City Historical Income Statement
CHCO Stock | USD 103.85 0.31 0.30% |
Historical analysis of City Holding income statement accounts such as Other Operating Expenses of 202.8 M, Total Operating Expenses of 44 M or Net Income of 120.1 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
City Holding Income Statement is one of the three primary financial statements used for reporting City's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of City Holding revenue and expense. City Holding Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, City Holding's Gross Profit is very stable compared to the past year. As of the 24th of April 2024, Income Before Tax is likely to grow to about 150.3 M, though Operating Income is likely to grow to (984.2 K). Add Fundamental
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.Total Revenue
Total revenue comprises all receipts City Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 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.At this time, City Holding's Gross Profit is very stable compared to the past year. As of the 24th of April 2024, Income Before Tax is likely to grow to about 150.3 M, though Operating Income is likely to grow to (984.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 218.8M | 246.1M | 341.4M | 358.5M | Total Revenue | 218.8M | 246.1M | 341.4M | 358.5M |
City Holding income statement Correlations
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City Holding Account Relationship Matchups
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City Holding income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 36.3M | 23.6M | 9.9M | 9.7M | 14.7M | 25.4M | |
Other Operating Expenses | 110.8M | 120.1M | 107.6M | 5.6M | 193.2M | 202.8M | |
Operating Income | 113.5M | 111.3M | 111.2M | 137.0M | (1.0M) | (984.2K) | |
Ebit | 113.5M | 111.3M | 111.2M | 137.0M | (8.0M) | (7.6M) | |
Ebitda | 119.2M | 122.0M | 125.8M | 152.8M | (1.0M) | (984.2K) | |
Total Operating Expenses | (110.8M) | (120.1M) | (107.6M) | 5.6M | 41.9M | 44.0M | |
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 | 10.7M | 14.6M | 15.8M | 7.0M | 8.0M | |
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 | 341.4M | 358.5M | |
Gross Profit | 224.3M | 231.4M | 218.8M | 246.1M | 341.4M | 358.5M | |
Income Before Tax | 113.5M | 111.3M | 111.2M | 127.3M | 143.1M | 150.3M | |
Total Other Income Expense Net | 113.5M | 111.3M | 111.2M | (9.7M) | 143.1M | 150.3M | |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards City Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, City Holding's short interest history, or implied volatility extrapolated from City Holding options trading.
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.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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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.