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Dec 31, 2022
City Holding Q4 2022 Earnings Report
Announced record annual earnings.
Key Takeaways
City Holding Company announced record net income of $102.1 million and record diluted earnings of $6.80 per share for the year ended December 31, 2022. Net income available to common shareholders for Q4 2022 was $30.67 million.
Net interest income increased to $52.0 million during the fourth quarter of 2022.
Reported net interest margin increased to 3.89% for the fourth quarter of 2022.
Provision for credit losses of $0.5 million was recorded in the fourth quarter of 2022.
Non-interest income was $18.5 million during the quarter ended December 31, 2022.
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.