City Historical Income Statement
CHCO Stock | USD 131.32 0.80 0.61% |
Historical analysis of City Holding income statement accounts such as Other Operating Expenses of 65.1 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.
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.
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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
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Operating Income
Operating Income is the amount of profit realized from City Holding operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of City Holding is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 30th 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) | EBIT | 118.5M | 136.4M | 143.1M | 150.3M | Operating Income | 111.2M | 137.0M | 148.3M | 155.7M |
City Holding income statement Correlations
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City Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 65.1M | |
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 | 108.1M | 113.5M | |
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
Moving against City Stock
0.6 | CFG-PE | Citizens Financial | PairCorr |
0.53 | TFC-PO | Truist Financial | PairCorr |
0.52 | TFC-PR | Truist Financial | PairCorr |
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.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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.