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: $45.53
  • 50 Day Moving Average: $45.47
  • 200 Day Moving Average: $42.22
  • 52-Week Range: $79,495,000.00 - $31.18
  • Trailing P/E Ratio: 18.57
  • Foreward P/E Ratio: 16.62
  • P/E Growth: 1.79
  • Market Cap: $3.62B
  • Outstanding Shares: 79,495,000
  • Beta: 1.91
Profitability:
  • Net Margins: 26.08%
  • Return on Equity: 11.60%
  • Return on Assets: 1.15%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.90%
Additional Links:
Companies Related to PrivateBancorp:

Analyst Ratings

Consensus Ratings for PrivateBancorp (NASDAQ:PVTB) (?)
Ratings Breakdown: 10 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $43.63 (4.18% downside)

Analysts' Ratings History for PrivateBancorp (NASDAQ:PVTB)
Show:
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 Cos.Initiated 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 GroupLower Price TargetHold$43.00 -> $42.00View Rating Details
8/26/2015BMO Capital MarketsLower Price TargetMarket Perform$40.00 -> $39.00View Rating Details
7/20/2015JPMorgan Chase & Co.Boost Price TargetOverweight$47.50 -> $48.50View Rating Details
12/19/2014Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for PrivateBancorp (NASDAQ:PVTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/11/2016        
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)

Estimates

Earnings Estimates for PrivateBancorp (NASDAQ:PVTB)
Current Year EPS Consensus Estimate: $2.57 EPS
Next Year EPS Consensus Estimate: $2.74 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$0.65$0.70$0.68
Q2 20173$0.67$0.72$0.70
Q3 20173$0.70$0.74$0.72
Q4 20173$0.73$0.78$0.75
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for PrivateBancorp (NASDAQ:PVTB)
Annual Dividend:$0.04
Dividend Yield:0.09%
Payout Ratio:1.63% (Based on Trailing 12 Months of Earnings)
1.56% (Based on Current Year Consensus EPS Estimate)
1.46% (Based on Next Year Consensus EPS Estimate)

Dividend History for PrivateBancorp (NASDAQ:PVTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/22/2016quarterly$0.010.09%9/14/20169/16/20169/30/2016
5/19/2016quarterly$0.010.1%6/14/20166/16/20166/30/2016
2/22/2016quarterly$0.010.12%3/15/20163/17/20163/31/2016
11/23/2015quarterly$0.010.09%12/15/201512/17/201512/31/2015
8/27/2015quarterly$0.010.11%9/14/20159/16/20159/30/2015
5/14/2015quarterly$0.010.11%6/12/20156/16/20156/30/2015
2/9/2015quarterly$0.010.12%3/13/20153/17/20153/31/2015
11/21/2014quarterly$0.010.12%12/15/201412/17/201412/31/2014
8/15/2014quarterly$0.010.14%9/12/20149/16/20149/30/2014
5/22/2014quarterly$0.010.15%6/12/20146/16/20146/30/2014
2/26/2014quarterly$0.010.14%3/13/20143/17/20143/31/2014
11/19/2013quarterly$0.010.15%12/13/201312/17/201312/31/2013
9/11/2013quarterly$0.010.18%9/12/20139/16/20139/30/2013
5/24/2013quarterly$0.010.2%6/12/20136/14/20136/28/2013
1/30/2013quarterly$0.010.23%3/13/20133/15/20133/29/2013
12/9/2012quarterly$0.010.26%12/13/201212/17/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PrivateBancorp (NASDAQ:PVTB)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 90.86%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for PrivateBancorp (NASDAQ:PVTB)
DateHeadline
capitalcube.com logoETF’s with exposure to PrivateBancorp, Inc. : September 21, 2016 (NASDAQ:PVTB)
www.capitalcube.com - September 21 at 6:32 PM
capitalcube.com logoPrivateBancorp, Inc. breached its 50 day moving average in a Bearish Manner : PVTB-US : September 19, 2016 (NASDAQ:PVTB)
www.capitalcube.com - September 19 at 11:29 AM
4-traders.com logoPRIVATEBANCORP INC : ex-dividend day (NASDAQ:PVTB)
www.4-traders.com - September 14 at 11:18 AM
nasdaq.com logoPrivateBancorp Trust Preferred Securities About To Put More Money In Your Pocket (NASDAQ:PVTB)
www.nasdaq.com - September 8 at 6:40 PM
capitalcube.com logoETF’s with exposure to PrivateBancorp, Inc. : August 26, 2016 (NASDAQ:PVTB)
www.capitalcube.com - August 26 at 6:41 PM
finance.yahoo.com logoCIBC Announces Third Quarter 2016 Results (NASDAQ:PVTB)
finance.yahoo.com - August 25 at 12:04 PM
biz.yahoo.com logoPRIVATEBANCORP, INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:PVTB)
biz.yahoo.com - August 22 at 6:54 PM
publicnow.com logoPrivateBancorp Declares Quarterly Cash Dividend (NASDAQ:PVTB)
www.publicnow.com - August 22 at 6:54 PM
seekingalpha.com logoPrivateBancorp declares $0.01 dividend (NASDAQ:PVTB)
seekingalpha.com - August 22 at 4:54 PM
finance.yahoo.com logoPRIVATEBANCORP, INC Financials (NASDAQ:PVTB)
finance.yahoo.com - August 17 at 7:20 PM
tradecalls.org logoPalisade Capital Managementnj Lowers stake in PrivateBancorp Inc (PVTB) (NASDAQ:PVTB)
www.tradecalls.org - August 9 at 7:16 PM
biz.yahoo.com logoPRIVATEBANCORP, INC Files SEC form 10-Q, Quarterly Report (NASDAQ:PVTB)
biz.yahoo.com - August 8 at 7:13 PM
capitalcube.com logoPrivateBancorp, Inc. :PVTB-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:PVTB)
www.capitalcube.com - July 26 at 10:21 AM
finance.yahoo.com logoLAWSUIT ALERT: Andrews & Springer LLC Announces That A Law Firm Has Filed A Class Action Lawsuit Against PrivateBancorp, Inc. - PVTB (NASDAQ:PVTB)
finance.yahoo.com - July 25 at 8:01 AM
capitalcube.com logoETF’s with exposure to PrivateBancorp, Inc. : July 22, 2016 (NASDAQ:PVTB)
www.capitalcube.com - July 22 at 3:21 PM
seekingalpha.com logo4 Strong Buy Small-Cap Blend Mutual Funds (NASDAQ:PVTB)
seekingalpha.com - July 22 at 9:56 AM
nasdaq.com logoPrivateBancorp Inc. Reports 8% Increase In Q2 Bottom Line (NASDAQ:PVTB)
www.nasdaq.com - July 22 at 9:56 AM
sg.finance.yahoo.com logoPrivateBancorp beats Street 2Q forecasts (NASDAQ:PVTB)
sg.finance.yahoo.com - July 21 at 7:47 AM
4-traders.com logoLawsuit for Investors Against Buyout of PrivateBancorp Inc (NASDAQ:PVTB) Filed (NASDAQ:PVTB)
www.4-traders.com - July 15 at 5:59 PM
fidaily.com logoPrivateBancorp, Inc. (PVTB) Ownership Down in Latest Report from Fisher Asset Management, LLC (NASDAQ:PVTB)
www.fidaily.com - July 12 at 7:15 PM
finance.yahoo.com logoPrivateBancorp, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Canadian Imperial Bank of Commerce (NASDAQ:PVTB)
finance.yahoo.com - July 12 at 12:41 PM
reuters.com logoFitch: No Rating Impact on CIBC's Ratings Following Acquisition Announcement (NASDAQ:PVTB)
www.reuters.com - July 7 at 7:04 PM
4-traders.com logoInvestor Investigation of Takeover of PrivateBancorp Inc (NASDAQ:PVTB) by CIBC Announced (NASDAQ:PVTB)
www.4-traders.com - July 7 at 9:49 AM
biz.yahoo.com logoPRIVATEBANCORP, INC Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:PVTB)
biz.yahoo.com - July 6 at 4:34 PM
finance.yahoo.com logoPrivateBancorp Shareholder Notice: Faruqi & Faruqi, LLP Announces the Investigation of PrivateBancorp, Inc. (PVTB) Over the Proposed Sale of the Company to Canadian Imperial Bank of Commerce (NASDAQ:PVTB)
finance.yahoo.com - July 6 at 11:46 AM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of PrivateBancorp, Inc. And Encourages Shareholders To Contact The Firm For Additional Information (NASDAQ:PVTB)
finance.yahoo.com - July 5 at 2:45 PM
breakingfinancenews.com logoPrivatebancorp Inc. (NASDAQ:PVTB) stock price target increased to $45 as issued in a report today by KBW (NASDAQ:PVTB)
breakingfinancenews.com - July 2 at 9:42 AM
capitalcube.com logoPrivateBancorp, Inc.: Leads amongst peers with strong fundamentals (NASDAQ:PVTB)
www.capitalcube.com - June 30 at 4:27 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation Into Whether the Sale of PrivateBancorp, Inc. to Canadian Imperial Bank of Commerce Is Fair to Shareholders (NASDAQ:PVTB)
finance.yahoo.com - June 30 at 3:53 PM
finance.yahoo.com logoPrivateBancorp Inc. Acquisition May Not Be in the Best Interests of PVTB Shareholders (NASDAQ:PVTB)
finance.yahoo.com - June 30 at 1:58 PM
capitalcube.com logoETF’s with exposure to PrivateBancorp, Inc. : June 30, 2016 (NASDAQ:PVTB)
www.capitalcube.com - June 30 at 12:31 PM
rttnews.com logoPrivateBancorp Inc. (PVTB) Leaped After Bought By CIBC (NASDAQ:PVTB)
www.rttnews.com - June 30 at 9:49 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of PrivateBancorp, Inc. And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:PVTB)
finance.yahoo.com - June 29 at 10:00 PM
feeds.benzinga.com logoBenzinga's M&A Chatter for Wednesday June 29, 2016 (NASDAQ:PVTB)
feeds.benzinga.com - June 29 at 6:46 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of PrivateBancorp, Inc. (NASDAQ:PVTB)
finance.yahoo.com - June 29 at 5:24 PM
bizjournals.com logoPrivateBancorp reaches deal to sell to Canadian bank (NASDAQ:PVTB)
www.bizjournals.com - June 29 at 3:55 PM
bloomberg.com logoCIBC Extends Canada Push Into U.S. With PrivateBancorp Deal - Bloomberg (NASDAQ:PVTB)
www.bloomberg.com - June 29 at 1:58 PM
feeds.reuters.com logoUPDATE 3-Canada's CIBC to pay $3.8 bln for PrivateBancorp, expand in U.S. (NASDAQ:PVTB)
feeds.reuters.com - June 29 at 11:49 AM
News IconCIBC Moves to Acquire PrivateBancorp (NASDAQ:PVTB)
feedproxy.google.com - June 29 at 10:48 AM
feeds.benzinga.com logoCanadian Imperial Bank Of Commerce Buys PrivateBancorp For $47.00 A Share (NASDAQ:PVTB)
feeds.benzinga.com - June 29 at 9:45 AM
reuters.com logoCanada's CIBC to buy US-based PrivateBancorp in $3.8 billion deal - Reuters (NASDAQ:PVTB)
www.reuters.com - June 29 at 9:28 AM
feeds.reuters.com logoCanada's CIBC to buy U.S.-based PrivateBancorp in $3.8 billion deal (NASDAQ:PVTB)
feeds.reuters.com - June 29 at 8:24 AM
feeds.reuters.com logoUPDATE 2-Canada's CIBC to buy U.S.-based PrivateBancorp in $3.8 bln deal (NASDAQ:PVTB)
feeds.reuters.com - June 29 at 8:24 AM
finance.yahoo.com logoPrivateBancorp (PVTB) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of PrivateBancorp, Inc.; Are Shareholders Getting a Fair Price? (NASDAQ:PVTB)
finance.yahoo.com - June 29 at 8:11 AM
marketwatch.com logoThe Wall Street Journal: CIBC agrees to purchase PrivateBancorp for $3.8 billion (NASDAQ:PVTB)
www.marketwatch.com - June 29 at 8:01 AM
marketwatch.com logoCIBC agrees to purchase PrivateBancorp for $3.8 billion (NASDAQ:PVTB)
www.marketwatch.com - June 29 at 7:54 AM
feeds.reuters.com logoCanada's CIBC to buy U.S.-based PrivateBancorp in $3.8 bln deal (NASDAQ:PVTB)
feeds.reuters.com - June 29 at 7:25 AM
feeds.reuters.com logoUPDATE 1-Canada's CIBC to buy U.S.-based PrivateBancorp in $3.8 bln deal (NASDAQ:PVTB)
feeds.reuters.com - June 29 at 7:25 AM
capitalcube.com logoPrivateBancorp, Inc. :PVTB-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:PVTB)
www.capitalcube.com - June 28 at 1:44 PM
News IconMFs pump in Rs.7,200 cr in stock markets in Apr-Jun and other top mutual fund news (NASDAQ:PVTB)
www.indiainfoline.com - June 28 at 11:49 AM

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PrivateBancorp (NASDAQ:PVTB) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff