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City Holding: Q4 Earnings Snapshot

City Holding: Q4 Earnings Snapshot

City Holding: Q4 Earnings Snapshot

By AP News
Published - Jan 24, 2023, 07:48 AM ET
Last Updated - Jun 23, 2023, 01:14 AM EDT

CHARLESTON, W.Va. (AP) _ City Holding Co. (CHCO) on Tuesday reported fourth-quarter earnings of $30.4 million.

The Charleston, West Virginia-based bank said it had earnings of $2.05 per share.

The bank holding company for City National Bank of West Virginia posted revenue of $75.1 million in the period. Its revenue net of interest expense was $70.9 million, topping Street forecasts.

For the year, the company reported profit of $101.1 million, or $6.80 per share. Revenue was reported as $253.4 million.

City Holding shares have dropped 4% since the beginning of the year. The stock has climbed 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CHCO">Zacks stock report on CHCO at https://www.zacks.com/ap/CHCO

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