Philip McLaughlin - City Holding Independent Chairman of the Board

CHCO Stock  USD 103.85  0.31  0.30%   

Chairman

Mr. Philip L. McLaughlin is no longer NonExecutive Chairman of the Board of City Holding Co. effective December 31 2015. Mr. McLaughlin received a Bachelor degree from the College of William and Mary University Williamsburg Virginia. He also completed the Stonier Graduate School of Banking program at Rutgers University
Age 73
Phone304 769 1100
Webhttps://www.bankatcity.com
McLaughlin joined City Holding Company in December 1998 through the merger of Horizon Bancorp, Inc. into City Holding Company. He served as Chairman of the Board of City Holding Company from 1998 to 2002 and from 2007 until present; president and chief operating officer and director of Horizon Bancorp, Inc. from 1993 to 1998; and president and chief executive officer and director of Greenbrier Valley National Bank from 1971 to 1993. Complementing his years of banking experience, Mr. McLaughlin served on the Board of Directors of the Federal Reserve Bank of Richmond for three years. During his term he served on the bank audit committee with one year as chairman. He also served as president of the West Virginia Bankers Association. He was involved with numerous charitable organizations and currently serves on three foundation boards.

City Holding Management Efficiency

The company has return on total asset (ROA) of 0.019 % which means that it generated a profit of $0.019 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1823 %, meaning that it created $0.1823 on every $100 dollars invested by stockholders. City Holding's management efficiency ratios could be used to measure how well City Holding manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 434.86 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Debt can assist City Holding until it has trouble settling it off, either with new capital or with free cash flow. So, City Holding's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like City Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for City to invest in growth at high rates of return. When we think about City Holding's use of debt, we should always consider it together with cash and equity.

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City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States. City Holding Company was founded in 1957 and is headquartered in Charleston, West Virginia. City Holding operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 903 people. City Holding (CHCO) is traded on NASDAQ Exchange in USA. It is located in 25 Gatewater Road, Charleston, WV, United States, 25313 and employs 957 people. City Holding is listed under Banking category by Fama And French industry classification.

Management Performance

City Holding Leadership Team

Elected by the shareholders, the City Holding's board of directors comprises two types of representatives: City Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of City. The board's role is to monitor City Holding's management team and ensure that shareholders' interests are well served. City Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, City Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
John DeRito, Executive VP of Commercial Banking and Executive VP of Commercial Banking for City National Bank
Jeffrey Legge, Chief Admin. Officer, CIO, Sr. VP, Chief Admin. Officer of City National Bank, CIO of City National Bank and Sr. VP of City National Bank
Craig Stilwell, Executive VP of Retail Banking and Executive VP of Retail Banking - City National Bank
Tracy Hylton, Independent Director
Sharon Rowe, Independent Director
Charles Hageboeck, CEO and President Director, Member of Executive Committee, CEO of City National Bank and President of City National Bank
Charles Fairchilds, Independent Director
Thomas Burnette, Director
Patrick Graney, Director
David Bumgarner, CFO, Chief Accounting Officer, Sr. VP, CFO of City National Bank and Sr. VP of City National Bank
Jay Goldman, Independent Director
David Hambrick, Independent Director
John Elliot, Independent Director
Dallas Kayser, Independent Director
Diane StrongTreister, Director
Thomas Jones, Independent Director
James Rossi, Independent Director
Michael Quinlan, Executive Banking
William File, Independent Director
Victoria EvansFaw, Senior Secretary
Robert Fisher, Independent Director
Philip McLaughlin, Independent Chairman of the Board

City Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is City Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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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 tightly coupled 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.
Note that the City Holding information on this page should be used as a complementary analysis to other City Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Is City Holding's industry 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.
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.