City Holding Q2 net interest income rises as loan yields improve
CHCO•Outlook
- Company did not provide specific guidance for the current or future periods in its press release
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Net Interest Income | $60.76 mln | ||
| Q2 Provision for (Recovery of) credit losses | $436,000 |
Analyst coverage
- The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the banks peer group is "buy."
- Wall Street's median 12-month price target for City Holding Co is $132.00, about 2.2% below its July 21 closing price of $134.99
- The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago
Quarterly results and drivers
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U.S. regional bank's Q2 net income and EPS rose year-over-year
-
Company repurchased 59,156 shares in Q2 under buyback program
