City National - M&A Summary, Ownership, and Business Overview

Financial ServicesCompany

City National M&A Summary

City National has acquired 7 companies of its own.

City National’s largest acquisition to date was in 2006, when it acquired Business Bank for $161M. City National has acquired in 3 different US states. The Company’s most targeted sectors include financial services (100%).

City National Ownership

Who owns City National?

City National is owned by Royal Bank of Canada. It was acquired on January 22, 2015.

City National Business Overview

Where is City National headquartered?

City National is headquartered in Los Angeles, California.

How many employees does City National have?

City National has 3,638 employees.

What sector is City National in?

City National is a financial services company.

When was City National founded?

City National was founded in 1953.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

City National Corp.

City National Plaza 555 South Flower Street,
Los Angeles, California 90071
United States,
(213) 673-7700
www.cnb.com

City National Bank provides banking, investment and trust services through 75 branches and offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. City National was formed in 1953 and is based in Los Angeles, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 7 - - - - - 7
vol $274M $274M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Rochdale Investment Management LLC 2012-04-25 - Add-on Acquisition
New York, New York · www.rochdale.com
First American Equipment Finance 2012-04-23 - Add-on Acquisition
Rochester, New York
Nevada Commerce Bank 2011-04-08 - Special Situations/Distressed
Las Vegas, Nevada · www.ncbnv.com
1st Pacific Bank of California 2010-05-07 - Special Situations/Distressed
San Diego, California
Imperial Capital Bank 2009-12-18 - Special Situations/Distressed
La Jolla, California · www.imperialcapitalbank.com
Business Bank Corp. 2006-11-01 161M USD Add-on Acquisition
, Nevada
Civic BanCorp 2001-11-19 113M USD Add-on Acquisition
Oakland, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 7 (100%) 274M (100%) - -
Total 7 $274M - -

By Geo

State/Country Buy Value Sell Value
United States 7 274M - -
  California 3 113M - -
  New York 2 - - -
  Nevada 2 161M - -
Total 7 $274M - -

Top M&A Advisors

Financial Deals
Credit Suisse Investment Banking
1
Legal Deals
Wachtell, Lipton, Rosen & Katz
1

Deal Values

buy # Total
$100M to $1B 2 $274M
TOTAL $274M
Largest Business Bank Corp.
$161M (2006-11-01)

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