City National Corporation (CYN) reported that its fourth-quarter net income available to shareholders increased to $19.668 million or $0.38 per share from $6.489 million or $0.13 per share last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report profit of $0.04 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $162.962 million compared to $148.759 million a year ago. Total noninterest income was $110.118 million compared to $55.626 million last year.
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