City National Corp. (CYN) Tops Q2 EPS by 13c
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City National Corporation Reports Record Net Income of $66.7 Million in Second-Quarter 2014
July 24, 2014 4:17 PM EDTTotal assets exceed $30 billion for the first time
Period-end loan balances grow to $18.5 billion, up 17 percent, with commercial loans up 18 percent
Deposits grow 13 percent to $26.7 billion
LOS ANGELES, July 24, 2014 (GLOBE NEWSWIRE) -- City National Corporation (NYSE: CYN), the parent company of wholly owned City National Bank, today reported second-quarter 2014 net income of $66.7 million, up 12 percent from $59.7 million in the year-ago period. Earnings per share were $1.11, compared with $1.04 per share in the second quarter of 2013.
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