PrivateBancorp (PVTB) Tops Q1 EPS by 2c

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PrivateBancorp Reports First Quarter 2015 Earnings

April 16, 2015 7:30 AM EDT

CHICAGO, April 16, 2015 /PRNewswire/ -- PrivateBancorp, Inc. (NASDAQ: PVTB) today reported net income of $41.5 million, or $0.52 per diluted share, for the first quarter 2015, compared to $34.5 million, or $0.44 per diluted share, for the first quarter 2014, and $37.2 million, or $0.47 per diluted share, for the fourth quarter 2014.

"I am pleased with our start to the year as we leverage the momentum we have built in our business," said Larry D. Richman, President and Chief Executive Officer, PrivateBancorp, Inc. "Through our consistent execution, we delivered another quarter of strong results for our shareholders. First quarter... More