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Mar 31, 2022
City Holding Q1 2022 Earnings Report
Announced quarterly results with net income of $21.3 million and diluted earnings of $1.41 per share.
Key Takeaways
City Holding Company reported a net income of $21.3 million and diluted earnings per share of $1.41 for the quarter ended March 31, 2022. The company experienced a decrease in net interest income, but non-interest income increased. Loans increased slightly, and the company's capital ratios remained strong.
Net income was $21.3 million, with diluted earnings per share at $1.41.
Net interest income decreased by $2.7 million, or 6.7%, compared to the previous quarter.
Non-interest income increased to $17.4 million.
Loans increased by $16.1 million (0.5%) from the previous quarter.
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.
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