earnings
confidence high
sentiment neutral
materiality 0.65
City Holding Q3 net income $29.8M ($2.02 EPS); dividend raised 10% to $0.79
CITY HOLDING CO
2024-Q3 EPS reported
$5.96
- Net income $29.8M, diluted EPS $2.02; ROA 1.87%, ROE 20.9%.
- Net interest income $55.6M (+1.8% QoQ); net interest margin steady at 3.87%.
- NPA ratio increased to 0.39% from 0.25%; $2.0M charge-off on a movie theater loan.
- Non-interest income $20.3M (+16.7% YoY); non-interest expenses $37.6M (+7.5% YoY).
- Quarterly dividend raised 10% to $0.79/share; leverage ratio 10.2%, CET1 16.0%.