CITY HOLDING CO Earnings Per Share Disclosure
| For the Year Ended December 31, | |||||||||||
| 2025 | 2024 | 2023 | |||||||||
| Net income available to common shareholders | $ | 130,485 | $ | 117,101 | $ | 114,365 | |||||
| Less: earnings allocated to participating securities | (1,157) | (1,069) | (1,036) | ||||||||
| Net earnings allocated to common shareholders | $ | 129,328 | $ | 116,032 | $ | 113,329 | |||||
| Distributed earnings allocated to common shares outstanding | $ | 47,211 | $ | 43,857 | $ | 40,121 | |||||
Undistributed earnings allocated to common shares outstanding | 82,117 | 72,175 | 73,208 | ||||||||
Net earnings allocated to common shareholders | $ | 129,328 | $ | 116,032 | $ | 113,329 | |||||
| Average shares outstanding, basic | 14,474 | 14,676 | 14,868 | ||||||||
Effect of dilutive securities | 8 | 21 | 23 | ||||||||
Average shares outstanding, diluted | 14,482 | 14,697 | 14,891 | ||||||||
Basic earnings per share | $ | 8.94 | $ | 7.91 | $ | 7.62 | |||||
Diluted earnings per share | $ | 8.93 | $ | 7.89 | $ | 7.61 | |||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 22, 2023 | |
| 2021 | Feb 24, 2022 | |
| 2020 | Feb 24, 2021 | |
| 2019 | Feb 27, 2020 | |
| 2018 | Mar 11, 2019 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Feb 27, 2017 | |
| 2015 | Mar 2, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.