City National Bank of Florida saw net income in the past quarter drop to $9.5 million from $10.3 million a year before.
October 30, 2014 at 01:00 PM
1 minute read
City National Bank of Florida said Thursday it saw net income for the past quarter drop by over 7 percent to $9.5 million from $10.3 million a year before.
The difference was mainly due to $5.5 million in released provisions last year. Core earnings for the quarter increased to $19 million from $14.9 million a year ago.
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