City Holding Posts Q3 Earnings of $34.2 Million, Beats Analyst Estimates

City Holding Co. (CHCO) on Monday reported third-quarter earnings of $34.2 million, or $2.43 per share, surpassing Wall Street expectations. The Charleston, West Virginia-based bank holding company for City National Bank of West Virginia topped the average estimate of $2.38 per share from three analysts surveyed by Zacks Investment Research. Revenue for the period was $103.3 million, while revenue net of interest expense came in at $84 million, also beating Street forecasts of $83.2 million.