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Community Trust Bancorp Q2 Profit Edges Down
(RTTNews) - Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter.
Net interest income for the quarter grew to $45.68 million from $43.08 million last year and noninterest income increased to $15.71 million from $14.76 million last year.
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Community Trust Bancorp Q2 Profit Declines
Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $20.27 million or $1.14 per share, down from $23.93 million or $1.34 per share in the prior-year quarter.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
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The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
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Australian Market Slightly Higher
The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
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