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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 Ebitda Net Income

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 Income	111.2M	137.0M	148.3M	155.7M
Other Operating Expenses	107.6M	5.6M	108.1M	78.3M

Operating Income Other Operating Expenses

City Holding income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.45	0.64	0.62	0.62	0.31	0.64	0.32	0.69	0.59	0.63	0.63	0.64	0.2	-0.4	-0.38	0.51	0.63	-0.18	0.7	0.81	-0.01	0.73
Other Operating Expenses	0.45		0.31	0.33	0.34	-0.03	0.28	0.61	0.53	0.51	0.5	0.5	0.36	0.44	-0.61	-0.64	0.54	0.18	0.01	0.06	0.15	-0.21	0.14
Operating Income	0.64	0.31		1.0	1.0	0.23	0.98	0.45	0.87	0.77	0.8	0.8	0.99	0.01	-0.61	-0.58	0.67	0.69	-0.43	0.81	0.79	0.58	0.56
Ebit	0.62	0.33	1.0		1.0	0.17	0.98	0.46	0.87	0.78	0.82	0.82	0.98	0.01	-0.62	-0.6	0.68	0.67	-0.45	0.81	0.77	0.6	0.51
Ebitda	0.62	0.34	1.0	1.0		0.19	0.98	0.47	0.88	0.78	0.81	0.81	0.99	0.01	-0.63	-0.6	0.67	0.68	-0.44	0.8	0.77	0.6	0.53
Total Operating Expenses	0.31	-0.03	0.23	0.17	0.19		0.21	0.07	0.33	-0.03	-0.03	-0.03	0.25	-0.15	-0.09	-0.07	-0.15	0.53	0.25	0.23	0.26	0.02	0.75
Net Income	0.64	0.28	0.98	0.98	0.98	0.21		0.36	0.85	0.73	0.77	0.77	0.98	-0.01	-0.53	-0.5	0.65	0.69	-0.46	0.87	0.83	0.64	0.59
Income Tax Expense	0.32	0.61	0.45	0.46	0.47	0.07	0.36		0.6	0.77	0.74	0.74	0.5	0.41	-0.81	-0.85	0.47	0.26	0.36	0.18	0.18	0.07	0.07
Depreciation And Amortization	0.69	0.53	0.87	0.87	0.88	0.33	0.85	0.6		0.84	0.87	0.87	0.88	-0.03	-0.66	-0.66	0.6	0.72	-0.23	0.75	0.75	0.48	0.67
Selling General Administrative	0.59	0.51	0.77	0.78	0.78	-0.03	0.73	0.77	0.84		0.98	0.98	0.78	0.1	-0.83	-0.84	0.6	0.37	-0.16	0.6	0.58	0.41	0.28
Total Revenue	0.63	0.5	0.8	0.82	0.81	-0.03	0.77	0.74	0.87	0.98		1.0	0.81	0.11	-0.75	-0.76	0.66	0.45	-0.17	0.69	0.68	0.45	0.35
Gross Profit	0.63	0.5	0.8	0.82	0.81	-0.03	0.77	0.74	0.87	0.98	1.0		0.81	0.11	-0.75	-0.76	0.66	0.45	-0.17	0.69	0.68	0.45	0.35
Income Before Tax	0.64	0.36	0.99	0.98	0.99	0.25	0.98	0.5	0.88	0.78	0.81	0.81		0.07	-0.62	-0.6	0.67	0.7	-0.36	0.81	0.78	0.59	0.57
Total Other Income Expense Net	0.2	0.44	0.01	0.01	0.01	-0.15	-0.01	0.41	-0.03	0.1	0.11	0.11	0.07		-0.15	-0.19	0.45	-0.02	0.32	-0.07	0.01	-0.42	-0.12
Selling And Marketing Expenses	-0.4	-0.61	-0.61	-0.62	-0.63	-0.09	-0.53	-0.81	-0.66	-0.83	-0.75	-0.75	-0.62	-0.15		0.99	-0.39	-0.22	0.12	-0.19	-0.18	-0.13	-0.08
Cost Of Revenue	-0.38	-0.64	-0.58	-0.6	-0.6	-0.07	-0.5	-0.85	-0.66	-0.84	-0.76	-0.76	-0.6	-0.19	0.99		-0.42	-0.2	0.07	-0.17	-0.17	-0.11	-0.06
Net Income From Continuing Ops	0.51	0.54	0.67	0.68	0.67	-0.15	0.65	0.47	0.6	0.6	0.66	0.66	0.67	0.45	-0.39	-0.42		0.27	-0.22	0.52	0.55	0.19	0.21
Non Recurring	0.63	0.18	0.69	0.67	0.68	0.53	0.69	0.26	0.72	0.37	0.45	0.45	0.7	-0.02	-0.22	-0.2	0.27		-0.13	0.71	0.73	0.33	0.8
Tax Provision	-0.18	0.01	-0.43	-0.45	-0.44	0.25	-0.46	0.36	-0.23	-0.16	-0.17	-0.17	-0.36	0.32	0.12	0.07	-0.22	-0.13		-0.3	-0.28	-0.29	-0.04
Net Interest Income	0.7	0.06	0.81	0.81	0.8	0.23	0.87	0.18	0.75	0.6	0.69	0.69	0.81	-0.07	-0.19	-0.17	0.52	0.71	-0.3		0.98	0.65	0.74
Interest Income	0.81	0.15	0.79	0.77	0.77	0.26	0.83	0.18	0.75	0.58	0.68	0.68	0.78	0.01	-0.18	-0.17	0.55	0.73	-0.28	0.98		0.49	0.79
Reconciled Depreciation	-0.01	-0.21	0.58	0.6	0.6	0.02	0.64	0.07	0.48	0.41	0.45	0.45	0.59	-0.42	-0.13	-0.11	0.19	0.33	-0.29	0.65	0.49		0.27
Extraordinary Items	0.73	0.14	0.56	0.51	0.53	0.75	0.59	0.07	0.67	0.28	0.35	0.35	0.57	-0.12	-0.08	-0.06	0.21	0.8	-0.04	0.74	0.79	0.27

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City Holding Account Relationship Matchups

City Holding income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	36.3M	23.6M	9.9M	9.7M	52.0M	26.2M
Other Operating Expenses	110.8M	120.1M	107.6M	5.6M	108.1M	78.3M
Operating Income	113.5M	111.3M	111.2M	137.0M	148.3M	155.7M
Ebit	113.5M	114.5M	118.5M	136.4M	143.1M	150.3M
Ebitda	119.2M	122.0M	125.8M	143.1M	153.8M	161.5M
Total Operating Expenses	(110.8M)	(120.1M)	(107.6M)	5.6M	282.4M	296.5M
Net Income	89.4M	89.6M	88.1M	102.1M	114.4M	120.1M
Income Tax Expense	24.1M	21.7M	23.1M	25.3M	28.7M	15.1M
Depreciation And Amortization	5.7M	7.4M	7.3M	6.7M	10.7M	7.5M
Selling General Administrative	62.8M	63.0M	63.4M	68.2M	76.1M	44.0M
Total Revenue	224.3M	231.4M	218.8M	246.1M	286.6M	149.5M
Gross Profit	224.3M	231.4M	218.8M	246.1M	286.6M	149.5M
Income Before Tax	113.5M	111.3M	111.2M	127.3M	143.1M	150.3M
Total Other Income Expense Net	113.5M	(22.3M)	(22.7M)	(22.9M)	(5.2M)	(5.4M)
Selling And Marketing Expenses	3.3M	2.8M	3.1M	3.4M	3.1M	3.4M
Net Income Applicable To Common Shares	89.4M	89.6M	87.2M	102.1M	117.4M	61.1M
Net Income From Continuing Ops	137.6M	133.0M	88.1M	102.1M	114.4M	105.3M
Tax Provision	24.1M	21.7M	23.1M	25.3M	28.7M	20.5M
Net Interest Income	161.4M	154.6M	155.6M	180.0M	219.2M	167.4M
Interest Income	197.7M	178.3M	165.5M	189.7M	271.3M	191.7M
Reconciled Depreciation	5.7M	10.7M	14.6M	15.8M	10.7M	11.1M

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

0.97	AX	Axos Financial	Pair Corr
0.97	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.97	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against City Stock

0.44	CFG-PE	Citizens Financial	Pair Corr
0.42	TFC-PO	Truist Financial	Pair Corr
0.41	TFC-PR	Truist Financial	Pair Corr
0.38	WF	Woori Financial Group	Pair Corr

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 Correlation Correlation 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:

How To Invest In City

Details

Is City Stock a good investment?

Details

What is City Holding's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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To learn how to invest in City Stock, please use our How to Invest in City Holding guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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City Historical Income Statement

About City Income Statement Analysis

City Holding Income Statement Chart

Other Operating Expenses

Net Income

City Holding income statement Correlations

City Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

City Holding income statement Accounts

Pair Trading with City Holding

Moving together with City Stock

Moving against City Stock

COMMON DESTINATIONS

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Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Gross Profit	+ 1.0	Total Revenue
Income Before Tax	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Ebitda

Cost Of Revenue	- 0.85	Income Tax Expense
Cost Of Revenue	- 0.84	Selling General Administrative
Selling And Marketing Expenses	- 0.83	Selling General Administrative
Selling And Marketing Expenses	- 0.81	Income Tax Expense
Cost Of Revenue	- 0.76	Gross Profit
Cost Of Revenue	- 0.76	Total Revenue