The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its ninth stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the second of five financial services sector stock candidates vying to be that ninth selection and first financial member of the Vista portfolio.

My subject today is a small-cap regional Kentucky bank, Community Trust Bancorp Inc. Its trading ticker symbol is CTBI. This is my first report on Community Trust Bancorp Inc for this Vista portfolio but I reported on it for Volio my fifth portfolio. 

• Community Trust Bancorp Inc is a bank holding company providing commercial and personal banking and trust and wealth management activities. 
• The bank's services include accepting time and demand deposits; making secured and unsecured loans; cash management services; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. 
• Its other services consist of residential and commercial real estate loans; checking accounts; regular and term savings accounts and savings certificates; full-service securities brokerage services; consumer loans; annuity and life insurance products; Individual Retirement Accounts and Keogh plans; and repurchase agreements. 
• The company has one operating segment, community banking services.

The company operates 79 banking locations in eastern, northeastern, central, south-central Kentucky, southern West Virginia, and northeastern Tennessee; 4 trust offices in Kentucky; and 1 trust office in Tennessee. 

Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.

I use three key data points to gauge dividend equities or funds like Community Trust Bancorp Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

CTBI Price

Community Trust's price per share closed at $32.19 yesterday. A year ago its price was $44.49. Price fell $12.30 or over 27.6% last year.

If Community Trust's stock trades in the range of $28 to $38 this next year, its recent $32.19 price might rise by $0.81 to reach $33.00 by November 3, 2021. 

CTBI Dividends

Community Trust's most recently declared quarterly dividend was $0.385 payable January 1st, 2021. Dividends are estimated to total $1.54 per share annually and yield 4.78% at yesterday's $32.19 closing price.

CTBI Gains?

Adding the $1.54 annual anticipated dividend to my $0.81 optimistic estimate of Community Trust's price upside shows a $2.35 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little under $1,000.00 today in Community Trust Bancorp Inc at $32.19 and we would buy 31 shares of CTBI stock.

A $10 broker fee (if any) paid half at purchase and half at sale would cost us about $0.32 per share.

Subtract that $0.32 brokerage cost from my estimated $2.35 gross gain per share results in a net gain of $2.03 X 31 shares = $62.93 for a 6.3% net gain on a $997.89 investment.

So it goes that Community Trust Bancorp Inc shows a possible 6.3% net gain including a 4.78% dividend yield. It could be more, it could be less.   

All of the estimates above are speculation based on the past history of Community Trust Bancorp Inc. Only time and money invested in this stock will determine its worth.