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Stock impact report

City Holding Company Announces Third Quarter Results

City Holding Company (CHCO) 
Last city holding company earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company (“Company” or “City”) (NASDAQ:CHCO), a $4.4 billion bank holding company headquartered in Charleston, today announced quarterly net income of $20.7 million and diluted earnings of $1.33 per share. Highlights of the Company’s third quarter performance and results included the following: Return on assets and return on tangible equity of 1.90% and 18.9%, respectively. Reported net interest income increased $3.5 million, or 11.0%, from the quarter ended September 30, 2017, while net interest income exclusive of accretion from fair value adjustments increased $3.6 million, or 11.4%, from the quarter ended September 30, 2017. Primarily due to continued improvement in the Company’s historical loss rates, no provision for loan losses was recorded in the third quarter of 2018. Show less Read more
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