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Jun 30, 2022
City Holding Q2 2022 Earnings Report
Announced second quarter results with net income of $22.7 million and diluted earnings of $1.51 per share.
Key Takeaways
City Holding Company reported a quarterly net income of $22.7 million and diluted earnings of $1.51 per share for the quarter ended June 30, 2022. The company achieved a return on assets of 1.51% and a return on tangible equity of 18.1%. Net interest income increased to $41.3 million.
Net income for the quarter was $22.7 million, with diluted earnings per share at $1.51.
Net interest income increased from $37.9 million in the previous quarter to $41.3 million.
The company's return on assets was 1.51%, and return on tangible equity was 18.1%.
Loans increased by $6.9 million from the previous quarter to $3.57 billion.
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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