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Company Information
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 72 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City.
The company's 3,000 colleagues deliver specialized and highly personal service and complete financial solutions to entrepreneurs, professionals, their businesses and their families.
| Consolidated Financial Highlights |
At 12/31/2009 |
At 12/31/2008 |
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| Total assets: |
$21.1 billion |
$16.5 billion |
| Total deposits: |
$17.4 billion |
$12.7 billion |
| Total loans*: |
$14.0 billion |
$12.4 billion |
| Assets under management: |
$35.2 billion |
$30.8 billion |
Assets under management or administration:
|
$55.1 billion |
$47.5 billion |
|
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2009 |
2008 |
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| Net income: |
$51.3 million |
$105.0 million |
| Net income available to common share holders: |
$25.4 million |
$102.5 million |
| Net income/share, diluted: |
$0.50 |
$2.11 |
Noninterest income:
|
$290.5 million |
$267.0 million |
| * Includes $1.9 billion of FDIC-covered loans at December 31, 2009 |
Acquisitions
Fast Facts
- Founded by a small group of local entrepreneurs in 1954.
- Expanded to Northern California in 2000 with the purchase of The Pacific Bank, followed by the acquisition of Oakland-based Civic BanCorp in 2002.
- Opened an office in New York City in 2002 to serve California clients who do business on both coasts and prospective clients in Manhattan.
- Expanded to Nevada in 2007 with the acquisition of Business Bank Corp.
- Recognized by Barron’s as one of America ’s top wealth managers nine years in a row (2001-2009).
- Ranked for four consecutive years by Bank Director magazine in the top quartile of the nation's 150 largest banks based on performance (2005-2008).
Products & Services
- Commercial Banking Services
- Private Client Services
- Business Trust and Investments
- Services for Professional Firms
- International Banking Services
- Entertainment Industry Services
- Treasury Management Services
- Online Services
Media Contacts
Cary Walker, (213) 673-7615
cary.walker@cnb.com
Linda Mueller, (213) 673-7619
linda.mueller@cnb.com
David Garcia, (213) 673-7610
david.garcia@cnb.com
Debora Vrana, (213) 673-7631
debora.vrana@cnb.com
Paul Stowell, (702) 952-4415
paul.stowell@cnb.com
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