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City Holding Co (City Holding Co) Net Income : $114.4 Mil (TTM As of Dec. 2023)


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City Holding Co Net Income Definition

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. City Holding Co's Net Income for the three months ended in Dec. 2023 was $27.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $114.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. City Holding Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.86.


City Holding Co Net Income Historical Data

The historical data trend for City Holding Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

City Holding Co Net Income Chart

City Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.35 89.60 88.08 102.07 114.37

City Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.66 24.34 32.73 29.84 27.45

City Holding Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

City Holding Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=143.106+-28.741+0+0
=114.4

City Holding Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=34.093+-6.641+0+-3.5527136788005E-15
=27.5

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


City Holding Co  (NAS:CHCO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

City Holding Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


City Holding Co Net Income Related Terms

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City Holding Co (City Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
25 Gatewater Road, P.O. Box 7520, Charleston, WV, USA, 25313
City Holding Co is a financial holding company. It provides banking, trust and investment management and other financial solutions through its network of banking offices located in the states of West Virginia, Virginia, southeastern Ohio and Kentucky. It offers various products and services such as overdraft facilities, saving accounts, credit card and debit cards, loans for various purposes, investment advisory, securities brokerage, insurance, technology products, and others. These products and services are provided to commercial banking, consumer banking, mortgage banking, wealth management and trust services.
Executives
David L Bumgarner officer: SVP & Chief Financial Officer 214 BENT TREE ESTATES, SCOTT DEPOT WV 25560
J. Thomas Jones director ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Hylton Tracy W Ii director PO BOX 1109, BECKLEY WV 25802-1109
Robert D Fisher director
Sharon Horton Rowe director 25 GATEWATER ROAD, CROSS LANES WV 25313
Quinlan Michael T Jr officer: SVP, Branch Banking 209 PARKVIEW DRIVE, ST ALBANS WV 25177
Gregory A Burton director 4504 WASHINGTON AVENUE SE, CHARLESTON WV 25304
Charles R Hageboeck director, officer: President & CEO
John A Derito officer: EVP, Commercial Banking 6 FOXCHASE ROAD, CHARLESTON WV 25304
Jeffrey Dale Legge officer: SVP, CAO & CIO 634 RIDGEWOOD ROAD, HUNTINGTON WV 25701
Javier A Reyes director 65 FALLING WATER LANE, MORGANTOWN WV 26508
Craig G Stilwell officer: EVP Retail Banking
Diane W Strong-treister director 503 PENNSYLVANIA AVENUE, CHARLESTON WV 25302
James L Rossi director
Charles W Fairchilds director C/O COMMUNITY FINANCIAL CORP, 38 NORTH CENTRAL AVENUE, STAUNTON VA 24401

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