earnings
confidence high
sentiment positive
materiality 0.70
City Holding posts record quarterly net income of $32.7M, EPS $2.16
CITY HOLDING CO
2023-Q2 EPS reported
$3.79
- Net income $32.7M, diluted EPS $2.16; ROA 2.12%, return on tangible equity 27.4%.
- Net interest income $55.5M (+3.8% QoQ); Citizens acquisition added $2.9M.
- Non-interest income $20.3M vs $17.9M a year ago; BOLI benefit and trust fee growth.
- Dividend of $0.65/share payable July 31; 269,000 shares repurchased at avg $88.93.
- NPA ratio stable at 0.17%; loan-to-deposit ratio 78.2%; tangible equity $473M.