City Holding Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 25, 2021 at 12:30 pm
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City Holding Company announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 38.181 million compared to USD 39.847 million a year ago. Net income was USD 22.222 million compared to USD 22.611 million a year ago. Basic earnings per share from continuing operations was USD 1.4 compared to USD 1.38 a year ago. For the full year, net interest income was USD 154.644 million compared to USD 161.361 million a year ago. Net income was USD 89.595 million compared to USD 89.352 million a year ago. Basic earnings per share from continuing operations was USD 5.55 compared to USD 5.43 a year ago. Diluted earnings per share from continuing operations was USD 5.55 compared to USD 5.42 a year ago.
City Holding Company is a financial holding company. The Company operates through its wholly owned subsidiary, City National Bank of West Virginia (City National). City National is a retail and consumer-oriented community bank with approximately 98 bank branches. City National provides credit, deposit, and trust and investment management services to its customers. City National include commercial banking, which offers a range of commercial banking services to corporations and other business customers; consumer banking that provides banking services to consumers, including checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts; and various other products. City National also provides mortgage banking services, trust, investment and custodial services, administration of personal trusts and estates, management of investment accounts for individuals, employee benefit plans and charitable foundations.
CITY HOLDING COMPANY 
