Title:

City National Corporation at Citigroup Financial Services Conference Transcript

Price:$54.00
Publication Date:Jan 29, 2008
Source:Thomson StreetEvents
Report Type:Transcript
Abstract:Final Transcript of CYN presentation, 29-Jan-08 2:00pm ET
Brief Excerpt:... - City National Corporation - EVP and CFO Thank you to Citibank for letting us tell our story to you all today. Basically what I want to do is let you know why we think City National is a particularly compelling investment opportunity in this environment. I also would make note at the end of your package is something around a -- forward-looking statements under the Safe Harbor Protection Act and you should take a look at that at the end of the presentation. So, let's get started with our earnings which we released last week and for a year where earnings were down we still had a pretty solid year, frankly good revenue growth, strong loan growth, very strong noninterest income growth. We really want to apologize but yes we did take our first loan provision in four years after ## quarters and -- but did finish the year strongly with a (technical difficulty) reserve at ### and a very strong capital ratio at ####. So this is a picture of the financial services industry and there's a famous...
Word Count:5554
Length:9 Pages
Ticker:CYN
Time:2:00pm ET
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