This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

10 Profitable Banks With Dividend Yields Up to 7.7% (Update 1)


10. City Holding Corp.

Shares of City Holding Co. (CHCO) of Cross Lanes, W.V., closed at $32.95 Friday, down 2% year-to-date, after a decline of 3% in 2011.

Based on a quarterly payout of 35 cents, the shares have a dividend yield of 4.25%.

The shares trade for 1.9 times tangible book value, according to HighlineFI, and 12.5 times the consensus 2012 earnings estimate of $2.64 cents a share, among analysts polled by Thomson Reuters. The consensus 2013 EPS estimate is $2.76.

The company had $2.3 billion in total assets as of Dec. 30. Its quarterly returns on average assets (ROA) ranged from 1.41% to 1.71% during 2011, according to HighlineFI, for the best earnings performance among this group of 10 bank and thrift holding companies.

Six out of seven analysts covering City Holding Co. have neutral rating on the shares. Sterne Agee analyst Kenneth James has an "Underperform" rating on City Holding Co., with a $28 price target, saying on Feb. 13 that he sees "potential for downward estimate revisions in 2012," from the "heightened potential for a new round of regulatory scrutiny on deposit service charges." Please see TheStreet's coverage of the Consumer Financial Protection Bureau for more about regulatory threats to bank's fee revenues.

James is behind the consensus, estimating that City Holding Co. will earn $2.46 a share in 2012, followed by EPS of $2.58 in 2013.

Interested in more on City Holding Co.? See TheStreet Ratings' report card for this stock.

2 of 11

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs