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, Community Trust stock fell as much as $7.95 or 10.6%, during intraday trading on October 21, 2026, thereby injuring investors.