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City Holding Elects New Director and Confirms Board Slate

Story Highlights
  • City Holding Company shareholders elected B. Scott Raynes to a two-year board term, expanding the board and adding a healthcare executive with deep regional ties.
  • At the April 29, 2026 meeting, shareholders approved all director nominees, ratified the 2026 auditor, and backed executive pay, while an affiliate bank added James Parsons to its board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
City Holding Elects New Director and Confirms Board Slate

Meet Samuel – Your Personal Investing Prophet

City Holding Company ( (CHCO) ) just unveiled an update.

At its Annual Meeting of Shareholders held on April 29, 2026, City Holding Company shareholders elected healthcare executive B. Scott Raynes to the Board of Directors as a Class II director for a two-year term, increasing the board from 11 to 12 members. Raynes, currently president and CEO of Marshall Health Network and a prominent West Virginia business leader, brings extensive experience running large healthcare systems in several states, a background the board believes aligns closely with City National Bank’s largest customer base in the Huntington metropolitan area.

At the same April 29, 2026 meeting in Cross Lanes, West Virginia, shareholders also elected four Class III directors to three-year terms, ratified the appointment of Crowe LLP as the company’s independent auditor for 2026, and approved executive compensation on an advisory basis. In a related move, City National Bank of West Virginia appointed director James M. Parsons to its own board effective April 29, 2026, underscoring continued alignment between the holding company and its banking subsidiary in board composition and oversight.

The most recent analyst rating on (CHCO) stock is a Hold with a $130.00 price target. To see the full list of analyst forecasts on City Holding Company stock, see the CHCO Stock Forecast page.

Spark’s Take on CHCO Stock

According to Spark, TipRanks’ AI Analyst, CHCO is a Outperform.

The score is driven primarily by above-average financial quality (strong profitability and cash conversion, with manageable leverage trends). Valuation and shareholder-return actions (dividend and sizable buyback authorization) add support, while technical indicators are mixed and limit near-term momentum confidence.

To see Spark’s full report on CHCO stock, click here.

More about City Holding Company

City Holding Company is a $6.8 billion bank holding company headquartered in Charleston, West Virginia, and is the parent of City National Bank of West Virginia. City National operates 96 branches across West Virginia, Kentucky, Virginia and Ohio, focusing on regional banking services to retail and commercial customers in its Appalachian and Mid-Atlantic markets.

Average Trading Volume: 119,497

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.79B

For a thorough assessment of CHCO stock, go to TipRanks’ Stock Analysis page.

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