City Holding Co. Reports Solid Q4 Earnings, Beating Estimates

CHARLESTON, W.Va. - City Holding Co. (CHCO) released its financial results for the fourth quarter on Thursday, exceeding market expectations.

Q4 Results:

* Net income of $28.7 million, or $1.94 per share
* Consensus analyst estimate: $1.91 per share
* Revenue of $94.9 million
* Net revenue excluding interest expense: $71.7 million, below consensus estimates

Full-Year Results:

* Net income of $117.1 million, or $7.89 per share
* Revenue of $293.6 million

Stock Performance:

* City Holding shares have risen slightly year-to-date
* 11% growth in the last 12 months

Additional Information:

* Zacks Investment Research report on CHCO available at https://www.zacks.com/ap/CHCO