Quarterly ResultMay 6, 2026, 11:58 AM
City Holding Q1 Net Income +4.6% to $31.7M; EPS $2.20
AI Summary
City Holding Company reported a 4.6% increase in net income to $31.7 million for the first quarter of 2026, with diluted earnings per share rising 6.8% to $2.20. Net interest income grew by 6.8% to $59.6 million, driven by a decrease in interest expense. The company also saw a 4.8% increase in non-interest income and declared cash dividends of $0.87 per share.
Key Highlights
- Net income available to common shareholders increased 4.6% to $31.7 million.
- Diluted earnings per common share rose 6.8% to $2.20.
- Net interest income grew 6.8% to $59.6 million.
- Total interest expense decreased 11.2% to $19.2 million.
- Total non-interest income increased 4.8% to $19.6 million.
- Cash dividends declared were $0.87 per share, up from $0.79.
- Total assets increased 0.6% to $6.76 billion since Dec 31, 2025.
- Total deposits increased 0.8% to $5.34 billion since Dec 31, 2025.
Price Impact
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