City (CHCO) Set to Release Quarterly Earnings on Wednesday

City (NASDAQ:CHCO – Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $2.36 per share and revenue of $83.07 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:30 PM ET.

City (NASDAQ:CHCO – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The bank reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.12. The company had revenue of $81.52 million for the quarter, compared to analysts’ expectations of $80.64 million. City had a net margin of 32.58% and a return on equity of 16.34%. On average, analysts expect City to post $9.32 EPS for the current fiscal year and $9.73 EPS for the next fiscal year.

City Stock Up 0.9%

City stock opened at $142.10 on Wednesday. The business has a fifty day moving average of $142.84 and a two-hundred day moving average of $134.58. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.19. The firm has a market cap of $2.00 billion, a P/E ratio of 15.55 and a beta of 0.49. City has a twelve month low of $113.21 and a twelve month high of $148.99.

City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, October 15th. This is an increase from City’s previous quarterly dividend of $0.87. This represents a $4.00 dividend on an annualized basis and a yield of 2.8%. City’s dividend payout ratio is 43.76%.

Insider Transactions at City

In other news, CEO Charles R. Hageboeck sold 4,485 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $144.96, for a total value of $650,145.60. Following the sale, the chief executive officer directly owned 43,998 shares of the company’s stock, valued at $6,377,950.08. This represents a 9.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sharon H. Rowe sold 400 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $143.96, for a total transaction of $57,584.00. Following the completion of the sale, the director directly owned 10,576 shares in the company, valued at approximately $1,522,520.96. The trade was a 3.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CHCO shares. Keefe, Bruyette & Woods lifted their target price on City from $135.00 to $145.00 and gave the company a “market perform” rating in a research note on Thursday, October 1st. Hovde Group boosted their price objective on shares of City from $135.00 to $143.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Finally, Weiss Ratings raised shares of City from a “buy (a-)” rating to a “buy (a)” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, City presently has an average rating of “Moderate Buy” and a consensus price target of $139.33.

Read Our Latest Report on City

About City

(Get Free Report)

City Holding Company (NASDAQ: CHCO) is a bank holding company headquartered in Charleston, West Virginia. Through its principal subsidiary, City National Bank, the company provides banking and financial services to individuals, businesses and institutions.

City National Bank offers deposit accounts, consumer and commercial loans, residential mortgages, credit cards, cash-management services, investment products and trust services. Its activities also include wealth management and related financial services designed for retail, business and institutional customers.

The company serves communities primarily in West Virginia, Virginia, eastern Kentucky and southeastern Ohio through a network of branches and other delivery channels.

See Also

Earnings History for City (NASDAQ:CHCO)

Receive News & Ratings for City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City and related companies with MarketBeat.com's FREE daily email newsletter.