City Holding Company (CHCO) Q4 2025 earnings summary

Executive summary

• Achieved record net income of $130.5 million and diluted EPS of $8.93 for 2025, with ROA of 1.97% and return on tangible equity of 21.2%.

• Focused on customer service, community engagement, and employee morale, supporting strong financial performance.

Financial highlights

• Net interest income rose 7.3% year-over-year to $236.4 million, driven by higher loan balances and lower cost of interest-bearing liabilities.

• Non-interest income increased to $77.8 million, up from $73.3 million, with gains in wealth management and service charges.

• Non-interest expenses grew 4.7% to $154.1 million, mainly due to higher salaries, benefits, and equipment costs.

• Net interest margin improved to 3.94% for 2025, up from 3.86% in 2024.

• Book value per share rose to $56.41, and tangible book value per share to $45.41 at year-end.

Outlook and guidance

• Management anticipates that recent declines in investment income will be offset by loan growth in early 2026.

• Forward-looking statements highlight risks from economic conditions, credit quality, interest rates, and regulatory changes.