CUNB Profile
CU
Bancorp (CA) (CUNB) is a bank holding company that operates through
its subsidiary, California United Bank. The bank provides a range of
financial products and services to businesses, professionals, and
individuals in Southern California.
California United Bank's
services include commercial and industrial lending, commercial real
estate lending, SBA lending, deposit products, and treasury management
services. The bank has a strong focus on relationship banking and is
committed to providing personalized service to its customers.
CU Bancorp was founded in 2005 and is headquartered in Encino,
California. As of my knowledge cutoff of September 2021, the company
was performing well financially, with strong revenue and earnings
growth in recent years. The company's net interest income for the
fiscal year 2020 was $94.6 million, representing an increase of 6.3%
compared to the previous year. Net income for the same period was
$24.6 million, an improvement from $21.8 million in the previous year.
CU Bancorp has a market capitalization of approximately $879
million as of of September 2021, and its stock is listed on the NASDAQ
stock exchange under the ticker symbol CUNB.
The banking
industry is subject to various risks, including changes in interest
rates, credit risk, and regulatory risks. However, California United
Bank's focus on relationship banking and its strong financial
performance should position it well for continued success in the
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