City National Corp.'s 1Q2015 Financial Results
April 23, 2015
After Market Close
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 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta.
LOS ANGELES, April 24, 2015 (GLOBE NEWSWIRE) -- City National Corporation (NYSE:CYN), the parent company of wholly owned City National Bank, today announced a new $11 billion, five-year commitment for community lending, investment, charitable contributions, supplier diversity and other activities outlined in the Community Reinvestment Act (CRA).
City National finalized its commitment following consultation with many of its community partners in California, and in connection with its recently...
Loan Balances Reach All-Time High of $20.9 Billion, Up 18 Percent
Deposits Grow 11 Percent to New Record of $28.5 Billion
LOS ANGELES, April 23, 2015 (GLOBE NEWSWIRE) -- City National Corporation (NYSE:CYN), the parent company of wholly owned City National Bank, today reported first-quarter 2015 net income of $61.6 million, up 14 percent from $53.8 million in the year-ago period. Earnings per share were $1.01, compared to $0.89 per share in the first quarter of 2014.
City National al...
LOS ANGELES, April 20, 2015 (GLOBE NEWSWIRE) -- City National Bank, America's Premier Private and Business BankSM, announced today that it has hired John Brouillard as a vice president and wealth advisor with the bank's Entertainment team in New York.
Brouillard will be responsible for growing the Entertainment team's already robust wealth management business in New York by working closely with the team's seasoned relationship managers. He will be working with all investment platforms o...
LOS ANGELES, April 17, 2015 (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 May 13, 2015 to shareholders of record on April 27, 2015.
A quarterly cash dividend of $16.875 per share was declared on...
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