| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
18 |
| Employees |
265 |
| Revenues (TTM) (Millions $) |
115 |
| Net Income (TTM) (Millions $) |
32 |
| Cash Flow (TTM) (Millions $) |
-69 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Cu Bancorp is a publicly-traded financial services organization that offers a diverse range of products and services to individuals and businesses in California, specifically in the Los Angeles and Ventura counties. The company operates as a bank holding company, with its main subsidiary, California United Bank, functioning as a full-service commercial bank.
The company was founded in 2005 and is based in Encino, California, with additional branch locations in Beverly Hills, Westlake Village, and Simi Valley. Cu Bancorp primarily caters to small and medium-sized businesses, professionals, entrepreneurs, and individuals in the local communities.
Cu Bancorp offers a wide range of services, including deposit accounts, lending, cash management, and online banking. The bank provides personal banking services such as checking and savings accounts, money market accounts, and certificates of deposit. For commercial clients, it offers business checking and savings accounts, treasury management, lines of credit and term loans, commercial real estate lending, and small business administration (SBA) loans.
In addition to traditional banking services, Cu Bancorp provides wealth management services such as investment management, trust and estate planning, and retirement planning. It also offers insurance services such as life insurance, long-term care insurance, and disability insurance.
Cu Bancorp has demonstrated strong financial performance, with steady loan growth and a robust balance sheet. As of December 31, 2020, the bank reported total assets of $1.8 billion, deposits of $1.6 billion, and loans of $1.3 billion. The company has consistently received high marks for its customer service and financial stability.
Overall, Cu Bancorp is a solid bank holding company that has established itself as a reliable and trusted financial institution in California. Its commitment to meeting the needs of the communities it serves, along with its diverse range of products and services, has ensured consistent success in a highly competitive banking industry.
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