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 accepts various deposit products, such as checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to consumers for the purchase or refinance of a residence; first-lien home equity loans; consumer loans that are secured and unsecured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts. In addition, the company offers mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, production of conventional and government insured mortgages, secondary marketing, and mortgage servicing. Further, it provides deposit services for commercial customers comprising treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, and debit card services. As of January 31, 2018, the company operated through a network of 86 branches in West Virginia, Virginia, Kentucky, and Ohio. City Holding Company was founded in 1957 and is headquartered in Charleston, West Virginia.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:CHCO
CUSIP17783510
Phone304-769-1100
Debt
Debt-to-Equity Ratio0.03
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio19.63
Forward P/E Ratio16.70
P/E Growth2.12
Sales & Book Value
Annual Sales$206.54 million
Price / Sales5.78
Cash Flow$4.2771 per share
Price / Cash18.08
Book Value$32.17 per share
Price / Book2.40
Profitability
EPS (Most Recent Fiscal Year)$3.94
Net Income$54.31 million
Net Margins27.09%
Return on Equity12.66%
Return on Assets1.53%
Miscellaneous
Employees839
Outstanding Shares15,440,000
City (NASDAQ:CHCO) Frequently Asked Questions
What is City's stock symbol?
City trades on the NASDAQ under the ticker symbol "CHCO."
How often does City pay dividends? What is the dividend yield for City?
City declared a quarterly dividend on Wednesday, March 28th. Shareholders of record on Friday, April 13th will be given a dividend of $0.46 per share on Monday, April 30th. This represents a $1.84 annualized dividend and a yield of 2.38%. The ex-dividend date is Thursday, April 12th. View City's Dividend History.
How were City's earnings last quarter?
City Holding (NASDAQ:CHCO) announced its quarterly earnings results on Thursday, April, 19th. The bank reported $1.13 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.04 by $0.09. The bank earned $47.14 million during the quarter, compared to the consensus estimate of $46.99 million. City had a net margin of 27.09% and a return on equity of 12.66%. View City's Earnings History.
When is City's next earnings date?
What price target have analysts set for CHCO?
2 brokers have issued 1 year price objectives for City's stock. Their predictions range from $72.00 to $72.00. On average, they expect City's stock price to reach $72.00 in the next year. View Analyst Ratings for City.
Who are some of City's key competitors?
Some companies that are related to City include F.N.B. (FNB), TCF Financial (TCF), Valley National Bancorp (VLY), MB Financial (MBFI), UMB Financial (UMBF), First Financial Bancorp (FFBC), Community Bank System (CBU), Fulton Financial (FULT), Simmons First National (SFNC), Old National Bancorp (ONB), FCB Financial (FCB), Washington Federal (WAFD), First Midwest Bancorp (FMBI), Centerstate Bank (CSFL) and Hope Bancorp (HOPE).
Who are City's key executives?
City's management team includes the folowing people:
- Mr. Charles R. Hageboeck, Pres, CEO & Director (Age 56)
- Mr. David L. Bumgarner, Sr. VP & CFO (Age 53)
- Mr. Jeffrey Dale Legge, Sr. VP, Chief Admin. Officer & Chief Information Officer (Age 54)
- Mr. Craig G. Stilwell, Exec. VP of Retail Banking (Age 62)
- Mr. John A. DeRito, Exec. VP of Commercial Banking (Age 68)
Has City been receiving favorable news coverage?
Headlines about CHCO stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. City earned a media sentiment score of 0.03 on Accern's scale. They also assigned media stories about the bank an impact score of 46.20 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are City's major shareholders?
City's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.10%), Dimensional Fund Advisors LP (4.53%), JPMorgan Chase & Co. (3.32%), The Manufacturers Life Insurance Company (1.09%), Principal Financial Group Inc. (0.81%) and Principal Financial Group Inc. (0.81%). Company insiders that own City stock include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, Diane W Strong-Treister, Jeffrey Dale Legge, John A Derito, Robert D Fisher, Sharon Horton Rowe and Tracy W Hylton II. View Institutional Ownership Trends for City.
Which major investors are selling City stock?
CHCO stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Citadel Advisors LLC, BNP Paribas Arbitrage SA, California Public Employees Retirement System, Citigroup Inc., American International Group Inc., Teacher Retirement System of Texas and McKinley Carter Wealth Services Inc.. Company insiders that have sold City company stock in the last year include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, Jeffrey Dale Legge, John A Derito and Sharon Horton Rowe. View Insider Buying and Selling for City.
Which major investors are buying City stock?
CHCO stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, BlackRock Inc., The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Alps Advisors Inc., Dimensional Fund Advisors LP and GW&K Investment Management LLC. Company insiders that have bought City stock in the last two years include Diane W Strong-Treister, Robert D Fisher and Tracy W Hylton II. View Insider Buying and Selling for City.
How do I buy shares of City?
Shares of CHCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is City's stock price today?
One share of CHCO stock can currently be purchased for approximately $77.33.
How big of a company is City?
City has a market capitalization of $1.21 billion and generates $206.54 million in revenue each year. The bank earns $54.31 million in net income (profit) each year or $3.94 on an earnings per share basis. City employs 839 workers across the globe.
How can I contact City?
City's mailing address is 25 GATEWATER ROAD, CHARLESTON WV, 25313. The bank can be reached via phone at 304-769-1100 or via email at [email protected]
MarketBeat Community Rating for City (CHCO)
MarketBeat's community ratings are surveys of what our community members think about City and other stocks. Vote "Outperform" if you believe CHCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
