City Holding Company Announces Record Annual Earnings

CHARLESTON, W.Va.--( BUSINESS WIRE)--City Holding Company (“Company” or “City”) (NASDAQ:CHCO), a $6.7 billion bank holding company headquartered in Charleston, West Virginia, today announced record net income of $130.5 million and record diluted earnings of $8.93 per share for the year ended December 31, 2025. For the year ended December 31, 2025, the Company achieved a return on assets of 1.97% and a return on tangible equity of 21.2%.

“City’s financial performance in 2025 speaks for itself, but undergirding that financial performance, and less well known outside of City’s branch footprint, is a long track record of documented levels of exceptional customer service; community engagement; and strong employee morale,” said City’s President and CEO Charles Hageboeck. “Fifty years ago, there were over 14,000 banks. Today there are less than 4,000. Historically, community banks focused on customers, communities, and employees. Today, there are more large banks, and their primary focus seems to be getting bigger rather than getting better. Our view at City is that focusing on growth for the sake of growth is a recipe for bureaucracy and mediocrity. City’s profitability is among the best in the nation, and our stock price relative to book value is one of the highest in the nation. I believe that this is specifically because our focus is on growing our customer base, engaging within our communities, and striving to be a good employer. That is what I think any good community bank should be doing and is our current focus and strategy.”

Net Interest Income

The Company’s net interest income increased from $220.2 million for the year ended December 31, 2024 to $236.4 million for the year ended December 31, 2025. The Company’s tax equivalent net interest income increased $16.1 million, or 7.3%, from $221.1 million for the year ended December 31, 2024 to $237.2 million for the year ended December 31, 2025. Due to an increase in average loan balances ($220.9 million) net interest income increased by $12.8 million. Additionally, net interest income increased by $7.5 million due to a decrease in the cost of interest bearing liabilities of 12 basis points, by $3.5 million due to an increase in the average balance of investments ($75.7 million), and by $2.1 million due to an increase in the yield on investment securities of 17 basis points.

These increases were partially offset by an increase in the average balances of interest bearing liabilities ($184.3 million) which decreased net interest income by $6.1 million. Decreases in the yield on deposits in depository institutions (87 basis points) and loans (1 basis point) also decreased net interest income by $1.1 million and $0.8 million, respectively. The Company’s reported net interest margin increased from 3.86% for the year ended December 31, 2024 to 3.94% for the year ended December 31, 2025.

For the quarter, the Company’s net interest income decreased approximately $0.6 million, or 0.9%, from $61.1 million during the third quarter of 2025 to $60.6 million during the fourth quarter of 2025. The Company’s tax equivalent net interest income decreased $0.5 million, or 0.8%, from $61.3 million for the third quarter of 2025 to $60.8 million for the fourth quarter of 2025. This decrease was primarily due to a decrease in the yield on loans (11 basis points) which decreased net interest income by $1.1 million. In addition, net interest income decreased $0.7 million due to a decrease in the yield on investments (22 basis points) and by $0.5 million due to an increase in the average balances of interest bearing liabilities ($65.9 million). The decline in net interest income due to the decrease in the yield on investments was primarily attributable to the maturities of $150 million of swap agreements in October 2025 ($50 million) and November 2025 ($100 million). We anticipate that this decline in investment income will be essentially offset in the first quarter of 2026 by loan growth that the Company experienced late in the quarter ended December 31, 2025.

These quarterly decreases were partially offset by an increase in average loans outstanding ($57.3 million), an increase in the average balances of deposits in depository institutions ($63.3 million), and a decrease in the cost of interest bearing liabilities (4 basis points), which increased net interest income by $0.8 million, $0.7 million, and $0.6 million, respectively. The Company’s reported net interest margin decreased from 4.04% for the third quarter of 2025 to 3.94% for the fourth quarter of 2025.

Credit Quality

The Company’s ratio of nonperforming assets to total loans and other real estate owned decreased from 0.35%, or $15.0 million, at December 31, 2024 to 0.32%, or $14.4 million at December 31, 2025. Total past due loans decreased from $8.8 million, or 0.21% of total loans outstanding, at December 31, 2024 to $8.5 million, or 0.19% of total loans outstanding, at December 31, 2025.

As a result of the Company’s quarterly analysis of the adequacy of the Allowance for Credit Losses (“ACL”), the Company recorded a provision for credit losses of $1.1 million for the fourth quarter of 2025 and a recovery of credit losses of $1.4 million for the year ended December 31, 2025, compared to a $0.3 million provision for credit losses for the fourth quarter and a provision for credit losses of $1.8 million for the year ended December 31, 2024. The recovery of credit losses recognized during 2025 related primarily to the upgrade of a specific credit that was downgraded in the third quarter of 2023 but has since seen improved financial performance. This upgrade released $1.4 million of ACL reserves.

Non-interest Income

Non-interest income was $77.8 million for the year ended December 31, 2025, as compared to $73.3 million for the year ended December 31, 2024. In 2025, the Company reported $0.2 million of realized security gains and $0.6 million of unrealized security losses on the Company’s equity securities as compared to $2.8 million realized security losses and $0.2 million of unrealized security gains on the Company’s equity securities in 2024.

Exclusive of these realized and unrealized gains and losses, non-interest income increased $2.2 million, or 2.9%, from $76.0 million for 2024 to $78.2 million for 2025. This increase was largely attributable to an increase of $1.1 million, or 9.7%, in wealth and investment management fee income and an increase of $0.8 million, or 2.6%, from service charges. Additionally, other income increased $0.3 million, or 9.8%, from the year ended December 31, 2024.

During the quarter ended December 31, 2025, non-interest income was $19.6 million, as compared to $16.1 million during the quarter ended December 31, 2024. During the fourth quarter of 2025, the Company reported $0.4 million of unrealized fair value losses on the Company’s equity securities, as compared to $2.8 million of realized security losses and $0.4 million of unrealized fair value losses on the Company’s equity securities, during the fourth quarter of 2024.

Exclusive of these realized and unrealized gains and losses, non-interest income increased from $19.3 million for the fourth quarter of 2024 to $20.1 million for the fourth quarter of 2025. This increase was primarily attributable to increased wealth and investment management fee income of $0.4 million, or 13.7%, and higher bankcard revenue of $0.2 million, or 2.6%.

Non-interest Expenses

Non-interest expenses increased $6.9 million, or 4.7%, from $147.2 million for 2024 to $154.1 million for 2025. This increase was primarily due to an increase in salaries and employee benefit expenses ($2.8 million due to salary adjustments and increased health insurance costs); other tax-related matters ($1.3 million); and equipment and software related expense ($1.3 million). In addition, other expenses increased $1.0 million and bankcard expense increased $0.5 million. These expenses were partially offset by lower advertising expenses of $0.7 million.

In the fourth quarter of 2025, non-interest expenses increased $2.6 million (7.1%) from $36.9 million in the fourth quarter of 2024 to $39.5 million. This increase was largely due to increases in other expenses of $1.1 million and salaries and employee benefits of $0.7 million. In addition, bankcard expenses increased $0.5 million and other tax-related matters increased $0.4 million. These increases were partially offset by decreased advertising expenses of $0.3 million.

Balance Sheet Trends

Loans increased $232.2 million (5.4%) from December 31, 2024 to $4.51 billion at December 31, 2025. Commercial real estate loans increased $98.6 million (5.6%); residential real estate loans increased $86.5 million (4.7%); commercial and industrial loans increased $34.1 million (8.1%); and home equity loans increased $25.5 million (12.8%). These increases were partially offset by a decrease in consumer loans ($10.5 million).

Period-end deposit balances increased $156.8 million, or 3.0%, from December 31, 2024, to December 31, 2025. Average depository balances for the year ended December 31, 2025 increased $192.8 million from the year ended December 31, 2024 to $5.23 billion. Average time deposits increased $137.3 million; average noninterest bearing demand deposits increased $30.4 million; average interest bearing demand deposits increased $15.2 million; and average savings deposits increased $9.8 million.

Income Tax Expense

The Company’s effective income tax rates for the quarter and year ended December 31, 2025 were 20.2% and 19.2%, respectively, compared to 16.9% and 19.0% for the comparable periods in 2024.

Capitalization and Liquidity

The Company’s gross loan to deposit ratio was 85.0% and its gross loan to asset ratio was 67.0% at December 31, 2025. The Company maintained investment securities totaling 22.8% of assets as of the same date. The Company’s deposit mix is weighted toward checking and saving accounts that fund 59.5% of total assets at December 31, 2025. Time deposits fund 19.4% of total assets at December 31, 2025, with only 15.0% of time deposits having balances of more than $250,000, reflecting the core retail orientation of the Company.

City Holding Company is the parent company of City National Bank of West Virginia (“City National”). City National has borrowing facilities with the Federal Reserve Bank and the Federal Home Loan Bank that can be accessed as necessary to fund operations and to provide contingency funding. These borrowing facilities are collateralized by various loans held on City National’s balance sheet. As of December 31, 2025, City National had the capacity to borrow an additional $1.7 billion from these existing borrowing facilities. In addition, approximately $817 million of City National’s investment securities were pledged to collateralize customer repurchase agreements and various deposit accounts, leaving approximately $716 million of City National’s investment securities unpledged at December 31, 2025.

The Company continues to be strongly capitalized with tangible equity of $652 million at December 31, 2025. The Company’s tangible equity ratio increased from 9.1% at December 31, 2024 to 9.9% at December 31, 2025. This increase was attributable to the Company’s net income for 2025 less share repurchases and dividends.

At December 31, 2025, City National’s Leverage Ratio was 8.7%, its Common Equity Tier I ratio was 13.4%, its Tier I Capital ratio was 13.4%, and its Total Risk-Based Capital ratio was 13.9%. These regulatory capital ratios are significantly above levels required to be considered “well capitalized,” which is the highest possible regulatory designation.

On November 18, 2025, the Company’s Board of Directors approved a quarterly cash dividend of $0.87 cents per share payable January 30, 2026, to shareholders of record as of January 15, 2026. During the year ended December 31, 2025, the Company repurchased 397,000 common shares at a weighted average price of $115.24 per share as part of a one million share repurchase plan authorized by the Board of Directors in January 2024. As of December 31, 2025, the Company could repurchase an additional approximately 424,000 shares under the current plan. City Holding Company had a cash balance of $149 million at December 31, 2025. The parent company’s annual expenditures are approximately $50 million (based on the Company’s operating expenses, contractual obligations and current quarterly dividend ($0.87 per share)).

City National operates 96 branches across West Virginia, Kentucky, Virginia, and Ohio.

Forward-Looking Information

This news release contains certain forward-looking statements that are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements express only management’s beliefs regarding future results or events and are subject to inherent uncertainty, risks, and changes in circumstances, many of which are outside of management’s control. Uncertainty, risks, changes in circumstances and other factors could cause the Company’s actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ from those discussed in such forward-looking statements include, but are not limited to those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 under “ITEM 1A Risk Factors” and the following: (1) general economic conditions, especially in the communities and markets in which we conduct our business; (2) credit risk, including risk that negative credit quality trends may lead to a deterioration of asset quality, risk that our allowance for credit losses may not be sufficient to absorb actual losses in our loan portfolio, and risk from concentrations in our loan portfolio; (3) changes in the real estate market, including the value of collateral securing portions of our loan portfolio; (4) changes in the interest rate environment; (5) operational risk, including cybersecurity risk and risk of fraud, data processing system failures, and network breaches; (6) changes in technology and increased competition, including competition from non-bank financial institutions; (7) changes in consumer preferences, spending and borrowing habits, demand for our products and services, and customers’ performance and creditworthiness; (8) difficulty growing loan and deposit balances; (9) our ability to effectively execute our business plan, including with respect to future acquisitions; (10) changes in regulations, laws, taxes, government policies, monetary policies and accounting policies affecting bank holding companies and their subsidiaries, including changes in deposit insurance premiums; (11) deterioration in the financial condition of the U.S. banking system may impact the valuations of investments the Company has made in the securities of other financial institutions; (12) regulatory enforcement actions and adverse legal actions; (13) difficulty attracting and retaining key employees; and (14) other economic, competitive, technological, operational, governmental, regulatory, and market factors affecting our operations. Forward-looking statements made herein reflect management's expectations as of the date such statements are made. Such information is provided to assist stockholders and potential investors in understanding current and anticipated financial operations of the Company and is included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that arise after the date such statements are made. Further, the Company is required to evaluate subsequent events through the filing of its December 31, 2025 Form 10-K. The Company will continue to evaluate the impact of any subsequent events on the preliminary December 31, 2025 results and will adjust the amounts if necessary.

60,825

61,294

59,116

56,007

55,790

237,242

221,108

31,568

35,188

33,387

30,342

28,654

130,485

117,101

2.18

2.41

2.29

2.06

1.94

8.94

7.91

2.18

2.41

2.29

2.06

1.94

8.93

7.89

14,359

14,457

14,466

14,616

14,634

14,474

14,676

14,366

14,463

14,471

14,631

14,655

14,482

14,697

14,354

14,495

14,650

14,705

14,354

14,705

0.87

0.79

3.32

3.01

56.41

55.12

52.72

51.63

49.69

56.41

49.69

45.41

44.19

41.76

40.74

38.80

45.41

38.80

126.71

133.58

123.42

120.39

134.35

133.58

134.35

117.04

118.89

108.93

114.48

113.37

108.93

98.35

119.20

123.87

122.42

117.47

118.48

119.20

118.48

112

141

175

397

179

119.12

111.09

117.42

115.24

100.24

1.86

2.11

2.03

1.89

1.75

1.97

1.85

19.2

22.5

22.7

20.7

19.4

21.2

5.29

5.43

5.38

5.32

5.31

5.35

5.36

1.87

1.91

1.95

2.02

2.14

1.94

2.06

3.94

4.04

3.95

3.84

3.75

3.94

3.86

24.9

24.7

25.1

25.8

24.7

25.7

48.2

46.0

49.0

49.6

48.4

48.2

48.8

13.68

12.84

13.38

14.26

15.27

13.34

14.99

12.04

11.81

11.37

11.56

11.46

9.93

9.84

9.40

9.23

9.06

16.94

17.19

16.78

16.84

16.51

16.94

17.19

16.78

16.84

16.51

17.40

17.66

17.26

17.36

17.02

10.96

11.06

10.70

10.76

10.62

13.42

15.83

15.10

14.38

13.55

13.42

15.83

15.10

14.38

13.55

13.88

16.30

15.58

14.90

14.05

8.68

10.18

9.63

9.19

8.72

934

942

941

7,201

7,138

7,064

7,028

6,864

5,679

5,629

5,619

5,580

5,467

64,376

64,606

62,588

60,917

61,701

252,487

241,521

14,657

15,947

15,347

13,945

13,742

59,896

54,132

1,014

708

712

724

789

3,158

3,281

1,400

829

1,644

1,802

2,588

5,675

7,495

81,447

82,090

80,291

77,388

78,820

321,216

306,429

15,811

16,201

16,492

16,852

17,463

65,356

64,529

3,493

3,196

3,307

3,169

4,191

13,165

15,500

1,586

1,568

1,552

1,586

6,292

6,163

20,890

20,983

21,367

21,573

23,240

84,813

86,192

60,557

61,107

58,924

55,815

55,580

236,403

220,237

1,100

(500

)

(2,000

)

300

(1,400

)

1,820

59,457

61,607

60,924

55,815

55,280

237,803

218,417

150

(2,812

)

187

(2,825

)

(416

)

(263

)

(390

)

(588

)

175

7,713

7,852

7,264

7,151

7,679

29,980

29,225

7,291

7,324

7,233

6,807

7,109

28,655

28,500

3,352

3,075

3,016

2,902

2,947

12,345

11,255

864

919

942

1,153

855

3,878

3,992

834

851

894

729

739

3,308

3,012

19,638

20,154

19,236

18,737

16,127

77,765

73,334

20,198

19,779

19,995

19,194

19,489

79,166

76,363

2,316

2,340

2,316

2,582

2,214

9,554

9,217

3,812

3,618

3,554

3,470

3,683

14,454

13,173

2,376

2,191

2,203

2,215

1,909

8,985

8,509

2,312

2,104

2,327

2,262

1,873

9,005

7,677

577

668

964

873

901

3,082

3,821

756

761

756

776

729

3,049

2,892

552

549

651

582

629

2,334

2,162

)

292

(66

)

(10

)

257

246

6,661

5,868

5,941

5,747

5,508

24,217

23,175

39,554

37,915

38,999

37,635

36,925

154,103

147,235

39,541

43,846

41,161

36,917

34,482

161,465

144,516

7,973

8,658

7,774

6,575

5,828

30,980

27,415

31,568

35,188

33,387

30,342

28,654

130,485

117,101

12,372

12,495

11,346

11,483

11,511

47,211

43,857

18,903

22,370

21,735

18,624

16,881

82,117

72,175

31,275

34,865

33,081

30,107

28,392

129,328

116,032

14,359

14,457

14,466

14,616

14,634

14,474

14,676

14,366

14,463

14,471

14,631

14,655

14,482

14,697

2.18

2.41

2.29

2.06

1.94

8.94

7.91

2.18

2.41

2.29

2.06

1.94

8.93

7.89

152,111

129,665

145,876

135,029

117,580

39,808

95,929

26,248

249,676

107,809

191,919

225,594

172,124

384,705

225,389

1,503,358

1,510,772

1,562,423

1,416,808

1,421,306

29,474

29,878

29,768

29,809

29,803

1,532,832

1,540,650

1,592,191

1,446,617

1,451,109

4,507,005

4,412,775

4,339,196

4,285,824

4,274,776

(19,862

)

(19,658

)

(19,724

)

(21,669

)

(21,922

)

4,487,143

4,393,117

4,319,472

4,264,155

4,252,854

124,370

123,506

122,587

121,738

120,887

69,133

69,539

69,038

69,696

70,539

20,718

21,890

21,654

21,603

20,650

30,005

32,159

33,994

35,184

41,704

157,871

158,414

158,957

159,501

160,044

108,027

102,763

108,120

119,757

116,283

6,722,018

6,667,632

6,598,137

6,622,956

6,459,459

1,413,621

1,377,313

1,383,247

1,365,870

1,344,449

1,339,435

1,338,872

1,333,858

1,355,806

1,335,220

1,244,571

1,238,832

1,244,179

1,260,903

1,215,358

1,303,361

1,302,575

1,287,536

1,275,890

1,249,123

5,300,988

5,257,592

5,248,820

5,258,469

5,144,150

Customer repurchase agreements

367,674

369,012

339,834

347,729

325,655

150,000

93,676

92,085

95,268

110,422

108,990

5,912,338

5,868,689

5,833,922

5,866,620

5,728,795

47,619

174,598

173,733

172,853

174,300

176,506

935,046

915,971

893,422

871,406

852,757

(270,967

)

(254,153

)

(254,181

)

(237,038

)

(230,499

)

(75,741

)

(82,785

)

(94,056

)

(98,509

)

(114,277

)

(875

)

(1,442

)

(1,442

)

(1,442

)

(1,442

)

(76,616

)

(84,227

)

(95,498

)

(99,951

)

(115,719

)

809,680

798,943

764,215

756,336

730,664

6,722,018

6,667,632

6,598,137

6,622,956

6,459,459

730,453

726,739

702,729

698,721

688,707

730,453

726,739

702,729

698,721

688,707

750,319

746,422

722,477

720,400

709,820

4,312,112

4,226,712

4,186,844

4,150,062

4,171,271

453,975

426,654

409,317

423,265

419,838

210,232

204,280

199,400

195,641

197,258

398,608

397,338

380,496

372,758

389,660

237,424

233,678

221,970

215,546

240,943

767,580

728,625

740,104

742,323

707,265

253,398

239,058

236,935

232,732

233,497

1,867,242

1,802,979

1,778,905

1,759,000

1,768,623

1,910,060

1,909,791

1,884,449

1,841,851

1,823,610

224,701

218,750

207,906

203,253

199,192

47,353

50,056

52,795

54,670

57,816

3,674

4,545

5,824

3,785

5,697

4,507,005

4,412,775

4,339,196

4,285,824

4,274,776

35,781

31,892

28,781

25,683

24,681

9,907

6,785

6,416

5,276

7,547

19,658

19,724

21,669

21,922

21,832

21,922

22,745

)

(30

)

(99

)

(37

)

(672

)

(27

)

(220

)

(249

)

(1,980

)

(181

)

(160

)

(49

)

(75

)

(390

)

(423

)

(102

)

(55

)

(97

)

(23

)

(255

)

(228

)

(36

)

(36

)

(129

)

(23

)

(210

)

(182

)

(387

)

(399

)

(327

)

(379

)

(405

)

(1,492

)

(1,570

)

(733

)

(632

)

(509

)

(759

)

(625

)

(2,633

)

(5,055

)

(347

)

400

105

(144

)

202

139

381

(29

)

258

181

162

336

349

328

425

367

1,438

1,446

(163

)

1,066

564

506

415

1,973

2,412

(896

)

434

(253

)

(210

)

(660

)

(2,643

)

1,100

(500

)

(2,000

)

300

(1,400

)

1,820

19,862

19,658

19,724

21,669

21,922

19,862

21,922

4,507,005

4,412,775

4,339,196

4,285,824

4,274,776

0.44

0.45

0.51

142.7

142.5

140.3

135.5

154.3

4,435,631

4,378,342

4,310,222

4,292,794

4,215,962

4,354,704

4,133,843

0.08

(0.04

(0.01

0.02

0.06

4,497

2,624

3,602

3,226

2,823

308

498

283

269

212

557

555

600

2,781

3,161

8,448

9,169

9,515

9,692

7,833

13,810

12,846

14,000

15,968

14,029

109

946

182

13,919

13,792

14,063

15,994

14,211

482

485

185

457

754

14,401

14,277

14,248

16,451

14,965

0.32

0.33

0.38

0.35

6,461

5,635

6,497

5,936

7,012

772

651

788

892

902

279

140

291

1,314

202

476

240

308

221

163

273

436

328

336

214

391

8,547

8,289

7,986

7,531

8,818

0.19

0.18

0.21

2,131,861

28,476

5.30

2,106,823

28,235

5.32

2,010,476

25,835

5.11

2,250,036

35,022

6.18

2,215,319

35,443

6.35

2,141,481

34,859

6.48

53,734

878

6.48

56,200

928

6.55

64,005

1,007

6.26

4,435,631

64,376

5.76

4,378,342

64,606

5.85

4,215,962

61,701

5.82

1,396,313

14,656

4.16

1,435,540

15,947

4.41

1,334,368

13,742

4.10

157,476

1,283

3.23

127,878

895

2.78

154,097

999

2.58

1,553,789

15,939

4.07

1,563,418

16,842

4.27

1,488,465

14,741

3.94

138,253

1,400

4.02

74,918

829

4.39

217,056

2,588

4.74

6,127,673

81,715

5.29

6,016,678

82,277

5.43

5,921,483

79,030

5.31

101,928

96,097

105,485

69,445

69,355

70,759

158,080

158,619

160,413

280,293

282,993

282,298

(19,497

)

(20,109

)

(22,178

)

6,717,922

6,603,633

6,518,260

1,346,533

3,217

0.95

1,329,234

3,378

1.01

1,367,370

3,951

1.15

1,239,715

2,370

0.76

1,241,494

2,348

0.75

1,204,625

2,212

0.73

1,303,470

10,224

3.11

1,295,424

10,475

3.21

1,225,654

11,300

3.67

386,270

3,493

3.59

343,903

3,196

3.69

375,304

4,191

4.44

150,000

1,586

4.19

150,000

1,586

4.19

150,000

1,586

4.21

4,425,988

20,890

1.87

4,360,055

20,983

1.91

4,322,953

23,240

2.14

1,393,103

1,374,486

1,347,457

89,884

89,456

100,707

808,947

779,636

747,143

6,717,922

6,603,633

6,518,260

60,825

61,294

55,790

3.94

4.04

3.75

111

175

107

166

476

535

802

589

706

875

2,086,207

109,849

5.27

1,978,804

100,401

5.07

2,210,665

138,980

6.29

2,088,474

137,071

6.56

57,832

3,658

6.33

66,565

4,048

6.08

4,354,704

252,487

5.80

4,133,843

241,520

5.84

1,392,157

59,896

4.30

1,295,289

54,132

4.18

137,059

3,997

2.92

158,257

4,153

2.62

1,529,216

63,893

4.18

1,453,546

58,285

4.01

131,001

5,675

4.33

144,134

7,495

5.20

6,014,921

322,055

5.35

5,731,523

307,300

5.36

97,771

104,575

69,651

71,298

158,889

161,318

288,361

299,378

(20,994

)

(22,804

)

6,608,599

6,345,288

1,338,751

13,224

0.99

1,323,507

15,335

1.16

1,241,530

9,291

0.75

1,231,698

8,917

0.72

1,287,094

42,841

3.33

1,149,773

40,277

3.50

355,952

13,165

3.70

337,368

15,500

4.59

150,000

6,292

4.19

146,721

6,163

4.20

4,373,327

84,813

1.94

4,189,067

86,192

2.06

1,367,035

1,336,625

95,225

107,061

773,012

712,535

6,608,599

6,345,288

237,242

221,108

3.94

3.86

357

494

352

202

2,217

3,301

110

2,594

3,634

60,557

61,107

58,924

55,815

55,580

236,403

220,237

268

187

192

210

839

871

60,825

61,294

59,116

56,007

55,790

237,242

221,108

12.04

11.98

11.58

11.41

11.31

(2.11

(2.14

(2.18

(2.25

9.93

9.84

9.40

9.23

9.06

48,905

1.09

2.86

20,589

0.46

2.55

24,220

0.54

1.01

100

25,453

0.57

1.40

24,324

0.54

1.53

48,613

1.08

5.07

505,385

11.24

1.64

192,476

4.28

2.96

211,742

4.71

1.80

634,739

14.12

1.42

165,866

3.69

1.65

54,837

1.22

1.23

25,444

0.57

1.46

399,051

8.88

1.77

505

103

572

131

2025

31,427

3,548

1.4

2024

32,238

4,497

1.8

2023*

31,745

4,768

1.9

2022

28,442

4,544

1.9

2021

32,800

8,860

3.8

2020

30,360

6,740

3.0

2019

32,040

3,717

1.7

2018*

30,400

4,310

2.2