PrivateBancorp Company Profile (NASDAQ:PVTB)

About PrivateBancorp

PrivateBancorp logoPrivateBancorp, Inc. (PrivateBancorp) is a bank holding company. The PrivateBank and Trust Company (the Bank or the PrivateBank) is its bank subsidiary. The Company has three operating segments. The Banking segment consists of commercial and personal banking services. Commercial banking services are primarily provided to corporations and other business clients and include an array of lending and cash management products. Personal banking services offered to individuals, professionals, and entrepreneurs include direct lending and depository services. Its Asset Management segment includes certain activities of its PrivateWealth group, including investment management, personal trust and estate administration, custodial and escrow services, retirement account administration, and brokerage services. The activities of the Holding Company Activities segment include the direct and indirect ownership of its banking subsidiary, the issuance of debt and intersegment eliminations.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: PVTB
  • CUSIP: 74296210
Key Metrics:
  • Previous Close: $56.75
  • 50 Day Moving Average: $55.38
  • 200 Day Moving Average: $49.34
  • 52-Week Range: $79,848,000.00 - $34.00
  • Trailing P/E Ratio: 22.08
  • Foreward P/E Ratio: 17.20
  • P/E Growth: 1.93
  • Market Cap: $4.53B
  • Outstanding Shares: 79,848,000
  • Beta: 1.26
  • Net Margins: 25.64%
  • Return on Equity: 11.48%
  • Return on Assets: 1.13%
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Additional Links:
Companies Related to PrivateBancorp:

Analyst Ratings

Consensus Ratings for PrivateBancorp (NASDAQ:PVTB) (?)
Ratings Breakdown: 7 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $44.80 (21.06% downside)

Analysts' Ratings History for PrivateBancorp (NASDAQ:PVTB)
DateFirmActionRatingPrice TargetDetails
6/30/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Market Perform$49.00View Rating Details
6/30/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$46.00View Rating Details
6/30/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$45.00View Rating Details
6/12/2016Sterne Agee CRTInitiated CoverageHoldView Rating Details
6/10/2016Piper Jaffray CompaniesInitiated CoverageNeutral$43.00View Rating Details
4/7/2016DA DavidsonInitiated CoverageNeutral$41.00View Rating Details
3/22/2016FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
2/9/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$42.00View Rating Details
10/14/2015MacquarieReiterated RatingHold$41.00View Rating Details
10/9/2015StephensInitiated CoverageEqual WeightView Rating Details
10/6/2015Jefferies Group LLCLower Price TargetHold$43.00 -> $42.00View Rating Details
8/26/2015BMO Capital MarketsLower Price TargetMarket Perform$40.00 -> $39.00View Rating Details
7/20/2015J P Morgan Chase & CoBoost Price TargetOverweight$47.50 -> $48.50View Rating Details
(Data available from 2/27/2015 forward)


Earnings History for PrivateBancorp (NASDAQ:PVTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/18/2017Q416$0.66$0.73$182.64 million$196.00 millionViewN/AView Earnings Details
10/20/2016Q3$0.65$0.60$181.50 million$183.12 millionViewN/AView Earnings Details
7/21/2016Q2$0.63$0.62$175.59 million$180.30 millionViewN/AView Earnings Details
4/21/2016Q116$0.57$0.62$170.40 millionViewListenView Earnings Details
1/21/2016Q415$0.56$0.65$164.40 million$170.40 millionViewListenView Earnings Details
10/13/2015Q315$0.55$0.57$159.13 millionViewListenView Earnings Details
7/16/2015Q215$0.52$0.58$154.69 million$158.70 millionViewListenView Earnings Details
4/16/2015Q115$0.50$0.52$150.37 million$155.50 millionViewN/AView Earnings Details
1/16/2015Q414$0.50$0.47$148.20 millionViewN/AView Earnings Details
10/16/2014Q314$0.48$0.51$143.30 million$134.30 millionViewListenView Earnings Details
7/17/2014Q214$0.44$0.52$137.31 millionViewN/AView Earnings Details
4/17/2014Q114$0.41$0.44$134.50 millionViewN/AView Earnings Details
1/15/2014Q413$0.41$0.43$134.45 million$136.00 millionViewN/AView Earnings Details
10/17/2013Q313$0.37$0.42$132.03 million$134.40 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.34$0.37$131.56 millionViewN/AView Earnings Details
4/18/2013Q1 2013$0.29$0.35$132.45 millionViewN/AView Earnings Details
1/22/2013Q4 2012$0.26$0.26$132.20 million$123.00 millionViewN/AView Earnings Details
10/10/2012Q312$0.22$0.27$132.96 million$134.00 millionViewN/AView Earnings Details
7/24/2012$0.16$0.19ViewN/AView Earnings Details
4/24/2012$0.12$0.15ViewN/AView Earnings Details
1/24/2012$0.09$0.11ViewN/AView Earnings Details
10/25/2011$0.07$0.14ViewN/AView Earnings Details
7/26/2011$0.08$0.08ViewN/AView Earnings Details
4/26/2011$0.04$0.10ViewN/AView Earnings Details
1/25/2011$0.02$0.12ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for PrivateBancorp (NASDAQ:PVTB)
Current Year EPS Consensus Estimate: $2.94 EPS
Next Year EPS Consensus Estimate: $3.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.58$0.58$0.58
Q2 20163$0.62$0.64$0.63
Q3 20163$0.64$0.68$0.66
Q4 20163$0.68$0.70$0.69
Q1 20172$0.68$0.75$0.72
Q2 20173$0.71$0.75$0.73
Q3 20173$0.74$0.76$0.75
Q4 20173$0.77$0.78$0.78
(Data provided by Zacks Investment Research)


Current Dividend Information for PrivateBancorp (NASDAQ:PVTB)
Annual Dividend:$0.04
Dividend Yield:0.07%
Payout Ratio:1.56% (Based on Trailing 12 Months of Earnings)
1.36% (Based on Current Year Consensus EPS Estimate)
1.21% (Based on Next Year Consensus EPS Estimate)

Dividend History for PrivateBancorp (NASDAQ:PVTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PrivateBancorp (NASDAQ:PVTB)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 88.54%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016Edward W RabinDirectorSell15,000$45.05$675,750.00View SEC Filing  
11/7/2016Edward W RabinDirectorSell25,000$45.16$1,129,000.00View SEC Filing  
10/26/2016C. Brant AhrensInsiderSell29,425$45.45$1,337,366.25View SEC Filing  
9/8/2016C. Brant AhrensInsiderSell2,500$46.32$115,800.00View SEC Filing  
8/18/2016Edward W RabinDirectorSell5,250$45.18$237,195.00View SEC Filing  
8/1/2016Bruce R HagueInsiderSell11,236$43.92$493,485.12View SEC Filing  
10/23/2015Bruce R. HagueinsiderSell126,867$40.58$5,148,262.86View SEC Filing  
10/19/2015Ralph B MandellDirectorSell15,000$40.26$603,900.00View SEC Filing  
10/16/2015C. Brant AhrensInsiderSell1,253$40.29$50,483.37View SEC Filing  
9/10/2015Alejandro SilvaDirectorSell2,766$38.13$105,467.58View SEC Filing  
6/4/2015C. Brant AhrensInsiderSell1,300$38.73$50,349.00View SEC Filing  
4/28/2015Cheryl Mayberry MckissackDirectorSell3,000$36.06$108,180.00View SEC Filing  
4/24/2015Edward W RabinDirectorSell1,000$36.43$36,430.00View SEC Filing  
4/23/2015William R RybakDirectorSell3,000$36.78$110,340.00View SEC Filing  
4/22/2015Edward W RabinDirectorSell1,000$37.11$37,110.00View SEC Filing  
4/21/2015Bruce S LubinInsiderSell7,500$36.96$277,200.00View SEC Filing  
4/20/2015Edward W RabinDirectorSell1,000$36.90$36,900.00View SEC Filing  
12/9/2014Ralph B MandellDirectorSell10,000$32.47$324,700.00View SEC Filing  
12/2/2014Robert F ColemanDirectorSell2,500$30.55$76,375.00View SEC Filing  
11/12/2014Solkema Kevin VanInsiderSell5,000$32.42$162,100.00View SEC Filing  
9/10/2014Co Invest L P Gtcr IIIDirectorSell8,332$29.90$249,126.80View SEC Filing  
8/20/2014C. Brant AhrensInsiderSell3,500$29.02$101,570.00View SEC Filing  
4/23/2014Fund Ix/B GtcrDirectorSell319,484$28.38$9,066,955.92View SEC Filing  
4/21/2014William RybakDirectorSell3,000$29.64$88,920.00View SEC Filing  
1/22/2014Ralph MandellDirectorSell25,000$30.31$757,750.00View SEC Filing  
10/30/2013Collin E RocheDirectorSell2,000,000$24.50$49,000,000.00View SEC Filing  
10/28/2013Ralph B MandellDirectorSell25,000$24.93$623,250.00View SEC Filing  
8/26/2013Robert ColemanDirectorSell10,000$23.77$237,700.00View SEC Filing  
7/22/2013Ralph B MandellDirectorSell25,000$24.02$600,500.00View SEC Filing  
10/25/2012Leonard WiatrInsiderBuy1,120$16.59$18,580.80View SEC Filing  
10/16/2012James Bruce NicholsonDirectorBuy6,000$17.06$102,360.00View SEC Filing  
10/11/2012Bruce R HagueInsiderBuy4,000$15.75$63,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for PrivateBancorp (NASDAQ:PVTB)
DateHeadline logoCANADA STOCKS-Futures flat after steep fall on Friday (NASDAQ:PVTB) - February 27 at 9:40 AM logoDEALTALK-CIBC's U.S. dream hangs in balance as PrivateBancorp deal drags (NASDAQ:PVTB) - February 24 at 8:36 PM logoFirst Week of PVTB April 21st Options Trading (NASDAQ:PVTB) - February 24 at 8:36 PM logoDaniel Loeb Picks Up Rate-Sensitive Financials, Drops Pharma (NASDAQ:PVTB) - February 23 at 8:45 AM logoCIBC beats forecasts with 13 percent rise in Q1 profit (NASDAQ:PVTB) - February 23 at 8:45 AM logoPrivateBancorp, Inc. : PVTB-US: Dividend Analysis : December 16th, 2016 (record date) : By the numbers : February 1, 2017 (NASDAQ:PVTB) - February 1 at 10:11 PM logoPrivateBancorp Reports Fourth Quarter and Full Year 2016 Earnings (NASDAQ:PVTB) - January 20 at 6:22 AM logoPRIVATEBANCORP, INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NASDAQ:PVTB) - January 20 at 6:22 AM logoPrivateBancorp (PVTB) Tops Q4 EPS by 7c; Continues to Work Toward CIBC Merger (NASDAQ:PVTB) - January 18 at 7:59 PM logoPrivateBancorp beats Street 4Q forecasts (NASDAQ:PVTB) - January 18 at 8:21 AM logoPrivateBancorp Inc. Announces 14% Rise In Q4 Earnings (NASDAQ:PVTB) - January 18 at 8:21 AM logoPrivateBancorp tops Street 4Q forecasts (NASDAQ:PVTB) - January 18 at 8:21 AM
News IconCanadian banks anticipating stateside benefit with Trump's 'pro-growth policy' (NASDAQ:PVTB) - January 10 at 8:47 PM logoCIBC Willing to Wait Out Rally on PrivateBancorp Deal, CEO Says (NASDAQ:PVTB) - January 10 at 8:47 PM logoFirst Week of February 17th Options Trading For PrivateBancorp (PVTB) (NASDAQ:PVTB) - January 6 at 12:16 AM logoPRESS DIGEST-Canada - Dec 8 (NASDAQ:PVTB) - December 8 at 9:04 AM logoPrivateBancorp Delays Shareholder Vote on Merger Offer (NASDAQ:PVTB) - December 8 at 9:04 AM logoUPDATE 4-PrivateBancorp delays shareholder vote on CIBC takeover (NASDAQ:PVTB) - December 7 at 11:19 AM logoUPDATE 3-PrivateBancorp postpones shareholder vote on takeover by CIBC (NASDAQ:PVTB) - December 7 at 9:36 AM logoPrivateBancorp Postpones Special Meeting of Stockholders (NASDAQ:PVTB) - December 7 at 9:05 AM logoPRIVATEBANCORP, INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:PVTB) - December 7 at 9:05 AM logoBRIEF-CIBC comments on postponement of PrivateBancorp special meeting (NASDAQ:PVTB) - December 7 at 8:07 AM logoPrivateBancorp postpones shareholder vote on takeover by CIBC (NASDAQ:PVTB) - December 7 at 8:07 AM logoPrivateBancorp postpones shareholder vote (NASDAQ:PVTB) - December 7 at 7:45 AM logoTrump rally puts CIBC’s PrivateBancorp deal in jeopardy (NASDAQ:PVTB) - December 6 at 7:04 PM logoPrivateBancorp to let shareholder vote go forward (NASDAQ:PVTB) - December 6 at 12:36 PM logoFresh highs for PrivateBancorp - BMO says mid-$50s necessary for deal (NASDAQ:PVTB) - December 6 at 10:48 AM
News IconON Semiconductor Corp. (NASDAQ:ON), PrivateBancorp, Inc. (NASDAQ:PVTB) (NASDAQ:PVTB) - December 6 at 9:14 AM
News IconPrivateBancorp, Inc. (NASDAQ:PVTB), Allegheny Technologies Inc. (NYSE:ATI) (NASDAQ:PVTB) - December 6 at 9:14 AM
News IconToday, The PrivateBancorp Inc. (PVTB) Declares Quarterly Dividend of $0.01 (NASDAQ:PVTB) - December 6 at 9:14 AM logoPrivatebancorp facing buyout vote (NASDAQ:PVTB) - December 5 at 9:35 AM logo2:40 pm PrivateBancorp shareholder Alpine Associates Management announces it intends to vote against the co's proposed acquisition by CIBC (CM (NASDAQ:PVTB) - December 3 at 10:31 AM
News IconAlpine Associates Opposes PrivateBancorp Merger (NASDAQ:PVTB) - December 2 at 7:01 PM logoMore gains for PrivateBancorp as Egan-Jones pulls deal recommendation (NASDAQ:PVTB) - December 2 at 4:27 PM logoPrivateBancorp Shareholders Should Roll the Dice (NASDAQ:PVTB) - December 2 at 12:01 PM logoGlazer Capital Sends Letter to PrivateBancorp (PVTB) Holders; Calls for Rejection of CIBC Deal (NASDAQ:PVTB) - December 1 at 7:17 PM logoBRIEF-Glazer Capital issues open letter to shareholders of PrivateBancorp Inc (NASDAQ:PVTB) - December 1 at 10:36 AM logoPrivateBancorp shoots through deal price as ISS says undervalued (NASDAQ:PVTB) - December 1 at 10:18 AM logoPrivateBancorp: Glass Lewis & Egan-Jones Recommend Proposed Acquisition By CIBC (NASDAQ:PVTB) - December 1 at 8:30 AM logoForm 425 PRIVATEBANCORP, INC Filed by: PRIVATEBANCORP, INC (NASDAQ:PVTB) - December 1 at 8:30 AM logoProxy Advisory Firms Glass Lewis and Egan-Jones Recommend PrivateBancorp Stockholders Vote FOR Sale to CIBC (NASDAQ:PVTB) - December 1 at 8:30 AM logo5:49 am PrivateBancorp announces that Glass Lewis and Egan-Jones recommend stockholders vote for its proposed acquisition by Canadian Imperial Bank of Commerce (CM (NASDAQ:PVTB) - December 1 at 8:30 AM logoCIBC posts better-than-expected quarterly profit (NASDAQ:PVTB) - December 1 at 8:30 AM logo[$$] CIBC's Profit Jumps 20%, and It Increases Dividend (NASDAQ:PVTB) - December 1 at 8:30 AM
News IconWhat Successful Investors Have to Say About PrivateBancorp Inc (PVTB) (NASDAQ:PVTB) - November 28 at 2:00 PM logoETF’s with exposure to PrivateBancorp, Inc. : November 11, 2016 (NASDAQ:PVTB) - November 11 at 6:47 PM
News IconInsider Filings: Edward Rabin Unloaded $1,804,892 Worth of PrivateBancorp Inc (NASDAQ:PVTB) Shares (NASDAQ:PVTB) - November 11 at 9:52 AM logoPrivateBancorp, Inc. breached its 50 day moving average in a Bullish Manner : PVTB-US : November 10, 2016 (NASDAQ:PVTB) - November 10 at 10:10 AM logoETF’s with exposure to PrivateBancorp, Inc. : October 28, 2016 (NASDAQ:PVTB) - October 28 at 6:44 PM logoCIBC's Acquisition Of PrivateBancorp Was Certainly Expensive - But Does It Present An Arbitrage Opportunity? (NASDAQ:PVTB) - October 28 at 10:43 AM


What is PrivateBancorp's stock symbol?

PrivateBancorp trades on the NASDAQ under the ticker symbol "PVTB."

How often does PrivateBancorp pay dividends? What is the dividend yield for PrivateBancorp?

PrivateBancorp announced a quarterly dividend on Friday, December 2nd. Shareholders of record on Friday, December 16th will be given a dividend of $0.01 per share on Friday, December 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.07%. The ex-dividend date of this dividend is Wednesday, December 14th.

Where is PrivateBancorp's stock going? Where will PrivateBancorp's stock price be in 2017?

7 brokers have issued 12 month target prices for PrivateBancorp's stock. Their forecasts range from $41.00 to $49.00. On average, they expect PrivateBancorp's share price to reach $44.80 in the next year.

When will PrivateBancorp announce their earnings?

PrivateBancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Who owns PrivateBancorp stock?

PrivateBancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock, Inc (10.00%), State Street Corp (5.25%), CNH Partners LLC (3.73%), Dimensional Fund Advisors LP (2.83%), NWQ Investment Management Company LLC (1.41%) and Marshall Wace LLP (1.22%). Company insiders that own PrivateBancorp stock include Alejandro Silva, Bruce R Hague, Bruce S Lubin, C Brant Ahrens, Cheryl Mayberry Mckissack, Edward W Rabin, Ralph B Mandell and William R Rybak.

Who sold PrivateBancorp stock? Who is selling PrivateBancorp stock?

PrivateBancorp's stock was sold by a variety of institutional investors in the last quarter, including Capstone Investment Advisors LLC, Westchester Capital Management LLC, Alpine Associates Management Inc., Tudor Investment Corp Et Al, Pentwater Capital Management LP, Ranger Investment Management L.P., Loomis Sayles & Co. L P and Guggenheim Capital LLC. Company insiders that have sold PrivateBancorp stock in the last year include Bruce R Hague, C Brant Ahrens and Edward W Rabin.

Who bought PrivateBancorp stock? Who is buying PrivateBancorp stock?

PrivateBancorp's stock was acquired by a variety of institutional investors in the last quarter, including CNH Partners LLC, NWQ Investment Management Company LLC, Renaissance Technologies LLC, Marshall Wace LLP, Tourbillon Capital Partners L.P., Gillson Capital LP, Maltese Capital Management LLC and ARP Americas LLC.

How do I buy PrivateBancorp stock?

Shares of PrivateBancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of PrivateBancorp stock cost?

One share of PrivateBancorp stock can currently be purchased for approximately $56.75.

PrivateBancorp (NASDAQ:PVTB) Chart for Monday, February, 27, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for PrivateBancorp (NASDAQ:PVTB)

Earnings History Chart

Earnings by Quarter for PrivateBancorp (NASDAQ:PVTB)

Dividend History Chart

Dividend Payments by Quarter for PrivateBancorp (NASDAQ:PVTB)

Last Updated on 2/27/2017 by Staff