Annual Income Statements for City
This table shows City's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for City
This table shows City's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
27 |
31 |
33 |
30 |
- |
29 |
30 |
- |
30 |
Consolidated Net Income / (Loss) |
|
27 |
31 |
33 |
30 |
- |
29 |
30 |
- |
30 |
Net Income / (Loss) Continuing Operations |
|
27 |
31 |
33 |
30 |
- |
29 |
30 |
- |
30 |
Total Pre-Tax Income |
|
35 |
37 |
41 |
38 |
- |
36 |
37 |
- |
37 |
Total Revenue |
|
67 |
71 |
76 |
73 |
- |
74 |
76 |
- |
75 |
Net Interest Income / (Expense) |
|
49 |
52 |
56 |
56 |
- |
55 |
56 |
- |
56 |
Total Interest Income |
|
51 |
57 |
68 |
70 |
- |
76 |
78 |
- |
77 |
Loans and Leases Interest Income |
|
38 |
43 |
52 |
56 |
- |
59 |
61 |
- |
61 |
Investment Securities Interest Income |
|
11 |
12 |
13 |
13 |
- |
15 |
15 |
- |
15 |
Deposits and Money Market Investments Interest Income |
|
1.53 |
1.24 |
2.59 |
1.27 |
- |
1.92 |
1.42 |
- |
1.80 |
Total Interest Expense |
|
2.03 |
4.54 |
12 |
15 |
- |
21 |
22 |
- |
22 |
Deposits Interest Expense |
|
1.59 |
3.01 |
8.57 |
11 |
- |
16 |
17 |
- |
17 |
Short-Term Borrowings Interest Expense |
|
0.44 |
1.53 |
2.96 |
2.99 |
- |
3.90 |
3.79 |
- |
3.17 |
Long-Term Debt Interest Expense |
|
0.00 |
- |
0.65 |
1.03 |
- |
1.57 |
1.59 |
- |
1.55 |
Total Non-Interest Income |
|
18 |
19 |
20 |
17 |
- |
19 |
20 |
- |
19 |
Other Service Charges |
|
0.79 |
- |
0.95 |
0.74 |
- |
0.79 |
0.77 |
- |
0.73 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.00 |
0.73 |
-0.29 |
-0.73 |
- |
0.00 |
0.34 |
- |
0.00 |
Other Non-Interest Income |
|
17 |
21 |
20 |
17 |
- |
18 |
19 |
- |
18 |
Provision for Credit Losses |
|
0.73 |
0.50 |
0.43 |
0.20 |
- |
0.50 |
1.20 |
- |
0.00 |
Total Non-Interest Expense |
|
32 |
33 |
35 |
35 |
- |
37 |
38 |
- |
38 |
Salaries and Employee Benefits |
|
17 |
17 |
18 |
18 |
- |
19 |
19 |
- |
19 |
Net Occupancy & Equipment Expense |
|
5.61 |
4.59 |
5.69 |
5.78 |
- |
5.99 |
6.21 |
- |
6.05 |
Marketing Expense |
|
0.85 |
0.80 |
0.97 |
0.79 |
- |
0.97 |
1.08 |
- |
0.87 |
Property & Liability Insurance Claims |
|
0.42 |
0.41 |
0.69 |
0.92 |
- |
0.72 |
0.73 |
- |
0.78 |
Other Operating Expenses |
|
7.22 |
9.31 |
8.95 |
9.21 |
- |
10 |
10 |
- |
11 |
Other Special Charges |
|
-0.00 |
0.05 |
0.02 |
0.04 |
- |
0.01 |
0.02 |
- |
-0.07 |
Income Tax Expense |
|
7.42 |
6.82 |
7.88 |
7.96 |
- |
7.15 |
7.31 |
- |
6.58 |
Basic Earnings per Share |
|
$1.84 |
$2.05 |
$2.16 |
$1.98 |
- |
$1.96 |
$2.02 |
- |
$2.06 |
Weighted Average Basic Shares Outstanding |
|
14.78M |
14.74M |
15.01M |
14.83M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Diluted Earnings per Share |
|
$1.83 |
$2.05 |
$2.16 |
$1.98 |
- |
$1.96 |
$2.02 |
- |
$2.06 |
Weighted Average Diluted Shares Outstanding |
|
14.80M |
14.74M |
15.01M |
14.83M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Weighted Average Basic & Diluted Shares Outstanding |
|
14.86M |
14.74M |
15.01M |
14.83M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Cash Dividends to Common per Share |
|
$0.65 |
- |
$0.65 |
$0.72 |
- |
$0.72 |
$0.79 |
- |
$0.79 |
Annual Cash Flow Statements for City
This table details how cash moves in and out of City's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
62 |
-78 |
18 |
-5.63 |
40 |
17 |
389 |
106 |
-435 |
-44 |
69 |
Net Cash From Operating Activities |
|
53 |
48 |
65 |
76 |
78 |
105 |
90 |
102 |
116 |
138 |
132 |
Net Cash From Continuing Operating Activities |
|
53 |
48 |
65 |
76 |
78 |
105 |
90 |
102 |
116 |
138 |
132 |
Net Income / (Loss) Continuing Operations |
|
53 |
54 |
52 |
54 |
70 |
89 |
90 |
88 |
102 |
114 |
117 |
Consolidated Net Income / (Loss) |
|
53 |
54 |
52 |
54 |
70 |
89 |
90 |
88 |
102 |
114 |
117 |
Provision For Loan Losses |
|
4.05 |
6.99 |
4.40 |
3.01 |
-2.31 |
-1.25 |
11 |
-3.17 |
0.47 |
3.24 |
1.82 |
Depreciation Expense |
|
6.09 |
6.09 |
6.24 |
5.88 |
5.09 |
5.00 |
5.79 |
5.83 |
5.33 |
4.56 |
4.22 |
Amortization Expense |
|
-4.65 |
-4.59 |
0.84 |
1.01 |
1.28 |
0.70 |
4.88 |
8.78 |
10 |
6.17 |
8.98 |
Non-Cash Adjustments to Reconcile Net Income |
|
1.76 |
-4.86 |
-1.57 |
12 |
-3.19 |
4.76 |
-15 |
-0.42 |
0.73 |
-0.83 |
3.01 |
Changes in Operating Assets and Liabilities, net |
|
-6.86 |
-9.83 |
3.05 |
0.04 |
6.70 |
6.48 |
-6.04 |
3.16 |
-3.24 |
10 |
-3.23 |
Net Cash From Investing Activities |
|
-25 |
-184 |
-261 |
-172 |
-168 |
-109 |
-285 |
-191 |
-410 |
15 |
-252 |
Net Cash From Continuing Investing Activities |
|
-25 |
-184 |
-261 |
-172 |
-168 |
-109 |
-285 |
-191 |
-410 |
15 |
-252 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-2.32 |
-3.01 |
-5.52 |
-6.57 |
-10 |
-4.73 |
-5.54 |
-3.32 |
-2.14 |
-2.96 |
-2.71 |
Purchase of Investment Securities |
|
-85 |
-286 |
-380 |
-273 |
-271 |
-281 |
-468 |
-561 |
-623 |
-325 |
-443 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.65 |
0.14 |
0.84 |
3.06 |
3.88 |
2.29 |
1.02 |
0.37 |
0.19 |
0.28 |
0.10 |
Divestitures |
|
- |
15 |
- |
- |
33 |
- |
- |
0.00 |
0.00 |
14 |
0.00 |
Sale and/or Maturity of Investments |
|
62 |
89 |
123 |
104 |
97 |
174 |
192 |
376 |
217 |
337 |
206 |
Other Investing Activities, net |
|
- |
- |
- |
- |
0.00 |
- |
-4.89 |
-2.89 |
-3.35 |
-8.05 |
-12 |
Net Cash From Financing Activities |
|
34 |
58 |
214 |
90 |
131 |
21 |
584 |
195 |
-140 |
-196 |
189 |
Net Cash From Continuing Financing Activities |
|
34 |
58 |
214 |
90 |
131 |
21 |
584 |
195 |
-140 |
-196 |
189 |
Net Change in Deposits |
|
88 |
71 |
148 |
84 |
188 |
127 |
577 |
273 |
-55 |
-234 |
210 |
Issuance of Debt |
|
- |
15 |
93 |
3.91 |
7.67 |
-51 |
85 |
0.00 |
0.00 |
100 |
50 |
Repayment of Debt |
|
-2.87 |
- |
0.00 |
0.00 |
-16 |
-0.88 |
-4.06 |
17 |
-21 |
37 |
-9.20 |
Repurchase of Common Equity |
|
-28 |
-7.06 |
-10 |
0.00 |
-20 |
-19 |
-36 |
-59 |
-26 |
-60 |
-18 |
Payment of Dividends |
|
-24 |
-25 |
-26 |
-27 |
-30 |
-36 |
-37 |
-36 |
-37 |
-40 |
-43 |
Other Financing Activities, Net |
|
0.58 |
4.88 |
1.16 |
0.73 |
1.66 |
0.53 |
-0.43 |
-0.13 |
0.04 |
1.07 |
0.06 |
Cash Interest Paid |
|
- |
- |
- |
- |
- |
- |
- |
11 |
9.47 |
49 |
84 |
Cash Income Taxes Paid |
|
- |
- |
- |
- |
- |
- |
- |
18 |
22 |
33 |
28 |
Quarterly Cash Flow Statements for City
This table details how cash moves in and out of City's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-399 |
-98 |
- |
-121 |
46 |
- |
76 |
-69 |
159 |
Net Cash From Operating Activities |
|
36 |
34 |
- |
37 |
34 |
- |
38 |
34 |
32 |
Net Cash From Continuing Operating Activities |
|
36 |
34 |
- |
37 |
34 |
- |
38 |
34 |
32 |
Net Income / (Loss) Continuing Operations |
|
27 |
31 |
- |
30 |
27 |
- |
30 |
29 |
30 |
Consolidated Net Income / (Loss) |
|
27 |
31 |
- |
30 |
27 |
- |
30 |
29 |
30 |
Provision For Loan Losses |
|
0.73 |
0.50 |
- |
0.20 |
-0.30 |
- |
1.20 |
0.30 |
0.00 |
Depreciation Expense |
|
1.32 |
1.29 |
- |
1.10 |
1.10 |
- |
1.04 |
1.06 |
1.05 |
Amortization Expense |
|
2.39 |
1.84 |
- |
1.79 |
-0.33 |
- |
1.76 |
3.28 |
2.09 |
Non-Cash Adjustments to Reconcile Net Income |
|
1.07 |
-0.82 |
- |
-0.01 |
2.94 |
- |
-1.77 |
3.19 |
1.25 |
Changes in Operating Assets and Liabilities, net |
|
3.48 |
0.57 |
- |
3.82 |
2.67 |
- |
5.61 |
-2.72 |
-3.21 |
Net Cash From Investing Activities |
|
-144 |
-14 |
- |
-75 |
-18 |
- |
-2.82 |
-119 |
13 |
Net Cash From Continuing Investing Activities |
|
-144 |
-14 |
- |
-75 |
-18 |
- |
-2.82 |
-119 |
13 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.63 |
-0.46 |
- |
-0.67 |
-0.57 |
- |
-0.65 |
-0.96 |
-0.25 |
Purchase of Investment Securities |
|
-211 |
-49 |
- |
-26 |
-263 |
- |
-14 |
-250 |
-30 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.13 |
0.00 |
- |
0.00 |
- |
- |
-0.00 |
0.01 |
0.05 |
Sale and/or Maturity of Investments |
|
69 |
36 |
- |
-46 |
233 |
- |
14 |
134 |
46 |
Other Investing Activities, net |
|
-1.31 |
-1.21 |
- |
-2.43 |
-1.47 |
- |
-2.11 |
-1.97 |
-2.79 |
Net Cash From Financing Activities |
|
-291 |
-118 |
- |
-82 |
30 |
- |
41 |
17 |
115 |
Net Cash From Continuing Financing Activities |
|
-291 |
-118 |
- |
-82 |
30 |
- |
41 |
17 |
115 |
Net Change in Deposits |
|
-184 |
-88 |
- |
-70 |
-11 |
- |
35 |
42 |
114 |
Issuance of Debt |
|
- |
- |
- |
- |
- |
- |
- |
- |
0.00 |
Repayment of Debt |
|
-98 |
-13 |
- |
6.75 |
57 |
- |
16 |
-13 |
22 |
Repurchase of Common Equity |
|
-0.72 |
-6.43 |
- |
-9.77 |
-6.31 |
- |
- |
- |
-9.46 |
Payment of Dividends |
|
-8.91 |
-9.66 |
- |
-9.76 |
-11 |
- |
-11 |
-12 |
-12 |
Other Financing Activities, Net |
|
0.04 |
-0.66 |
- |
- |
1.07 |
- |
- |
-0.23 |
0.00 |
Cash Interest Paid |
|
2.04 |
4.17 |
- |
14 |
17 |
- |
22 |
23 |
22 |
Cash Income Taxes Paid |
|
7.01 |
4.60 |
- |
8.85 |
6.65 |
- |
6.77 |
6.30 |
0.00 |
Annual Balance Sheets for City
This table presents City's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
3,462 |
3,714 |
3,984 |
4,132 |
4,899 |
5,019 |
5,759 |
6,004 |
5,878 |
6,168 |
6,459 |
Cash and Due from Banks |
|
139 |
59 |
62 |
54 |
55 |
89 |
77 |
102 |
70 |
123 |
118 |
Interest Bearing Deposits at Other Banks |
|
9.73 |
11 |
26 |
28 |
68 |
51 |
451 |
533 |
130 |
33 |
108 |
Trading Account Securities |
|
345 |
458 |
525 |
615 |
783 |
859 |
1,206 |
1,434 |
1,529 |
1,369 |
1,451 |
Loans and Leases, Net of Allowance |
|
2,632 |
2,843 |
3,026 |
3,109 |
3,572 |
3,605 |
3,598 |
3,526 |
3,629 |
-23 |
-22 |
Allowance for Loan and Lease Losses |
|
20 |
19 |
20 |
19 |
16 |
12 |
25 |
18 |
17 |
23 |
22 |
Premises and Equipment, Net |
|
78 |
77 |
75 |
73 |
78 |
77 |
77 |
74 |
71 |
72 |
71 |
Intangible Assets |
|
74 |
80 |
79 |
79 |
123 |
120 |
119 |
117 |
116 |
163 |
160 |
Other Assets |
|
184 |
185 |
190 |
175 |
221 |
218 |
231 |
219 |
333 |
4,431 |
4,574 |
Total Liabilities & Shareholders' Equity |
|
3,462 |
3,714 |
3,984 |
4,132 |
4,899 |
5,019 |
5,759 |
6,004 |
5,878 |
6,168 |
6,459 |
Total Liabilities |
|
3,071 |
3,295 |
3,542 |
3,630 |
4,298 |
4,361 |
5,058 |
5,323 |
5,300 |
5,491 |
5,729 |
Non-Interest Bearing Deposits |
|
545 |
621 |
672 |
667 |
789 |
805 |
1,177 |
1,373 |
1,351 |
1,343 |
1,344 |
Interest Bearing Deposits |
|
2,327 |
2,463 |
2,559 |
2,649 |
3,186 |
3,271 |
3,475 |
3,552 |
3,518 |
3,591 |
3,800 |
Federal Funds Purchased and Securities Sold |
|
- |
- |
- |
- |
40 |
- |
- |
- |
0.00 |
25 |
0.00 |
Short-Term Debt |
|
135 |
142 |
184 |
198 |
222 |
211 |
296 |
312 |
291 |
310 |
326 |
Long-Term Debt |
|
16 |
29 |
81 |
70 |
4.05 |
4.06 |
- |
- |
0.00 |
100 |
150 |
Other Long-Term Liabilities |
|
47 |
39 |
46 |
45 |
57 |
70 |
109 |
85 |
139 |
122 |
109 |
Total Equity & Noncontrolling Interests |
|
391 |
419 |
442 |
503 |
601 |
658 |
701 |
681 |
578 |
677 |
731 |
Total Preferred & Common Equity |
|
391 |
419 |
442 |
503 |
601 |
658 |
701 |
681 |
578 |
677 |
731 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
391 |
419 |
442 |
503 |
601 |
658 |
701 |
681 |
578 |
677 |
731 |
Common Stock |
|
154 |
153 |
159 |
189 |
217 |
218 |
219 |
219 |
219 |
225 |
224 |
Retained Earnings |
|
362 |
391 |
417 |
444 |
486 |
539 |
590 |
642 |
707 |
780 |
853 |
Treasury Stock |
|
-121 |
-120 |
-127 |
-125 |
-88 |
-105 |
-139 |
-194 |
-216 |
-218 |
-230 |
Accumulated Other Comprehensive Income / (Loss) |
|
-4.16 |
-3.83 |
-7.01 |
-5.64 |
-14 |
5.84 |
31 |
14 |
-131 |
-111 |
-116 |
Quarterly Balance Sheets for City
This table presents City's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
5,948 |
6,211 |
6,147 |
6,076 |
6,314 |
6,341 |
6,434 |
6,623 |
Cash and Due from Banks |
|
65 |
70 |
66 |
62 |
122 |
141 |
161 |
135 |
Interest Bearing Deposits at Other Banks |
|
233 |
233 |
165 |
49 |
197 |
77 |
133 |
250 |
Trading Account Securities |
|
1,514 |
1,481 |
1,478 |
1,416 |
1,378 |
1,488 |
1,494 |
1,447 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
-23 |
-23 |
-22 |
-23 |
-22 |
-22 |
Allowance for Loan and Lease Losses |
|
- |
- |
23 |
23 |
22 |
23 |
22 |
22 |
Premises and Equipment, Net |
|
72 |
73 |
73 |
73 |
72 |
71 |
71 |
70 |
Intangible Assets |
|
116 |
164 |
163 |
163 |
162 |
161 |
161 |
160 |
Other Assets |
|
3,948 |
4,189 |
4,253 |
4,365 |
4,406 |
4,426 |
4,437 |
4,584 |
Total Liabilities & Shareholders' Equity |
|
5,948 |
6,211 |
6,147 |
6,076 |
6,314 |
6,341 |
6,434 |
6,623 |
Total Liabilities |
|
5,399 |
5,560 |
5,511 |
5,466 |
5,632 |
5,655 |
5,693 |
5,867 |
Non-Interest Bearing Deposits |
|
1,429 |
1,421 |
1,373 |
1,333 |
1,359 |
1,355 |
1,340 |
1,366 |
Interest Bearing Deposits |
|
3,529 |
3,716 |
3,642 |
3,612 |
3,697 |
3,713 |
3,763 |
3,893 |
Short-Term Debt |
|
305 |
293 |
272 |
279 |
305 |
323 |
339 |
348 |
Long-Term Debt |
|
- |
- |
100 |
100 |
150 |
150 |
150 |
150 |
Other Long-Term Liabilities |
|
137 |
130 |
124 |
142 |
121 |
115 |
101 |
110 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
548 |
651 |
636 |
610 |
682 |
687 |
741 |
756 |
Total Preferred & Common Equity |
|
548 |
651 |
636 |
610 |
682 |
687 |
741 |
756 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
548 |
651 |
636 |
610 |
682 |
687 |
741 |
756 |
Common Stock |
|
218 |
225 |
224 |
225 |
223 |
222 |
223 |
222 |
Retained Earnings |
|
686 |
722 |
744 |
763 |
799 |
818 |
836 |
871 |
Treasury Stock |
|
-210 |
-179 |
-202 |
-211 |
-219 |
-231 |
-231 |
-237 |
Accumulated Other Comprehensive Income / (Loss) |
|
-145 |
-116 |
-130 |
-167 |
-122 |
-122 |
-87 |
-100 |
Annual Metrics And Ratios for City
This table displays calculated financial ratios and metrics derived from City's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-3.77% |
3.47% |
-2.57% |
6.73% |
4.77% |
15.63% |
3.25% |
-5.10% |
11.94% |
14.98% |
1.28% |
EBITDA Growth |
|
15.77% |
6.79% |
0.33% |
15.84% |
-3.33% |
26.28% |
2.35% |
3.13% |
13.75% |
7.49% |
2.53% |
EBIT Growth |
|
5.09% |
6.83% |
-6.42% |
17.53% |
-3.01% |
28.94% |
-1.92% |
-0.11% |
14.52% |
12.39% |
0.99% |
NOPAT Growth |
|
9.85% |
2.14% |
-3.64% |
4.19% |
28.89% |
27.64% |
0.27% |
-1.69% |
15.88% |
12.04% |
2.39% |
Net Income Growth |
|
9.85% |
2.14% |
-3.64% |
4.19% |
28.89% |
27.64% |
0.27% |
-1.69% |
15.88% |
12.04% |
2.39% |
EPS Growth |
|
11.18% |
4.44% |
-2.27% |
0.87% |
29.02% |
20.71% |
2.40% |
1.98% |
20.14% |
11.91% |
3.68% |
Operating Cash Flow Growth |
|
-29.70% |
-10.23% |
36.40% |
16.53% |
1.90% |
35.42% |
-14.52% |
13.90% |
13.24% |
18.79% |
-4.13% |
Free Cash Flow Firm Growth |
|
279.60% |
-89.09% |
-1,223.24% |
85.00% |
249.85% |
195.18% |
-179.87% |
367.99% |
147.67% |
-145.74% |
97.79% |
Invested Capital Growth |
|
0.07% |
8.92% |
19.74% |
9.05% |
7.20% |
5.63% |
14.17% |
-0.35% |
-12.56% |
25.10% |
10.98% |
Revenue Q/Q Growth |
|
-1.69% |
-0.34% |
0.83% |
1.72% |
1.63% |
3.03% |
5.43% |
-5.00% |
5.14% |
0.00% |
0.00% |
EBITDA Q/Q Growth |
|
-5.09% |
-2.50% |
-1.81% |
4.42% |
-8.96% |
15.08% |
13.06% |
-7.92% |
5.14% |
1,075.69% |
1,536.90% |
EBIT Q/Q Growth |
|
0.48% |
-1.41% |
2.23% |
4.19% |
-11.36% |
15.90% |
12.15% |
-9.27% |
6.59% |
0.00% |
0.00% |
NOPAT Q/Q Growth |
|
2.48% |
-1.84% |
2.23% |
-8.41% |
1.52% |
15.36% |
-0.44% |
1.34% |
7.69% |
0.00% |
0.00% |
Net Income Q/Q Growth |
|
2.48% |
-1.84% |
2.23% |
-8.41% |
1.52% |
15.36% |
-0.44% |
1.34% |
7.69% |
0.00% |
0.00% |
EPS Q/Q Growth |
|
4.00% |
-1.94% |
2.07% |
-9.14% |
1.58% |
14.83% |
0.36% |
2.35% |
8.28% |
0.00% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
2.50% |
-24.10% |
27.15% |
5.69% |
0.17% |
7.09% |
-1.42% |
1.16% |
4.96% |
-0.37% |
0.17% |
Free Cash Flow Firm Q/Q Growth |
|
38.24% |
-79.51% |
55.35% |
91.07% |
128.19% |
-69.40% |
-36.93% |
8.76% |
5.19% |
23.56% |
99.05% |
Invested Capital Q/Q Growth |
|
32.86% |
35.70% |
12.14% |
-3.39% |
-10.01% |
1.99% |
2.66% |
2.02% |
1.84% |
9.92% |
-1.96% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
44.61% |
46.05% |
47.41% |
51.46% |
47.48% |
51.85% |
51.40% |
55.86% |
56.76% |
53.07% |
53.72% |
EBIT Margin |
|
43.80% |
45.22% |
43.43% |
47.83% |
44.28% |
49.37% |
46.90% |
49.37% |
50.51% |
49.37% |
49.23% |
Profit (Net Income) Margin |
|
30.04% |
29.65% |
29.32% |
28.62% |
35.22% |
38.87% |
37.75% |
39.11% |
40.49% |
39.45% |
39.89% |
Tax Burden Percent |
|
68.57% |
65.56% |
67.51% |
59.85% |
79.53% |
78.73% |
80.49% |
79.21% |
80.16% |
79.92% |
81.03% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
31.43% |
34.44% |
32.49% |
40.15% |
20.47% |
21.27% |
19.51% |
20.79% |
19.84% |
20.08% |
18.97% |
Return on Invested Capital (ROIC) |
|
9.77% |
9.55% |
8.03% |
7.35% |
8.76% |
10.51% |
9.58% |
8.85% |
10.96% |
11.70% |
10.21% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
9.77% |
9.55% |
8.03% |
7.35% |
8.76% |
10.51% |
9.58% |
8.85% |
10.96% |
11.70% |
10.21% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.84% |
3.81% |
4.07% |
4.15% |
3.93% |
3.69% |
3.60% |
3.90% |
5.25% |
6.53% |
6.42% |
Return on Equity (ROE) |
|
13.61% |
13.36% |
12.10% |
11.49% |
12.69% |
14.20% |
13.18% |
12.74% |
16.22% |
18.23% |
16.64% |
Cash Return on Invested Capital (CROIC) |
|
9.70% |
1.01% |
-9.94% |
-1.31% |
1.81% |
5.03% |
-3.65% |
9.20% |
24.36% |
-10.61% |
-0.20% |
Operating Return on Assets (OROA) |
|
2.26% |
2.30% |
2.01% |
2.24% |
1.95% |
2.29% |
2.07% |
1.89% |
2.14% |
2.38% |
2.29% |
Return on Assets (ROA) |
|
1.55% |
1.51% |
1.35% |
1.34% |
1.55% |
1.80% |
1.66% |
1.50% |
1.72% |
1.90% |
1.85% |
Return on Common Equity (ROCE) |
|
13.61% |
13.36% |
12.10% |
11.49% |
12.69% |
14.20% |
13.18% |
12.74% |
16.22% |
18.23% |
16.64% |
Return on Equity Simple (ROE_SIMPLE) |
|
13.55% |
12.90% |
11.78% |
10.81% |
11.65% |
13.58% |
12.78% |
12.93% |
17.66% |
16.89% |
16.03% |
Net Operating Profit after Tax (NOPAT) |
|
53 |
54 |
52 |
54 |
70 |
89 |
90 |
88 |
102 |
114 |
117 |
NOPAT Margin |
|
30.04% |
29.65% |
29.32% |
28.62% |
35.22% |
38.87% |
37.75% |
39.11% |
40.49% |
39.45% |
39.89% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
36.87% |
36.53% |
39.84% |
37.56% |
37.44% |
37.00% |
35.74% |
37.97% |
36.09% |
33.72% |
35.08% |
Operating Expenses to Revenue |
|
53.90% |
50.95% |
54.09% |
50.59% |
56.88% |
51.17% |
48.58% |
52.03% |
49.30% |
49.51% |
50.15% |
Earnings before Interest and Taxes (EBIT) |
|
77 |
83 |
77 |
91 |
88 |
113 |
111 |
111 |
127 |
143 |
145 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
79 |
84 |
84 |
98 |
94 |
119 |
122 |
126 |
143 |
154 |
158 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.34 |
1.28 |
1.83 |
1.72 |
1.46 |
1.76 |
1.40 |
1.68 |
2.25 |
2.34 |
2.37 |
Price to Tangible Book Value (P/TBV) |
|
1.66 |
1.58 |
2.23 |
2.03 |
1.83 |
2.15 |
1.69 |
2.02 |
2.81 |
3.07 |
3.03 |
Price to Revenue (P/Rev) |
|
2.98 |
2.94 |
4.55 |
4.55 |
4.40 |
5.03 |
4.14 |
5.07 |
5.15 |
5.45 |
5.89 |
Price to Earnings (P/E) |
|
9.92 |
9.92 |
15.52 |
15.88 |
12.49 |
12.94 |
10.97 |
12.96 |
12.72 |
13.82 |
14.78 |
Dividend Yield |
|
4.55% |
4.73% |
3.17% |
3.17% |
3.36% |
3.05% |
3.66% |
3.07% |
2.80% |
2.50% |
2.49% |
Earnings Yield |
|
10.08% |
10.08% |
6.44% |
6.30% |
8.01% |
7.73% |
9.11% |
7.71% |
7.86% |
7.23% |
6.77% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.98 |
1.08 |
1.39 |
1.36 |
1.18 |
1.41 |
0.75 |
0.83 |
1.60 |
1.69 |
1.64 |
Enterprise Value to Revenue (EV/Rev) |
|
3.00 |
3.50 |
5.54 |
5.53 |
4.92 |
5.36 |
3.16 |
3.64 |
5.51 |
6.33 |
6.75 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
6.72 |
7.59 |
11.69 |
10.74 |
10.35 |
10.33 |
6.15 |
6.52 |
9.71 |
11.93 |
12.56 |
Enterprise Value to EBIT (EV/EBIT) |
|
6.85 |
7.73 |
12.77 |
11.56 |
11.10 |
10.85 |
6.74 |
7.37 |
10.91 |
12.82 |
13.70 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
9.98 |
11.79 |
18.91 |
19.31 |
13.96 |
13.78 |
8.38 |
9.31 |
13.61 |
16.04 |
16.91 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.91 |
13.32 |
15.09 |
13.78 |
12.60 |
11.72 |
8.36 |
8.02 |
12.00 |
13.33 |
15.02 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
10.05 |
111.15 |
0.00 |
0.00 |
67.41 |
28.78 |
0.00 |
8.95 |
6.13 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.39 |
0.41 |
0.60 |
0.53 |
0.38 |
0.33 |
0.42 |
0.46 |
0.50 |
0.61 |
0.65 |
Long-Term Debt to Equity |
|
0.04 |
0.07 |
0.18 |
0.14 |
0.01 |
0.01 |
0.00 |
0.00 |
0.00 |
0.15 |
0.21 |
Financial Leverage |
|
0.39 |
0.40 |
0.51 |
0.56 |
0.45 |
0.35 |
0.38 |
0.44 |
0.48 |
0.56 |
0.63 |
Leverage Ratio |
|
8.77 |
8.86 |
8.93 |
8.59 |
8.19 |
7.88 |
7.93 |
8.51 |
9.44 |
9.60 |
8.97 |
Compound Leverage Factor |
|
8.77 |
8.86 |
8.93 |
8.59 |
8.19 |
7.88 |
7.93 |
8.51 |
9.44 |
9.60 |
8.97 |
Debt to Total Capital |
|
27.92% |
29.01% |
37.44% |
34.84% |
27.33% |
24.66% |
29.68% |
31.45% |
33.49% |
37.71% |
39.43% |
Short-Term Debt to Total Capital |
|
24.88% |
24.02% |
26.05% |
25.70% |
26.84% |
24.19% |
29.68% |
31.45% |
33.49% |
28.51% |
27.00% |
Long-Term Debt to Total Capital |
|
3.04% |
4.99% |
11.40% |
9.14% |
0.49% |
0.46% |
0.00% |
0.00% |
0.00% |
9.20% |
12.43% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
72.08% |
70.99% |
62.56% |
65.16% |
72.67% |
75.35% |
70.32% |
68.55% |
66.51% |
62.29% |
60.57% |
Debt to EBITDA |
|
1.92 |
2.04 |
3.14 |
2.75 |
2.39 |
1.81 |
2.43 |
2.48 |
2.03 |
2.66 |
3.02 |
Net Debt to EBITDA |
|
0.04 |
1.21 |
2.10 |
1.91 |
1.09 |
0.63 |
-1.91 |
-2.56 |
0.64 |
1.65 |
1.59 |
Long-Term Debt to EBITDA |
|
0.21 |
0.35 |
0.96 |
0.72 |
0.04 |
0.03 |
0.00 |
0.00 |
0.00 |
0.65 |
0.95 |
Debt to NOPAT |
|
2.86 |
3.17 |
5.08 |
4.95 |
3.23 |
2.41 |
3.30 |
3.55 |
2.85 |
3.58 |
4.06 |
Net Debt to NOPAT |
|
0.06 |
1.87 |
3.39 |
3.43 |
1.47 |
0.84 |
-2.60 |
-3.66 |
0.89 |
2.22 |
2.14 |
Long-Term Debt to NOPAT |
|
0.31 |
0.55 |
1.55 |
1.30 |
0.06 |
0.05 |
0.00 |
0.00 |
0.00 |
0.87 |
1.28 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
53 |
5.74 |
-64 |
-9.67 |
14 |
43 |
-34 |
92 |
227 |
-104 |
-2.30 |
Operating Cash Flow to CapEx |
|
3,187.22% |
1,667.07% |
1,395.64% |
2,164.52% |
1,229.74% |
4,298.20% |
1,986.18% |
3,459.84% |
5,936.29% |
5,135.50% |
5,057.36% |
Free Cash Flow to Firm to Interest Expense |
|
4.40 |
0.49 |
-4.88 |
-0.58 |
0.56 |
1.18 |
-1.45 |
9.26 |
23.49 |
-1.99 |
-0.03 |
Operating Cash Flow to Interest Expense |
|
4.46 |
4.05 |
4.95 |
4.53 |
3.02 |
2.89 |
3.80 |
10.34 |
12.00 |
2.64 |
1.53 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.32 |
3.81 |
4.59 |
4.32 |
2.77 |
2.82 |
3.61 |
10.04 |
11.79 |
2.59 |
1.50 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.04 |
0.05 |
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
2.20 |
2.35 |
2.33 |
2.57 |
2.63 |
2.96 |
3.08 |
2.98 |
3.48 |
4.06 |
4.12 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
542 |
591 |
707 |
771 |
827 |
873 |
997 |
994 |
869 |
1,087 |
1,206 |
Invested Capital Turnover |
|
0.33 |
0.32 |
0.27 |
0.26 |
0.25 |
0.27 |
0.25 |
0.23 |
0.27 |
0.30 |
0.26 |
Increase / (Decrease) in Invested Capital |
|
0.36 |
48 |
117 |
64 |
56 |
47 |
124 |
-3.50 |
-125 |
218 |
119 |
Enterprise Value (EV) |
|
529 |
638 |
986 |
1,049 |
977 |
1,231 |
751 |
820 |
1,390 |
1,835 |
1,981 |
Market Capitalization |
|
526 |
537 |
809 |
863 |
874 |
1,156 |
983 |
1,142 |
1,299 |
1,581 |
1,730 |
Book Value per Share |
|
$25.68 |
$27.40 |
$29.48 |
$32.17 |
$39.04 |
$40.36 |
$44.41 |
$45.05 |
$38.90 |
$45.65 |
$49.70 |
Tangible Book Value per Share |
|
$20.81 |
$22.19 |
$24.21 |
$27.14 |
$31.06 |
$32.99 |
$36.90 |
$37.31 |
$31.11 |
$34.69 |
$38.81 |
Total Capital |
|
542 |
591 |
707 |
771 |
827 |
873 |
997 |
994 |
869 |
1,087 |
1,206 |
Total Debt |
|
151 |
171 |
265 |
269 |
226 |
215 |
296 |
312 |
291 |
410 |
476 |
Total Long-Term Debt |
|
16 |
29 |
81 |
70 |
4.05 |
4.06 |
0.00 |
0.00 |
0.00 |
100 |
150 |
Net Debt |
|
3.20 |
101 |
177 |
186 |
103 |
75 |
-233 |
-322 |
91 |
254 |
250 |
Capital Expenditures (CapEx) |
|
1.67 |
2.87 |
4.68 |
3.52 |
6.31 |
2.44 |
4.52 |
2.96 |
1.95 |
2.68 |
2.61 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
151 |
171 |
265 |
269 |
226 |
215 |
296 |
312 |
291 |
410 |
476 |
Total Depreciation and Amortization (D&A) |
|
1.43 |
1.50 |
7.07 |
6.89 |
6.37 |
5.70 |
11 |
15 |
16 |
11 |
13 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$3.40 |
$3.54 |
$3.46 |
$3.49 |
$4.50 |
$5.43 |
$5.55 |
$5.67 |
$6.81 |
$7.62 |
$7.91 |
Adjusted Weighted Average Basic Shares Outstanding |
|
15.40M |
15.12M |
14.90M |
15.41M |
15.42M |
16.31M |
15.98M |
15.38M |
14.85M |
14.87M |
14.67M |
Adjusted Diluted Earnings per Share |
|
$3.38 |
$3.53 |
$3.45 |
$3.48 |
$4.49 |
$5.42 |
$5.55 |
$5.66 |
$6.80 |
$7.61 |
$7.89 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
15.49M |
15.17M |
14.91M |
15.44M |
15.44M |
16.33M |
16.00M |
15.41M |
14.87M |
14.89M |
14.67M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$5.43 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
15.17M |
14.98M |
15.58M |
15.51M |
16.53M |
16.28M |
15.73M |
15.07M |
14.74M |
14.82M |
14.67M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
53 |
54 |
52 |
54 |
81 |
90 |
90 |
88 |
102 |
119 |
117 |
Normalized NOPAT Margin |
|
30.04% |
29.87% |
29.32% |
28.62% |
40.52% |
39.15% |
37.84% |
39.09% |
40.59% |
40.88% |
39.96% |
Pre Tax Income Margin |
|
43.80% |
45.22% |
43.43% |
47.83% |
44.28% |
49.37% |
46.90% |
49.37% |
50.51% |
49.37% |
49.23% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
6.46 |
6.97 |
5.85 |
5.40 |
3.43 |
3.12 |
4.71 |
11.24 |
13.19 |
2.75 |
1.68 |
NOPAT to Interest Expense |
|
4.43 |
4.57 |
3.95 |
3.23 |
2.72 |
2.46 |
3.79 |
8.90 |
10.57 |
2.20 |
1.36 |
EBIT Less CapEx to Interest Expense |
|
6.32 |
6.73 |
5.49 |
5.19 |
3.18 |
3.06 |
4.52 |
10.94 |
12.99 |
2.70 |
1.65 |
NOPAT Less CapEx to Interest Expense |
|
4.29 |
4.33 |
3.59 |
3.02 |
2.48 |
2.39 |
3.60 |
8.60 |
10.37 |
2.15 |
1.33 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
46.24% |
46.78% |
49.34% |
49.94% |
42.26% |
39.78% |
40.93% |
41.03% |
35.96% |
34.97% |
37.13% |
Augmented Payout Ratio |
|
99.02% |
59.82% |
68.55% |
49.94% |
71.22% |
61.53% |
81.65% |
107.65% |
61.87% |
87.55% |
52.41% |
Quarterly Metrics And Ratios for City
This table displays calculated financial ratios and metrics derived from City's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
16.70% |
21.18% |
30.30% |
28.18% |
8.95% |
0.00% |
-2.99% |
4.01% |
0.00% |
3.01% |
EBITDA Growth |
|
17.98% |
20.79% |
8.22% |
25.16% |
5.66% |
-98.10% |
-10.72% |
-1.89% |
461.06% |
1.04% |
EBIT Growth |
|
20.06% |
26.58% |
15.07% |
42.77% |
8.62% |
-100.00% |
-10.72% |
-1.80% |
0.00% |
0.71% |
NOPAT Growth |
|
20.42% |
31.16% |
14.05% |
44.31% |
9.00% |
-100.00% |
-11.05% |
-0.10% |
0.00% |
2.77% |
Net Income Growth |
|
20.42% |
31.16% |
14.05% |
44.31% |
9.00% |
0.00% |
-11.05% |
-0.10% |
0.00% |
2.77% |
EPS Growth |
|
24.49% |
33.99% |
15.60% |
43.05% |
8.20% |
0.00% |
-9.26% |
2.02% |
0.00% |
4.57% |
Operating Cash Flow Growth |
|
9.01% |
19.14% |
40.15% |
0.00% |
1.00% |
-1.51% |
0.00% |
2.49% |
0.67% |
-2.03% |
Free Cash Flow Firm Growth |
|
640.38% |
478.09% |
-99.12% |
-45.36% |
-171.43% |
-240.33% |
-737.83% |
-100.09% |
45.26% |
47.01% |
Invested Capital Growth |
|
-12.41% |
-12.56% |
2.54% |
1.36% |
15.91% |
25.10% |
15.03% |
24.44% |
10.98% |
10.28% |
Revenue Q/Q Growth |
|
13.34% |
5.30% |
2.21% |
0.00% |
-3.67% |
0.00% |
0.00% |
3.29% |
0.00% |
0.00% |
EBITDA Q/Q Growth |
|
18.66% |
5.52% |
-16.05% |
19.07% |
0.17% |
-98.10% |
0.00% |
10.07% |
-89.13% |
823.54% |
EBIT Q/Q Growth |
|
22.30% |
7.76% |
-18.39% |
32.74% |
-6.95% |
-100.00% |
0.00% |
2.35% |
-100.00% |
0.00% |
NOPAT Q/Q Growth |
|
20.68% |
12.05% |
-20.64% |
34.48% |
-8.84% |
-100.00% |
0.00% |
2.38% |
-100.00% |
0.00% |
Net Income Q/Q Growth |
|
20.68% |
12.05% |
-20.64% |
0.00% |
-8.84% |
0.00% |
0.00% |
2.38% |
0.00% |
0.00% |
EPS Q/Q Growth |
|
21.19% |
12.02% |
-20.49% |
0.00% |
-8.33% |
0.00% |
0.00% |
3.06% |
0.00% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
114.90% |
-6.38% |
17.18% |
0.00% |
0.00% |
-8.70% |
0.00% |
0.00% |
-10.32% |
-6.65% |
Free Cash Flow Firm Q/Q Growth |
|
322.10% |
4.86% |
-99.39% |
1,924.05% |
-651.76% |
-106.01% |
0.00% |
-73.09% |
43.64% |
27.51% |
Invested Capital Q/Q Growth |
|
-14.21% |
1.84% |
8.69% |
6.74% |
-1.90% |
9.92% |
0.00% |
6.13% |
-1.96% |
3.96% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
57.45% |
57.57% |
47.29% |
53.58% |
55.71% |
0.00% |
49.31% |
52.55% |
0.00% |
53.73% |
EBIT Margin |
|
51.91% |
53.12% |
42.42% |
53.58% |
51.76% |
0.00% |
49.31% |
48.87% |
0.00% |
49.52% |
Profit (Net Income) Margin |
|
40.84% |
43.46% |
33.74% |
43.18% |
40.86% |
0.00% |
39.59% |
39.25% |
0.00% |
40.70% |
Tax Burden Percent |
|
78.67% |
81.80% |
79.55% |
80.59% |
78.95% |
0.00% |
80.29% |
80.32% |
0.00% |
82.19% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
0.00% |
100.00% |
100.00% |
0.00% |
100.00% |
Effective Tax Rate |
|
21.33% |
18.20% |
20.45% |
19.41% |
21.05% |
0.00% |
19.71% |
19.68% |
0.00% |
17.81% |
Return on Invested Capital (ROIC) |
|
10.72% |
11.77% |
9.73% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
10.07% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
10.72% |
11.77% |
9.73% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
10.07% |
Return on Net Nonoperating Assets (RNNOA) |
|
5.26% |
5.64% |
4.41% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
6.67% |
Return on Equity (ROE) |
|
15.98% |
17.40% |
14.14% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
16.73% |
Cash Return on Invested Capital (CROIC) |
|
23.60% |
24.36% |
8.76% |
-1.35% |
-14.74% |
-10.61% |
-13.98% |
-21.78% |
-0.20% |
0.09% |
Operating Return on Assets (OROA) |
|
2.09% |
2.25% |
1.87% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.26% |
Return on Assets (ROA) |
|
1.65% |
1.84% |
1.48% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
1.86% |
Return on Common Equity (ROCE) |
|
15.98% |
17.40% |
14.14% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
16.73% |
Return on Equity Simple (ROE_SIMPLE) |
|
17.29% |
0.00% |
16.14% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
15.59% |
Net Operating Profit after Tax (NOPAT) |
|
27 |
31 |
24 |
33 |
30 |
0.00 |
29 |
30 |
0.00 |
30 |
NOPAT Margin |
|
40.84% |
43.46% |
33.74% |
43.18% |
40.86% |
0.00% |
39.59% |
39.25% |
0.00% |
40.70% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
35.61% |
31.94% |
33.50% |
33.11% |
34.04% |
0.00% |
34.96% |
34.93% |
0.00% |
35.03% |
Operating Expenses to Revenue |
|
47.00% |
46.17% |
53.54% |
45.86% |
47.97% |
0.00% |
50.01% |
49.55% |
0.00% |
50.48% |
Earnings before Interest and Taxes (EBIT) |
|
35 |
37 |
31 |
41 |
38 |
0.00 |
36 |
37 |
0.00 |
37 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
39 |
41 |
34 |
41 |
41 |
0.77 |
36 |
40 |
4.34 |
40 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
2.27 |
2.25 |
2.01 |
2.06 |
2.15 |
2.34 |
0.00 |
2.31 |
2.37 |
2.26 |
Price to Tangible Book Value (P/TBV) |
|
2.88 |
2.81 |
2.69 |
2.77 |
2.93 |
3.07 |
0.00 |
2.95 |
3.03 |
2.87 |
Price to Revenue (P/Rev) |
|
5.19 |
5.15 |
4.87 |
0.00 |
0.00 |
5.45 |
0.00 |
0.00 |
5.89 |
5.78 |
Price to Earnings (P/E) |
|
13.13 |
12.72 |
12.47 |
0.00 |
0.00 |
13.82 |
0.00 |
0.00 |
14.78 |
14.51 |
Dividend Yield |
|
2.84% |
2.80% |
2.83% |
2.94% |
2.98% |
2.50% |
2.65% |
2.45% |
2.49% |
2.58% |
Earnings Yield |
|
7.61% |
7.86% |
8.02% |
0.00% |
0.00% |
7.23% |
0.00% |
0.00% |
6.77% |
6.89% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.47 |
1.60 |
1.38 |
1.44 |
1.60 |
1.69 |
0.00 |
1.55 |
1.64 |
1.45 |
Enterprise Value to Revenue (EV/Rev) |
|
5.22 |
5.51 |
4.84 |
0.00 |
0.00 |
6.33 |
0.00 |
0.00 |
6.75 |
6.17 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.19 |
9.71 |
8.93 |
104.23 |
120.56 |
11.93 |
0.00 |
198.19 |
12.56 |
11.53 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.47 |
10.91 |
9.91 |
0.00 |
0.00 |
12.82 |
0.00 |
0.00 |
13.70 |
12.60 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
13.20 |
13.61 |
12.38 |
0.00 |
0.00 |
16.04 |
0.00 |
0.00 |
16.91 |
15.47 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
11.34 |
12.00 |
10.23 |
10.52 |
11.42 |
13.33 |
0.00 |
14.50 |
15.02 |
13.90 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
5.80 |
6.13 |
15.93 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1,775.91 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.56 |
0.50 |
0.45 |
0.58 |
0.62 |
0.61 |
0.69 |
0.66 |
0.65 |
0.66 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.16 |
0.16 |
0.15 |
0.22 |
0.20 |
0.21 |
0.20 |
Financial Leverage |
|
0.49 |
0.48 |
0.45 |
0.63 |
0.59 |
0.56 |
0.64 |
0.64 |
0.63 |
0.66 |
Leverage Ratio |
|
9.71 |
9.44 |
9.52 |
10.09 |
10.38 |
9.60 |
9.44 |
9.26 |
8.97 |
8.99 |
Compound Leverage Factor |
|
9.71 |
9.44 |
9.52 |
10.09 |
10.38 |
0.00 |
9.44 |
9.26 |
0.00 |
8.99 |
Debt to Total Capital |
|
35.73% |
33.49% |
31.06% |
36.88% |
38.30% |
37.71% |
40.77% |
39.75% |
39.43% |
39.69% |
Short-Term Debt to Total Capital |
|
35.73% |
33.49% |
31.06% |
26.96% |
28.18% |
28.51% |
27.83% |
27.56% |
27.00% |
27.73% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
9.92% |
10.11% |
9.20% |
12.94% |
12.19% |
12.43% |
11.96% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
64.27% |
66.51% |
68.94% |
63.12% |
61.70% |
62.29% |
59.23% |
60.25% |
60.57% |
60.31% |
Debt to EBITDA |
|
2.24 |
2.03 |
2.01 |
26.73 |
28.94 |
2.66 |
48.62 |
50.77 |
3.02 |
3.15 |
Net Debt to EBITDA |
|
0.05 |
0.64 |
-0.07 |
10.10 |
20.48 |
1.65 |
26.20 |
20.26 |
1.59 |
0.71 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
7.19 |
7.64 |
0.65 |
15.43 |
15.57 |
0.95 |
0.95 |
Debt to NOPAT |
|
3.22 |
2.85 |
2.79 |
0.00 |
0.00 |
3.58 |
0.00 |
0.00 |
4.06 |
4.22 |
Net Debt to NOPAT |
|
0.07 |
0.89 |
-0.09 |
0.00 |
0.00 |
2.22 |
0.00 |
0.00 |
2.14 |
0.96 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.87 |
0.00 |
0.00 |
1.28 |
1.27 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
148 |
155 |
0.95 |
19 |
-106 |
-218 |
-122 |
-212 |
-119 |
-87 |
Operating Cash Flow to CapEx |
|
7,245.22% |
7,354.21% |
6,477.44% |
0.00% |
5,532.08% |
5,883.51% |
0.00% |
5,800.62% |
3,553.68% |
15,224.15% |
Free Cash Flow to Firm to Interest Expense |
|
73.19 |
34.21 |
0.12 |
1.58 |
-7.26 |
0.00 |
-5.73 |
-9.44 |
0.00 |
-4.01 |
Operating Cash Flow to Interest Expense |
|
17.96 |
7.50 |
4.94 |
0.00 |
2.52 |
0.00 |
0.00 |
1.68 |
0.00 |
1.46 |
Operating Cash Flow Less CapEx to Interest Expense |
|
17.71 |
7.39 |
4.87 |
0.00 |
2.47 |
0.00 |
0.00 |
1.65 |
0.00 |
1.45 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.00 |
0.00 |
0.05 |
0.00 |
0.00 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
3.27 |
3.48 |
3.67 |
0.00 |
0.00 |
4.06 |
0.00 |
0.00 |
4.12 |
4.19 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
853 |
869 |
944 |
1,008 |
989 |
1,087 |
1,159 |
1,230 |
1,206 |
1,254 |
Invested Capital Turnover |
|
0.26 |
0.27 |
0.29 |
0.00 |
0.00 |
0.30 |
0.00 |
0.00 |
0.26 |
0.25 |
Increase / (Decrease) in Invested Capital |
|
-121 |
-125 |
23 |
14 |
136 |
218 |
152 |
242 |
119 |
117 |
Enterprise Value (EV) |
|
1,251 |
1,390 |
1,301 |
1,450 |
1,577 |
1,835 |
0.00 |
1,910 |
1,981 |
1,824 |
Market Capitalization |
|
1,245 |
1,299 |
1,311 |
1,309 |
1,309 |
1,581 |
0.00 |
1,714 |
1,730 |
1,711 |
Book Value per Share |
|
$36.91 |
$38.90 |
$44.17 |
$42.22 |
$40.66 |
$45.65 |
$46.71 |
$50.42 |
$49.70 |
$51.56 |
Tangible Book Value per Share |
|
$29.09 |
$31.11 |
$33.04 |
$31.37 |
$29.77 |
$34.69 |
$35.74 |
$39.50 |
$38.81 |
$40.69 |
Total Capital |
|
853 |
869 |
944 |
1,008 |
989 |
1,087 |
1,159 |
1,230 |
1,206 |
1,254 |
Total Debt |
|
305 |
291 |
293 |
372 |
379 |
410 |
473 |
489 |
476 |
498 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
100 |
100 |
100 |
150 |
150 |
150 |
150 |
Net Debt |
|
6.45 |
91 |
-9.55 |
140 |
268 |
254 |
255 |
195 |
250 |
113 |
Capital Expenditures (CapEx) |
|
0.50 |
0.46 |
0.62 |
0.00 |
0.66 |
0.57 |
0.00 |
0.65 |
0.95 |
0.21 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
305 |
291 |
293 |
372 |
379 |
410 |
473 |
489 |
476 |
498 |
Total Depreciation and Amortization (D&A) |
|
3.71 |
3.14 |
3.51 |
0.00 |
2.89 |
0.77 |
0.00 |
2.80 |
4.34 |
3.14 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.84 |
$2.05 |
$1.63 |
$2.16 |
$1.98 |
$0.00 |
$1.96 |
$2.02 |
$0.00 |
$2.06 |
Adjusted Weighted Average Basic Shares Outstanding |
|
14.78M |
14.74M |
14.82M |
14.99M |
14.92M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Adjusted Diluted Earnings per Share |
|
$1.83 |
$2.05 |
$1.63 |
$2.16 |
$1.98 |
$0.00 |
$1.96 |
$2.02 |
$0.00 |
$2.06 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
14.80M |
14.74M |
14.84M |
15.01M |
14.95M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
14.86M |
14.74M |
15.07M |
15.01M |
14.83M |
14.82M |
14.70M |
14.70M |
14.67M |
14.48M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
27 |
31 |
29 |
33 |
30 |
0.00 |
29 |
30 |
0.00 |
30 |
Normalized NOPAT Margin |
|
40.84% |
43.83% |
39.98% |
43.21% |
40.91% |
0.00% |
39.60% |
39.27% |
0.00% |
40.63% |
Pre Tax Income Margin |
|
51.91% |
53.12% |
42.42% |
53.58% |
51.76% |
0.00% |
49.31% |
48.87% |
0.00% |
49.52% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
17.18 |
8.25 |
3.79 |
3.34 |
2.59 |
0.00 |
1.70 |
1.65 |
0.00 |
1.71 |
NOPAT to Interest Expense |
|
13.52 |
6.75 |
3.02 |
2.69 |
2.05 |
0.00 |
1.36 |
1.33 |
0.00 |
1.41 |
EBIT Less CapEx to Interest Expense |
|
16.93 |
8.15 |
3.72 |
3.34 |
2.55 |
0.00 |
1.70 |
1.62 |
0.00 |
1.70 |
NOPAT Less CapEx to Interest Expense |
|
13.27 |
6.65 |
2.94 |
2.69 |
2.00 |
0.00 |
1.36 |
1.30 |
0.00 |
1.40 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
37.76% |
35.96% |
35.46% |
0.00% |
0.00% |
34.97% |
0.00% |
0.00% |
37.13% |
37.72% |
Augmented Payout Ratio |
|
69.81% |
61.87% |
76.93% |
0.00% |
0.00% |
87.55% |
0.00% |
0.00% |
52.41% |
57.83% |
Key Financial Trends
City Holding Co (NASDAQ:CHCO) has shown steady financial performance over the last four years through Q1 2025. Here are some key trends and observations across income statements, cash flow statements, and balance sheets:
- Net Interest Income remained strong, increasing from $48.8 million in Q3 2022 to approximately $55.8 million in Q1 2025, reflecting growth in core lending and investment activities.
- Total revenue increased from approximately $67 million in Q3 2022 to about $74.6 million in Q1 2025, showing steady growth in both interest and non-interest income segments.
- Net Income attributable to common shareholders grew from $27.3 million in Q3 2022 to $30.3 million in Q1 2025, demonstrating solid profitability and controlled expenses.
- Basic and diluted earnings per share increased from about $1.83 in Q3 2022 to $2.06 in Q1 2025, indicating improving earnings on a per-share basis despite a relatively stable share count.
- The company consistently paid increasing quarterly dividends per share, rising from $0.65 in Q2 2023 to $0.79 in Q1 2025, signaling confidence in cash flow and shareholder returns.
- Total assets expanded from $5.9 billion in Q3 2022 to $6.6 billion in Q1 2025, highlighting asset growth primarily through increased deposits and securities holdings.
- City Holding maintained a strong equity base, with total common equity increasing from roughly $548 million in Q3 2022 to $756 million by Q1 2025, helping support balance sheet growth.
- Cash and due from banks fluctuated but generally increased from $65 million in Q3 2022 to $135 million in Q1 2025, showing management's liquidity adjustments.
- Allowance for loan and lease losses remained relatively stable around $21.7 million to $23 million, indicating consistent credit risk management with no significant loan loss provisions in recent quarters.
- Interest expense on deposits and short-term borrowings increased from approximately $16 million in early 2023 to over $21.5 million in Q1 2025, which may pressure net interest margins if not offset by higher yields.
- The company repurchased common equity, with repurchases totaling about $9.5 million in Q1 2025, slightly reducing equity but possibly supporting share price; however, sustained repurchases should be monitored for impact on financial flexibility.
- The company’s net cash flows from investing activities were significantly negative in recent years due to large purchases of investment securities, peaking at -$262 million in Q4 2023, which could imply heavy capital allocation into securities with potential risk if market conditions deteriorate.
Summary: City Holding Co exhibits healthy growth in revenue and net income alongside increasing dividends and equity. The company’s balance sheet expansions are backed by rising deposits and asset growth. However, rising funding costs and sustained investment purchases warrant attention as they could impact margins and liquidity. Overall, City Holding maintains a stable financial profile with growth potential for shareholders.
08/25/25 12:25 AMAI Generated. May Contain Errors.