City Holding Financials

CHCO Stock  USD 104.45  0.43  0.41%   
Based on the key indicators obtained from City Holding's historical financial statements, City Holding is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, City Holding's Non Currrent Assets Other are very stable compared to the past year. As of the 28th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 6.5 B, while Common Stock Shares Outstanding is likely to drop about 13.5 M. Key indicators impacting City Holding's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.335
Way Down
Slightly volatile
Return On Assets0.00940.0185
Way Down
Slightly volatile
Return On Equity0.0880.1689
Way Down
Slightly volatile
Debt Equity Ratio0.730.6423
Fairly Up
Slightly volatile
Current Ratio0.04490.0473
Notably Down
Slightly volatile
The financial analysis of City Holding is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for City Holding includes many different criteria found on its balance sheet. For example, investors should never minimize City Holding's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor City Holding's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in City Holding.

Net Income

120.08 Million

With this module, you can analyze City financials for your investing period. You should be able to track the changes in City Holding individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past City Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of City Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in City Holding's assets may result in an increase in income on the income statement.
Evaluating City Holding's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of City Holding's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the City Holding's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
City Holding has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for City Holding stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, City Holding's odds of distress score SHOULD NOT be confused with the real chance of City Holding filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as City is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include City Holding's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in City Holding's official financial statements usually reflect City Holding's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of City Holding. For example, before you start analyzing numbers published by City accountants, it's critical to develop an understanding of what City Holding's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of City Holding's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, City Holding's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in City Holding's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of City Holding. Please utilize our Beneish M Score to check the likelihood of City Holding's management manipulating its earnings.

City Holding Company Summary

City Holding competes with Merchants Bancorp, Macatawa Bank, Axos Financial, Regions Financial, and Regions Financial. 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.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000726854
ISINUS1778351056
CUSIP177835105
RegionNorth America
LocationWest Virginia; U.S.A
Business Address25 Gatewater Road,
SectorBanks
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.bankatcity.com
Phone304 769 1100
CurrencyUSD - US Dollar
You should never invest in City Holding without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of City Stock, because this is throwing your money away. Analyzing the key information contained in City Holding's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

City Holding Key Financial Ratios

Generally speaking, City Holding's financial ratios allow both analysts and investors to convert raw data from City Holding's financial statements into concise, actionable information that can be used to evaluate the performance of City Holding over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that City Holding reports annually and quarterly.

City Holding Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.8B6.0B5.9B6.2B6.5B
Net Debt(136.1M)(232.7M)(322.2M)91.0M278.6M292.5M
Retained Earnings539.3M590.0M641.8M706.7M780.3M819.3M
Cash140.1M528.7M634.6M200M156.3M120.3M
Other Assets3.0B2.6B2.3B2.4B2.8B1.7B
Net Receivables11.6M15.8M15.6M18.3M20.3M11.3M
Total Liab4.1M3.2M5.3B5.3B5.5B5.8B
Total Current Assets961.8M1.7B2.1B1.7B177.3M168.4M
Short Term Debt211.3M296.0M312.5M291.0M334.9M180.2M
Other Current Liab1.7B2.2B2.5B3.1B3.4B2.7B
Other Liab50.2M109.4M84.8M74.4M85.5M46.8M
Accounts Payable4.1B4.7B4.9B4.9B5.6B3.0B
Inventory(156.4M)(546.2M)(651.6M)(219.2M)102.7M107.9M
Treasury Stock(105.0M)(139.0M)(193.5M)(216.0M)(194.4M)(184.6M)
Intangible Assets120.2M118.6M117.1M115.7M162.6M81.6M
Other Current Assets156.4M546.2M651.6M219.2M177.3M168.4M
Net Tangible Assets537.7M582.5M564.0M462.1M531.4M449.5M
Capital Surpluse170.3M171.3M170.9M171.0M196.6M149.9M

City Holding Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what City Holding's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense36.3M23.6M9.9M9.7M14.7M25.4M
Operating Income113.5M111.3M111.2M137.0M(1.0M)(984.2K)
Ebit113.5M111.3M111.2M137.0M(8.0M)(7.6M)
Ebitda119.2M122.0M125.8M152.8M(1.0M)(984.2K)
Net Income89.4M89.6M88.1M102.1M114.4M120.1M
Income Tax Expense24.1M21.7M23.1M25.3M28.7M15.1M
Total Revenue224.3M231.4M218.8M246.1M341.4M358.5M
Gross Profit224.3M231.4M218.8M246.1M341.4M358.5M
Income Before Tax113.5M111.3M111.2M127.3M143.1M150.3M
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

City Holding Key Cash Accounts

Cash flow analysis captures how much money flows into and out of City Holding. It measures of how well City is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money City Holding brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money City had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what City Holding has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash17.2M388.5M106.0M(434.6M)(43.7M)(41.5M)
Free Cash Flow93.9M84.3M99.0M113.7M134.5M141.2M
Depreciation5.7M10.7M14.6M15.8M7.0M7.6M
Other Non Cash Items(3.9M)(10.3M)(8.9M)(3.5M)6.5M6.8M
Dividends Paid35.5M36.7M36.1M36.7M(40.0M)(38.0M)
Capital Expenditures4.7M5.5M3.3M2.1M3.0M2.8M
Net Income89.4M89.6M88.1M102.1M113.3M119.0M
End Period Cash Flow140.1M528.7M634.6M200M156.3M147.5M
Investments(79.2M)(295.7M)(187.5M)(411.2M)14.7M15.4M
Change Receivables855K(4.2M)166K(2.7M)(2.4M)(2.3M)
Net Borrowings(50.7M)80.6M16.5M(21.5M)(19.3M)(18.4M)
Change To Netincome4.5M(5.2M)(2.8M)(84K)(75.6K)(71.8K)

City Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining City Holding's current stock value. Our valuation model uses many indicators to compare City Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across City Holding competition to find correlations between indicators driving City Holding's intrinsic value. More Info.
City Holding is number one stock in return on equity category among related companies. It is number one stock in price to sales category among related companies fabricating about  28.61  of Price To Sales per Return On Equity. At this time, City Holding's Return On Equity is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value City Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for City Holding's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the City Holding's earnings, one of the primary drivers of an investment's value.

City Holding Systematic Risk

City Holding's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. City Holding volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on City Holding correlated with the market. If Beta is less than 0 City Holding generally moves in the opposite direction as compared to the market. If City Holding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one City Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of City Holding is generally in the same direction as the market. If Beta > 1 City Holding moves generally in the same direction as, but more than the movement of the benchmark.

About City Holding Financials

What exactly are City Holding Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include City Holding's income statement, its balance sheet, and the statement of cash flows. Potential City Holding investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although City Holding investors may use each financial statement separately, they are all related. The changes in City Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on City Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze City Holding Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as City Holding is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of City has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if City Holding's financials are consistent with your investment objective using the following steps:
  • Review City Holding's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand City Holding's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare City Holding's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if City Holding's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in City Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various City Holding's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of City Holding growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.28

At this time, City Holding's Price Earnings To Growth Ratio is very stable compared to the past year.

City Holding March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of City Holding help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of City Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of City Holding based on widely used predictive technical indicators. In general, we focus on analyzing City Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build City Holding's daily price indicators and compare them against related drivers.
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running City Holding's price analysis, check to measure City Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy City Holding is operating at the current time. Most of City Holding's value examination focuses on studying past and present price action to predict the probability of City Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Holding's price. Additionally, you may evaluate how the addition of City Holding to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth
(0.10)
Dividend Share
2.73
Earnings Share
7.61
Revenue Per Share
19.278
Quarterly Revenue Growth
(0.01)
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.