NASDAQ$CHCO
City Holding Company · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced quarterly results with net income of $29.1 million and diluted earnings of $1.96 per share.
City Holding Company reported a net income of $29.1 million and diluted earnings per share of $1.96 for the quarter ended June 30, 2024. The company's net interest income increased slightly, and it achieved a return on assets of 1.85% and a return on tangible equity of 22.2%.
- Net income for the quarter was $29.1 million, with diluted earnings of $1.96 per share.
- Net interest income increased by $0.2 million, or 0.4%, to $54.6 million.
- Non-interest income was $18.9 million, a decrease compared to the same quarter last year.
- Loans increased by $21.1 million (0.5%) to $4.11 billion.
Headline financials
Revenue & EPS history
City Holding · Revenue · Quarterly
$73.5M
Revenue by segment
City Holding · $48M total across 5 segments · Q1 2020
- Comm/Ag Loans$20.5M—42.7%
- Residential RE$19.9M—41.4%
- Taxable Securities$5.87M—12.2%
- Tax-Exempt Securities$895K—1.9%
- Installment Loans$863K—1.8%
Forward guidance
This news release contains certain forward-looking statements that are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ from those discussed in such forward-looking statements include, but are not limited to those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 under “ITEM 1A Risk Factors.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+1.2%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.5%
Avg return
30 days after
65%
43 / 66 earnings
Positive
+6.7%
Q1 2017
Best reaction
-4.8%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +1.2% | +0.1% | |
| Q4 2025 | +1.9% | -0.3% | +2.6% | |
| Q3 2025 | +1.5% | -0.2% | +1.5% | |
| Q2 2025 | -0.7% | -0.8% | +1.4% | |
| Q1 2025 | +0.7% | +0.3% | +1.3% | |
| Q4 2024 | -0.1% | +0.1% | -1.4% | |
| Q3 2024 | -1.0% | +1.1% | +13.2% | |
| Q2 2024 | -1.7% | +1.0% | -6.0% | |
| Q1 2024 | +2.5% | +0.6% | -2.0% | |
| Q4 2023 | -1.3% | +0.5% | -4.9% | |
| Q3 2023 | +1.1% | +3.7% | +9.9% | |
| Q2 2023 | +1.8% | +2.4% | -5.9% | |
| Q1 2023 | -2.1% | +1.4% | -1.7% | |
| Q4 2022 | +2.3% | +2.9% | +10.5% | |
| Q3 2022 | +4.3% | +5.9% | +3.2% | |
| Q2 2022 | +0.2% | +2.7% | +9.4% | |
| Q1 2022 | -0.5% | -2.4% | +0.9% | |
| Q4 2021 | -0.8% | -2.3% | -6.1% | |
| Q3 2021 | +4.6% | +3.7% | +3.3% | |
| Q2 2021 | -0.3% | +1.6% | +6.8% | |
| Q1 2021 | +0.0% | +1.7% | +4.1% | |
| Q4 2020 | +3.6% | -3.4% | +8.4% | |
| Q3 2020 | +4.1% | +1.2% | +12.9% | |
| Q2 2020 | +0.5% | -0.7% | -0.2% | |
| Q1 2020 | +4.4% | -5.1% | -5.2% | |
| Q4 2019 | +0.8% | +0.3% | -9.0% | |
| Q3 2019 | -0.2% | -0.6% | +0.9% | |
| Q2 2019 | +1.3% | +4.7% | +2.5% | |
| Q1 2019 | +1.9% | -1.5% | -2.6% | |
| Q4 2018 | +3.0% | +3.0% | +13.7% | |
| Q3 2018 | -0.7% | -1.0% | +5.1% | |
| Q2 2018 | +2.9% | +4.5% | +6.1% | |
| Q1 2018 | +3.5% | +4.3% | +3.8% | |
| Q4 2017 | +0.2% | +1.1% | +0.4% | |
| Q3 2017 | -1.7% | -1.9% | -6.6% | |
| Q2 2017 | +4.7% | +0.8% | -4.7% | |
| Q1 2017 | +6.7% | +5.4% | -3.4% | |
| Q4 2016 | +3.8% | +3.4% | +2.5% | |
| Q3 2016 | +5.8% | +5.5% | +25.6% | |
| Q2 2016 | +1.9% | +1.0% | +8.4% | |
| Q1 2016 | +2.6% | — | — | |
| Q4 2015 | +1.9% | — | — | |
| Q3 2015 | -2.2% | — | — | |
| Q2 2015 | -4.8% | — | — | |
| Q1 2015 | -1.8% | — | — | |
| Q4 2014 | +2.4% | — | — | |
| Q3 2014 | -1.8% | — | — | |
| Q2 2014 | -0.3% | — | — | |
| Q1 2014 | +3.0% | — | — | |
| Q4 2011 | +0.5% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | +1.8% | — | — | |
| Q2 2013 | +2.8% | — | — | |
| Q1 2013 | -0.1% | — | — | |
| Q4 2012 | +3.9% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q1 2012 | +2.5% | — | — | |
| Q4 2009 | +0.5% | — | — | |
| Q3 2010 | -4.1% | — | — | |
| Q3 2011 | -4.1% | — | — | |
| Q2 2011 | +5.0% | — | — | |
| Q4 2010 | +5.0% | — | — | |
| Q2 2010 | +5.0% | — | — | |
| Q1 2010 | +4.3% | — | — |
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