City Holding

CHCO · NASDAQ

$142.10+$1.31 (+0.93%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $140.79

CHCO analyst rating

HoldConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold2
Underperform0
Sell0

12-month price target · 7 analysts

Average $143.00 (+0.6% upside)

Low: $129.28
Now: $142.10
High: $154.35

Upgrades and downgrades

The latest rating actions, newest first

CHCO analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Oct 1, 2026	Maintains	Market Perform	$135.00 → $145.00	75%
Piper Sandler	Jan 23, 2026	Maintains	Neutral	$125.00 → $130.00	46%
Piper Sandler	Dec 3, 2025	Initiates	Neutral	$125.00	46%

The case for and against

Updated Jan 12, 2026

Bull case

City Holding Company (CHCO) displays a strong financial outlook, driven by a significant 24% increase in 2025 earnings per share (EPS) estimates over the past year, underscoring resilience in net interest margin (NIM), credit, and fee income. The company's strong asset expansion, with average earning assets (AEA) growth of 6% compared to an estimated 2%, coupled with a $0.13 beat in net interest income (NII), further enhances its financial strength. Additionally, CHCO's low and stable cost of deposits positions it advantageously in a volatile interest rate environment, complemented by a notable increase in fee income from service charges and bankcard fees, which contribute 20% to its overall revenue.

Bear case

City Holding Co faces significant headwinds due to the ongoing risks associated with regulatory and political pressures, particularly concerning the potential loss of revenue stemming from the current $10 billion threshold. While there have been slight improvements in non-performing assets (NPAs) and the allowance for credit losses (ACL), these metrics remain low and may not sufficiently mitigate the broader risks impacting investor sentiment. Additionally, a 5% fluctuation in tangible book value (TBV) could directly affect the company’s market valuation, further highlighting the volatility and uncertainty surrounding City Holding's financial health.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.