Los Angeles-based City National Corporation (NYSE: CYN) is the parent company of City National Bank. It offers a full complement of banking, trust and investment services through 77 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta.
Net Income Grows 8 Percent From a Year Ago
Total Assets Reach a Record $32 Billion
Loans Grow 17 Percent and Exceed $19 Billion for the First Time
LOS ANGELES, Oct. 23, 2014 (GLOBE NEWSWIRE) -- City National Corporation (NYSE:CYN), the parent company of wholly owned City National Bank, today reported third-quarter 2014 net income of $68.7 million, up 8 percent from $63.6 million in the year-ago period. Earnings per share were $1.15, compared with $1.10 per share in the third quarter ...
LOS ANGELES, Oct. 21, 2014 (GLOBE NEWSWIRE) -- City National Bank announced today that it has appointed J. Peter Barbara to lead private client services in downtown Los Angeles, Pasadena, San Gabriel Valley and the South Bay.
Barbara is a senior vice president and manager with more than 25 years of wealth management experience. He was most recently a wealth advisor for Wells Fargo Private Bank in Manhattan Beach, and before that was a director for the high-net-worth group for Citigroup Priva...
LOS ANGELES, Oct. 17, 2014 (GLOBE NEWSWIRE) -- City National Corporation (NYSE:CYN) today announced that it has declared cash dividends on its outstanding series of preferred stock.
A quarterly cash dividend of $13.75 per share was declared on its 5.50% Non-Cumulative Perpetual Preferred Stock, Series C (equivalent to $0.34375 per related depositary share), payable on November 13, 2014 to shareholders of record on October 28, 2014.
A quarterly cash dividend of $16.875 per share was decla...
Literacy Grant Program Reaches Significant Milestone
LOS ANGELES, Oct. 6, 2014 (GLOBE NEWSWIRE) -- City National Bank today announced that it is now accepting applications for grants to support literacy and financially-based literacy projects at public and private elementary, middle and high schools in five states. Administered through City National's award-winning Reading is The way up® literacy program, this year's program will again award up to $100,000 in both literacy and financial literac...
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