CHCO earnings analysis
What we found in CHCO's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
In Q1 2026, City Holding Company (NASDAQ: CHCO) reported a diluted EPS of $2.20, beating expectations by $0.05, while revenue was $79.25 million, slightly missing estimates by $1.46 million. The company's management highlights changes in loan balances and interest earnings as key drivers, despite challenges with credit losses. A share repurchase program was also approved, marking a strategic move to enhance shareholder value.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS Beats Expectations
- Diluted EPS for Q1 2026 was $2.20, surpassing estimates of $2.15 by $0.05.
- Revenue Trends
- Revenue for Q1 2026 was reported at $79.25 million, slightly below estimates of $79.37 million.
- Net Interest Income Gain
- Net interest income increased to $59.62 million in Q1 2026, up from $55.82 million in Q1 2025.
- Increase in Cash Reserves
- Cash and cash equivalents rose by $107.1 million, or 55.8%, from $191.9 million at year-end 2025.
- Management Announces Share Repurchase
- A share repurchase program up to 1 million shares was authorized in March 2026.
- Stable EPS Year-over-Year
- EPS maintained at $2.20 in Q1 2026, compared to $2.06 in Q1 2025.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Loan Portfolio Decrease
- Gross loans decreased by $11.3 million, or 0.3%, from December 31, 2025 to March 31, 2026.
- Provision for Credit Losses
- A provision for credit losses of $0.6 million was recorded in Q1 2026 compared to no provision in Q1 2025.
- Decline in Noninterest Income
- Noninterest income increased only slightly by $0.9 million, which could signal slowed growth.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $2.2
What they said about what is next.
No numeric forward guidance was provided, though management mentioned strategic focuses for upcoming quarters.
The filing reads about the same as the one before it.
What came before.
- 10-K · February 25, 2026
- City Holding Company (City National) is a single-segment community bank operating 96 branches with 934 FTEs across WV, KY, VA and southeastern OH. Loan portfolio growth and margin expansion in 2025 drove higher EPS…
- 10-Q · November 5, 2025
- City Holding (CHCO) reported Q3 2025 net income available to common shareholders of $35,188,000 (diluted EPS $2.41), up from $29,809,000 (EPS $2.02) in Q3 2024. Total revenue (net interest income plus non‑interest…
- 10-Q · August 6, 2025
- City Holding Company reported Q2 2025 diluted EPS of $2.29 and net income available to common shareholders of $33,387,000, up from $1.96 and $29,115,000 in Q2 2024. Total revenue (net interest income + non‑interest…
- 10-K · February 26, 2025
- City Holding Company presents a single-segment community banking franchise operating through City National with 97 branches and 941 full-time equivalent associates. The 10-K highlights a loan portfolio heavily weighted…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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