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City Holding Co (City Holding Co) Return-on-Tangible-Equity : 22.85% (As of Dec. 2023)


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What is City Holding Co Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. City Holding Co's annualized net income for the quarter that ended in Dec. 2023 was $109.8 Mil. City Holding Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $480.6 Mil. Therefore, City Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 22.85%.

The historical rank and industry rank for City Holding Co's Return-on-Tangible-Equity or its related term are showing as below:

CHCO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.8   Med: 16.25   Max: 24.48
Current: 24.48

During the past 13 years, City Holding Co's highest Return-on-Tangible-Equity was 24.48%. The lowest was 13.80%. And the median was 16.25%.

CHCO's Return-on-Tangible-Equity is ranked better than
92.34% of 1449 companies
in the Banks industry
Industry Median: 10.91 vs CHCO: 24.48

City Holding Co Return-on-Tangible-Equity Historical Data

The historical data trend for City Holding Co's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

City Holding Co Return-on-Tangible-Equity Chart

City Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.59 16.00 15.37 19.89 23.42

City Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.52 27.29 25.96 22.85 22.82

Competitive Comparison of City Holding Co's Return-on-Tangible-Equity

For the Banks - Regional subindustry, City Holding Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


City Holding Co's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, City Holding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where City Holding Co's Return-on-Tangible-Equity falls into.



City Holding Co Return-on-Tangible-Equity Calculation

City Holding Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=114.365/( (462.117+514.498 )/ 2 )
=114.365/488.3075
=23.42 %

City Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=109.808/( (446.673+514.498)/ 2 )
=109.808/480.5855
=22.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


City Holding Co  (NAS:CHCO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


City Holding Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of City Holding Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


City Holding Co (City Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
25 Gatewater Road, P.O. Box 7520, Charleston, WV, USA, 25313
City Holding Co is a financial holding company. It provides banking, trust and investment management and other financial solutions through its network of banking offices located in the states of West Virginia, Virginia, southeastern Ohio and Kentucky. It offers various products and services such as overdraft facilities, saving accounts, credit card and debit cards, loans for various purposes, investment advisory, securities brokerage, insurance, technology products, and others. These products and services are provided to commercial banking, consumer banking, mortgage banking, wealth management and trust services.
Executives
David L Bumgarner officer: SVP & Chief Financial Officer 214 BENT TREE ESTATES, SCOTT DEPOT WV 25560
J. Thomas Jones director ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Hylton Tracy W Ii director PO BOX 1109, BECKLEY WV 25802-1109
Robert D Fisher director
Sharon Horton Rowe director 25 GATEWATER ROAD, CROSS LANES WV 25313
Quinlan Michael T Jr officer: SVP, Branch Banking 209 PARKVIEW DRIVE, ST ALBANS WV 25177
Gregory A Burton director 4504 WASHINGTON AVENUE SE, CHARLESTON WV 25304
Charles R Hageboeck director, officer: President & CEO
John A Derito officer: EVP, Commercial Banking 6 FOXCHASE ROAD, CHARLESTON WV 25304
Jeffrey Dale Legge officer: SVP, CAO & CIO 634 RIDGEWOOD ROAD, HUNTINGTON WV 25701
Javier A Reyes director 65 FALLING WATER LANE, MORGANTOWN WV 26508
Craig G Stilwell officer: EVP Retail Banking
Diane W Strong-treister director 503 PENNSYLVANIA AVENUE, CHARLESTON WV 25302
James L Rossi director
Charles W Fairchilds director C/O COMMUNITY FINANCIAL CORP, 38 NORTH CENTRAL AVENUE, STAUNTON VA 24401

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