Community Trust Bancorp, Inc. - Common Stock (CTBI)

Competitors to Community Trust Bancorp, Inc. - Common Stock (CTBI)

First Commonwealth Financial Corporation

First Commonwealth Financial Corporation focuses on community banking and has a strong presence in Pennsylvania, along with select markets in Ohio and West Virginia. They offer similar products and services as Community Trust Bancorp, including personal and commercial banking services. Both companies prioritize customer service and community involvement, but First Commonwealth's larger asset base and scale allow them to invest more in technology and marketing, providing a competitive edge.

Park National Corporation 

Park National Corporation operates a network of community banks providing similar services to those of Community Trust Bancorp, including personal banking, business banking, and investment services. Both companies emphasize strong local ties and personalized services, making direct competition for market share in their respective regions. However, Park National benefits from a larger branch network and greater asset size, heightening its competitive advantage in terms of service availability and financial resiliency.

People's United Financial, Inc.

People's United Financial, Inc. operates in a similar market space as Community Trust Bancorp, offering a variety of banking and financial services to customers in the northeastern U.S. Both companies focus on community-oriented banking and often compete for customers through their branch network, localized service, and tailored products. People's United has a broader geographic footprint and larger asset base, which can provide them with more resources to compete effectively in terms of pricing and product offerings.

Shenandoah Telecommunications Company 

While Shenandoah Telecommunications Company primarily operates in telecommunications, they compete with Community Trust Bancorp in the realm of financial services, particularly regarding financial products related to their telecommunications services. Shenandoah offers bundled services that include banking products, which could attract a customer base seeking one-stop shopping for both banking and telecommunications needs. However, Community Trust's expertise and focus on traditional banking give it an advantage in financial services.

Southern Bancorp, Inc.

Southern Bancorp, Inc. differentiates itself by focusing on serving underserved communities and offering community-oriented banking services similar to those of Community Trust Bancorp. While Southern Bancorp emphasizes social responsibility and economic development initiatives, Community Trust remains competitive through its diverse range of banking products and stronger presence in its traditional markets. However, Southern's targeted mission may resonate more with certain consumer segments, making them a nuanced competitor in terms of customer loyalty.