BNET Industries
Corus Bankshares Inc. (CORS) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $736.6M
- Profit
- Dec 31 2007
- $106.2M
- Market Cap
- Oct 09 2008
- $125.1M
Latest News and Analysis
S&P 1500 Stocks With The Highest Short Interest
Hickey and Walters Bespoke submit: Yesterday's release of the bi-monthly short interest figures showed that short sellers trimmed their bets for the third period in a row. As of August 29th, the average short interest as a percentage of float for stocks in the S&P 1500 declined to...
Chewing on the FDIC List of 'Problem' Banks
Edward Harrison submits: I was recently called out on missing the details of the FDIC's list of 117 'problem' banks. In a post on the OTS' agreement for regulatory supervision of Washington Mutual WM, I incorrectly stated that National City NCC was on that list and inferred that WaMu...
Stocks with the Highest Short Interest
Hickey and Walters Bespoke submit: Below we highlight stocks in the S&P 1500 with the highest short interest as a percentage of float. Investors like to look at these names to 1) find companies that investors are extremely negative on, and 2) find companies that could see big...
10 Financial Entities On the Brink
Michael Shedlock submits: Clearly Lehman LEH is on the brink of disaster. On Wednesday, the Financial Times was reporting Lehman’s secret talks to sell 50% stake stall. by Michael Shedlock
Additional Resources
BellwetherReport.com Analyst Opinions on SBUX, CPSL, CORS and FINL
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
Corus Bankshares Reports Second Quarter Results
CHICAGO, July 28 /PRNewswire-FirstCall/ -- Corus Bankshares, Inc. today released its report of results for the three and six months ended June 30, 2008. The report can be accessed by visiting the following page on Corus' website: http://www.corusbank.com/acrobat/Q208.pdf If you are unable to...
Corus clocks up $270m in commercial loans during May
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed three commercial real estate loans totaling $270.6 million during the month of May 2008. The Bank originated one loan each in Texas, Washington, D.C., and Florida. The deals included a $165.0 million...
Corus closes W Hotel loan
Corus Bankshares, Inc. banking subsidiary, Corus Bank, closed a $165,000,000 loan to CJUF II Stratus Block 21, LLC, an affiliate of Stratus Properties Inc. and Canyon-Johnson Urban Fund II LP, to finance the construction of the W Hotel and Residences, a 37-story condominium and hotel project located at 308 W....
Corus closes $310m in deals
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed three commercial real estate loans totaling $310 million during the month of February 2008. The bank originated a $116.4 million construction loan to finance Phase III of The Crossing, a 350-unit, luxury multifamily residential development in San...
Corus closes $129m deal
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed one commercial real estate loan in Chicago, Illinois totaling $129.5 million during the month of March 2008. The $129.5 million loan was arranged to finance the construction of the south tower in the Walton on the Park...
Corus closes $310m in loans for three projects
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed three commercial real estate loans totaling $310 million during the month of February 2008. The bank arranged a $116.4 million construction loan to finance Phase III of The Crossing, a 350-unit, luxury multifamily residential development in San...
Corus loan Crossing $100m mark for CA project
SAN FRANCISCO, CA: SNK Realty and MacFarlane Partners announced that Corus Bank, a subsidiary of Corus Bankshares, Inc., has closed a $116,415,000 loan to finance the construction of Phase III of The Crossing | San Bruno, a 350-unit, luxury multifamily residential development in San Bruno, Calif., that will feature both...
Corus closes loan
Corus Bankshares, Inc. announced on that itsbanking subsidiary, Corus Bank, closed a $129,500,000 loan on March 6, 2008 to Walton on the Park South, LLC, an affiliate of The Enterprise Companies and Mesirow Financial, to finance Walton on the Park, a 31-story condominium building located at 2 West...
Corus construction loan
Corus Bankshares, Inc. banking subsidiary, Corus Bank, provided a $107,500,000 loan to Jemal's Square 320, LLC, to finance the construction of 1199 F Street, a 12-story office building located at 1199 F Street NW, Washington, DC. Favorably located in the resurgent East End submarket, the project will consist...
Peer Pressure: Best of the Biggest
{Ranked by 3-Year Average ROE} Rank/Institution Total Assets ($000) Market Value ($M) Closing Price($)ROE (%) 2007 ROE (%) 2006 ROE (%) 2005 3–YR Avg. ROE (%) Net Interest Margin (%) Net Income ($000) Total Non-Interest Income ($000) ROAA ($000) Efficiency Ratio (%) Profit Margin (%) 1...
Corus inks $375m in loans last month
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed three commercial real estate loans totaling $375 million during the month of January 2008. The Bank originated one loan each in Washington, D.C., Colorado, and Virginia. A $145 million loan was arranged to finance Republic Square, a...
Corus Bankshares Announces Quarterly Dividend
CHICAGO -- Corus Bankshares, Inc. (NASDAQ:CORS) ("Corus") today announced that the Board of Directors declared a quarterly cash dividend on common stock of $0.25 per share. Corus' first quarter cash dividend will be paid to shareholders of record as of March 26, 2008, and will begin trading ex-dividend on March...
Corus rises to challenge
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, has closed a $118,000,000 loan to Spire Denver, LLC, an affiliate of Nichols Partnership, Inc.. The loan will be used to finance the construction of Spire, a 41-story condominium building located at 891 14th Street, Denver, Colorado. ...
Corus Bankshares Reports Earnings for 2007
CHICAGO -- Corus Bankshares, Inc. (NASDAQ:CORS). Corus' 2007 fourth quarter earnings were $1.9 million, or $0.03 per diluted share, down from $47.2 million, or $0.82 per diluted share, in the fourth quarter of 2006. For the year ended December 31, 2007, earnings were $106.2 million, or $1.85 per diluted share...
Corus clocks up $187m
Corus Bankshares, Inc. announced that its banking subsidiary, Corus Bank, closed two commercial real estate loans totaling $187.7 million during the month of December 2007. The Bank originated one loan in Hawaii and one loan in California. A $169.2 million construction loan financed the Allure Waikiki, a 35-story...
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- Incorporated: 1958
- CEO: Mr. Robert J. Glickman
- Employees: 520
Corus Bankshares is a bank holding company with total assets of $8.93 billion and total deposits of $7.62 billion as of Dec 31 2007. Co., through its wholly-owned banking subsidiary, Corus Bank, N.A. (the Bank), is primarily focused on commercial real estate lending and deposit gathering. The third, and smaller, business of the Bank is servicing the check cashing industry. As of Dec 31 2007, the Bank had 11 branches in the Chicago metropolitan area that provides general banking services such as checking, savings, money market, and time deposit accounts as well as safe deposit boxes and a range of additional services.
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Corus Bankshares Inc. Company Info
Board of Directors
Mr. Joseph C. Glickman
Chairman
Mr. Robert J. Glickman
Mr. Robert J. Buford
Mr. Kevin R. Callahan
Mr. Rodney D. Lubeznik
Mr. Peter C. Roberts
Mr. Michael J. McClure
Contact Information
3959 N. Lincoln Avenue
Chicago, IL
773 832 3088
NAICS Code
Commercial Banking: 522110Brought to you by IBM
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