City Holding reported fourth-quarter earnings of $2.18 per share, falling short of the consensus estimate of $2.29. This represents a 12.7% year-over-year increase from $1.94 per share a year ago, but still missed analysts’ forecasts. Revenue for the quarter came in at approximately $80.2 million, slightly below the anticipated $81.4 million. Net interest income for Q4 declined 0.9% sequentially to $60.6 million, driven by an 11-basis-point drop in loan yields and a 22-basis-point decline in investment yields, partially offset by growth in average loan balances of $57.3 million.

For the full year ended December 31, 2025, City Holding achieved record net income of $130.5 million and diluted earnings of $8.93 per share, up 18.3% and 17.9%, respectively, from the prior year. The bank generated a return on assets of 1.97% and a return on tangible equity of 21.2%, ranking among the highest in its peer group. Net interest income for the year rose 7.3% to $237.2 million, fueled by a $220.9 million increase in average loan balances and a 17-basis-point uplift in investment yields. Non-interest income also climbed 6.2% to $77.8 million, led by a 9.7% gain in wealth and investment management fees.

City Holding’s loan portfolio grew 5.4% year-over-year to $4.51 billion, with commercial real estate loans up 5.6%, residential mortgages up 4.7%, and home equity loans up 12.8%. Deposits rose 3.0% to $5.23 billion, driven by a $137.3 million increase in time deposits and a $30.4 million uptick in noninterest-bearing demand balances. Asset quality remained robust, with nonperforming assets declining to 0.32% of loans and OREO from 0.35% a year earlier, and past-due loans falling to 0.19% of total loans. The bank recorded a modest $1.1 million provision for credit losses in Q4 after recognizing a $1.4 million year-end credit loss recovery.