Kentucky Bancshares Inc (KTYB) |
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Price: $0.0000
$0.00
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Day's High:
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Day's Low: |
$ 0.00 |
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Volume (M): |
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52 Wk High: |
$ 0.00 |
Volume (M$): |
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Open: |
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Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
6 |
Employees |
243 |
Revenues (TTM) (Millions $) |
52 |
Net Income (TTM) (Millions $) |
13 |
Cash Flow (TTM) (Millions $) |
44 |
Capital Exp. (TTM) (Millions $) |
2 |
Kentucky Bancshares Inc
Kentucky Bancshares, Inc. is a bank holding company headquartered in Paris,
Kentucky. The Company was organized in 1981 and is registered under the Bank
Holding Company Act of 1956, as amended (“BHCA”).
The Company conducts its business in the Commonwealth of Kentucky through one
banking subsidiary, Kentucky Bank, and one non-bank subsidiary KBI Insurance
Company.
Kentucky Bank is a commercial bank and trust company organized under the laws
of Kentucky. Kentucky Bank has its main office in Paris (Bourbon County), with
additional offices in Paris, Cynthiana (Harrison County), Georgetown (Scott
County), Lexington (Fayette), Morehead (Rowan County), Nicholasville (Jessamine
County), Richmond (Madison County), Sandy Hook (Elliott County), Versailles
(Woodford County), Wilmore (Jessamine County) and Winchester (Clark County).
The deposits of Kentucky Bank are insured up to prescribed limits by the Deposit
Insurance Fund (“DIF”) of the Federal Deposit Insurance Corporation
(“FDIC”). KBI Insurance Company is a captive insurance subsidiary
and was incorporated in 2014.
The Company’s current business strategy is to operate a well-capitalized,
profitable and independent community bank with a significant presence in Central
and Eastern Kentucky. Management believes the optimum way to grow the Company
is by attracting new loan and deposit customers within its existing markets
through its product offerings and premier customer service. Management continues
to consider opportunities for branch expansion and will also consider acquisition
opportunities that help advance its strategic objectives.
Kentucky Bank is engaged in general full-service commercial and consumer banking.
A significant part of Kentucky Bank’s operating activities include originating
loans, approximately 83% of which are secured by real estate at December 31,
2015. Kentucky Bank makes commercial, agricultural and real estate loans to
its commercial customers, with emphasis on small-to-medium-sized industrial,
service and agricultural businesses. It also makes residential mortgage, installment
and other loans to its individual and other non-commercial customers.
Loan Rates: Kentucky Bank offers variable and fixed rate loans. Loan rates on
variable rate loans generally adjust upward or downward based on changes in
the loan’s index. Rate adjustments on variable rate loans are made from
1 day to 5 years. Variable rate loans may contain provisions that cap the amount
of interest rate increases or decreases over the life of the loan. In addition
to the lifetime caps and floors on rate adjustments, loans secured by residential
real estate may contain provisions that limit annual increases at a maximum
of 200 basis points. There is usually no annual limit applied to loans secured
by commercial real estate.
Credit Risk: Commercial lending and real estate construction lending, generally
include a higher degree of credit risk than other loans, such as residential
mortgage loans. Commercial loans, like other loans, are evaluated at the time
of approval to determine the adequacy of repayment sources and collateral requirements.
Collateral requirements vary to some degree among borrowers and depend on the
borrower’s financial strength, the terms and amount of the loan, and collateral
available to secure the loan. Credit risk results from the decreased ability
or willingness to pay by a borrower. Credit risk also results when a liquidation
of collateral occurs and there is a shortfall in collateral value as compared
to a loan’s outstanding balance. For construction loans, inaccurate initial
estimates of a project’s costs and the property’s completed value
could weaken the Company’s position and lead to the property having a
value that is insufficient to satisfy full payment of the amount of funds advanced
for the property. Secured and unsecured consumer loans generally are made for
automobiles, boats, and other motor vehicles. In most cases, loans are restricted
to Kentucky Bank’s general market area.
Other Products: Kentucky Bank offers its customers a variety of other services,
including checking, savings, money market accounts, certificates of deposits,
safe deposit facilities, credit cards and other consumer-oriented financial
services. Kentucky Bank has Internet banking, including bill payment available
to its customers at www.kybank.com. Through its Wealth Management Department,
Kentucky Bank provides brokerage services, annuities, life and long term care
insurance, personal trust and agency services (including management agency services).
Company Address: P.O. Box 157 Paris 40362 KY
Company Phone Number: 987-1795 Stock Exchange / Ticker: KTYB
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Customers Net Income grew by |
KTYB's Customers Net Profit Margin grew to |
202.91 % |
19.42 %
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Stock Performances by Major Competitors |
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Middlefield Banc Corp
Middlefield Banc Corp, a regional bank based in Middlefield, Ohio, has seen a decline in its stock price over the last five trading days. The stock has dropped by -4.12%, bringing the share price to -29.58% over the past 90 days. Furthermore, the stock is currently trading only 7.4% above its 52-week low. This decrease in stock price can be attributed to the company's recent announcement regarding a reduction in earnings per share. In the financial fourth quarter of 2023, Middlefield Banc Corp reported a decrease of -36.23% in earnings per share, amounting to $0.34 per share. Additionally, the company experienced a decline of -0.436% in revenue, which amounted to $16.42 million for the same period. These figures represent a decline from the previous reporting season, where earnings per share were $0.47 and revenue was $16.66 million.
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Embassy Bancorp Inc
Embassy Bancorp, Inc. recently announced its financial results for the three and nine months ended September 30, 2023, as well as for the financial period ending December 31, 2023. The company reported a significant decline in net profit per share, plummeting by -42.59% to $0.37 per share compared to $0.65 in the previous year. Additionally, net profit per share decreased by -4.66% from $0.39 per share in the prior reporting period. The revenue also took a hit, crumbling by -24.575% to $9.49 million from $12.59 million in the comparable financial reporting period a year prior. Sequentially, revenue deteriorated by -7.566% from $10.27 million. Net profits of $2.820 million in the financial period ending December 31, 2023, fell by -43.38% from $4.981 million in the corresponding period a year before.
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Texas Community Bancshares Inc
Texas Community Bancshares Inc has seen a rollercoaster of financial results in recent months. While the company reported a net loss of $733,000 for the year ended December 31, 2023, it has shown signs of improvement in the past few trading days. The solid gain of 6.03% in TCBS shares over the past five trading days is a positive sign for investors. However, the drop in TCBS shares by 6.17% during March 2024 is a cause for concern. Despite this decline, TCBS shares are gaining momentum and are only 4.3% shy of their 52-week high. It will be interesting to see how the company navigates these fluctuations in the stock market.
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Northeast Community Bancorp Inc
Northeast Community Bancorp, Inc. (Nasdaq: NECB) has recently announced a quarterly cash dividend of $0.06 per common share, highlighting the company's commitment to delivering value to its shareholders. This move demonstrates the stability and resilience of Northeast Community Bancorp, Inc. amidst challenging market conditions. The fourth quarter of 2023 saw a significant improvement in Northeast Community Bancorp, Inc.'s financial performance, with EPS increasing by 117.11% year on year to $1.04 per share and revenue growing by 23.951% to $26.39 million. This positive trend indicates the Company's strong position in the regional banks sector, especially when compared to other businesses struggling with declining transactions and revenue.
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Blue Foundry Bancorp
Weak orders caused growth in losses for the financial three months ending December 31 2023, BLFYs' net loss per share grew at $-0.13 from $0.02 where Revenue went down by -29.298 % to $9.61 million from $13.60 million a year ago.
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Per Share |
Current |
Earnings (TTM) |
2.12 $ |
Revenues (TTM) |
8.68 $
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Cash Flow (TTM) |
7.36 $ |
Cash |
72.32 $
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Book Value |
21.22 $
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Dividend (TTM) |
0.73 $ |
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Per Share |
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Earnings (TTM) |
2.12 $
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Revenues (TTM) |
8.68 $ |
Cash Flow (TTM) |
7.36 $ |
Cash |
72.32 $
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Book Value |
21.22 $ |
Dividend (TTM) |
0.73 $ |
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