City National (CYN) Stock Price, News & Analysis

Company Overview

City National Corporation is a bank holding company and a financial holding company. The Corporation provides a range of banking, investment and trust services to its clients through its wholly-owned banking subsidiary, City National Bank (the Bank). The Company operates through around 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada, New York City, Nashville, Tennessee and Atlanta, Georgia. The Company operates through three segments: Commercial and Private Banking, Wealth Management and Other. The Commercial and Private Banking segment provides banking products and services, including commercial and mortgage lending, lines of credit, equipment lease financing, deposits, cash management services, international trade finance and letters of credit. Wealth Management segment includes all investment advisory affiliates and offers wealth management services. The Other segment includes all other subsidiaries.

Key Stats

• Today's Range: $6.10 to $6.35
• 50-Day Range: N/A
• 52-Week Range: N/A
• Volume: 47,652 shs
• Average Volume: 1.81 million shs
• Market Capitalization: $12.75 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

CYN Stock Analysis - Frequently Asked Questions

How were City National's earnings last quarter?

City National Corp (NYSE:CYN) released its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported ($2.74) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($3.56) by $0.82. The financial services provider had revenue of $0.05 million for the quarter. City National had a negative net margin of 21,916.50% and a negative trailing twelve-month return on equity of 258.30%.

When did City National's stock split?

City National's stock reverse split on the morning of Friday, July 5th 2024. The 1-100 reverse split was announced on Friday, July 5th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

When did City National IPO?

City National (CYN) raised $30 million in an initial public offering on the week of October 18th 2021. The company issued 3,500,000 shares at $7.50-$9.50 per share. Aegis Capital Corp. acted as the underwriter for the IPO.

What other stocks do shareholders of City National own?

Based on aggregate information from My MarketBeat watchlists, some other companies that City National investors own include Palantir Technologies (PLTR), ChargePoint (CHPT), Li Auto (LI), Construction Partners (ROAD), Sunrun (RUN), Robinhood Markets (HOOD) and NIO (NIO).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Custom computer programming services
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:CYN
• CUSIP: 17856610
• CIK: 201461
• Web: www.cnb.com
• Phone: +1-310-8886000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($26.85)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-22,810,000.00
• Net Margins: -21,916.50%
• Pretax Margin: -21,915.53%
• Return on Equity: -258.30%
• Return on Assets: -208.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.43
• Quick Ratio: 2.43

Sales & Book Value

• Annual Sales: $1.49 million
• Price / Sales: 8.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.28 per share
• Price / Book: 1.91

Miscellaneous

• Outstanding Shares: 2,030,000
• Free Float: 1,909,000
• Market Cap: $12.75 million
• Optionable: Optionable
• Beta: -1.92