City Holding Co (CHCO) Tops Q2 EPS by 4c

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Go back to City Holding Co (CHCO) Tops Q2 EPS by 4c

City Holding Company Announces Second Quarter Results

July 26, 2016 7:30 AM EDT

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company (Company or City) (NASDAQ: CHCO), a $3.8 billion bank holding company headquartered in Charleston, today announced quarterly net income of $12.5 million and diluted earnings of $0.83 per share.

Highlights of the Companys second quarter performance and results included the following:

Return on assets and return on tangible equity of 1.31% and 14.5%, respectively. Reported net interest income increased $0.9 million from the quarter ended June 30, 2015, while net interest income exclusive of accretion from fair value adjustments increased $1.5 million from the quarter ended June 30, 2015.... More