California United Bank

California United Bank, established in 2005, is a leading edge community-based commercial bank, focusing on products and services to customers located throughout the Metropolitan Los Angeles, Ventura, Orange and San Bernardino County markets. Our experienced management team with deep roots in our market areas directs our success, which is predicated on maintaining solid, enduring relationships with local business owners and decision makers. We do that by providing a high level of personal service and responsiveness, as well as a full menu of financial services, including loan and deposit products, cash management and online banking to small and medium sized businesses, entrepreneurs, professionals, and high-net worth individuals. The Bank is headquartered in Downtown Los Angeles and operates an additional 10 full service offices in Encino, the Conejo Valley, West Los Angeles, the Santa Clarita Valley, the Simi Valley, Irvine, Anaheim, Irvine/Newport Beach, the Inland Empire and the South Bay.
Type
Public
HQ
Los Angeles, US
Founded
2005
Size (employees)
265 (est)
Website
cunb.com
California United Bank was founded in 2005 and is headquartered in Los Angeles, US

California United Bank Office Locations

California United Bank has offices in Los Angeles, Anaheim, Thousand Oaks, Ontario and in 3 other locations
Los Angeles, US (HQ)
220 818 W 7th St
Los Angeles, US
114 1640 S Sepulveda Blvd
Gardena, US
100 1025 W 190th St
Santa Clarita, US
100 25350 Magic Mountain Pkwy
Los Angeles, US
100 15821 Ventura Blvd
Irvine, US
450 17901 Von Karman Ave

California United Bank Data and Metrics

California United Bank Financial Metrics

California United Bank's revenue was reported to be $30 m in Q1, 2017
USD

Revenue (Q1, 2017)

30 m

Gross profit (Q1, 2017)

29 m

Gross profit margin (Q1, 2017), %

97%

Net income (Q1, 2017)

7.8 m

EBIT (Q1, 2017)

26.2 m

Market capitalization (21-Jul-2017)

650.4 m

Cash (31-Mar-2017)

364.8 m
California United Bank's current market capitalization is $650.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

57.4 m62.9 m101.9 m113.3 m

Revenue growth, %

10%62%11%

Cost of goods sold

2.7 m3.1 m

Gross profit

99.1 m110.1 m

Gross profit Margin, %

97%97%

Operating expense total

60 m63.4 m

EBIT

82.3 m94.8 m

EBIT margin, %

81%84%

Net Income

9.8 m8.9 m21.2 m27.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

25 m26.1 m27.1 m28 m28.9 m30 m

Cost of goods sold

668 k704 k771 k748 k807 k992 k

Gross profit

24.4 m25.4 m26.3 m27.2 m28.1 m29 m

Gross profit Margin, %

97%97%97%97%97%97%

Sales and marketing expense

9.3 m9.7 m10.2 m9.9 m10.3 m11.1 m

R&D expense

635 k596 k618 k635 k657 k656 k

Operating expense total

9.9 m10.3 m10.8 m10.6 m11 m11.7 m

EBIT

20.6 m21.7 m22.9 m23.2 m24.4 m26.2 m

EBIT margin, %

82%83%84%83%84%87%

Net Income

5.1 m7.6 m4.2 m9.5 m15.7 m6.3 m12.9 m20.3 m7.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

241.3 m132.6 m222.1 m209.1 m

Accounts Receivable

69 m

Inventories

2.1 b

PP&E

3.5 m5.4 m5.1 m4.2 m

Goodwill

12.3 m64 m64.6 m64.6 m

Total Assets

1.4 b2.3 b2.6 b3 b

Accounts Payable

2.6 b

Total Liabilities

2.7 b

Additional Paid-in Capital

8.4 m19.7 m23 m25.2 m

Retained Earnings

8.1 m16.9 m36.9 m63.2 m

Total Equity

137.9 m279.2 m306.8 m338.2 m

Financial Leverage

10.2 x8.1 x8.6 x8.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

220.1 m195.7 m242.6 m268.1 m311.2 m300.2 m237.3 m291.9 m364.8 m

Inventories

979.9 m978.8 m1.7 b1.7 b1.8 b1.9 b2 b2 b2 b

PP&E

3.8 m3.6 m5.2 m5.2 m5 m4.8 m4.6 m4.4 m3.9 m

Goodwill

12.3 m12.3 m64 m64 m64 m64.6 m64.6 m64.6 m64.6 m

Total Assets

1.4 b1.5 b2.4 b2.5 b2.6 b2.7 b2.8 b2.9 b3.1 b

Accounts Payable

1.2 b1.3 b2.1 b2.1 b2.3 b2.4 b2.4 b2.5 b2.8 b

Additional Paid-in Capital

9.4 m9.9 m20.4 m21 m21.8 m23.9 m25.2 m24.8 m25.5 m

Retained Earnings

13.1 m15.7 m20.8 m25.7 m31.7 m42.9 m49.2 m56.3 m70.6 m

Total Equity

145.4 m148.8 m285.1 m290.6 m298.3 m316 m326.5 m332.9 m346.4 m

Financial Leverage

9.8 x9.8 x8.4 x8.5 x8.7 x8.7 x8.5 x8.7 x9.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.8 m8.9 m21.2 m27.5 m

Depreciation and Amortization

1.1 m1 m1.4 m1.4 m

Cash From Operating Activities

8.6 m12.6 m21.4 m22.6 m

Cash From Investing Activities

(96 m)(133.6 m)(280.4 m)(363.2 m)

Dividends Paid

(41 k)(183 k)(1.3 m)

Cash From Financing Activities

145.8 m12.3 m348.5 m327.6 m

Interest Paid

2 m1.8 m2.9 m3.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

5.1 m7.6 m4.2 m9.5 m15.7 m6.3 m12.9 m20.3 m7.8 m

Depreciation and Amortization

479 k725 k359 k702 k1.1 m361 k717 k1.1 m341 k

Cash From Operating Activities

6.2 m8.9 m4 m9.9 m23.6 m7.6 m16.5 m25.8 m18 m

Cash From Investing Activities

(44.2 m)(89 m)(31.7 m)(70.1 m)(165.6 m)(27.5 m)(125 m)(186.4 m)(2.3 m)

Dividends Paid

(41 k)(101 k)(142 k)(150 k)(519 k)(888 k)(369 k)

Cash From Financing Activities

16.8 m34.5 m137.6 m195.7 m320.6 m98 m123.8 m230.5 m140.1 m

Interest Paid

849 k1.3 m599 k1.3 m2.1 m782 k1.6 m2.5 m943 k
USDY, 2017

Revenue/Employee

113.3 k

Financial Leverage

9.1 x

California United Bank Market Value History

California United Bank Company Life and Culture

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