City Holding Co (CHCO) Tops Q4 EPS by 10c

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Go back to City Holding Co (CHCO) Tops Q4 EPS by 10c

City Holding Company Announces Annual Earnings

January 19, 2017 7:30 AM EST

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company (Company or City) (NASDAQ: CHCO), a $4.0 billion bank holding company headquartered in Charleston, West Virginia, today announced net income of $52.1 million and diluted earnings of $3.45 per share for the year ended December 31, 2016.

Highlights of the Companys performance and results for the year ended December 31, 2016 include the following:

Return on assets and return on tangible equity of 1.36% and 14.8%, respectively. Reported net interest income increased $4.0 million (3.4%) from the year ended December 31, 2015, while net interest income exclusive of accretion from fair value adjustments... More