Investing.com - City Holding reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
City Holding announced earnings per share of $1.83 on revenue of $69.05. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $63.52M.
City Holding shares are up 23% from the beginning of the year, still down 0.18% from its 52 week high of $100.85 set on October 21.
City Holding follows other major Financial sector earnings this month
City Holding's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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