City Holding Company (CHCO) Releases Earnings Results, Beats Expectations By $0.04 EPS

City Holding Company (CHCO) reported quarterly earnings results on Tuesday, Jul-26-2016. The company said it had a profit of $0.83 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.79. Analysts expectations of $43.13 million. During the same quarter in the previous year, the company posted $0.78 EPS.

City Holding Company closed down -0.26 points or -0.55% at $46.61 with 1,08,776 shares getting traded on Wednesday. Post opening the session at $47.17, the shares hit an intraday low of $46.5401 and an intraday high of $47.17 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on May 31, 2016, John A Derito (EVP, Commercial Banking) sold 2,500 shares at $49.04 per share price. According to the SEC, on May 27, 2016, Charles R Hageboeck (President & CEO) sold 3,401 shares at $48.85 per share price. On May 26, 2016, David L Bumgarner (SVP & Chief Financial Officer) sold 1,250 shares at $48.75 per share price, according to the Form-4 filing with the securities and exchange commission.

City Holding Company is a financial holding company. The Company conducts its principal activities through its wholly owned subsidiary City National Bank of West Virginia (City National). City National provides banking trust and investment management and other financial solutions through its network of around 82 banking offices located in the states of West Virginia Virginia eastern Kentucky and southeastern Ohio. City National offers various products and services including commercial banking consumer banking mortgage banking and wealth management and trust services. City National provides credit deposit and investment advisory products and services to rural and small community markets in addition to cities including Charleston Huntington Winchester Staunton Virginia Beach Ashland and Martinsburg.

City Holding Company

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