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Kentucky Bancshares Inc  (KTYB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 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
   


Customers Net Income grew by KTYB's Customers Net Profit Margin grew to

202.91 %

19.42 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -2.19%    
FITB   -2.51%    
MTB   -1.61%    
NTRS        1.27% 
SIVB   -5.37%    
• View Complete Report
   



Horizon Bancorp Inc

Horizon Bancorp Inc's Stock Price Soars Despite Financial Challenges

Horizon Bancorp Inc, a regional bank company, has recently seen an increase in its share price over the last month and the last five trading days, despite facing some challenges in its financial performance. The company's shares have seen a 3.35% increase over the course of the last 30 days and a 4.34% increase over the last five trading days. This positive movement in the stock price is a good sign for investors, but it is important to also consider the company's financial results and operational performance in order to fully understand the reasons behind this increase.
For the period ending December 31, 2023, Horizon Bancorp Inc reported a shortfall of $-0.57 per share, compared to a profit of $0.48 per share in the previous year. This decrease in earnings per share is concerning and indicates that the company may be facing challenges in generating profits. The revenue also fell sharply by -63.126% to $20.53 million from $55.69 million in the same period a year before. This drop in revenue could be attributed to various factors such as slowing demand or changes in the market environment.

Ohio Valley Banc Corp

OVBC Impresses Market with Revenue Growth, But Concerns Linger Over Shrinking EPS



In the face of a challenging landscape for regional banks, Ohio Valley Banc Corp (OVBC) managed to achieve expanding sales in its most recent fiscal period. However, the company experienced a shrinking earnings per share (EPS), raising questions about its future prospects. Let's delve into the financial results to better understand how these developments may impact the company going forward.
Expanding Sales, Decreasing EPS:
OVBC reported a 9.944% increase in revenue, reaching $14.21 million compared to $12.92 million on a year-over-year basis. While this indicates positive growth, the bottom-line paints a different picture, with EPS decreasing by 7.99% to $0.68 per share from $0.74 in the prior year's reporting season. This discrepancy suggests that OVBC's profitability is not keeping pace with its revenue growth.

South Plains Financial Inc

South Plains Financial Inc. Faces Decline in Earnings and Revenue in Fourth Quarter of 2023

South Plains Financial Inc (NASDAQ: SPFI) recently reported its financial results for the fourth quarter of 2023 earnings season, and it was not a pretty picture. Both revenue and earnings took a significant hit, with income falling by -14.8% to $0.62 per share and revenue by -10.343% year on year. Revenue in the fourth quarter of 2023 stood at $43.71 million, compared to $48.75 million in the same period of the previous year.
Furthermore, the decline in performance was not just limited to the year-on-year comparison. Compared to the prior quarter, income saw a staggering drop of -20.06% from $0.78 per share, and revenue deteriorated by -10.188% from $48.67 million. Net profits for the financial fourth quarter of 2023 also fell by -18.2% to $10.324 million, down from $12.621 million in the corresponding period a year before.

First Western Financial Inc

Company's Top-Line Plunges in Recent Fiscal Period

First Western Financial Inc (NASDAQ: MYFW) has recorded a disappointing fiscal span ending December 31, 2023, reflecting significant declines in both revenue and earnings. The company reported a drastic decline of -48.776% in revenue, which plummeted to $13.92 million compared to the previous year. Additionally, MYFW recorded a substantial shortfall per share, falling to $-0.33 from $0.49 in the fourth quarter of 2022.
The decline in revenue is evident when comparing it to the preceding quarter, where income per share dropped from $0.32 per share and revenue tumbled by -38.237% from $22.54 million. These figures indicate a concerning trend of decreasing revenue for First Western Financial Inc.

Coastal Financial Corporation

Coastal Financial Corporation Bucks Trend with Revenue Increase, Earnings Plummet

Coastal Financial Corporation, a Regional Banks company, recently reported its financial results for the quarter ending December 31, 2023. While the company saw a slight increase in revenue of 1.461%, it also experienced a significant decrease in income of -26.98% compared to the same quarter a year prior. Despite the revenue gain, earnings per share (EPS) also fell to $0.65.
The behavior of Coastal Financial Corporation, as a Regional Banks company, has come as a surprise to many industry analysts. While other companies in the Regional Banks sector saw an average reduction in business of -8.12%, Coastal Financial Corporation managed to achieve a revenue increase. However, this was not enough to offset the significant decline in income.






 

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