City National (CYN) Tops Q3 EPS by 8c

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Go back to City National (CYN) Tops Q3 EPS by 8c

City National Corporation Reports Record Net Income of $68.7 Million in the Third Quarter of 2014

October 23, 2014 4:15 PM EDT

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 of 2013.

Year-to-date, City National's net... More