City Holding Q3 EPS $2.02 vs $1.98 a year earlier; net income $29.8 million
City Holding Company reported third-quarter 2024 net income of $29.8 million and diluted earnings of $2.02 per share, up from $1.96 in the second quarter and $1.98 a year earlier. Non-interest income rose to $20.3 million from $17.4 million, while nonperforming assets increased to $16.2 million, which the company tied in part to a $2.0 million charge-off on a movie theater loan. The company also declared a quarterly dividend of $0.79 per share, which the release describes as a 10.0% increase.
Key points
- Net income of $29.8 million and diluted EPS of $2.02 for the quarter ended September 30, 2024, versus $1.96 in Q2 2024 and $1.98 in Q3 2023
- Non-interest income of $20.3 million versus $17.4 million a year earlier; net interest income of $55.6 million was roughly flat year over year
- Nonperforming assets rose to $16.2 million (0.39% of loans and other real estate owned) from $10.2 million at June 30, 2024, and the provision for credit losses was $1.2 million
- Quarterly cash dividend of $0.79 per share, payable October 31, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 October 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.