CU Bancorp (CUNB) Reports In-Line Q1 EPS

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Go back to CU Bancorp (CUNB) Reports In-Line Q1 EPS

CU Bancorp Reports Record First Quarter Earnings of $6.3 Million

April 26, 2016 9:10 AM EDT

Earnings per share up 52% in first comparable year-over-year quarter since merger

LOS ANGELES--(BUSINESS WIRE)-- CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the first quarter of 2016.

The Companys acquisition of 1st Enterprise Bank, which was accomplished by a merger of California United Bank with 1st Enterprise Bank (the merger), was effective November 30, 2014. Operating results for the first quarter of 2016 and the first quarter of 2015 include the combined operations of both entities.

First Quarter 2016 Highlights

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