City Historical Income Statement

CHCO Stock  USD 131.79  1.83  1.41%   
Historical analysis of City Holding income statement accounts such as Other Operating Expenses of 78.3 M, Operating Income of 155.7 M or Ebit of 150.3 M can show how well City Holding performed in making a profits. Evaluating City Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of City Holding's future profits or losses.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining City Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether City Holding is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in City Stock, please use our How to Invest in City Holding guide.

About City Income Statement Analysis

City Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to City Holding shareholders. The income statement also shows City investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

City Holding Income Statement Chart

At this time, City Holding's Selling And Marketing Expenses is very stable compared to the past year. As of the 24th of November 2024, Cost Of Revenue is likely to grow to about 32.7 M, while Interest Expense is likely to drop about 26.2 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of City Holding. It is also known as City Holding overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in City Holding financial statement analysis. It represents the amount of money remaining after all of City Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from City Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into City Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in City Stock, please use our How to Invest in City Holding guide.At this time, City Holding's Selling And Marketing Expenses is very stable compared to the past year. As of the 24th of November 2024, Cost Of Revenue is likely to grow to about 32.7 M, while Interest Expense is likely to drop about 26.2 M.
 2021 2022 2023 2024 (projected)
Operating Income111.2M137.0M148.3M155.7M
Other Operating Expenses107.6M5.6M108.1M78.3M

City Holding income statement Correlations

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0.640.311.01.00.230.980.450.870.770.80.80.990.01-0.61-0.580.670.69-0.430.810.790.580.56
0.620.331.01.00.170.980.460.870.780.820.820.980.01-0.62-0.60.680.67-0.450.810.770.60.51
0.620.341.01.00.190.980.470.880.780.810.810.990.01-0.63-0.60.670.68-0.440.80.770.60.53
0.31-0.030.230.170.190.210.070.33-0.03-0.03-0.030.25-0.15-0.09-0.07-0.150.530.250.230.260.020.75
0.640.280.980.980.980.210.360.850.730.770.770.98-0.01-0.53-0.50.650.69-0.460.870.830.640.59
0.320.610.450.460.470.070.360.60.770.740.740.50.41-0.81-0.850.470.260.360.180.180.070.07
0.690.530.870.870.880.330.850.60.840.870.870.88-0.03-0.66-0.660.60.72-0.230.750.750.480.67
0.590.510.770.780.78-0.030.730.770.840.980.980.780.1-0.83-0.840.60.37-0.160.60.580.410.28
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0.640.360.990.980.990.250.980.50.880.780.810.810.07-0.62-0.60.670.7-0.360.810.780.590.57
0.20.440.010.010.01-0.15-0.010.41-0.030.10.110.110.07-0.15-0.190.45-0.020.32-0.070.01-0.42-0.12
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0.630.180.690.670.680.530.690.260.720.370.450.450.7-0.02-0.22-0.20.27-0.130.710.730.330.8
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0.70.060.810.810.80.230.870.180.750.60.690.690.81-0.07-0.19-0.170.520.71-0.30.980.650.74
0.810.150.790.770.770.260.830.180.750.580.680.680.780.01-0.18-0.170.550.73-0.280.980.490.79
-0.01-0.210.580.60.60.020.640.070.480.410.450.450.59-0.42-0.13-0.110.190.33-0.290.650.490.27
0.730.140.560.510.530.750.590.070.670.280.350.350.57-0.12-0.08-0.060.210.8-0.040.740.790.27
Click cells to compare fundamentals

City Holding Account Relationship Matchups

City Holding income statement Accounts

201920202021202220232024 (projected)
Interest Expense36.3M23.6M9.9M9.7M52.0M26.2M
Other Operating Expenses110.8M120.1M107.6M5.6M108.1M78.3M
Operating Income113.5M111.3M111.2M137.0M148.3M155.7M
Ebit113.5M114.5M118.5M136.4M143.1M150.3M
Ebitda119.2M122.0M125.8M143.1M153.8M161.5M
Total Operating Expenses(110.8M)(120.1M)(107.6M)5.6M282.4M296.5M
Net Income89.4M89.6M88.1M102.1M114.4M120.1M
Income Tax Expense24.1M21.7M23.1M25.3M28.7M15.1M
Depreciation And Amortization5.7M7.4M7.3M6.7M10.7M7.5M
Selling General Administrative62.8M63.0M63.4M68.2M76.1M44.0M
Total Revenue224.3M231.4M218.8M246.1M286.6M149.5M
Gross Profit224.3M231.4M218.8M246.1M286.6M149.5M
Income Before Tax113.5M111.3M111.2M127.3M143.1M150.3M
Total Other Income Expense Net113.5M(22.3M)(22.7M)(22.9M)(5.2M)(5.4M)
Selling And Marketing Expenses3.3M2.8M3.1M3.4M3.1M3.4M
Net Income Applicable To Common Shares89.4M89.6M87.2M102.1M117.4M61.1M
Net Income From Continuing Ops137.6M133.0M88.1M102.1M114.4M105.3M
Tax Provision24.1M21.7M23.1M25.3M28.7M20.5M
Net Interest Income161.4M154.6M155.6M180.0M219.2M167.4M
Interest Income197.7M178.3M165.5M189.7M271.3M191.7M
Reconciled Depreciation5.7M10.7M14.6M15.8M10.7M11.1M

Pair Trading with City Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if City Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in City Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with City Stock

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Moving against City Stock

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The ability to find closely correlated positions to City Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back City Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling City Holding to buy it.
The correlation of City Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for City Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether City Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of City Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in City Stock, please use our How to Invest in City Holding guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of City Holding. If investors know City will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about City Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.019
Dividend Share
2.93
Earnings Share
7.8
Revenue Per Share
19.688
Quarterly Revenue Growth
0.026
The market value of City Holding is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Holding's value that differs from its market value or its book value, called intrinsic value, which is City Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because City Holding's market value can be influenced by many factors that don't directly affect City Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between City Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.