Every material Form 8-K City Holding filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
City Holding Company (CHCO) appointed retired Major General James A. Hoyer to its Board of Directors effective July 31, 2024, increasing the board from 13 to 14 directors. Hoyer also joined the board of its subsidiary, City National Bank of West Virginia, and will stand for election by shareholders at the April 2025 annual meeting.
Hoyer is named as a Class II director, with a term expiring at the 2028 annual meeting
Board size increases from 13 to 14 directors
Hoyer has not been appointed to any board committees as of the filing date
Compensation will follow the company's standard non-employee director arrangements disclosed in its 2024 proxy statement
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.
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
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every City Holding filing is on SEC EDGAR ↗. 8-K briefs of other companies →