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AI brief of an SEC Form 8-K · City Holding (CHCO)

City Holding Q2 net income falls to $29.1 million, EPS $1.96 from $2.16 a year earlier

Negative Impact 3 of 5 earnings Written later

City Holding Company reported second-quarter 2024 net income of $29.1 million, or $1.96 per diluted share, down from $32.7 million and $2.16 a year earlier and slightly below the first quarter's $29.5 million and $1.97. Net interest margin narrowed to 3.87% from 3.95% in the first quarter, while non-interest expense rose to $36.8 million from $34.8 million a year earlier, which matters to shareholders because profit fell on both comparisons.

Key points

  • Q2 2024 net income $29.1 million vs $32.7 million in Q2 2023 and $29.5 million in Q1 2024
  • Diluted EPS $1.96 vs $2.16 in Q2 2023 and $1.97 in Q1 2024
  • Net interest margin 3.87% vs 3.95% in Q1 2024; non-interest expense $36.8 million vs $34.8 million in Q2 2023
  • Board declared a quarterly cash dividend of $0.715 per share payable July 31, 2024

The filing

CompanyCity Holding (CHCO)
Form8-K, current report
Filed with the SECJul 23, 2024, 10:01 AM ET
Accession number0000726854-24-000155

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.