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
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CHCO
Previous Symbol
CUSIP17783510
Phone304-769-1100
Debt
Debt-to-Equity Ratio0.03
Current Ratio0.90
Quick Ratio0.90
Price-To-Earnings
Trailing P/E Ratio18.34
Forward P/E Ratio14.34
P/E Growth1.79
Sales & Book Value
Annual Sales$206.54 million
Price / Sales5.38
Cash Flow$4.3321 per share
Price / Cash Flow16.68
Book Value$32.17 per share
Price / Book2.25
Profitability
EPS (Most Recent Fiscal Year)$3.94
Net Income$54.31 million
Net Margins31.58%
Return on Equity15.11%
Return on Assets1.77%
Miscellaneous
Employees839
Outstanding Shares15,390,000
Market Cap$1.11 billion
OptionableOptionable
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 announced a quarterly dividend on Wednesday, September 26th. Shareholders of record on Monday, October 15th will be paid a dividend of $0.53 per share on Wednesday, October 31st. This represents a $2.12 annualized dividend and a yield of 2.93%. The ex-dividend date is Friday, October 12th. This is a positive change from City's previous quarterly dividend of $0.46. View City's Dividend History.
How were City's earnings last quarter?
City Holding (NASDAQ:CHCO) released its quarterly earnings results on Monday, October, 22nd. The bank reported $1.33 EPS for the quarter, topping the consensus estimate of $1.19 by $0.14. The bank earned $51.31 million during the quarter, compared to analyst estimates of $49.58 million. City had a return on equity of 15.11% and a net margin of 31.58%. View City's Earnings History.
When is City's next earnings date?
What price target have analysts set for CHCO?
4 brokerages have issued 1-year price targets for City's shares. Their predictions range from $72.00 to $77.00. On average, they anticipate City's stock price to reach $74.50 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for City.
What is the consensus analysts' recommendation for City?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for City in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for City.
Has City been receiving favorable news coverage?
News articles about CHCO stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. City earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of City's key competitors?
Some companies that are related to City include Synovus Financial (SNV), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), F.N.B. (FNB), MB Financial (MBFI), TCF Financial (TCF), UMB Financial (UMBF), Community Bank System (CBU), Fulton Financial (FULT), Old National Bancorp (ONB), First Financial Bancorp (FFBC), Simmons First National (SFNC), First Midwest Bancorp (FMBI), Washington Federal (WAFD) and WesBanco (WSBC).
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)
Who are City's major shareholders?
City's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.36%), Vanguard Group Inc. (10.33%), Dimensional Fund Advisors LP (4.67%), FMR LLC (3.96%), Macquarie Group Ltd. (3.06%) and JPMorgan Chase & Co. (3.02%). 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 FMR LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Alliancebernstein L.P., Renaissance Technologies LLC, Dimensional Fund Advisors LP, First Trust Advisors LP and Citadel Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Macquarie Group Ltd., BlackRock Inc., Vanguard Group Inc., Morgan Stanley, Royce & Associates LP, City Holding Co. and Resources Management Corp CT ADV. 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 $72.26.
How big of a company is City?
City has a market capitalization of $1.11 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.
What is City's official website?
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 (NASDAQ 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.
