City Holding Co (CHCO) Tops Q3 EPS by 9c

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Go back to City Holding Co (CHCO) Tops Q3 EPS by 9c

City Holding Company Announces Third Quarter Results

October 24, 2016 7:30 AM EDT

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company (Company or City) (NASDAQ: CHCO), a $3.9 billion bank holding company headquartered in Charleston, West Virginia, today announced quarterly net income of $13.2 million and diluted earnings of $0.88 per share.

Highlights of the Companys third quarter performance and results include the following:

Return on assets and return on tangible equity of 1.38% and 14.9%, respectively. Reported net interest income increased $1.9 million from the quarter ended September 30, 2015, while net interest income exclusive of accretion from fair value adjustments increased $2.3 million from the quarter ended September... More