PrivateBancorp (PVTB) Misses Q2 EPS by 6c; Announces Publication of Stress Test Summary Results

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PrivateBancorp Reports Third Quarter 2016 Earnings

October 20, 2016 7:30 AM EDT

CHICAGO, Oct. 20, 2016 /PRNewswire/ -- PrivateBancorp, Inc. (NASDAQ: PVTB) today reported net income of $48.9 million, or $0.60 per diluted share, for the third quarter 2016, compared to $45.3 million, or $0.57 per diluted share, for the third quarter 2015, and $50.4 million, or $0.62 per diluted share, for the second quarter 2016. For the nine months ended September 30, 2016, the Company had net income of $148.8 million, or $1.84 per diluted share, compared to $133.2 million, or $1.67 per diluted share, for the nine months ended September 30, 2015.

"Our third quarter results reflect our continued focus on consistent execution of our strategy to build long-term... More

PrivateBancorp, Inc. Discloses Results of 2016 Dodd-Frank Act Company-Run Stress Test

October 20, 2016 7:30 AM EDT

CHICAGO, Oct. 20, 2016 /PRNewswire/ -- PrivateBancorp, Inc. (NASDAQ: PVTB) announced today that it has published the summary results of its annual company-run capital stress test as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act and Federal Reserve regulations. The summary results are... More