City (CHCO) to Release Earnings on Tuesday

City (NASDAQ:CHCO - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect City to post earnings of $1.97 per share and revenue of $76.10 million for the quarter.

City (NASDAQ:CHCO - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The bank reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.22. City had a net margin of 30.62% and a return on equity of 16.15%. The company had revenue of $74.55 million for the quarter, compared to analyst estimates of $73.28 million. On average, analysts expect City to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

City Trading Up 0.8%

Shares of CHCO opened at $125.92 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The firm's 50-day moving average is $120.48 and its two-hundred day moving average is $118.21. City has a twelve month low of $102.22 and a twelve month high of $137.28. The firm has a market capitalization of $1.82 billion, a P/E ratio of 15.78 and a beta of 0.54.

City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Tuesday, July 15th. City's dividend payout ratio (DPR) is presently 39.60%.

Insider Buying and Selling at City

In other City news, CFO David L. Bumgarner sold 441 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $118.00, for a total value of $52,038.00. Following the sale, the chief financial officer owned 10,195 shares of the company's stock, valued at $1,203,010. This represents a 4.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James M. Parsons purchased 2,200 shares of City stock in a transaction on Monday, May 12th. The stock was acquired at an average cost of $122.38 per share, for a total transaction of $269,236.00. Following the acquisition, the director directly owned 2,700 shares of the company's stock, valued at approximately $330,426. This represents a 440.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 2,899 shares of company stock valued at $339,590 over the last quarter. Corporate insiders own 1.87% of the company's stock.

Institutional Trading of City

Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of City by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,634 shares of the bank's stock valued at $1,014,000 after purchasing an additional 387 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of City by 5.6% during the first quarter. Royal Bank of Canada now owns 15,586 shares of the bank's stock valued at $1,831,000 after buying an additional 821 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of City during the first quarter valued at approximately $104,000. AQR Capital Management LLC lifted its stake in shares of City by 34.5% during the first quarter. AQR Capital Management LLC now owns 8,977 shares of the bank's stock valued at $1,055,000 after buying an additional 2,305 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of City by 7.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,285 shares of the bank's stock valued at $4,497,000 after buying an additional 2,603 shares during the period. Hedge funds and other institutional investors own 72.43% of the company's stock.

City Company Profile

City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust, and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts.

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