City Holding (CHCO) risk factors, FY2024 10-K

City Holding's FY2024 10-K, filed Feb 26, 2025, lists 33 risk factors in 5 groups. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
335 groups
Section length
8k wordsItem 1A

City Holding's biggest risks in the FY2024 10-K

  • Regional banking operations dominate, with geographical concentration in West Virginia, Kentucky, Virginia, and southeastern Ohio.
  • Heavy exposure to real estate collateral valuations, interest rate fluctuations, and borrower defaults.
  • Substantial reliance on third-party vendors for IT, telecommunications, and banking systems.

The risks most specific to City Holding

  • Economic Conditions in the Company's Market Areas Could Negatively Impact the Company's Business and Financial Condition

    The Company's business is concentrated in West Virginia, Kentucky, Virginia, and southeastern Ohio, making it vulnerable to local and regional economic conditions.

  • The Value of Real Estate Collateral May Fluctuate Significantly Resulting in an Under-Collateralized Loan Portfolio

    Market values for real estate collateral, particularly investment properties, can fluctuate rapidly and cause portions of the loan portfolio to become under-collateralized.

  • Default on the Repayment of Loans May Impact Operating Expenses and Earnings

    Customer loan defaults can reduce earnings through lost principal and interest, while increasing operating expenses due to collection and work-out efforts.

  • Remediation Costs for Real Property Could Impact the Financial Outcomes of the Company

    Foreclosing on defaulted real property collateral can expose the Company to environmental remediation costs and financial liabilities.

  • Strategic Risks

    The Company Faces Technological Change and the Emergence of Nonbank Alternatives to the Financial System

    The emergence of fintech companies and nonbank alternatives allows consumers to complete financial transactions outside of traditional banking systems.

  • Operational Risks

    The Company May be Adversely Affected by the Soundness of Third Parties, Including Other Financial Institutions

    The Company is highly dependent on third-party vendors for information technology, telecommunications, payment processing, and mobile and online banking systems.

  • Risks Related to Privacy and Technology

    System Failure, Cybersecurity Breaches, Fraud and Employee Misconduct Could Subject the Company to Increased Operating Costs, as Well as Litigation and Other Potential Losses

    Computer systems and network infrastructure are vulnerable to cybersecurity breaches, hacking, identity theft, and physical catastrophes like power loss.

All 33 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Economic Conditions in the Company's Market Areas Could Negatively Impact the Company's Business and Financial Condition
  2. 02The Value of Real Estate Collateral May Fluctuate Significantly Resulting in an Under-Collateralized Loan Portfolio
  3. 03The Company Is Subject to Lending Risk, and the Impacts of Interest Rate Changes Could Adversely Impact the Company
  4. 04Default on the Repayment of Loans May Impact Operating Expenses and Earnings
  5. 05Remediation Costs for Real Property Could Impact the Financial Outcomes of the Company
  6. 06Changes to Interest Rates Could Impact the Financial Outcomes of the Company
  7. 07The Company’s Allowance for Credit Losses May Not be Sufficient

Risks Related to an Investment in the Company's Securities

  1. 08The Value of the Company’s Common Stock Fluctuates
  2. 09The Trading Volume in the Company’s Common Stock Is Less Than That of Other Larger Financial Services Companies
  3. 10Future Sales or the Issuance of Shares of the Company’s Common Stock Could Negatively Affect its Market Price

Strategic Risks

  1. 11Due to Increased Competition, the Company May Not be Able to Attract and Retain Banking Customers
  2. 12New Lines of Business or New Products and Services May Subject the Company to Additional Risks
  3. 13The Company Faces Technological Change and the Emergence of Nonbank Alternatives to the Financial System
  4. 14The Value of the Company's Investments Could Decline
  5. 15The Company May Be Required to Write Down Goodwill and Other Intangible Assets, Causing Its Financial Condition and Results to Be Negatively Affected
  6. 16The Company May Require Additional Capital in the Future, But That Capital May Not Be Available or May Be Dilutive
  7. 17Acquisition and Other Growth Opportunities May Present Challenges

Operational Risks

  1. 18The Company May be Adversely Affected by the Soundness of Third Parties, Including Other Financial Institutions
  2. 19The Company Depends on the Accuracy and Completeness of Information About Our Customers and Counterparties
  3. 20The Company's Risk Management Practices May Prove to be Inadequate or Not Fully Effective
  4. 21The Company May Not Be Able to Attract and Retain Skilled Key Employees

Risks Related to Legal, Reputational and Compliance Matters

  1. 22Certain Banking Laws May Have an Anti–Takeover Effect
  2. 23The Company’s Ability to Pay Dividends Is Limited
  3. 24The Company and City National Are Extensively Regulated
  4. 25The Company’s Controls and Procedures May Fail or Be Circumvented
  5. 26Significant Legal Actions Could Result in Substantial Liabilities
  6. 27The Company Faces Reputational Risk
  7. 28The Company Is Subject to Possible Claims and Litigation Relating to Fiduciary Activities
  8. 29Changes in Tax Law and Accounting Standards Could Materially Affect the Company's Operations

Risks Related to Privacy and Technology

  1. 30System Failure, Cybersecurity Breaches, Fraud and Employee Misconduct Could Subject the Company to Increased Operating Costs, as Well as Litigation and Other Potential Losses
  2. 31The Company Relies Heavily on Its Management Team, and the Unexpected Loss of Key Management May Adversely Affect Its Operations
  3. 32Severe Weather, Natural Disasters, Acts of War or Terrorism, Political Instability, and Other External Events Could Significantly Impact the Company's Business
  4. 33Climate Change Could Materially Impact the Company’s Underlying Customers or the General Economic Conditions, Resulting in Impacts on the Company

Other City Holding 10-Ks

  • FY2025 10-K risk factors
    34 risks1 new3 reworded

    The company added explicit warnings about FDIC non-insurance for its stock.

    Filed Feb 25, 2026

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.