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City Holding Q1 2025 Earnings Report
City Holding Company reported its financial results for the first quarter ended March 31, 2025, showing an increase in net income and diluted earnings per share.
Key Takeaways
City Holding Company announced net income of $30.3 million and diluted earnings of $2.06 per share for the first quarter of 2025. The company achieved a return on assets of 1.89% and a return on tangible equity of 20.7%. Net interest income increased slightly, and non-interest income also saw an increase.
Net income for Q1 2025 was $30.3 million, with diluted earnings of $2.06 per share.
The Company's return on assets was 1.89% and return on tangible equity was 20.7% for the quarter.
Net interest income increased by approximately $0.2 million, or 0.4%, from the previous quarter to $55.8 million.
Non-interest income increased by $0.6 million, or 3.5%, from the comparable period in the prior year to $18.7 million.
City Holding
City Holding
City Holding Revenue by Segment
Revenue by Segment
Residential Real Estate Revenue
CapyFin.comCommercial, Financial, Agriculture Revenue
CapyFin.comInstallment Loans to Individuals Revenue
CapyFin.comTaxable Securities Revenue
CapyFin.comTax-Exempt Securities Revenue
CapyFin.comDeposits in Depository Institutions Revenue
CapyFin.com Forward Guidance
This news release contains forward-looking statements that are subject to inherent uncertainty, risks, and changes in circumstances, many of which are outside of management's control. Factors that could cause actual results to differ materially are outlined.
Positive Outlook
- The Company continues to be strongly capitalized, with regulatory capital ratios significantly above 'well capitalized' levels.
- The Company's deposit mix is weighted heavily toward checking and saving accounts, reflecting a core retail orientation.
- City National has borrowing facilities with the Federal Reserve Bank and the Federal Home Loan Bank for funding and contingency.
- The Company had substantial unpledged investment securities, providing liquidity.
- The Board approved a quarterly cash dividend, indicating confidence in future performance.
Challenges Ahead
- General economic conditions, especially in the communities and markets where the Company operates, could impact results.
- Credit risk, including potential deterioration of asset quality and sufficiency of allowance for credit losses, poses a challenge.
- Changes in the real estate market, including collateral values, could affect the loan portfolio.
- Operational risks, such as cybersecurity threats, data processing failures, and network breaches, are a concern.
- Changes in technology, increased competition from non-bank financial institutions, and shifts in consumer behavior could impact demand for products and services.