City National Bank

Headquartered in Charleston, W.Va., City has 85 locations throughout West Virginia, Virginia, Kentucky and Ohio. The bank most recently acquired Virginia Savings Bank in 2012 (headquartered in Front Royal, Va.) and Community Bank (headquarted in Staunton, Va.) in 2013.

City was named a 2016 Five Diamond Employer by the West Virginia Chamber of Commerce for its outstanding employee policies, opportunities for continuing education and community service participation.

Founded in 1957, City Holding today employs approximately 875 professionals.

Company Growth (employees)
Type
Public
HQ
Cross Lanes, US
Founded
1957
Size (employees)
874 (est)
City National Bank was founded in 1957 and is headquartered in Cross Lanes, US

City National Bank Office Locations

City National Bank has an office in Cross Lanes
Cross Lanes, US (HQ)
25 Co Rte 35/22

City National Bank Data and Metrics

City National Bank Financial Metrics

City National Bank's revenue was reported to be $52.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

52.7 m

Gross profit (Q1, 2017)

49 m

Gross profit margin (Q1, 2017), %

93%

Net income (Q1, 2017)

16 m

EBIT (Q1, 2017)

29.8 m

Market capitalization (15-Aug-2017)

967.2 m

Cash (31-Mar-2017)

190.8 m
City National Bank's current market capitalization is $967.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

129.6 m127.1 m132.2 m

Revenue growth, %

4%

Cost of goods sold

11.8 m13.2 m

Gross profit

115.2 m118.9 m

Gross profit Margin, %

91%90%

Sales and marketing expense

53.5 m

General and administrative expense

11.1 m

Operating expense total

96.2 m

EBIT

77.2 m82.5 m114.6 m

EBIT margin, %

60%65%87%

Pre tax profit

77.2 m

Income tax expense

25.3 m24.3 m28.4 m25.1 m

Net Income

53 m54.1 m52.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

47.1 m44.5 m45.4 m47.5 m49.8 m52.7 m

Cost of goods sold

2.9 m2.9 m3.2 m3.3 m3.3 m3.8 m

Gross profit

44.2 m41.6 m42.2 m44.2 m46.5 m49 m

Gross profit Margin, %

94%93%93%93%93%93%

Sales and marketing expense

12.9 m13 m13.4 m13.6 m13.7 m13.8 m

General and administrative expense

2.5 m2.6 m2.8 m2.7 m2.8 m2.8 m

Operating expense total

15.4 m15.5 m16.2 m16.3 m16.4 m16.6 m

EBIT

25.9 m27.4 m28.6 m28.5 m28.3 m29.8 m

EBIT margin, %

55%62%63%60%57%56%

Pre tax profit

18.1 m15.7 m17.6 m18.8 m19.8 m23.7 m

Income tax expense

6.1 m5.1 m5.9 m6.3 m6.6 m7.6 m

Net Income

26.6 m38.4 m18 m30 m40.6 m11.7 m24.2 m37.5 m16 m
USDFY, 2013Y, 2014Y, 2015FY, 2016

Cash

183.2 m29.8 m88.4 m88.1 m

Accounts Receivable

6.9 m7.4 m454.1 k

PP&E

198.4 m78 m77.3 m75.2 m

Goodwill

642.6 m635.9 m

Total Assets

29.7 b3.5 b3.7 b4 b

Accounts Payable

3.2 b

Total Debt

739.9 m151.4 m16.5 m

Total Liabilities

3.5 b

Additional Paid-in Capital

541.2 m107.4 m106.3 m112.9 m

Retained Earnings

1.9 b362.2 m390.7 m417 m

Total Equity

2.7 b3 b419.3 m442.4 m

Debt to Equity Ratio

0.3 x0.1 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

10.8 x1.2 x8.9 x9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

110.7 m91.5 m245.1 m153.4 m118.7 m175.2 m78.6 m64.8 m190.8 m

PP&E

80.2 m79 m76.9 m75.9 m73.4 m76 m75 m75.6 m73.8 m

Total Assets

3.4 b3.4 b3.6 b3.5 b3.5 b3.8 b3.8 b3.9 b4.1 b

Accounts Payable

2.8 b2.8 b2.9 b2.9 b2.9 b3.2 b3.1 b3.2 b3.4 b

Additional Paid-in Capital

106.8 m107.1 m106.4 m105.9 m106.1 m106.1 m105.6 m106 m140.3 m

Retained Earnings

348 m353.7 m373.8 m379.4 m383.6 m396 m402 m408.8 m426.1 m

Total Equity

411.2 m418.8 m418.1 m428.4 m434.8 m481.6 m

Financial Leverage

8.5 x8.4 x9.2 x8.9 x8.9 x8.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

48.2 m258.6 m

Depreciation and Amortization

32.3 m32.4 m6.1 m6.2 m

Cash From Operating Activities

75.9 m182 m47.9 m65.3 m

Cash From Investing Activities

(72.7 m)(3 b)(184.1 m)(261.3 m)

Long-term Borrowings

(240.5 m)(147.1 m)

Dividends Paid

(22.9 m)(88.9 m)(25.3 m)(25.7 m)

Cash From Financing Activities

(2.3 m)2.6 b58.1 m214 m

Interest Paid

60.5 m51.3 m

Income Taxes Paid

60.7 m170.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

26.6 m38.4 m18 m30 m40.6 m11.7 m24.2 m37.5 m16 m

Depreciation and Amortization

1.5 m1.5 m1.6 m3.1 m4.7 m1.5 m

Cash From Operating Activities

14 m34.6 m13.5 m10.4 m44.3 m14.8 m37.7 m47.8 m20.4 m

Cash From Investing Activities

34 m(8.8 m)21.1 m(44.1 m)(64.9 m)1.2 m(64.5 m)(144.8 m)(39.1 m)

Dividends Paid

(12.1 m)(18.4 m)(6.1 m)(12.5 m)(18.9 m)(6.4 m)(12.8 m)(19.3 m)(6.5 m)

Cash From Financing Activities

(23.1 m)(20.2 m)62.3 m38.9 m89 m35.3 m91.7 m121.4 m
USDY, 2017

Revenue/Employee

60.3 k

Financial Leverage

8.6 x

City National Bank Market Value History

Traffic Overview of City National Bank

City National Bank Online and Social Media Presence

City National Bank News and Updates

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City National Bank to expand into another downtown L.A. high-rise

In one of the largest office leases of the year in Los Angeles, City National Bank plans to announce Wednesday it has agreed to rent up to 11 floors in a downtown high-rise as the bank beefs up its staff and services. The decision to put hundreds of existing and new employees in Two California..…

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City National Bank Company Life and Culture

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