is the long-term trend for Community Trust Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), Community Trust Bancorp's bank owned life insurance income has grown at a 11.9% compound annual growth rate (CAGR), from $2.84M to $4.46M.
What does bank owned life insurance income mean?
Income recognized from the cash surrender value increases or death benefits associated with life insurance policies held by the bank on the lives of key employees. This serves as a tax-advantaged financial instrument used to offset the costs of employee benefit plans.

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