City Holding Company (CHCO)

City Holding Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	241.52	212.69	146.54	136.68	150.5
Interest Income on Investments	64.91	58.57	43.15	28.79	27.76
Total Interest Income	306.43	271.26	189.69	165.47	178.26
Interest Paid on Deposits	64.53	37.29	7.44	9.41	22.52
Interest Paid on Borrowings	21.66	14.74	2.21	0.49	1.09
Total Interest Expense	86.19	52.02	9.66	9.89	23.62
Net Interest Income	220.24	219.24	180.03	155.57	154.64
Net Interest Income Growth (YoY)	0.45%	21.78%	15.72%	0.60%	-4.16%
Trust Income	11.26	9.56	8.8	8.42	7.74
Gain (Loss) on Sale of Investments	-2.65	-4.48	-1.58	0.82	17.04
Other Non-Interest Income	64.73	65.54	64.86	60.41	57.91
Total Non-Interest Income	73.33	70.63	72.08	69.64	82.68
Non-Interest Income Growth (YoY)	3.83%	-2.01%	3.50%	-15.77%	20.72%
Revenues Before Loan Losses	293.57	289.87	252.11	225.21	237.32
Provision for Loan Losses	1.82	3.24	0.47	-3.17	10.72
Revenue	291.75	286.63	251.64	228.38	226.6
Revenue Growth (YoY)	1.79%	13.91%	10.18%	0.78%	-1.95%
Salaries and Employee Benefits	76.36	68.87	62.58	57.83	58.12
Federal Deposit Insurance	2.89	2.92	1.67	1.58	0.88
Selling, General & Administrative	37.17	39.27	38.79	36.69	34.83
Other Non-Interest Expense	30.56	27.28	20.94	21.14	21.22
Total Non-Interest Expense	147.24	138.37	124.03	117.19	115.29
EBT Excluding Unusual Items	144.52	148.26	127.6	111.19	111.31
Pretax Income	144.52	143.11	127.33	111.19	111.31
Income Tax Expense	27.42	28.74	25.26	23.11	21.72
Net Income	117.1	114.37	102.07	88.08	89.6
Preferred Dividends & Other Adjustments	1.07	1.04	0.96	0.84	0.89
Net Income to Common	116.03	113.33	101.11	87.24	88.71
Net Income Growth	2.39%	12.04%	15.88%	-1.69%	0.27%
Basic Shares Outstanding	15	15	15	15	16
Diluted Shares Outstanding	15	15	15	15	16
Shares Change (YoY)	-1.30%	0.12%	-3.47%	-3.68%	-2.07%
EPS (Basic)	7.91	7.62	6.81	5.67	5.55
EPS (Diluted)	7.89	7.61	6.80	5.66	5.55
EPS Growth	3.68%	11.91%	20.14%	1.98%	2.40%
Dividend Per Share	3.010	2.730	2.500	2.340	2.290
Dividend Growth	10.26%	9.20%	6.84%	2.18%	4.09%
Effective Tax Rate	18.97%	20.08%	19.84%	20.79%	19.51%

Source: S&P Capital IQ. Banks template. Financial Sources.