Thursday, City Holding Co. (CHCO) said its fourth-quarter net income surged to $11.07 million or $0.70 per share from $4.24 million or $0.26 per share in the prior year period. On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share for the quarter.
Net interest income for the quarter declined to $23.58 million from $26.08 million in the comparable period. Total non-interest income for the quarter grew to $12.92 million from $3.18 million in the previous year period. Three analysts estimated revenues of $38.30 million for the quarter.
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