Exhibit 99.1

April 15, 2026

FOR ADDITIONAL INFORMATION, PLEASE CONTACT MARK A. GOOCH, CHAIRMAN, PRESIDENT, AND CEO, COMMUNITY TRUST BANCORP, INC. AT (606) 437-3229

Pikeville, Kentucky:

COMMUNITY TRUST BANCORP, INC. REPORTS EARNINGS FOR THE 1ST QUARTER 2026

Earnings Summary

Community Trust Bancorp, Inc. (NASDAQ-CTBI) achieved earnings for the first quarter 2026 of $27.2 million, or $1.51 per basic earnings per share, compared to $27.3 million, or $1.51 per basic share, earned during the fourth quarter 2025 and $22.0 million, or $1.22 per basic share, earned during the first quarter 2025.  Total revenue for the quarter was $0.5 million below prior quarter but $8.0 million above prior year same quarter.  Net interest income for the quarter increased $0.7 million compared to prior quarter and $7.5 million compared to prior year same quarter, and noninterest income decreased $1.2 million compared to prior quarter but increased $0.5 million compared to prior year same quarter.  Our provision for credit losses for the quarter decreased $0.6 million from prior quarter and $1.3 million from prior year same quarter.  Noninterest expense increased $0.1 million compared to prior quarter and $2.3 million compared to prior year same quarter.

1st Quarter 2026 Highlights

❖	Net interest income for the quarter of $58.8 million was $0.7 million, or 1.1%, above prior quarter and $7.5 million, or 14.7%, above prior year same quarter, as our net interest margin increased 12 basis points from prior quarter and 22 basis points from prior year same quarter.

❖	Provision for credit losses at $2.3 million for the quarter decreased $0.6 million from prior quarter and $1.3 million from prior year same quarter.

❖	Noninterest income for the quarter of $15.4 million was $1.2 million, or 7.2%, below prior quarter but $0.5 million, or 3.5%, above prior year same quarter.

❖	Noninterest expense for the quarter of $36.5 million was $0.1 million, or 0.2%, above prior quarter and $2.3 million, or 6.8%, above prior year same quarter.

❖	Our loan portfolio at $5.0 billion increased $95.9 million, an annualized 7.9%, for the quarter and $354.3 million, or 7.6%, from March 31, 2025.

❖	We had net loan charge-offs of $1.3 million, an annualized 0.11% of average loans, for the quarter compared to $1.8 million, an annualized 0.14% of average loans, for prior quarter and $1.6 million, an annualized 0.14% of average loans, for the first quarter 2025.

❖	Our total nonperforming loans at $20.7 million at March 31, 2026 increased $1.6 million for the quarter but decreased $5.8 million from March 31, 2025.  Nonperforming assets at $24.1 million increased $1.9 million for the quarter but decreased $7.2 million from March 31, 2025.

❖	Deposits, including repurchase agreements, at $5.7 billion increased $35.1 million, an annualized 2.5%, for the quarter and $375.1 million, or 7.0%, from March 31, 2025.

❖	Shareholders’ equity at $871.2 million increased $15.2 million, an annualized 7.2%, for the quarter and $87.1 million, or 11.1%, from March 31, 2025.

Net Interest Income

Net interest income for the quarter of $58.8 million was $0.7 million, or 1.1%, above prior quarter and $7.5 million, or 14.7%, above prior year same quarter, as our net interest margin, on a fully tax equivalent basis, increased 12 basis points from prior quarter and 22 basis points from prior year same quarter.  Our quarterly average earning assets increased $5.4 million, an annualized 0.3%, from prior quarter and $479.2 million, or 8.2%, from prior year same quarter.  Our yield on average earning assets increased 1 basis point from prior quarter but decreased 6 basis points from prior year same quarter, while our cost of funds decreased 17 basis points from prior quarter and 41 basis points from prior year same quarter.

Our ratio of average loans to deposits, including repurchase agreements, was 87.2% for the quarter compared to 84.9% for prior quarter and 85.9% for same quarter prior year.

Noninterest Income

Noninterest Expense

Provision for Credit Losses

Our provision for credit losses at $2.3 million for the quarter decreased $0.6 million from prior quarter and $1.3 million from prior year same quarter.  Of the provision for the quarter, $2.5 million was attributable to the allowance for credit losses, with an expense recovery of $0.2 million recognized in the provision for unfunded commitments.

Balance Sheet Review

Total Loans

Total Deposits and Repurchase Agreements

CTBI’s total assets at $6.7 billion increased $57.0 million, or 3.5% annualized, for the quarter and $464.6 million, or 7.4%, from March 31, 2025.  Loans outstanding at $5.0 billion increased $95.9 million, an annualized 7.9%, for the quarter and $354.3 million, or 7.6%, from March 31, 2025.  The increase in loans for the quarter included a $46.8 million increase in the commercial loan portfolio, a $43.3 million increase in the residential loan portfolio, and an $11.5 million increase in the consumer indirect loan portfolio, partially offset by a $5.7 million decrease in the consumer direct loan portfolio.  CTBI’s investment portfolio at $1.1 billion decreased $33.0 million, an annualized 11.9%, for the quarter as management allocated investment maturities into the loan portfolio but increased $79.1 million, or 7.8%, from March 31, 2025.  Deposits in other banks decreased $33.8 million for the quarter and $5.1 million from March 31, 2025.  Deposits, including repurchase agreements, at $5.7 billion increased $35.1 million, an annualized 2.5%, for the quarter and $375.1 million, or 7.0%, from March 31, 2025.  CTBI is not dependent on any one customer or group of customers for their source of deposits.  As of March 31, 2026, two customers accounted for over 3% each (3.7% and 3.2%) of our $5.4 billion in deposits.  Only these two customer relationships accounted for more than 1% each of our deposits.

Shareholders’ equity at $871.2 million increased $15.2 million, an annualized 7.2%, for the quarter and $87.1 million, or 11.1%, from March 31, 2025.  Net unrealized losses on securities, net of deferred taxes, were $68.0 million at March 31, 2026, compared to $64.8 million at December 31, 2025 and $86.1 million at March 31, 2025.  CTBI’s annualized dividend yield to shareholders as of March 31, 2026 was 3.49%.

Asset Quality

Our total nonperforming loans at $20.7 million at March 31, 2026 increased $1.6 million for the quarter but decreased $5.8 million from March 31, 2025.  Nonaccrual loans at $11.1 million increased $2.6 million from prior quarter but decreased $4.6 million from March 31, 2025.  Accruing loans 90+ days past due at $9.6 million decreased $1.0 million from prior quarter and $1.2 million from March 31, 2025.  Accruing loans 30-89 days past due at $24.8 million increased $4.6 million from prior quarter and $10.3 million from March 31, 2025.  Our loan portfolio management processes focus on the immediate identification, management, and resolution of problem loans to maximize recovery and minimize loss.

We had net loan charge-offs of $1.3 million, an annualized 0.11% of average loans, for the quarter compared to $1.8 million, an annualized 0.14% of average loans, for prior quarter and $1.6 million, an annualized 0.14% of average loans, for the first quarter 2025.  Of the net charge-offs for the quarter, $0.5 million were in commercial loans, $0.2 million were in residential loans, $0.5 million were in consumer indirect loans, and $0.1 million were in consumer direct loans.

Allowance for Credit Losses

Our reserve coverage (allowance for credit losses to nonperforming loans) at March 31, 2026 was 295.8% compared to 314.0% at December 31, 2025 and 214.7% at March 31, 2025.  Our loan loss reserve as a percentage of total loans outstanding at March 31, 2026 remained at 1.23% from December 31, 2025 and March 31, 2025.  The table below shows the changes in components of the allowance for credit losses during the first quarter 2026:

Forward-Looking Statements

Certain of the statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act.  CTBI’s actual results may differ materially from those included in the forward-looking statements. Forward-looking statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may increase,” “may fluctuate,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” and “could.”  These forward-looking statements involve risks and uncertainties including, but not limited to, economic conditions, portfolio growth, the credit performance of the portfolios, including bankruptcies, and seasonal factors; changes in general economic conditions including the performance of financial markets, prevailing inflation and interest rates, realized gains from sales of investments, gains from asset sales, and losses on commercial lending activities; the effects of epidemics, pandemics, or other infectious disease outbreaks; results of various investment activities; the effects of competitors’ pricing policies, changes in laws and regulations, competition, and demographic changes on target market populations’ savings and financial planning needs; industry changes in information technology systems on which we are highly dependent; failure of acquisitions to produce revenue enhancements or cost savings at levels or within the time frames originally anticipated or unforeseen integration difficulties; the resolution of legal  proceedings and related matters.  In addition, the banking industry in general is subject to various monetary, operational, and fiscal policies and regulations, which include, but are not limited to, those determined by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and state regulators, whose policies, regulations, and enforcement actions could affect CTBI’s results.  These statements are representative only on the date hereof, and CTBI undertakes no obligation to update any forward-looking statements made.

Community Trust Bancorp, Inc., with assets of $6.7 billion, is headquartered in Pikeville, Kentucky and has 69 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.

Additional information follows.

Community Trust Bancorp, Inc.
Financial Summary (Unaudited)
March 31, 2026
(in thousands except per share data and # of employees)
		Three				Three				Three
		Months				Months				Months
		Ended				Ended				Ended
		March 31, 2026				December 31, 2025				March 31, 2025
Interest income		$	87,755			$	89,532			$	82,054
Interest expense			28,973				31,415				30,787
Net interest income			58,782				58,117				51,267
Provision for credit losses			2,311				2,908				3,568
Gains on sales of loans			51				107				47
Deposit related fees			7,155				7,537				6,822
Trust and wealth management income			4,462				4,422				3,981
Loan related fees			1,039				932				965
Securities gains (losses)			(488	)			194				480
Other noninterest income			3,195				3,411				2,602
Total noninterest income			15,414				16,603				14,897
Personnel expense			22,105				21,933				20,118
Occupancy and equipment			3,699				3,373				3,440
Data processing expense			2,955				2,877				2,859
FDIC insurance			744				745				689
Other noninterest expense			7,034				7,524				7,102
Total noninterest expense			36,537				36,452				34,208
Net income before taxes			35,348				35,360				28,388
Income taxes			8,156				8,084				6,416
Net income		$	27,192			$	27,276			$	21,972
Memo: TEQ interest income		$	88,072			$	89,855			$	82,327
Average shares outstanding			18,049				18,025				17,995
Diluted average shares outstanding			18,080				18,064				18,022
Basic earnings per share		$	1.51			$	1.51			$	1.22
Diluted earnings per share		$	1.50			$	1.51			$	1.22
Dividends per share		$	0.53			$	0.53			$	0.47
Average balances:
Loans		$	4,934,257			$	4,821,223			$	4,533,091
Earning assets			6,327,329				6,321,901				5,848,092
Total assets			6,669,401				6,657,596				6,176,389
Deposits, including repurchase agreements			5,661,967				5,677,448				5,276,893
Interest bearing liabilities			4,494,829				4,485,186				4,138,451
Shareholders' equity			873,726				851,231				774,907
Performance ratios:
Return on average assets			1.65	%			1.63	%			1.44	%
Return on average equity			12.62	%			12.71	%			11.50	%
Yield on average earning assets (tax equivalent)			5.65	%			5.64	%			5.71	%
Cost of interest bearing funds (tax equivalent)			2.61	%			2.78	%			3.02	%
Net interest margin (tax equivalent)			3.79	%			3.67	%			3.57	%
Efficiency ratio (tax equivalent)			48.72	%			48.70	%			51.86	%
Loan charge-offs		$	2,686			$	3,022			$	2,722
Recoveries			(1,368	)			(1,267	)			(1,147	)
Net charge-offs		$	1,318			$	1,755			$	1,575
Market Price:
High		$	65.79			$	61.55			$	56.96
Low		$	56.05			$	50.25			$	48.82
Close		$	60.72			$	56.50			$	50.36

		As of				As of				As of
		March 31, 2026				December 31, 2025				March 31, 2025
Assets:
Loans		$	4,990,821			$	4,894,942			$	4,636,536
Allowance for credit losses			(61,321	)			(60,169	)			(56,961	)
Net loans			4,929,500				4,834,773				4,579,575
Loans held for sale			73				211				-
Securities AFS			1,088,205				1,120,719				1,008,552
Equity securities at fair value			3,666				4,154				4,261
Other equity investments			10,087				10,087				9,773
Other earning assets			269,178				302,928				274,229
Cash and due from banks			91,572				62,851				68,532
Premises and equipment			53,114				52,611				50,753
Right of use asset			14,999				15,433				15,636
Goodwill and core deposit intangible			65,490				65,490				65,490
Other assets			215,284				214,881				199,717
Total Assets		$	6,741,168			$	6,684,138			$	6,276,518
Liabilities and Equity:
Interest bearing checking		$	190,769			$	195,458			$	158,968
Savings deposits			2,426,062				2,377,091				2,344,430
CD's >=$100,000			959,996				960,517				800,359
Other time deposits			594,558				592,749				572,004
Total interest bearing deposits			4,171,385				4,125,815				3,875,761
Noninterest bearing deposits			1,262,835				1,263,243				1,235,544
Total deposits			5,434,220				5,389,058				5,111,305
Repurchase agreements			298,721				308,799				246,556
Other interest bearing liabilities			64,512				64,577				64,767
Lease liability			15,995				16,417				16,461
Other noninterest bearing liabilities			56,475				49,215				53,257
Total liabilities			5,869,923				5,828,066				5,492,346
Shareholders' equity			871,245				856,072				784,172
Total Liabilities and Equity		$	6,741,168			$	6,684,138			$	6,276,518
Ending shares outstanding			18,156				18,116				18,102
30 - 89 days past due loans		$	24,800			$	20,182			$	14,537
90 days past due loans			9,599				10,623				10,835
Nonaccrual loans			11,132				8,539				15,692
Foreclosed properties			3,348				3,066				4,795
Community bank leverage ratio			13.91	%			13.64	%			13.81	%
Tangible equity to tangible assets ratio			12.07	%			11.94	%			11.57	%
FTE employees			974				991				988