Third-quarter earnings rise for City National Bank parent
City National Corp., parent company of City National Bank, on Thursday reported third-quarter earnings rose 20.3 percent from a year earlier.
The company said net income was $41.4 million, or 77 cents a share for the quarter ended Sept. 30, up from $34.4 million, or 65 cents a share, a year earlier.
Third-quarter revenue rose 5.5 percent to $269 million from $255 million.
Total third-quarter assets were $23.1 billion.
City National operates seven branches in Southern Nevada.
