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Sep 30, 2024
City Holding Q3 2024 Earnings Report
Reported quarterly net income and diluted earnings per share for Q3 2024.
Key Takeaways
City Holding Company reported a quarterly net income of $29.8 million and diluted earnings of $2.02 per share for the quarter ended September 30, 2024. The company achieved a return on assets of 1.87% and a return on tangible equity of 20.9%. Net interest income increased by $1.0 million, or 1.8%, from the previous quarter.
Net income was $29.8 million, with diluted earnings per share of $2.02.
Return on assets reached 1.87%, and return on tangible equity was 20.9%.
Net interest income increased by $1.0 million, or 1.8%, compared to the previous quarter.
Gross loans increased $45.0 million (1.1%) from the prior quarter.
City Holding
City Holding
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.