City National Revenue, Profits - CYN Quarterly Income Statement

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$89.6 $0.33 (0.37%) CYN stock closing price Oct 30, 2015 (Closing)

CYN stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the City National stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the CYN stock is bound to reflect the impact of the QoQ decline of $12.18M. One also needs to look at City National assets, operating expenses and City National free cash flow. The City National profit and loss statement shows revenue of $348.01M for 2015-Q3. Revenue has decreased by $12.18M QoQ for CYN stock. View details of revenue and profits for City National for latest & last 40 quarters

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Fiscal year is Jan - Dec.2015 Q32015 Q22015 Q12014 Q4
City National Net Sales or Revenues
348.01M360.19M338.55M335.76M
Cost Of Goods Sold (COGS)1.87M1.88M1.92M2.05M
City National Gross Profit
346.13M358.31M336.63M333.73M
Research & Development Expense----
Selling General & Admin Expense222.47M232.01M218.58M219.67M
Income Before Depreciation Depletion Amortization123.66M126.29M118.05M114.06M
Depreciation Depletion Amortization10.71M10.73M16.35M9.87M
Non Operating Income----
Interest Expense9M8.89M8.98M8.84M
City National Pretax Income
103.93M106.66M92.71M95.36M
Provision for Income Taxes32.2M37.68M30.59M28.7M
Minority Interest-0.07M0.48M0.55M0.73M
Investment Gains Losses----
Other Income----
Income Before Extraordinaries & Disc Operations67.72M68.5M61.6M65.96M
Extraordinary Items & Discontinued Operations----
City National Net Income (Profit/Loss)
67.72M68.5M61.6M65.96M
Average Shares used to compute Diluted EPS57.37M56.99M56.93M55.93M
Average Shares used to compute Basic EPS57.37M56.99M56.93M55.15M
Income Before Nonrecurring Items67.72M68.5M61.6M66.78M
Income from Nonrecurring Items----0.83M
City National Earnings Per Share Basic Net
1.181.131.011.11
City National Earnings Per Share Diluted Net
1.181.131.011.10
EPS Diluted Before Nonrecurring Items1.181.131.011.11
Preferred Dividends Acc Pd----
Dividends Common----
Dividend Per Share Common0.350.350.350.33
All figures in USD. M: Millions of USD, B: Billions of USD.

The key things to look for in an income statement while doing City National stock analysis are:
  • Topline: A growing topline, as seen from the City National revenue chart, as is not the case with City National indicates a sagging business. One needs to compare the QoQ or YoY topline or sales growth of CYN stock with its peers like PACW stock and WAL stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $348.01M - other expenses = $67.72M for CYN stock. An improving bottomline implies that the company is growing its profits.
The income statement is also called statement of revenue and expense. The CYN financials along with City National historical stock prices provide a lot of details about the firm .