City Holding Q2 Profit Rises

(RTTNews) - City Holding Co. (CHCO) Tuesday reported second-quarter net income of $13.0 million or $0.82 per share, up from $7.4 million or $0.50 per share last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.74 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income climbed 31 percent to $31.5 million from $24.0 million last year. Total non-interest income for the quarter rose to $14.3 million from $13.8 million a year ago. Analysts estimated revenues of $44.13 million for the quarter.