City Holding reported second-quarter net interest income of $60.76 million, up from $58.92 million a year earlier, while net income was $33.3 million, similar to $33.39 million in the prior-year period. Basic and diluted earnings per share from continuing operations rose to $2.35 from $2.29. For the first six months of 2026, net interest income reached $120.38 million compared with $114.74 million a year ago, and net income was $65.03 million versus $63.73 million. The company also disclosed that between April 1 and June 30, 2026, it repurchased 59,156 shares for $7.24 million, bringing total repurchases under the buyback announced on March 25, 2026 to 74,156 shares, or 0.52% of the company, for $58.73 million in total. The stock trades at a price-to-earnings ratio of 15 times, which is below the peer average of 24.3 times but above the US banks industry average of 11.9 times and an estimated fair P/E of 10.8 times.
City Holding CompanyNet interest income and EPS rose year-over-year, and the company continues its buyback program.