City National Corp (NYSE:CYN)

CAPS Rating: 2 out of 5

The Company and its subsidiary, City National Bank provide private and business banking services, including investment and trust services to its clients.

Recs

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Player Avatar ASKZAK (35.17) Submitted: 4/10/2008 1:17:03 AM : Outperform Start Price: $45.19 CYN Score: +10.02

Throwing out the good with the bad in banking on this one. A solid Los Angeles based bank, with little subprime exposure. This bank is an LA institution and very commonly used with the big entertainment firms. I sold CYN at $40 seven and a half years ago to help purchase my home. Up until late 2007, I watched it go up to $78 from my sale in 2000. Recently, I bought some back at $48+ with a 4% dividend! This is good opportunity to purchase a good institution in an out of favor industry

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