PrivateBancorp Company Profile (NASDAQ:PVTB)

About PrivateBancorp (NASDAQ:PVTB)

PrivateBancorp logoPrivateBancorp, Inc. is a bank holding company for The PrivateBank and Trust Company (the Bank). Through the Bank, the Company provides customized business and personal financial services to middle market companies, as well as business owners, executives, entrepreneurs and families in the markets and communities it serves. The Company operates through three operating segments: Banking, Asset Management and Holding Company activities. The Banking segment consists of commercial and personal banking services. The Company's Asset Management segment includes certain activities of its PrivateWealth group, including investment management, personal trust and estate administration, custodial and escrow services, investment management services for 401(k) plans 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
  • Symbol: NASDAQ:PVTB
  • CUSIP: 74296210
  • Web:
  • Market Cap: $4.81 billion
  • Outstanding Shares: 80,074,000
Average Prices:
  • 50 Day Moving Avg: $59.05
  • 200 Day Moving Avg: $55.18
  • 52 Week Range: $34.00 - $60.43
  • Trailing P/E Ratio: 22.60
  • Foreward P/E Ratio: 17.31
  • P/E Growth: 1.95
Sales & Book Value:
  • Annual Revenue: $719.65 million
  • Price / Sales: 6.68
  • Book Value: $24.93 per share
  • Price / Book: 2.41
  • Annual Dividend: $0.04
  • Dividend Yield: 0.1%
  • 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%
  • Average Volume: 1.42 million shs.
  • Beta: 1.26
  • Short Ratio: 2.25

Frequently Asked Questions for PrivateBancorp (NASDAQ:PVTB)

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 Monday, March 6th. Investors of record on Friday, March 17th will be paid a dividend of $0.01 per share on Friday, March 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. The ex-dividend date of this dividend is Wednesday, March 15th. View PrivateBancorp's Dividend History.

How were PrivateBancorp's earnings last quarter?

PrivateBancorp Inc (NASDAQ:PVTB) issued its earnings results on Thursday, April, 20th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. The company earned $198.30 million during the quarter, compared to analyst estimates of $197.26 million. PrivateBancorp had a net margin of 25.64% and a return on equity of 11.48%. During the same quarter in the previous year, the business posted $0.62 earnings per share. View PrivateBancorp's Earnings History.

When will PrivateBancorp make its next earnings announcement?

PrivateBancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for PrivateBancorp.

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

6 brokers have issued twelve-month target prices for PrivateBancorp's shares. Their predictions range from $46.00 to $63.00. On average, they anticipate PrivateBancorp's stock price to reach $55.80 in the next year. View Analyst Ratings for PrivateBancorp.

Are investors shorting PrivateBancorp?

PrivateBancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 2,215,888 shares, an increase of 93.3% from the April 28th total of 1,146,150 shares. Based on an average daily volume of 2,950,056 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.8% of the shares of the company are sold short.

Who are some of PrivateBancorp's key competitors?

Who owns PrivateBancorp stock?

PrivateBancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.42%), Vanguard Group Inc. (7.90%), State Street Corp (5.60%), Morgan Stanley (3.34%), Dimensional Fund Advisors LP (2.80%) and Goldman Sachs Group Inc. (2.16%). Company insiders that own PrivateBancorp stock include Alejandro Silva, Bruce R Hague, C Brant Ahrens, Edward W Rabin and Ralph B Mandell. View Institutional Ownership Trends for PrivateBancorp.

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 Renaissance Technologies LLC, Goldman Sachs Group Inc., Tudor Investment Corp ET AL, Alliancebernstein L.P., Neuberger Berman Group LLC, Highbridge Capital Management LLC, Wells Fargo & Company MN and Citadel Advisors LLC. Company insiders that have sold PrivateBancorp stock in the last year include Bruce R Hague, C Brant Ahrens and Edward W Rabin. View Insider Buying and Selling for PrivateBancorp.

Who bought PrivateBancorp stock? Who is buying PrivateBancorp stock?

PrivateBancorp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Vanguard Group Inc., State Street Corp, Morgan Stanley, Ameriprise Financial Inc. and Leucadia National Corp. View Insider Buying and Selling for PrivateBancorp.

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 $60.06.

Analyst Ratings

Consensus Ratings for PrivateBancorp (NASDAQ:PVTB) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $55.80 (7.09% downside)

Analysts' Ratings History for PrivateBancorp (NASDAQ:PVTB)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/4/2017Piper Jaffray CompaniesBoost Price TargetNeutral$50.00 -> $60.00LowView Rating Details
3/24/2017Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$54.00 -> $63.00MediumView Rating Details
3/22/2017BMO Capital MarketsReiterated RatingHold$61.00LowView Rating Details
6/30/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Market Perform$49.00N/AView Rating Details
6/30/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$46.00N/AView Rating Details
6/12/2016Sterne Agee CRTInitiated CoverageHoldN/AView Rating Details
4/7/2016DA DavidsonInitiated CoverageNeutral$41.00N/AView Rating Details
3/22/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
2/9/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$42.00N/AView Rating Details
10/14/2015MacquarieReiterated RatingHold$41.00N/AView Rating Details
10/9/2015StephensInitiated CoverageEqual WeightN/AView Rating Details
10/6/2015Jefferies Group LLCLower Price TargetHold$43.00 -> $42.00N/AView Rating Details
7/20/2015JPMorgan Chase & Co.Boost Price TargetOverweight$47.50 -> $48.50N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for PrivateBancorp (NASDAQ:PVTB)
Earnings by Quarter for PrivateBancorp (NASDAQ:PVTB)
Earnings History by Quarter for PrivateBancorp (NASDAQ:PVTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017Q1 2017$0.67$0.70$197.26 million$198.30 millionViewN/AView Earnings Details
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$169.18 million$173.12 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$158.90 million$162.00 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$147.48 million$147.30 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$137.56 million$142.61 millionViewN/AView Earnings Details
4/17/2014Q114$0.41$0.44$134.54 million$134.99 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)
2017 EPS Consensus Estimate: $3.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.68$0.75$0.72
Q2 20173$0.72$0.75$0.74
Q3 20173$0.74$0.78$0.76
Q4 20173$0.78$0.80$0.79
(Data provided by Zacks Investment Research)


Current Dividend Information for PrivateBancorp (NASDAQ:PVTB)
Most Recent Dividend:3/31/2017
Annual Dividend:$0.04
Dividend Yield:0.07%
Payout Ratio:1.56% (Trailing 12 Months of Earnings)
1.30% (Based on This Year's Estimates)
1.15% (Based on Next Year's Estimates)
Dividend Payments by Quarter for PrivateBancorp (NASDAQ:PVTB)

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

Insider Trades

Insider Trading and Institutional Ownership History for PrivateBancorp (NASDAQ:PVTB)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 88.54%
Insider Trades by Quarter for PrivateBancorp (NASDAQ:PVTB)
Institutional Ownership by Quarter for PrivateBancorp (NASDAQ:PVTB)
Insider Trades by Quarter for PrivateBancorp (NASDAQ:PVTB)
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)


Headline Trends for PrivateBancorp (NASDAQ:PVTB)
Latest Headlines for PrivateBancorp (NASDAQ:PVTB)
DateHeadline logoCanadian Imperial Bank of Commerce’s Takeover of PrivateBancorp Inc. Approved: Time to Buy? - May 16 at 9:42 AM logoPrivateBancorp Shareholders Finally Approve Bid by CIBC - May 16 at 9:42 AM logoDan Loeb Goes 3-for-3 in 1st Quarter - May 13 at 1:12 AM logoPrivateBancorp (PVTB) Says Stockholders Approve Acquisition By CIBC (CM) - May 12 at 8:12 PM logoPrivateBancorp owners approve CIBC bid - May 12 at 10:25 AM logoPrivateBancorp Inc (PVTB) Expected to Announce Quarterly Sales of $204.02 Million - May 10 at 9:46 AM logoPrivateBancorp (PVTB), CIBC Reaffirm Intent to Hold PrivateBancorp Stockholder Meeting on May 12 - May 8 at 6:46 PM logoCANADA STOCKS-TSX rises as energy and Home Capital rally - May 8 at 6:46 PM logo Brokerages Expect PrivateBancorp Inc (PVTB) Will Announce Earnings of $0.76 Per Share - May 8 at 6:24 PM logoFIG Partners Equities Analysts Raise Earnings Estimates for PrivateBancorp Inc (PVTB) - May 5 at 8:06 AM logoPrivateBancorp's stock jumps on heavy volume after CIBC raised buyout bid - May 4 at 7:35 PM logoCIBC (CM), PrivateBancorp (PVTB) Amend Merger Agreement for Increase in Consideration of $3 Per Share - May 4 at 7:35 PM logoCIBC and PrivateBancorp Announce Increase in Consideration under Amended Merger Agreement - May 4 at 8:29 AM logoCIBC raises offer for PrivateBancorp again - May 4 at 8:29 AM logoSomewhat Negative Press Coverage Somewhat Unlikely to Impact PrivateBancorp (PVTB) Stock Price - May 3 at 12:37 PM logoPrivateBancorp Inc (PVTB) Given Average Rating of "Hold" by Analysts - May 2 at 2:20 PM logo[$$] The Drop in Canada’s Bank Stocks Is Latest Trouble For This Deal - May 2 at 9:58 AM logoHome Capital Woes Threaten to Hurt CIBC's PrivateBancorp Offer - May 1 at 2:40 PM logoISS not swayed by boosted bid for PrivateBancorp - May 1 at 10:48 AM logoPrivateBancorp (PVTB) Earning Somewhat Favorable Press Coverage, Report Finds - April 30 at 4:10 PM logoPrivateBancorp Inc (PVTB) Sees Significant Decrease in Short Interest - April 29 at 7:49 AM logoPrivateBancorp, Inc. breached its 50 day moving average in a Bearish Manner : PVTB-US : April 28, 2017 - April 28 at 3:23 PM logoPrivateBancorp (PVTB) Earning Very Favorable News Coverage, Analysis Shows - April 27 at 8:00 AM logoPrivateBancorp (PVTB) Given Daily Media Impact Score of 0.10 - April 23 at 9:39 PM logoPrivateBancorp Inc. Q1 Earnings Advance 17% - April 20 at 7:28 PM logoPrivateBancorp Inc (PVTB) Issues Quarterly Earnings Results - April 20 at 10:10 AM logoPrivateBancorp Reports First Quarter 2017 Earnings - April 20 at 8:42 AM logoPrivateBancorp tops Street 1Q forecasts - April 20 at 8:42 AM logo$197.26 Million in Sales Expected for PrivateBancorp Inc (PVTB) This Quarter - April 19 at 9:57 AM logo$0.69 EPS Expected for PrivateBancorp Inc (PVTB) This Quarter - April 17 at 8:18 PM logoPrivateBancorp Inc (PVTB) Scheduled to Post Earnings on Wednesday - April 17 at 8:56 AM logoPrivateBancorp (PVTB) Receiving Very Positive Media Coverage, Study Shows - April 16 at 8:18 AM logoPrivateBancorp (PVTB) Receiving Somewhat Positive Press Coverage, Report Finds - April 13 at 8:39 PM logoPrivateBancorp, Inc. : PVTB-US: Dividend Analysis : March 17th, 2017 (record date) : By the numbers : April 6, 2017 - April 7 at 12:08 PM logoPrivateBancorp Inc (PVTB) Receives Consensus Rating of "Hold" from Brokerages - April 5 at 3:46 PM logoPiper Jaffray Companies Reaffirms Neutral Rating for PrivateBancorp Inc (PVTB) - April 4 at 10:33 PM logoCIBC And PrivateBancorp Amend Merger Agreement - March 31 at 8:30 AM logoPrivateBancorp Inc. (PVTB) Leaped To A New High After Merger - March 31 at 8:30 AM logoPrivateBancorp (PVTB) Receives Revised Bid Offer from CIBC - March 31 at 8:30 AM logoPrivateBancorp Inc. (PVTB) Has Jumped To A New High On Merger News - March 31 at 12:39 AM logoPRIVATEBANCORP, INC Files SEC form 8-K, Entry into a Material Definitive Agreement - March 30 at 7:39 PM logoPrivateBank Owners Do Board's Job With CIBC Bid - March 30 at 7:39 PM logoCIBC boosts bid for PrivateBancorp; shares climb 6% - March 30 at 3:28 PM logoFirst Week of PVTB May 19th Options Trading - March 29 at 12:20 AM logoPrivateBancorp's (PVTB) Hold Rating Reaffirmed at BMO Capital Markets - March 28 at 10:46 AM logoPrivateBancorp upgraded by Keefe Bruyette - March 28 at 5:14 AM logoPrivateBancorp Inc (PVTB) Upgraded by Keefe, Bruyette & Woods to Buy - March 25 at 8:29 AM logoResearch Reports Initiation on Banking Stocks -- PrivateBancorp, Associated Banc, Old National, and MB Financial - March 24 at 8:11 AM logoPrivateBancorp Inc (PVTB) Given Hold Rating at BMO Capital Markets - March 22 at 9:43 PM logoCIBC: Great Value, But Acquisition Questions Remain - March 13 at 9:39 AM



PrivateBancorp (PVTB) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff