NASDAQ : CHCO
City Holding Company — Financial statements
Financials · Banks - Regional · United States
Last price 143.8 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.02B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 258.79M | 252.49M | 241.52M | 212.69M | 146.54M | 136.68M |
| Interest Income on Investments | 63.56M | 68.73M | 64.91M | 58.57M | 43.15M | 28.79M |
| Total Interest Income | 322.34M | 321.22M | 306.43M | 271.26M | 189.69M | 165.47M |
| Interest Paid on Deposits | 60.48M | 65.36M | 64.53M | 37.29M | 7.44M | 9.40M |
| Interest Paid on Borrowings | 18.32M | 19.46M | 21.66M | 14.74M | 2.21M | 489.00K |
| Total Interest Expense | 78.81M | 84.81M | 86.19M | 52.02M | 9.65M | 9.89M |
| Net Interest Income | 243.54M | 236.40M | 220.24M | 219.24M | 180.03M | 155.57M |
| Trust Income | 13.52M | 12.35M | 11.26M | 9.56M | 8.80M | 8.41M |
| Gain (Loss) on Sale of Investments | -273.00K | -401.00K | -2.65M | -4.48M | -1.58M | 816.00K |
| Other Non-Interest Income | 67.57M | 65.82M | 64.73M | 65.54M | 64.86M | 60.41M |
| Total Non-Interest Income | 80.82M | 77.77M | 73.33M | 70.63M | 72.08M | 69.64M |
| Revenues Before Loan Losses | 324.35M | 314.17M | 293.57M | 289.87M | 252.11M | 225.21M |
| Provision for Loan Losses | 1.86M | -1.40M | 1.82M | 3.24M | 474.00K | -3.17M |
| Revenue | 322.50M | 315.57M | 291.75M | 286.63M | 251.64M | 228.38M |
| Salaries and Employee Benefits | 77.04M | 74.45M | 71.90M | 69.09M | 62.58M | 57.83M |
| Federal Deposit Insurance | 3.11M | 3.05M | 2.89M | 2.92M | 1.67M | 1.58M |
| Selling, General & Administrative | 35.27M | 34.14M | 32.83M | 30.30M | 37.31M | 36.69M |
| Other Non-Interest Expense | 40.57M | 39.31M | 39.36M | 36.03M | 22.41M | 21.14M |
| Total Non-Interest Expense | 156.25M | 151.20M | 147.24M | 138.37M | 124.03M | 117.19M |
| EBT Excluding Unusual Items | 166.25M | 164.37M | 144.52M | 148.26M | 127.60M | 111.19M |
| Pretax Income | 163.35M | 161.47M | 144.52M | 143.11M | 127.33M | 111.19M |
| Income Tax Expense | 32.14M | 30.98M | 27.41M | 28.74M | 25.26M | 23.11M |
| Net Income | 131.21M | 130.49M | 117.10M | 114.36M | 102.07M | 88.08M |
| Preferred Dividends & Other Adjustments | 1.27M | 1.16M | 1.07M | 1.04M | 958.00K | 843.00K |
| Net Income to Common | 129.94M | 129.33M | 116.03M | 113.33M | 101.11M | 87.24M |
| Basic Shares Outstanding | 14.17M | 14.47M | 14.68M | 14.87M | 14.85M | 15.38M |
| Diluted Shares Outstanding | 14.19M | 14.48M | 14.70M | 14.89M | 14.87M | 15.41M |
| EPS (Basic) | 9.17 | 8.94 | 7.91 | 7.62 | 6.81 | 5.67 |
| EPS (Diluted) | 9.16 | 8.93 | 7.89 | 7.61 | 6.80 | 5.66 |
| Dividend Per Share | 3.61 | 3.32 | 3.01 | 2.73 | 2.50 | 2.34 |
| Effective Tax Rate | 19.68% | 19.19% | 18.97% | 20.08% | 19.84% | 20.79% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 201.38M | 191.92M | 225.39M | 156.28M | 200.00M | 634.63M |
| Investment Securities | 29.84M | 270.01M | 287.89M | 318.91M | 361.92M | 358.88M |
| Trading Asset Securities | 35.09M | 57.49M | 60.53M | 81.84M | 29.03M | |
| Mortgage-Backed Securities | 1.46B | 1.30B | 1.21B | 1.09B | 1.21B | 1.10B |
| Total Investments | 1.49B | 1.61B | 1.55B | 1.47B | 1.65B | 1.49B |
| Gross Loans | 4.55B | 4.51B | 4.27B | 4.13B | 3.65B | 3.54B |
| Allowance for Loan Losses | -19.62M | -19.86M | -21.92M | -22.75M | -17.11M | -18.17M |
| Net Loans | 4.53B | 4.49B | 4.25B | 4.10B | 3.63B | 3.53B |
| Property, Plant & Equipment | 67.05M | 69.13M | 70.54M | 72.15M | 70.79M | 74.07M |
| Goodwill | 149.76M | 149.76M | 149.90M | 108.94M | 108.94M | |
| Other Intangible Assets | 156.41M | 8.11M | 10.28M | 12.67M | 6.79M | 8.18M |
| Accrued Interest Receivable | 22.95M | 20.72M | 20.65M | 20.29M | 18.29M | 15.63M |
| Long-Term Deferred Tax Assets | 46.89M | 30.00M | 41.70M | 42.22M | 44.88M | 63.00K |
| Other Real Estate Owned & Foreclosed | 180.00K | 482.00K | 754.00K | 731.00K | 909.00K | 1.32M |
| Other Long-Term Assets | 271.41M | 156.82M | 135.12M | 136.42M | 145.09M | 143.89M |
| Total Assets | 6.79B | 6.72B | 6.46B | 6.17B | 5.88B | 6.00B |
| Interest Bearing Deposits | 3.90B | 3.42B | 3.36B | 3.25B | 3.25B | 3.20B |
| Institutional Deposits | 467.70M | 441.90M | 338.40M | 271.50M | 352.80M | |
| Non-Interest Bearing Deposits | 1.46B | 1.41B | 1.34B | 1.34B | 1.35B | 1.37B |
| Total Deposits | 5.36B | 5.30B | 5.14B | 4.93B | 4.87B | 4.93B |
| Short-Term Borrowings | 367.38M | 402.05M | 376.91M | 383.43M | 356.02M | 336.74M |
| Current Portion of Leases | 1.11M | |||||
| Federal Home Loan Bank Debt, Long-Term | 150.00M | 150.00M | 150.00M | 100.00M | ||
| Long-Term Leases | 7.58M | |||||
| Pension & Post-Retirement Benefits | 4.34M | 4.60M | 5.17M | 5.53M | 6.00M | |
| Other Long-Term Liabilities | 129.11M | 46.27M | 53.13M | 68.11M | 68.84M | 54.52M |
| Total Liabilities | 6.00B | 5.91B | 5.73B | 5.49B | 5.30B | 5.32B |
| Common Stock | 47.62M | 47.62M | 47.62M | 47.62M | 47.62M | 47.62M |
| Additional Paid-In Capital | 172.90M | 174.60M | 176.51M | 177.42M | 170.98M | 170.94M |
| Retained Earnings | 995.96M | 935.05M | 852.76M | 780.30M | 706.70M | 641.83M |
| Treasury Stock | -303.83M | -270.97M | -230.50M | -217.74M | -215.96M | -193.54M |
| Comprehensive Income & Other | -131.03M | -76.62M | -115.72M | -110.54M | -131.49M | 14.26M |
| Shareholders' Equity | 781.61M | 809.68M | 730.66M | 677.07M | 577.85M | 681.11M |
| Total Liabilities & Equity | 6.79B | 6.72B | 6.46B | 6.17B | 5.88B | 6.00B |
| Total Debt | 517.38M | 560.74M | 526.91M | 483.43M | 356.02M | 336.74M |
| Net Cash (Debt) | -316.01M | -333.73M | -244.03M | -266.63M | -74.18M | 326.92M |
| Net Cash Per Share | -22.27 | -23.04 | -16.60 | -17.91 | -4.99 | 21.22 |
| Filing Date Shares Outstanding | 14.08M | 14.35M | 14.67M | 14.82M | 14.74M | 15.07M |
| Total Common Shares Outstanding | 14.08M | 14.35M | 14.71M | 14.83M | 14.79M | 15.06M |
| Book Value Per Share | 55.53 | 56.41 | 49.69 | 45.65 | 39.08 | 45.22 |
| Tangible Book Value | 625.21M | 651.81M | 570.62M | 514.50M | 462.12M | 563.98M |
| Tangible Book Value Per Share | 44.42 | 45.41 | 38.80 | 34.69 | 31.25 | 37.44 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 130.49M | 117.10M | 114.36M | 102.07M | 88.08M | |
| Depreciation & Amortization | 11.18M | 13.20M | 10.72M | 15.78M | 14.61M | |
| Gain (Loss) on Sale of Investments | 401.00K | 2.65M | 4.48M | 1.58M | -816.00K | |
| Provision for Credit Losses | -1.40M | 1.82M | 3.24M | 474.00K | -3.17M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 288.00K | 114.00K | 147.00K | 325.00K | 349.00K | |
| Accrued Interest Receivable | -68.00K | -360.00K | -1.14M | -2.66M | 166.00K | |
| Change in Other Net Operating Assets | -12.95M | -6.87M | 5.18M | -6.13M | -901.00K | |
| Other Operating Activities | -146.00K | 443.00K | -2.71M | 1.73M | 1.75M | |
| Operating Cash Flow | 131.37M | 131.90M | 137.58M | 115.82M | 102.27M | |
| Capital Expenditures | -2.92M | -2.71M | -2.96M | -2.14M | -3.32M | |
| Sale of Property, Plant and Equipment | 42.00K | 98.00K | 283.00K | 190.00K | 367.00K | |
| Cash Acquisitions | 14.02M | |||||
| Investment in Securities | -27.38M | -91.01M | 224.32M | -308.20M | -264.47M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -229.76M | -147.84M | -223.78M | -102.99M | 76.99M | |
| Other Investing Activities | -9.89M | -10.80M | 2.81M | 2.69M | -735.00K | |
| Investing Cash Flow | -269.92M | -252.26M | 14.68M | -410.45M | -191.17M | |
| Short-Term Debt Issued | 42.02M | 37.39M | 16.50M | |||
| Long-Term Debt Issued | 50.00M | 101.07M | ||||
| Total Debt Issued | 42.02M | 50.00M | 138.46M | 16.50M | ||
| Short-Term Debt Repaid | -9.20M | -21.49M | ||||
| Long-Term Debt Repaid | -742.00K | -636.00K | ||||
| Total Debt Repaid | -742.00K | -9.84M | -21.49M | |||
| Net Debt Issued (Repaid) | 41.28M | 40.16M | 138.46M | -21.49M | 16.50M | |
| Issuance of Common Stock | 694.00K | 798.00K | 691.00K | |||
| Repurchase of Common Stock | -45.76M | -17.90M | -60.13M | -26.45M | -58.68M | |
| Common Dividends Paid | -47.29M | -43.48M | -39.99M | -36.70M | -36.14M | |
| Net Increase (Decrease) in Deposit Accounts | 156.85M | 210.00M | -234.32M | -55.39M | 273.31M | |
| Other Financing Activities | -762.00K | -824.00K | ||||
| Financing Cash Flow | 105.08M | 189.48M | -195.98M | -140.00M | 194.87M | |
| Net Cash Flow | -33.47M | 69.11M | -43.72M | -434.63M | 105.97M | |
| Free Cash Flow | 128.45M | 129.19M | 134.62M | 113.68M | 98.95M | |
| Free Cash Flow Margin | 40.70% | 44.28% | 46.97% | 45.17% | 43.33% | |
| Free Cash Flow Per Share | 8.87 | 8.79 | 9.04 | 7.64 | 6.42 | |
| Cash Interest Paid | 85.78M | 83.80M | 49.13M | 9.47M | 11.10M | |
| Cash Income Tax Paid | 35.82M | 28.04M | 32.81M | 22.43M | 18.50M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.01B | 1.72B | 1.74B | 1.64B | 1.38B | 1.24B |
| Last Close Price | 142.69 | 115.95 | 112.16 | 101.59 | 83.30 | 71.03 |
| PE Ratio | 15.58 | 13.28 | 15.01 | 14.43 | 13.68 | 14.17 |
| PS Ratio | 6.23 | 5.44 | 5.97 | 5.71 | 5.50 | 5.41 |
| PB Ratio | 2.57 | 2.12 | 2.38 | 2.42 | 2.39 | 1.81 |
| P/FCF Ratio | 14.50 | 13.37 | 13.48 | 12.15 | 12.17 | 12.50 |
| P/OCF Ratio | 14.11 | 13.07 | 13.21 | 11.89 | 11.94 | 12.09 |
| Debt / Equity Ratio | 0.66 | 0.69 | 0.72 | 0.71 | 0.62 | 0.49 |
| Debt / FCF Ratio | 4.37 | 4.08 | 3.59 | 3.13 | 3.40 | |
| Net Debt / Equity Ratio | 0.40 | 0.41 | 0.33 | 0.39 | 0.13 | -0.48 |
| Net Debt / FCF Ratio | 2.60 | 1.89 | 1.98 | 0.65 | -3.30 | |
| Return on Equity (ROE) | 16.60% | 16.94% | 16.64% | 18.23% | 16.21% | 12.75% |
| Return on Assets (ROA) | 1.95% | 1.98% | 1.85% | 1.90% | 1.72% | 1.50% |
| Earnings Yield | 6.42% | 7.60% | 6.72% | 6.99% | 7.38% | 7.12% |
| FCF Yield | 6.90% | 7.48% | 7.42% | 8.23% | 8.22% | 8.00% |
| Dividend Yield | 2.80% | 2.77% | 2.54% | 2.48% | 2.67% | 2.85% |
| Payout Ratio | 43.68% | 36.24% | 37.13% | 34.97% | 35.96% | 41.03% |
| Buyback Yield / Dilution | 2.53% | 1.46% | 1.30% | -0.12% | 3.47% | 3.68% |
| Total Shareholder Return | 5.33% | 4.24% | 3.84% | 2.35% | 6.14% | 6.53% |