secwatch.observer — SEC 8-K summary
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Issuer:     CITY HOLDING CO (CHCO)
CIK:        0000726854
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000726854-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

City Holding reports record net income of $114.4M in 2023; diluted EPS $7.61
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- Full-year 2023 net income $114.4M, diluted EPS $7.61 (record); ROA 1.87%, ROTE 23.8%.
- Net interest income increased to $219.2M from $180.0M in 2022; net interest margin 4.01% vs 3.33%.
- Completed acquisition of Citizens Commerce Bancshares; loans grew 13.2% including acquisition, 6.2% organic.
- Nonperforming assets ratio 0.21% at year-end, up from 0.17% due to acquisition; provision $3.2M for year.
- Dividend of $0.715 per share declared; repurchased 667,000 shares at avg $90.21 during 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726854/000072685424000006/0000726854-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726854/000072685424000006/chco-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000726854-24-000006

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