City Bank is a company that provides banking services to individuals and business customers. The company offers checking, savings, money market, individual retirement, and certificates of deposit accounts. City Bank also provides indirect lending; mobile banking, online banking, security, e-Statements, and debit cards; wealth management services that include private banking, investments, and trusts; and business services, such as positive pay, cash management, merchant services, and remote deposit capture. 

TypeSubsidiary
HQAustin, TX, US
Founded1993
Websitecity.bank
Cybersecurity ratingAMore
City Bank was founded in 1993 and is headquartered in Austin, TX, US

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City Bank Office Locations

City Bank has offices in Austin, Arlington, Beaumont, College Station and in 11 other locations
Austin, TX, US (HQ)
2601 N Lamar Blvd
Arlington, TX, US
2340 Interstate 20 W #212
Austin, TX, US
9015 Mountain Ridge Dr #120
Beaumont, TX, US
7999 Gladys Ave #102
College Station, TX, US
1103 University Dr E #100
Dallas, TX, US
12720 Hillcrest Rd #201
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City Bank Financials and Metrics

Summary Metrics

Founding Date

1993

City Bank Revenue

City Bank's revenue was reported to be $101.6 m in FY, 2020
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

151.8m170.2m56.6m101.6m

Revenue growth, %

12%

Cost of goods sold

16.0m22.5m

Gross profit

135.9m147.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

12.1m13.7m14.1m18.9m24.9m31.7m

Sales and marketing expense

717.0k796.0k762.0k768.0k806.0k615.0k

R&D expense

693.0k689.0k722.0k847.0k1.1m843.0k

Operating expense total

4.8m4.9m5.2m6.5m6.4m5.6m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

294.6m246.0m158.1m300.3m

Accounts Receivable

1.8b2.0b

PP&E

61.9m59.8m61.9m60.3m

Goodwill

18.8m19.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

339.4m408.1m244.6m136.1m256.1m290.9m

PP&E

59.6m59.7m59.2m61.8m61.9m61.4m

Goodwill

2.5m20.0m20.0m19.5m

Total Assets

2.7b2.8b2.8b3.2b3.6b3.5b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

23.6m29.3m29.2m45.4m

Depreciation and Amortization

5.3m6.5m5.2m6.6m

Cash From Operating Activities

35.3m26.9m30.5m5.6m

Purchases of PP&E

9.0m3.1m(4.0m)(3.3m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

4.8m10.9m19.1m7.1m12.7m29.4m

Depreciation and Amortization

1.3m2.5m3.7m1.6m3.3m4.9m

Cash From Operating Activities

29.3m21.7m22.5m4.3m(8.6m)33.8m

Purchases of PP&E

(1.0m)(2.4m)(3.3m)(1.2m)(2.4m)(3.2m)
USDFY, 2017

Financial Leverage

162.6 x
Show all financial metrics

City Bank Operating Metrics

FY, 2018

Bank Branches

21

Total Deposits

$2.3 b

Total Loans

$2 b
Show all operating metrics

City Bank Acquisitions / Subsidiaries

Company NameDateDeal Size
CB Provence
CBT Brushy Creek
CBT Properties
City Bank
Ruidoso Retail
South Plains Financial Capital Trusts (SPFCT) III-V
Windmark Insurance Agency

City Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

City Bank Online and Social Media Presence

Embed Graph

City Bank News and Updates

Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 10th Consecutive Year

WARSAW, Ind., May 04, 2021 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank was included in the 2021 KBW Bank Honor Roll published by Keefe Bruyette & Woods (KBW), the 10th consecutive ye…

Bank launches Lake City Bank Digital, a Next-Generation Platform for Consumers and Businesses

WARSAW, Indiana, April 12, 2021 (GLOBE NEWSWIRE) -- Lake City Bank announced today that the bank launched its next-generation digital banking platform combining digital functionality for commercial and retail clients in one device-agnostic solution on March 29, 2021.

Lake City Bank Parent Announces 13% Increase in Quarterly Dividend

WARSAW, Ind., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the fourth quarter of 2020 of $0.34 per share, payable on February 5, 2021 to s…

Compass Plus helps City Bank deliver interoperable QR code payments in Bangladesh

As part of a major strategy to make the lives of both consumers and merchants easier in Bangladesh, City Bank has launched the country’s first interoperable QR code payments solution in collaboration with Compass Plus.

City Bank Frequently Asked Questions

  • When was City Bank founded?

    City Bank was founded in 1993.

  • How many employees does City Bank have?

    City Bank has 845 employees.

  • What is City Bank revenue?

    Latest City Bank annual revenue is $101.6 m.

  • What is City Bank revenue per employee?

    Latest City Bank revenue per employee is $120.2 k.

  • Who are City Bank competitors?

    Competitors of City Bank include Hills Bancorp, The Commercial & Savings Bank and Home Bancorp Wisconsin.

  • Where is City Bank headquarters?

    City Bank headquarters is located at 2601 N Lamar Blvd, Austin.

  • Where are City Bank offices?

    City Bank has offices in Austin, Arlington, Beaumont, College Station and in 11 other locations.

  • How many offices does City Bank have?

    City Bank has 27 offices.