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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

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...

    Articles 2008-09-26

  • 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...

    Articles 2008-07-29

  • 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...

    Articles 2008-06-11

  • 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....

    Articles 2008-05-14

  • 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...

    Articles 2008-04-16

  • 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...

    Articles 2008-04-09

  • 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...

    Articles 2008-03-19

  • 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...

    Articles 2008-03-19

  • 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...

    Articles 2008-03-12

  • 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...

    Articles 2008-03-05

  • 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...

    Articles 2008-03-01

  • 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...

    Articles 2008-02-13

  • 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...

    Articles 2008-02-12

  • 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. ...

    Articles 2008-01-30

  • 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...

    Articles 2008-01-25

  • 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...

    Articles 2008-01-23

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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

http://www.corusbank.com

773 832 3088

NAICS Code

Commercial Banking: 522110
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