Second-quarter average commercial loans were up 25 percent from the same period in 2012 and 6 percent higher than the first quarter of 2013.Average balances for commercial real estate mortgages were up 29 percent from the second quarter of 2012, and they increased 3 percent from the first quarter of 2013. Average balances for commercial real estate construction loans declined 23 percent from the second quarter of 2012, but were up 2 percent from the first quarter of 2013.
City National Corporation Grows Second-Quarter 2013 Net Income To $59.7 Million, Up 9 Percent From Second-Quarter 2012; First-Half 2013 Net Income Totals $111.3 Million, Up 10 Percent
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts