Community Trust Bancorp, Inc. (NASDAQ: CTBI)

This investigation is for anyone who acquired securities in Community Trust Bancorp, Inc. (NASDAQ: CTBI) prior to October 21, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely warn investors of the risk of a large charge-off from an unpaid commercial loan.

On October 21, 2026, Community Trust Bancorp, Inc. reported its third-quarter 2026 financial results, including, among other things, earnings per share of $1.43, revenue of $79.7 million, and net loan charge-offs of $6.6 million. The Company admitted that “[t]he increase in net loan charge-offs was primarily attributable to an $8.7 million commercial relationship” and that “[a]t June 30, 2026, management’s analysis suggested that this loan was well secured.” However, “[d]uring September, the collateral was sold at auction, and we received a significantly lower amount at bid, resulting in a $4.3 million charge-off.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Community Trust Bancorp, Inc. (NASDAQ: CTBI) prior to October 21, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.