CITY HOLDING CO

City Holding Company's Board of Directors declared a quarterly cash dividend of $0.87 per common share. This dividend will be distributed to shareholders of record as of July 15, 2026, with the payment scheduled for July 31, 2026.

City Holding Company announced the promotion of David L. Bumgarner to Senior Executive Vice President and Chief Financial Officer, effective May 27, 2026. Mr. Bumgarner, 61, has served as the Executive Vice President and Chief Financial Officer since April 2019. His compensation will align with the Bank's current executive practices, and benefits will be similar to those previously disclosed.

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.

City Holding Company announced the appointment of Michael "Tim" T. Quinlan, Jr., age 57, as President of City National Bank of West Virginia, effective April 29, 2026. Mr. Quinlan previously served as Executive Vice President, Retail Banking. Concurrently, Charles "Skip" R. Hageboeck transitioned from President of the Bank but will remain Chief Executive Officer of the Bank and President and Chief Executive Officer of City Holding Company. His employment agreement was amended to reflect this title change.

City Holding Company reported net income of $31.7 million and diluted earnings per share of $2.20 for the first quarter ended March 31, 2026. The company achieved a return on assets of 1.92% and a return on tangible equity of 19.3%. Net interest income decreased by $1.0 million, or 1.6%, to $59.6 million compared to the previous quarter, primarily due to a decrease in the yield on loans.